Sunday, April 23, 2017

French Presidential election is approaching

Today, the first round of French Presidential election will be held.


The perspective of French presidential election became more unclear. In a recent, poll, National Front's Marine Le Pen, Republican Francois Fillon, and Communist-backed Jean-Luc Mélenchon and Mr. Macron are closely competing.

Telegraph: French presidential election: Poll tracker and odds

On the other hand, Euro rose per dollar recently. It is perhaps because of Donald Trump's unstable comments of North Korean perspective with suggesting the need of weakened USD.

Independent: French election: Euro steady as caution dominates ahead of too-close-to-call vote

François Hollande, the current President of France, abandoned to continue taking his seat because he did not believe he would win the next election. His main intention was not to give the administration to a nationalists party. But whether his decision would be fruitful is quite uncertain.

I cannot prospect the result of the election. The important thing is French people's ideology is now splitting. As a foreigner, I had imagined that most Frenches are rather conservative. Therefore, the fact that Hollande succeeded the seat of Sarkozy was surprising. But now, considerable amount of people are more exclusive than ever before, as well not a few people are critically opposing to it.

As seen in the Brexit vote in the UK and Donald Trump's victory in the US, many nations are wandering for the better exit. Nobody knows the answer. Regardless of the winner of the election, the situation in France will be more chaotic, I am afraid.

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