so who is emmanuelle macron? until recently he was a member of the socialist government. emmanuel macron grew up in a northern city, the son of two doctors, but his like calling was politics. come from a family of civil servants. i grew up in regional france and when i was 13 or 15, i never there. i would go >> he went to the most prestigious school for civil servants. then began a lucrative career as a banker for rothschilds and 31 -- at 35 he was a millionaire. what he really wanted was a career in politics, and he got when he was presented --president franÇois lond hollande. he became a close confidant and advisor. then, on august 20 6, 2014, he got his big chance. he was named france's new economy minister. >> judge me by my actions and words. >> as minister, he attacked several pillars of french society like the 35 hour work week and the status of civil servants. distanced himself further from his mentor. >> our country no longer believes in the promises that were made. reporter: in april this year he launched his own movement. by august, he was no longer in economy

emmanuel macron could be a real alternative. as given us he a problem for the right as well. is holding the primary this weekend so the timing of his announcement is not at all random. it is completely strategic. it says he is the surprise guest at this weekend's primary. his timing is indeed strategic because he has a free market view of the economy that is usually associated with the right-wing, so he could be an alternative for the right-wing. daily the left-leaning newspaper is keeping a close eye on the far right leader. florence: that's right because h they have been silent in the last couple weeks and months. she is the left and right take up the media space. this is a strategic calculated move. she is say this saying in stealth mode like a sly fox operating in the shadows preparing her commando operations on the election. in editorial, they say she's waiting for the left and right to run out of rep and then poumnce. -- pounce. is waiting on a wave of populist voters that brought brexit and trump. summit is taking place in marrakesh. you can read it here on the cover o

laura: emmanuel macron, who launched his bid for the presidency just last week, has also commented onon -- on fillon's victory. as economy minister earlier this year. here's what he had to say. >> the very deep uncertainties that are structuring -- fracturing the political field. the only conclusion that can be drawn is the withdrawal of nicolas sarkozy. yesterday he spoke with a lot of dignity. we must salute that. he's withdrawn from this contest and, i also believe, from public life. government says a potential terrorist attack targeting multiple sites has been foiled. seven people, including a moroccan national have been arrested, following raids in strasburg and marseille. the interior minister said the arrests were the result of an eight-month investigation. reporter: the interior minister, bernard cazeneuve, said that attacks had been planned for months. >> a counterterrorism operation led by the interior ministry under a traditional mandate took place on saturday night in marseille and strasburg. it enabled the arrest of seven french moroccan and afghan nationals, aged 29 to 3

you have the candidacy of emmanuel macron. he will continue the fight. >> i have decided to continue the fight. for all those who believe in me, in my beliefs and the idea i have a france. i believe more than ever the people of france need to turn the page of a disastrous five years of presidency that has taken our country down, and to set up a roadblock to the national front, who want to sound us -- send us down the worst adventure. sarkozy -- [indiscernible] juppe ares of alain now pretty low and francois fillon is likely to become the nominee. francine: talk us through the electoral system. it is different to any other country. we haven't heard from the left. choosing theirht candidate. how likely is it that he will face marine le pen? this is a very different system than the united states. in this presidential race, at the moment, these republican -- most european bowls show that marine le pen should be in the second run next year, meaning the republican nominee will likely face her in this election next year. francine: th

. ♪ jonathan: after months of speculation in france, emmanuel macron has declared his bid for the presidencya pro-europe liberal. he is ranked number two in popularity among french politicians and will face anti-eu candidates in the french election. for more, we are joined by francine from london. let's talk about what we know about him and whether he can the likes ofn the lives of maron. francine: you nominate people come and go to the polls and candidates. is basically by popular vote. about emmanuel pro-eu,he is a liberal, and he was touted as a socialist that was most business friendly. we are not sure at this point that a socialist that he gets the support of the socialists. he is running against francois hollande and others and with a becomes the most popular socialist, whether he will face off against someone from the right. i know he is popular, but i don't know whether he has the base support among the french left to get up there in the ranks. we have a series of risk-averse and the most immediate one is what happens with the italian referendum. the prime minister made this a de fac

caroline: has this killed the chance of emmanuel macron? is going to polarize the election, left versus right. there is very little space for emanuel marquand. francois fillon the best candidate to face marine le pen next year? bruno: francois fillon will attract the right wing. the right are not going to play in voting marine le pen in the first round. they are going to support francois fillon. in the second round, marine le it could rise up. caroline: thank you very much, bruno. nejra: thanks so much. i want to draw your attention to a chart. we brought it up earlier. it shows that after the u.s. election what happened to the french 10 year yield over comparable german debt. you saw a sharp spike as investors wanted to price in the risk of a wave of populism from trump, moving over to france as well. it came down and we have seen it head up again. this will be important to watch eurourse, as well as the map that our guest was talking about, a real gauge of risk of what is happening in terms of wave populism. matt: maybe that spike means l

in france, emmanuel macron has announced he is running for president in next year's election. a pro e.u. liberal. he is the second most popular politician in france. house republicans are talking with donald trump's transition team about coming up with the biggest overhaul of taxes in three decades. they want to slash rates on businesses and individuals and scrap provisions of the tax code they say american companies added this advantage overseas. global news 24 hours a day, powered by more than 2600 journalists and analysts in more i am taylorntries, riggs. this is bloomberg. tom? francine? tom: it has been interesting to watch the transition in new york, and it is good to see you driving the conversation forward. to the meeting with mr. trump last night at dinner is that the rest of the press was not invited, were that? at a private there dinner. i happened to be there with my editor. but it was a private dinner. he walked in, and you were talking about the dynamic of the room. people give him a standing hands, and itng was cordial and respectful. he was sitting down with hi