First round of president ial elections in france. Been ringingua has as the news throughout the weekend. We see her in paris. I watched the special yesterday. The question i came back to was how could we get to a world where the two established parties in france did not even make it to the second round . Francine this is significant. There will be a lot of introspection and navelgazing today from the candidates who did not make it. There are two lines of thought. First is that france is ready to reform. They want growth and a more market friendly economy. That is why they voted for a 39yearold the wants to shake things up but is not too scary. How does that explain 40 of the votes going to extreme candidates, Marine Le Pen and jeanluc melenchon. There were four candidates. You can see the old school, the republicans almost had a clear win until january when we had Francois Fillon immersed in a scandal about paying his family without work being done. Macron won because he was the most p
That is higher than the last time they did this, which everybody almost passed. A few banks went bust after that. This will bring credibility and the benchmark at six percent is something that has not been finalized that will be argued on lobbying for credibility. Content. Sugar content is next. That will be a next story. A real diversifying company. 16 week sales up 14 . Sugar, revenue down 28 . A 42 month low. Couldhe next decade, you see a structural demand issue, just as the politicians are trying to declare a war on sugar. Something you and i can talk about. We could see the stock fall anywhere up to 4 . In johannesburg trading. China, china, china. Sales decline. They are not sending as much jewelry. Cartier, the demand is not there. We have quite a lot of news today. We have Corporate News and richemont, and we have the car sector as well. What else . Wereose car numbers stunning. As we go onto the morning, we are going to keep an eye on initial jobless claims. The fed reports l
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