Monthly Archives: December 2015

Spain elects a new Congress:Mariano Rajoy’s Partido Popular loses a third of its seats , elects 123; Podemos 69 and Ciudadanos 40 members; Socialists 90 members.

With 99% of the votes counted in the Spanish election the results show a divided Congress with a much weakened centre right party having lost about a third of its seats. Mariano Rajoy the incumbent Prime Minister will have to … Continue reading

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Fed rate rise being signalled but data indicates no need to do so

For many economists in the financial sector expectations are high that the US Federal Reserve has done the right thing in raising interest rates today by 25 basis points. This will be the first rise since the days in 2009 … Continue reading

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National Front shut out in second round of French regional elections:Union of right wins seven regions, the left win 5 regions strategic voting works effectively to block the FN according to exit polls.

According to the latest exit polls in the second round regional elections in France the National Front has been defeated in all 13 regions of France. The centre right Republicains have captured seven regions while the governing socialist party captured … Continue reading

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Marine Le Pen and National Front win first round of French regional elections:FN scores 28.2 % of vote ,Sarkozy’s Républicain coalition 27 % Hollande’s Parti socialiste 23.6%

The first round of the French regional elections revealed a very strong showing for the right wing anti immigrant Front National led by Marine Le Pen. Her party is ahead in six regions and scored over 28 % of the … Continue reading

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