Stories this week. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. The ford foundation. Working with visionaries on the frontlines of social change worldwide. And with the ongoing support of these institutions and friends of the newshour. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan the u. S. Economy is showing signs of rebounding, after a lackluster first quarter. The Labor Department reports that employers added a net of 211,000 jobs in april, up sharply from the month of march. The Unemployment Rate for april fell to 4. 4 , a nearly 10year low. The strong showing could increase odds that the Federal Reserve will raise Interest Rates again next month. In somalia a u. S. Navy seal has been killed in a raid on the islamist militant group, al shabaab. I
What does macrons success mean for political movements outside france . In particular, what are the lessons for the British Labour party . And werejoined by the poet, kate tempest. Carcinogenic, epileptic, post traumatic, bipolar and disaffected. Atomised, thinking were engaged, staring at the screen so we dont have to see the planet diet. Hello, welcome back to paris, at the end of the long 2017 french president ial election. And at the start of a new phase in modern french political history. Emmanuel macron is obviously a big dealfor this country, a fresh face, a reformer, hes leading a new party with a new programme. But he is also now an important player in the world. His bigger than expected win is a tonic for depressed liberal centrists everywhere. The opposite of trump, hes a man who didnt shy away from his pro european views, his desire to keep the border open, his belief in trade, his adherence to a tolerant, open society. Unlike some others, he beat the far right by taking on
Never even contested an election before this year. It really has been an astonishing year in french politics. Emmanuel macron, the young, fresh phrased, road business, ardent european. About to be inaugurated pro business. He trounced his rivals in the elections, a resounding vote in support of a man who only set up his en marche party about a year ago. We are already hearing, by the way, just you know, just to let you know, that we will expect him to appoint his Prime Minister to morrow. We have heard that in the last few minutes. The Prime Minister will be appointed tomorrow and the government will be formed on tuesday. That is what sources close to Emmanuel Macron are telling us. That is the scene there in Central Paris, as we await the formalities of the inauguration and, of course, the french do these things with wonderful and grandeur and lets go to my colleague who was there watching it all unfold. A rather drizzly morning there in paris, we can tell from your umbrella 7 drizzly
To stay in power, experts warn prolonged Political Uncertainty will ta ke prolonged Political Uncertainty will take its toll on sterling and the economy. Not so in france the euro strengthens as macrons new Party En Marche takes control of french politics. This is World Business report, where we will now focus on the business and economic implications of the elections in the uk and france. Lets start with the uk. The Prime Minister, theresa may, has formed a new government but without a majority in parliament she is relying on an alliance with Northern Irelands largest political party, the Democratic Unionist Party. But while the dup insist their relationship with mays team has been close since she became Prime Minister, 11 months ago, any alliance will come at a price, as joe lynam explains. An economic terms, they are less developed than the Republic Of Ireland or the uk. It has low levels of productivity and is heavily dependent on the state. Those sectors apart from the state that
Or so they say. The Foreign Ministers of the worlds seven biggest economies begin to arrrive in lucca, italy, and free trade is high on the agenda. The highway code in the sky. We look at singapores efforts to regulate the airspace for drones. Im aaron heslehurst. If you got eight minutes, stay where you are, give me eight minutes and ill give you a fascinating snapshot of the world of business and money but. We start in italy where the Foreign Ministers of the worlds biggest economies meeting in the historic city of luca. This year italy holds the presidency of the g7 group and rome has already made it clear that one of its priorities is fighting all forms of protectionism. But hang on, why does it matter to all of us . Well, its important because the g7 accounts for just over 46 of the worlds wealth. This meeting is important because its in preparation for next months leaders summit. Last month the host, italian Prime Minister paolo gentiloni, laid out his g7 plan by saying one of th