Politics
The French legislative elections this Sunday have created a new political scenario unprecedented in modern history. President Emmanuel Macron, who was elected two months ago, has lost his absolute majority in the National Assembly. The left coalition and the National Union led by Marine Le Pen increased the number of deputies.
What actually happened this Sunday in France is that the newly elected president has lost control of the National Assembly and will now be forced to negotiate the future and find allies in Parliament. Prime Minister Elisabeth Borne has already given assurances that she is ready to negotiate.
The problem is that the parties that could ally with the government, especially the Republicans, do not seem to be interested in negotiations. And in the French opposition, the left and the extreme right, which have achieved the best result, will now be strengthened.
The left-wing coalition, led by Jean-Luc Mélenchon, also announced that it intends to submit a vote of no confidence in the government in early July. But despite being the second largest parliamentary group, it does not have enough votes to pass the proposal.
One thing is certain right now: Emmanuel Macron faces five years of constant negotiations and parliamentary compromises.
However, it should be noted that more than half of the French voters did not go to the polls, especially the youth, who, according to analysts, do not see themselves in the current politics and are tired of the elections. The second round of legislative elections was the fourth national vote this year in France.
AcThe coalition that supports French President Emmanuel Macron won 245 places in the National Assembly far short of the 289 needed for an absolute majority. BUT ensemble! получил 38,57% голосовwhich means a loss of ten percentage points and 105 MPs in relation to the second round of the 2017 legislative elections.
According to the results released this Monday by the Ministry of the Interior, the left-wing coalition Nova União Popular Ecológica e Social (NUPES) has 131 deputies with 31.60% of the vote.. data that means when they introduced themselves separately (La France Insumisa, the Socialist Party, the French Communist Party and the Greens).
But the largest increase that the demographic institutions did not predict with this magnitude corresponds to The National Union – far right – Marine Le Pen won 89 seats (with 17.30% of the vote), a giant leap from the eight MPs he won in 2017, when he received 8.75% of the vote in the runoff. wishes.
O The classic right-wing Republican Party has suffered a major setback as 61 MPs achieved well below 112 from five years ago. In percentage terms, it fell from 22.23% to 6.98%.
From the Lusa
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Politics
The dollar continues to reflect the political scenario
Yesterday, financial agents evaluated the opposite decision of the Federal Supreme Court (STF) regarding the so-called secret budget. In addition, a decision was made by STF Minister Gilmar Méndez to issue an injunction that would exclude the Bolsa Família from the spending cap rule, with investors trying to understand how this measure would affect the processing of the transitional PEC in the Chamber of Deputies. Oh this PEC!!!!
Since he is an exchange investor, any reading that the budget will be exceeded or become more flexible will negatively affect the exchange market, whether through the PEC or in any other way. We will continue with volatility today.
Looking beyond, the US Central Bank (Fed), although slowing down the pace of monetary tightening at its December meeting, issued a tougher-than-expected statement warning that its fight against inflation was not yet over, raising fears that rising US interest rates will push the world’s largest economy into recession.
The currency market continues to react to political news. The voting on the PEC is saved for today. It is expected that it will indeed be reviewed to open the way tomorrow for discussions on the 2023 budget.
For today on the calendar we will have an index of consumer confidence in the eurozone. Good luck and good luck in business!!
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Politics
Andrés Sánchez consults with the Ministry of Sports, but refuses a political post.
The former president of the Corinthians dreams of working for the CBF as a national team coordinator. He was consulted shortly after Lula’s election.
Former Corinthians president Andrés Sánchez was advised to take a position in the Ministry of Sports under the administration of Lula (PT). However, he ruled out a return to politics. dreams of taking over the coordination of CBF selectionHow do you know PURPOSE.
No formal invitation was made to the former Corinthian representative, only a consultation on a portfolio opportunity with the new federal government, which will be sworn in on January 1, 2023.
Andrés was the Federal MP for São Paulo from 2015 to 2019. At that time he was elected by the Workers’ Party. However, the football manager begs to stay in the sport, ruling out the possibility of getting involved in politics again.
Andrés Sanchez’s desire is to fill the position of CBF tackle coordinator, which should become vacant after the 2022 World Cup. Juninho Paulista fulfills this function in Brazil’s top football institution.
The former president of Corinthians was in Qatar to follow the World Cup along with other figures in Brazilian football. During his time in the country, he strengthened his ties with the top leadership of the CBF.
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Politics
The EU has reached a political agreement on limiting gas prices – 19.12.2022
The agreement was approved by a supermajority at a ministerial meeting of member states in Brussels, Belgium, after months of discussions about the best way to contain the rise in natural gas prices in the bloc caused by Russia’s invasion of Ukraine. .
The value set by the countries is well below the proposal made by the European Commission, the EU’s executive body, in November: 275 EUR/MWh. However, the countries leading the cap campaign were in favor of an even lower limit, around 100 EUR/MWh.
Germany, always wary of price controls, voted in favor of 180 euros, while Austria and the Netherlands, also skeptical of the cap, abstained. Hungary, the most pro-Russian country in the EU, voted against.
The instrument will enter into force on 15 February, but only if natural gas prices on the Amsterdam Stock Exchange exceed 180 euros/MWh for three consecutive days. In addition, the difference compared to a number of global benchmarks should be more than 35 euros.
Italy, the EU’s biggest supporter of the ceiling, has claimed responsibility for the measure. “This is a victory for Italy, which believed and worked for us to reach this agreement,” Environment and Energy Minister Gilberto Picetto tweeted.
“This is a victory for Italian and European citizens who demand energy security,” he added.
Currently, the gas price in Amsterdam is around 110 EUR/MWh, which is already a reflection of the agreement in Brussels – in August the figure even broke the barrier of 340 EUR/MWh.
However, Russia has already threatened to stop exports to countries that adhere to the ceiling. (ANSA).
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