Lost....
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What Macron’s loss means for the economy and markets
For the first time since 1988, the newly (r)elected French President did not win an absolute majority of seats in the National Assembly. Emmanuel Macron's supporters won only 245 deputies, below the threshold of 289 to hold an absolute majority and a far cry from the 346 seats held during the previous five-year term. The alliance of left-wing parties (NUPES) becomes the leading opposition force in the Assembly with 131 seats, provided the alliance remains in place. Its leader, Jean-Luc Mélenchon, nevertheless failed in his bid to force an alliance by gaining a majority. He will definitely not be appointed Prime ... (full story)