A TRAIN CRASH ALSO TOOK PLACE IN FRANCE SHORTLY AFTER THE TERROR ATTACK
PARIS ATTACKS:LE PEN ‘S DYNASTY TO PRODUCE NEXT FRENCH
PRESIDENT
BY ABDULMUMINI ADEKU.
……………………………………….U.S ELECTIONS CLOSE TO CALL
……………………………………….JEAN MARIE LE PEN’S FAMILY LIKELY TO PRODUCE
NEXT FRENCH PRESIDENT
……………………………………….FRANCOIS HOLLANDE FACES THE BATTLE OF HIS
LIFE IN NEXT POLLS,MAY GET THE NICHOLAS SARKOZY’S TREATMENT
………………………………………….MIGRATION,MILITARY RESPONSE TO TERRORISM BECOMES CAMPAIGN SLOGAN
NOW IN GLOBAL POLITICS
……………………………………….DONALD TRUMP IS A STRONG ADVOCATE OF
ANTI-IMMIGRATION LAWS,HILLARY CLINTON SUPPORTS TOUGH POSITION AGAINST TERRORISM
……………………………………JEAN MARIE LE PEN, GRAND FATHER OF FRENCH
POLITICS AND DAUGHTER ,MARINE ARE THE NEW FACE OF HOPE FOR FRANCE
…………………………………….FRENCH COMMERCE ON ITS KNEES,PARIS STOCK
EXCHANGE WORSE HIT BY WAVE OF DEADLY TRAGEDIES
………………………………………FIERCE RIVALRY WITHIN LE PEN’S DYNASTY MAY BE
THEIR UNDOING
………………………………………RIPPLES OF GREAT EXODUS TO EUROPE TAKES ITS
EFFECTS
……………………………………….CHRISTAIN’S SCIENCE MONITOR’S 2011 MAY 9TH
STATISTICS SHOWS THAT AT LEAST 600,000 MIGRANTS LEFT LIBYA IN THE WAKE OF THE
ARAB SPRING
………………………………………LIBYA ONCE HAD 2.5MILLION MIGRANTS BEFORE
ARAB SPRING
…………………………………….NEW DATA OF MIGRANTS REVEAL RECORD NUMBER OF
NIGERIAN MIGRANTS IN EUROPE
…………………………………….CRISIS IN SYRIA ALSO ADDED TO THE WOES OF
EUROPE ASIDE FROM ARAB SPRING
For well over 40 years,Monsseuir Jean Marie Le Pen was a lone voice in the
political wilderness of not just his native ,France but the entire Europe.
He campaigned very vigorously and never wavered about the
possible effects of what was regarded as a revolt against cultural assimilation
at the time.
He was viewed by many as a blasphemer operating within the
realm of French mainstream politics ,the more he campaigned the more he got
isolated until he became the grandfather of French politics who never made it
beyond forcing a second round once as his dreams to bag the Elysee Palace top
job faded away with old age, unlike Nigeria’s Muhammadu Buhari he refused to
compromise.
Then like a bolt out of the blues ,his campaigns on
anti-immigration became a major talking point on the front burner of French, European
and American mainstream politics.
As if this was not enough, opinion polls started to show a
possible Le Pen’s victory at the polls if a Presidential election was held in
France.
However as at when this happened ,grandfather of French
politics ,jean Marie Le Pen had gone into semi –Retirement at the National Front
he founded about 40 years ago with his daughter ,Marine in charge as Party
leader.
Then father and daughter”s political disagreement started
and ultimately led to both severing ties politically with the elder Le Pen
forming a new political party:Blue-White-Red-Rally.
Analysts are of the opinion that if the Le Pen’s political
machinery close their feuding ranks and are able to settle their differences
between now and the next elections then
current President:Francois Hollande may not have to bother contesting at all as
one of the Le Pen’s may yet still be President of France after the eldest
member of the dynasty:grand father Jen Marie made it to the second round of
balloting in 2002.
In an investigations conducted by the News Office Desk of
Paedia Express Multimedia in Lagos,Nigeria ,a source who does not want his
names in the print lamented what will eventually happen to migrants ,many of
whom were largely innocent over what was happening to Paris,France in recent
times.
