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Transcripts For BBCNEWS World Business Report 20170508

Emmanuel macron wins the french presidency, but that may prove to have been the easy part. We assess how his en Marche Movement hopes to tackle the huge problems of the french economy. And President Trump wants to cut red tape to get drugs on the market faster, but the Pharmaceutical Industry is wary of president s bearing gifts. So now lets focus on the Business Implications of that result in france. Well look at all the Market Reaction as well in this of World Business report. So, he got thejob. Emmanuel macron is to be the french president. Now the hard work begins. His first challenge will be to form a government with crucial parliamentary elections in june. The outcome of that will determine how much power the new president has to tackle the lengthy list of economic problems. As weve highlighted before on this Programme France has had a high Unemployment Rate for many, many years. Currently it is about 10 of the workforce, or 3 million people. That co m pa res workforce, or 3 mill

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