Tag Archives: Marine Le Pen

© Alys | Dreamstime.com Tribune de Genève. After more than two years of a highly overvalued franc, relative to the euro, the currency should ease in the near term reckons Thomas Flury, senior currency strategist at UBS. He expects a euro to be worth 1.14 francs in 6 months and 1.16 within a year. Emmanuel Macron’s victory and Marine Le Pen’s defeat in the second round of France’s presidential election support this...

Die Anleger rechnen nicht mit ihrem Sieg: Marine Le Pen. Foto: Christian Hartmann (Reuters) Seit etwa einem halben Jahr steigen die Zinsdifferenzen innerhalb der Eurozone wieder. Selbst der Unterschied zwischen Deutschland und Frankreich nimmt zu. (Die Grafik zeigt die Zinsdifferenz zwischen den deutschen und französischen zehnjährigen Staatsobligationen.) Wie muss man diese neue Unsicherheit einschätzen? Droht ein Szenario wie im ersten Semester 2012, als viele Anleger auf den Zerfall...

On Friday, after it emerged that as part of Marine Le Pen’s strategic vision for France, should she win, is a return to the French franc as well as redenomination of some €1.7 billion in French (non-international law) bonds, both rating agencies and economists sounded the alarm, warning it would “amount to the largest sovereign default on record, nearly 10 times larger than the €200bn Greek debt restructuring in 2012,...

By Ingrid Melander, Leigh Thomas and Simon Carraud Marine Le Pen © Reuters. France's FN sets out unorthodox economic plans to support a euro exit - Click to enlarge PARIS (Reuters) – France’s National Front will combine the euro exit at the heart of its economic platform with a cocktail of unorthodox policies including money printing, currency intervention and import taxes, a top party official told Reuters. A key...

Crumbling Stability In the past few months, we have witnessed a series of defining events in modern political history, with Britain’s vote to exit the EU, (several) terror attacks in France and Germany, as well as the recent attempted military coup in Europe’s backyard, Turkey. Uncertainty over Europe’s political stability and the future of the EU keeps growing. These worries are quite valid, as geopolitical...

  A Glorious Day What a glorious day for Britain and anyone among you who continues to believe in the ideas of liberty, freedom, and sovereign democratic rule. The British people have cast their vote and I have never ever felt so relieved about having been wrong. Against all expectations, the leave camp somehow managed to push the referendum across the center line, with 51.9% of voters counted electing to leave the...