Investment strategy correspondent, London
Ingrid's Feed
Sep 1, 2015

‘It’s so romantic here’ – Chinese load up on Paris wedding snaps

By Ingrid Melander

PARIS(Reuters) – Wang and Xiao gaze into each other’s eyes by Paris’s Notre Dame cathedral, posing hand in hand in sparkling white Western-style wedding clothes as two photographers click away.

A few meters along the river bank from the young couple, who are due to marry next year back home in China, two more Chinese couples in wedding outfits are getting similar pictures taken, while a fourth pair wait for them to vacate the perfect picture spot.

Sep 1, 2015

French Socialists head for election rout

By Ingrid Melander

PARIS(Reuters) – French President Francois Hollande’s Socialists, hit by internal divisions, splits with other left-leaning parties and his own deep unpopularity, face defeat in regional elections in December that bodes ill for their chances in the 2017 presidential race.

Meeting in La Rochelle on the west coast for its annual end-of-summer gathering last weekend under the motto “Act as one”, the Socialist Party appeared everything but.

Sep 1, 2015

Analysis – French Socialists head for election rout

By Ingrid Melander

PARIS(Reuters) – French President Francois Hollande’s Socialists, hit by internal divisions, splits with other left-leaning parties and his own deep unpopularity, face defeat in regional elections in December that bodes ill for their chances in the 2017 presidential race.

Meeting in La Rochelle on the west coast for its annual end-of-summer gathering last weekend under the motto “Act as one”, the Socialist Party appeared everything but.

Aug 30, 2015

French PM says to stick to reforms despite party heckles

LA ROCHELLE, France (Reuters) – French Prime Minister Manuel Valls told ruling Socialist party members on Sunday he would stick to pro-business reforms, despite heckling and booing by activists showing the divisions over economic policy.

A small group of young party members booed Valls at a dinner on Saturday and called for the resignation of Economy Minister Emmanuel Macron, whom they accuse of favoring business over Socialist ideals, participants said on Sunday.

Aug 28, 2015

French Socialists see reason to hope with Greens in turmoil

LA ROCHELLE, France (Reuters) – French Socialists welcomed a decision by two senior Green lawmakers to split away and create a new movement to support them, saying on Friday it would strengthen the Left’s hand in regional and presidential elections.

The extra support could be key for Socialist President Francois Hollande’s chances to get re-elected in 2017 as well as for regional elections in December.

Aug 14, 2015

French economy stagnates in Q2, misses expectations

PARIS, Aug 14 (Reuters) – The French economy came to an unexpected
standstill in the three months to June after a strong first quarter, as a jump
in exports was not strong enough to offset the impact of weak consumer spending
and changes in inventories.

Data published by the INSEE national statistics agency on Friday showed the
2-trillion euro economy was left unchanged at 0.0 percent in the three months to
June, missing a forecast of 0.2 percent growth.

Aug 7, 2015

Focus on Fed, euro zone’s economic health

PARIS (Reuters) – The search for clues to whether the Federal Reserve will raise U.S. interest rates in September for the first time in nearly a decade is set to intensify next week.

U.S. employment rose at a steady clip in July and wages rebounded after unexpectedly stalling in June, signs of an improving economy that could open the door wider to a rate hike soon. But Friday’s data did not cement expectations the Fed will act next month.

Aug 7, 2015

Global Economy Weekahead: Focus on Fed, euro zone’s economic health

PARIS (Reuters) – The search for clues to whether the Federal Reserve will raise U.S. interest rates in September for the first time in nearly a decade is set to intensify next week.

U.S. employment rose at a steady clip in July and wages rebounded after unexpectedly stalling in June, signs of an improving economy that could open the door wider to a rate hike soon. But Friday’s data did not cement expectations the Fed will act next month.

Aug 7, 2015

French aid worker hostage freed in Yemen

PARIS (Reuters) – A French woman abducted in Yemen in February has been freed, President Francois Hollande’s office said on Friday, adding that he would welcome her back to France later in the day.

Development worker Isabelle Prime and her translator Shereen Makawi were abducted by gunmen in the capital Sanaa on Feb. 24 while on their way to work. Yemeni tribal sources said in March Prime would be released, but only Makawi was freed at the time.

Jul 1, 2015

France wants Greek deal now, warns of euro zone break-up risk

PARIS (Reuters) – France wants the euro zone to push for a deal with Greece before Sunday’s referendum, President Francois Hollande said on Wednesday, in comments that differed sharply from those of German leaders.

While the divergence in their public statements reflected different domestic political contexts, they came amid rising tension after Athens announced a referendum for Sunday on bailout terms offered last week by European creditors, and defaulted on its debt to the IMF.