Sarkozy Courts Far Right

The first round vote of the French presidential election has been completed and it seems likely that France’s president and UMP party candidate for the 2012 presidential elections Nicolas Sarkozy is on course to become the first French president to lose a bid for re-election in more than 30 years. Center-right leader Sarkozy lost, trailing Socialist challenger Francois Hollande ahead of a May 6 run-off, after a record showing in the first round election by the National Front made them potential kingmakers.

In Sunday’s 10 candidate run-off Hollande knocked out Sarkozy by 28.6 percent to 27.2 percent, however National Front leader Marine Le Pen stole the lime-light by managing 17.9 percent which is the biggest tally a far-right candidate could ever get. Her performance reflects the views of the anti-establishment Euro-skeptical populists as the euro zone’s debt crisis deepens the anger over government spending cuts and unemployment. Sarkozy, the most unpopular candidate, faces a balancing act to attract both the far-right and centrist voters to retain his presidency. His weak performance has spooked investors who are already nervous about the European government’s ability to service their debts leading to the French stocks and bonds to dip lower.

UK-French nuke related deal raises few eyebrows but many questions

Earlier today, Britain’s Prime Minister David Cameron and French President Nicolas Sarkozy made agreements for sanctioning of an investment of £60bn into a nuclear treaty that would tie the two countries in exchange of cooperation for building nuclear plants in Britain. The agreement will be executed with British and French companies signing further sub-agreements towards work on new nuclear facilities in Britain with French expertise helping render British power situation healthier than it currently is. The country premiers also addressed the media through a joint press conference in which many subjects were touched like Iran’s nuclear program, Syrian unrest, Sarkozy’s campaign trails and Cameron’s decision to leave the eurozone talks last December etc.

With the talk underway news about Rolls Royce signing a £400m deal emerged. The company will sign the deal with the French energy giant Avera to supply EPR services to the first of the planned nuclear sites that will be situated near Somerset in UK. News about similar such deals has and will continue to emerge between various important companies of both countries whilst many citizens especially in UK’s Scotland area vehemently oppose nuclear. Both countries ironically also debated the Iranian situation which did not seem to be puzzling in context to either leader despite the fact the Iran’s denial to nuclear was being discussed and debated by them when they themselves were signing nuclear treaties among themselves.


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