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France gets new leader, Europe new direction
Paris: France handed the presidency Sunday to leftist Francois Hollande, a champion of government stimulus programs who says the state should protect the downtrodden — a victory that could deal a death blow to the drive for austerity that has been the hallmark of Europe in recent years.Mild and affable, the president-elect inherits a country deep in debt and divided over how to integrate immigrants

Sarkozy loses French Prez polls

Paris, May 6 (IBNS) Socialist Party leader Francois Hollande is the next President of France as incumbent Nicolas Sarkozy predictably lost the elections, according to early projections on Sunday.

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Socialists celebrate as French election nears close

France looked set to crown Francois Hollande as its first Socialist president in nearly two decades in an election on Sunday as this paper went to print, marking a swing to the left at the heart of

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France chooses a new president during tough times

Paris: France voted in a presidential run-off election on Sunday that could see Socialist challenger Francois Hollande defeat incumbent Nicolas Sarkozy by capitalizing on public anger over the

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The North Atlantic crisis

In April, the S&P 500, a capitalisation-weighted index of the largest companies listed on the New York Stock Exchange and on Nasdaq, registered its first monthly decline this year. This comes

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Hollande's growth or Sarkozy's austerity?

France President Nicolas Sarkozy’s dream was that his voters would see him as a European leader of great stature, who, along with German Chancellor Angela Merkel, came to their rescue when

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