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French Left Shock Victory, Labour’s Growth Plan & House Democrats Pressure Biden | Bloomberg...
Posted
July 8, 2024
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July 8, 2024
298
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16:57Now PlayingYour morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) A left-wing coalition is on course to win the most seats in France’s legislative election in a surprise blow to far-right leader Marine Le Pen, who had hoped to form the next government.
(2) France looks headed for political instability after a surprise win by a left-wing coalition in Sunday’s legislative election offered no party a path to claim the majority needed to govern.
(3) The likelihood of a fragile French government after a shock victory for the left has analysts rushing to gauge the impact on markets there and beyond.
(4) Rachel Reeves will lay out the new Labour government’s plans to spur private investment in her first major speech as Chancellor of the Exchequer on Monday, as the party tries to ride the momentum of its landslide UK election win last week in a dash for economic growth.
(5) Several influential congressional Democrats said privately on Sunday they want Joe Biden to step aside as the party’s White House nominee, as the US president enters a pivotal week for his teetering reelection campaign
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