European markets are poised for a strong start to the second half of the year after the first round of voting in France put the far-right National Rally party ahead, but with a smaller share than some polls had projected, lifting the euro to a two-week high.
The broader French market will likely get a boost, especially as the blue-chip CAC 40 index has dropped 6% since French President Emmanuel Macron dissolved parliament. Beyond France, the UK is also gearing up for the general elections on Thursday, with the opposition Labour Party expected to win in a landslide victory.
When someone tried – and failed – to burn down a bus garage in Prague earlier this month, the unsuccessful arson attack didn’t draw much attention. Until, that is, Czech Prime Minister Petr Fiala revealed it was “very likely” that Moscow was behind it.Longtime Democratic strategist James Carville said President Biden does not have advisers telling him what to do, he has employees, in comments after his poor debate showing on Thursday night.
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