France goes to the polls this Sunday for the first round of a presidential election of existential importance – both for France and for the European Union as a whole. If La Belle France has a bout of flatulence (the triumph of the far left and the far right candidates) there's going to be an unholy stink across the European markets next week…
Most French people seem to agree that France is a country that is in desperate need of reform; but few can agree on what form that reform should take.
France is a wealthy country with more Fortune-500 companies than any other except for the USA, China and Japan. It is a leader in nuclear technology, transportation and aerospace. Its manufacturing sector is highly competitive. Most French still enjoy a congenial lifestyle which many – not least the British – envy. Its healthcare system is amongst the best in the world and its welfare and pension systems are extraordinarily generous by Anglo-Saxon standards. France remains, behind Germany, the engine of European integration: and in many ways exerts more influence over the machinery of the European Union in Brussels than the Germans.
by Nick Sudbury| Funds| 5 mins. to read One of the few areas to benefit from the 2008 financial crisis was peer-to-peer (P2P) lending, which allows people to bypass the banks with investors able to lend directly to individual borrowers.
by Evil Knievil| Evil Diaries| 1 mins. to read I apologise for filing copy late this morning but I have only just got in from the overnight train from Liverpool where I have been buying a week's supply of cocaine. (I also applied to be a striker for Everton but mysteriously encountered delays.)
by Zak Mir | Trading | 1 mins. to read For some reason, over the past couple of weeks it has been rather difficult to latch on to ultra bullish charts. But at least with Lombard Risk Management (LON:LRM) the bulls have a worthy-looking contender.
by Robert Stephens | Equities | 6 mins. to read Less than three years ago, Tesco (LON:TSCO) was in dire straits. It had recently announced a possible overstatement of profits, its sales growth was negative and its outlook was downbeat.
by Evil Knievil | Evil Diaries | 1 mins. to read There is something profoundly infantile about the civic leaders (so claimed) of Liverpool. I think we have a national duty to take the p*** out of Liverpool. Otherwise they'll never grow up.
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