He assured that any political party who is ready to embrace
military option and have a lot of belt tightening policies on immigration will
score very high on the agenda of electorates in elections in Europe and America
soon.
He fingered Jean Marie Le Pen as possible winner of the
French Presidency if he decides to contest.
In a related issue,yet another analyst on European Affairs
who did not want herself on print said that it was the mistakes of the past
borne out of greed and colonialism that has led France to the pitiable level it
was at the moment.
She was at a loss as to what will become the fate of several
migrants from nations like Algeria and
other francophone nations who have lived under the French culture of
assimilation for well over a century .
In the same vein ,another source who spoke to this reporter
blamed the west for encouraging banditry in the Middle East so as to oust hate
figures like Gaddaffi and Bashar Al Assad for their own selfish gains as he
insisted on the fact that Syria’s
refusal to do business with the Bretton Woods twins was the latter’s nemesis.
In a related issue, another source who spoke to this
reporter on recent developments in the city of Paris, France as regards
terrorism said that the recent killing of British I.S.I.S member ,simply called
Jihadist John during a drone strike in an I.S.I.S war zone in the Middle East
may have led to a renewed wave of reprisal attacks.
He took a direct dig at British intelligence
services,M15,for there harassment of Jihadist John ,a move which the source argued
led the terror suspect to the waiting arms of his fellow islamists who offered
him protection and succor.
As at press time,France was still taking stock of a fresh
wave of tragedy as a high speed train had an accident which led to the death of
ten people.
Airlines were among the big fallers,
with Air France and British Airways owner IAG down 5% and 3% respectively.
French hotel group Accor lost 5%.
Stock markets in the US, London and
Frankfurt all closed up after recovering from early falls.
But in Paris the Cac 40 index finished down 0.08%.
The price of gold rose 1% as
investors sought the safety of traditional havens.
On Wall Street, all of the three
main indexes eventually ended the day over 1% higher.
"Markets are slowly becoming
more and more immune to these types of events," said ohn Brady, managing
director at R.J.O'Brien & Associates.
'Sign
of resilience'
Many analysts had forecast that
travel and leisure shares would be the big losers on Monday as markets got
their first chance to react to Friday's attacks.
Eurotunnel Group, operator of the
Channel Tunnel rail link, fell 3%. Aeroports de Paris, the operator of Paris'
Charles de Gaulle and Orly airports, was almost 4% lower, while LVMH and
Gucci-owner Kering fell nearly 1%.
Budget airline Easyjet fell about 3%
in early trading, but closed 0.39% down. Ryanair also fell around 3% in the
morning, and closed 1.43% lower.
"In a sign of resilience, there
is no sign of the panicked trading that could have been justifiably expected
from the European indices," noted Spreadex trader Connor Campbell.
The tourism sector accounts for
about 7.5% of French GDP.
"These Paris terrorist attacks
and the larger scale of this attack could have a meaningful negative impact on
the travel and tourism sector," Robert T Lutts, president and chief
investment officer at Cabot Wealth Management, told the Reuters news agency.
"It is possible this could
cause investors to take a bit more cautious stance on the higher-risk sectors
of the markets."
Hidenori Suezawa, financial market
and fiscal analyst at SMBC Nikko Securities, added: "Given that France has
a big tourism industry, there may be some damage to the economy if this leads
to a fall in visitors to France, or in tourism in general after the crash of a
Russian plane."
Oil
prices rise
A decline in tourism in Europe could
also weaken the euro, analysts warned. But the currency held relatively steady
on Monday, and was up 0.019% against the dollar and down 0.55% against sterling.
French air strikes against IS bases
in Syria led to concerns about oil supplies. The price of Brent crude was down 2% to $43.59 a barrel.
But many analysts believe the wider
economic impact of the Paris shootings will be short-lived.
"As horrific as these events
are - and this is truly awful - economic activity does tend to be pretty
resilient. At the end of the day, people have to get on with their lives,"
said Howard Archer, an economist at IHS Global Insight.
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