Hedge funds bet against eurozone

Latest polls show French President Sarkozy is losing ground to right-wing anti-euro candidate Marine Le Pen in the first round of the France presidential election. Via Google translate, please consider Le Pen and Bayrou Back

Not many people realize this but in spite of polling anywhere between 16% and 22% in recent election polls, Marine Le Pen might not be included on the French presidential ballot. The reason is Le Pen needs 500 signatures by elected official supporting her campaign. Le Pen says she only has 350. I had been aware of this for some time but figured she could scrape up 500 signatures from a pool of 47,000 or so bureaucrats eligible to sign. Perhaps not.

Does it really matter who wins the French presidential election between socialist François Hollande and incumbent president Nicolas Sarkozy? What about the race in the US between President Obama and Mitt Romney? Let's discuss those questions one at at time. Does it Matter if Hollande Beats Sarkozy? In spite of alleged differences, both candidates are in support of Eurobonds, both candidates want immigration controls, both candidates want the ECB to be more proactive, both candidates want to protect French farms from import threats.

~ Frederic Sautet ~

Presidential frontrunner François Hollande will visit London in February to seek votes from French expatriates, but financial district the City will be all ears after the Socialist candidate reportedly “declared war” on the UK finance hub.