a new candidate in the race, the former economy minister macron. it is not a surprise he has thrown his hat into the ring, but he has made it official. he caught the left wing offguard because his movement is not on the left or right, and it could be a real thorn in the side for the left wing, which has not come up with an obvious candidate in next year's presidential election. 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

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

macron's deregulation laws needed to be forced through.wth remains weak in the eurozone's's second-biggest economy and unemployment hovers above 10%. macron's policies may be popular with businesses and investors. brent: those happen to be a key income source for many of the world's top economies. for years, too little money has been invested in net infrastructure here in germany and that could prove dangerous in the future. a summit is trying to find solutions. reporter: germany wants aimed to lead the world -- once aimed to lead the world in technology. it held its first i.t. summit -- there was talk of a german search engine to rival google, but those goals all seem further away now that in 2006. a look at average connection speeds shows how wide the gap is. south korea leads the world with a bit rate of 29 megabits per second on average. norway and sweden are second and third. germany is way behind in position 25 with a bit rate of 13.9 megabits per second. german networks are improving, but other countries are improving faster. it tak

macron resigned his post in hollande's cabinet earlier this year. he's young. >> young, and it's a crowded field. especially when you look at the republican side and questions over where this leaves french president hollande's whose popularity ratings continue to suffer. i did talk to an investor this week who said he's been here, fund-raising. it will be interesting to see how this one pans out. the person i was speaking to said macron is young, good policies, but others worry he doesn't have the establishment behind him. >> it doesn't have to be a good thing to be young in a political environment. >> but the establishment doesn't always do you favors in this climate. >>> vladimir putin has dismissed econo his economy minister over bribery allegations. he with you charged with accepting a 2 milli$2 million b from rossneft. appearing in court yesterday, he said he was not guilty but it was in his interest to cooperate with the investigation. he is the high est ranking official to be arrested since the 1991 coup. >>> volkswagen is said to have reache

obviously macron is the one to watch.ther the left can unite around him, he doesn't have the party infrastructure on his own. .e can see that trump didn't have a base to start off with. francine: talk to me about trump. he wants to spend $1 trillion. it is unlikely that he will get one trillion. even if he gets 10% of that, what does it mean? between is a big gap what the republican party has been saying as to what they really would be able to get through congress and keep everyone happy. nonetheless, there is no doubt about it. the united states needs a lot of infrastructure. there is a lot of stuff that can be done. it is a question of prioritizing. i think that is what the market is going to focus on. francine: what does it mean for dollar dynamics? it is not clear that it is dollar positive from now on. >> i think it is. it is a question of whether the trump administration starts to make some sense and plots things out in a logical fashion. dynamic ofust the infrastructure. there's overall emphasis on reintegrating th

france, -- in france, foreign minister macron has announced that he will run for election.most popular politician in france. a supreme court judge says the uk may need comprehensive legislation to start the brexit process. and the hell is one of the judges who will hear the -- brenda hale is one of the judges who will hear the case. china may use donald trump's election to exert economic leadership in asia. asia pacific economic cooperation meeting in peru this week. tojinping is expected propose a trade deal that would omit the u.s. donald trump is considering whether to bring in senator ted cruz as attorney general. that is a person familiar with the matter. republicanthe nomination for president. trump has referred to him as "lying ted." global news 24 hours a day, powered by more than 2600 journalists and analysts in more i am taylorntries, riggs. this is bloomberg. tom? tom: thanks so much. breaking news. we saw back up retail reports yesterday. this is different. always to compare and contrast home depot, lowe's. lowe's cuts their forecast. very importantly, they take

. >> could that be arman macron? >> it could be, but it's an uphill struggle for macron, because a lot of people don't like his economic program, think he's too close to the right for comfort, th comfort. he's going to fight hard to do that. >> pierre, thank you so much. pierre briancon, senior correspondent for "politico." louisa, back to you. >> carolyn, thank you so much. we'll see you soon again. carolyn joining us live from the streets of paris. keep it right here. keep your questions coming through. streetsignseurope.cnbc.com. i see the questions popping through already. we have plenty of guests coming up and i would love to incorporate your thoughts and comments to our guests, so keep them coming through. we're also on twitter live, of course, too. you can find the sh show @streetsignscnbc or tweet me @louisa bojesen. it's wonderful to hear from you one way or another. >>> as the dollar weakens and u.s. bond yields slide, is this the beginning of the end for the trump trade? most people say no, but we'll take

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

and whether or not even another candidate could make it through, like emanuel macron. it's still uncertain. what seems to be certain is that marine le pen will make it through to the second round in may. >> italy has had roughly 64 governments in the last 40 years, do you think a constitutional reform, if approved in the referendum, would change that? >> it's interesting. italy has attempted constitutional reforms in the past, most eventually ten years ago under berlusconi, that failed this time it looks interesting. the referendum is about reducing the powers of the italian senate, reducing senators, increasing the lower chambers. along with this referendum, there's an electoral law which has been passed, it's in place, the italian constitutional court will review it, and that law guarantee as majority of 55% of the seats for the party that comes in first place, so long as the party gets more than 40% of the vote. would it create stable government in italy? probably yes. but the problem is right now you have the rise of this party, they are polling behind renzi's part

emanuel macrone has thrown his name into the hat. the former economy minister who quit under president hollande to run as an independent joins a congested list of names vying for the country's top job. alan jupre remains the favorite. maureen le pen is expected to also run. let's talk about more from france. emily mansfield is here. good morning. >> good morning. >> just assuming that not everybody is up to speed on french elections. this is the first time they're holding what is the equivalent of a primary in the u.s. for the center right quequivalent to th republican party, right? this is the first time they're holding open primaries on the center right and center left. so there's more uncertainty than usual. we don't know yet who the main candidates will be for those two big mainstream parties. we have the republican primary later this month, and then the next in january. >> and what are people going to be voting on? what are the main topics that are getting to people? >> the big issues at the moment in france, they've had three m

. ♪ 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

there was one done by justin wolfers, another done by macronic advisers. it and i have done polling for months now, that people in my survey who are the same people who support mitt romney are not supporting donald trump? why could you not close the deep with those? have you self reflected on the economic policies and the candidate that has made it elusive for you? >> there are really two questions there. how are investors going to bet. if donald trump gets elected or when he will tomorrow if there is a market dip that will be the greatest buying opportunity of all time. at the end of the day i keep coming back to first principles cht what are stock prices? an expectation of future stream of earnings. if you have growth you have higher corporate earnings. the stuff i have done you look at the tax thing alone. if you cut corporate tax from 35% to 15% you get a 30% gain in net earnings. that's unprecedented and then add everything else. i get the nervous nellies or whatever out there. if i'm putting money on the table i'm short hillary clinton. >> now the ce

we've already seen the former -- hey minister, macron quit the government that failed his own party. he may well be running. he will go off to the centrists, and likely there were supporters. many said they would rather vote for him than francois fillon. on the other extreme, you have far leftne from the wing. that will be switching the vote as well. it seems the left-wing is more splintered than ever. genie: thanks for that. luke shrago, reporting from outside the elysee presidential palace. donald trump lashed out at moves for a recount in the election in the state of wisconsin. extraordinary and unsubstantiated claims were made by him of widespread voter fraud. his win saw him fall short of his democratic rival, hillary clinton, in the popular vote by 2.2 million ballots. but he did win the ball and electric or college, which decides the presidency. he also would have won the vote if it were not the "millions who voted illegally in virginia, new hampshire, and california." trump and his aides have offered no evidence backing up those claims. and people in cuba will be revolution s