The leftwing stuns France
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 8 July 2024
⏱️ 14 minutes
🧾️ Download transcript
Summary
France’s anti far-right alliance is on track to halt the rise of Marine Le Pen’s Rassemblement National, Labour’s landslide win is set to enhance the attractiveness of UK markets, and scientists said that this year was on track to become the warmest on record. Plus, the Chinese province closest to Taiwan seeks greater ties, but businesses aren’t biting. Credit: Washington Post, CNN, AFP
Mentioned in this podcast:
Leftwing surge thwarts far right in French election, polls suggest
UK stands out for its stability after election landslide, say investors
Investors shy away from China’s ‘Taiwan Town’ as tensions rise
World on track for hottest year as seas reach record levels for 15 months in a row
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | At equinore. UK. Good morning from the Financial Times. Today is Monday, July 8th, and this is your |
| 0:18.2 | FT news briefing. A left-wing surge in France has slammed the brakes on the far right and markets are giving |
| 0:26.5 | the labor government two thumbs up, at least for now. |
| 0:30.9 | Plus China was hoping that a big shopping center near Taiwan could help bring an investment. |
| 0:37.0 | But nowadays Taiwanese business people just don't want to come and a lot of people have left and packed up. |
| 0:42.0 | I'm Kasha Bursalian and here's the news you need to start your day. Centres and left-wing supporters in France let off a huge amount of steam last night. |
| 1:11.0 | Candidates from both groups were able to block the far right national rally or |
| 1:17.2 | RN party from gaining a majority in a high stakes parliamentary election yesterday. |
| 1:23.4 | The results are nothing less than shocking, |
| 1:26.0 | a complete turnaround, an apparent rebuke |
| 1:28.3 | of the far right in favour of the far left. |
| 1:32.4 | The FT's Lealah Abood has been covering the results and explains how |
| 1:35.8 | voters took to the polls. Voters delivered a narrow win for this left-wing |
| 1:40.2 | alliance called the Nouve-France-Pélou, and President Macron's centrist alliance came in second, |
| 1:46.4 | and the far right, which we had all been expecting to kind of win big, ended up in third place. |
| 1:52.4 | Essentially the left and the center teamed up to push the |
| 1:55.3 | RN out or sort of block the RN. What they did was they tactically dropped out |
| 2:00.0 | a lot of their candidates from the second round and as a result they managed to beat back |
| 2:04.0 | the RN in a spectacular way. But while the strategy worked, none of the three main blocks |
| 2:10.0 | will have enough seats in Parliament to actually form a government, |
... |
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