did the only con variant originate in animals who humans when the micron variant hit seemingly out of nowhere at the end of last year? it, it took experts off guard and in a number of ways, one of the biggest surprises was how very dear friend, the new variant, was from earlier variance that had dominated the covey landscape. alma crohn sported dozens of genetic mutations compared to the original virus and, and genetic sequencing reveals that it hadn't really descended from its predecessor delta, which was what you would have expected. but instead, seem to have evolved somewhere somehow in secret, possibly for more than a year. before exploding on to the scene at the end of 2021. so where did all the viral evolution that led to alma kron take place? spoiler alert, we don't really know, but there are 3 hypothetical scenarios that experts take seriously. i'm to involve evolution in humans. the 1st postulates that a micron evolved somewhere remote where, where little surveillance was going on in an area where authorities had no idea how many people were getting ill from the virus and, an

jonah hall al jazeera paris and microns closest allies in the cabinet are hoping for reelection. while the members of the council of ministers had favorable results in the 1st round of voting and likely to pass through the 2nd 3 ministers are facing. and to have a challenge if they lose their seats in the national assembly, they'll also lose their cabinet posts. james shields is a professor of french politics at university of warrick. he describes the growing voter apathy in france. this is a paradox of these 2 closely aligned elections in the presidential election, michael was on the ramparts, seeing that the french voters had to some note to, to, to, to, to block the extreme right. now he's on the ramparts, saying that the french voters must have known to block the extreme left. what the reflection is the effect that 5 years of micron and power has half hard on the political landscape. we know i central block a far right last fall left look and almost nothing in between. the electro calendar has been the same for the last 20 years and it's only now that we are seeing these reco

but as for president, micron of france has stated and as we've seen from other a u. s. session processes, it is a very long process and this is something that is not going to happen overnight. that's something that wasn't on the line. the european commission tape will have been pains to get across to president salenti and i'm sure president zalinski also understands that. but this is a very important 1st step, and it is looking like the commission will rec men that baby grants is candidacy status and then it needs to go and be voted on by 27 members. therefore, amid therefore triggering a very, very lengthy process that could take indeed years or decades dw rebecca readers for us in key of rebecca, thank you so much. now look at some other developments in the war. russian forces occupying southern ukraine have begun handing out passports. 23 locals, including the new moscow, installed governor of san have accepted russian citizenship. russia has also opened a passport office and many topple in a region still partly held by ukraine. former mcdonald's restaurants and r

that's according to early projections . manual microns party is projected to receive up to 305 seats in the national assembly, a number below that necessary for unconditional leadership. the far left lead nips alliance is expected to take 2nd place. following by the far right, national rally, it's the 1st time in decades that a president has it been unable to gain a parliamentary majority microns office beliefs? the situation is hazardous and has promised to act, says swan this evening you the situation is unprecedented. never before has the national assembly experienced as such a configuration under the 5th republic. your. this situation constitutes a risk for our country. we will work to build a majority for action close. did you think in april micron one, his 2nd presidential mandate winning a run off against marine the pen by 18 percent of the votes? however, his rule could now be significantly compromised. forcing him to form alliances in parliament to promote legislation. meters of minority parties have promised to oppose the president whose 1st term and power they see as a fai

the 1st postulates that a micron evolved somewhere remote where, where little surveillance was going on in an area where authorities had no idea how many people were getting ill from the virus and, and didn't have the technology to track which variance were making, who sick? that's certainly possible, i'm a 2nd hypothesis postulates that are microns radical evolution might have happened within a single individual. so someone who was maybe seriously immunocompromised, to caught source covey to then had it for months because their immune system was unable to fight it off. and over that period, viruses inside their body reproduced, generation after generation of a lineage that steadily accumulated more and more mutations until the honor chron variant arose. the 3rd possibility, which could account for all microns surprise appearance is that it didn't involve in humans at all. i'm not at viruses like sars, coby to jump to us from animals in what we call spill over events, but we can also give them back to other species and what's termed spill back. um, we know, for example, that menke an

the 1st round showed micron, centrist coalition, just to head in a tight race with newly formed left wing alliance. that joe hall repulsed now from paris. it is a parliamentary election that will define the limits of a manual macros power to enact reforms in his 2nd term as president, amid economic crisis at home. and on the international stage. going to switch to the vote was with my hope is to have a large majority for the presidential party. so bills and reforms that are needed can be voted through calmly. it's something that would be very difficult in a divided assembly. but microns centrist majority is at risk after a strong challenge by a left wing coalition, under jean luc, manage on that look set to become the country's main opposition. at a time of economic and social crisis, people want decisive government. they want answers. what happens if they don't get more people on the street more demonstrations, more he, these are like, crisis. i will say it's probably a legitimacy crisis that can lead to more social movements, for example. so that will be the real crisis on the stre

our microns pacific vaccines did do better against our micron than older ones did, but not really significantly better. and if they're not significantly better, then it'll be a lot harder to convince people that they need. and i'm a chron booster. and if people aren't convinced that they really need them, then they just won't get them. which of course lowers a pharmaceutical companies incentive to produce them. materna now wants to provide what's called a bi vaillant booster this fall, which is a mix of its old vaccine against the original virus and a new i'm a chron specific one, pfizer and by on tag also just announced results with an army chron update vaccine, that look, quite positive, but healthcare authorities are still looking at all that data. this issue really boils down to how health care authorities define the goals of vaccination. are they to prevent infection completely, but maybe only for a short time? or are they to build up more long term protection, but only against serious disease or hospitalization or death? because so far, at least existing vaccines appear to still be doing

could micron' earnings being a barometer for the rest of the group? we'll look at that next.mplex supply chain to satisfy cravings from tokyo to toledo? so you partner with ibm consulting to bring together data and workflows so that every driver and merchandiser can serve up jalapeño, sesame, and chocolate-covered goodness with real-time, data-driven precision. let's create supply chains that have an appetite for performance. ibm. let's create. >>> welcome back to "power lunch. in life if you have low expectations, you're less likely to be disappointed that seems to be investors' thinking in tech can micron live up to lower expectations kristina partsinevelos is joining us now. >> i hope i'm not setting the expectation low and that's why you brought me in. no, chip makers have fallen out of favor on pace for their worst month and micron is no different. its having its worst first half of the year since 1970 the stock is already down 40% year to date and that's why the latest earnings could give investors further sign that the memory chip market is starting to weaken. we have

the bottom line on al jazeera ah voting for france's next parliament president, manuel microns coalition faces a tough challenge from a left wing bloke. lead by joan duke melon sho ah, hello, hello raman, you are watching. i'll just alive my headquarters here in doha. coming up in the next 30 minutes, china found to fight to the end to prevent taiwan independence accusing the us, the whole thing, asian country to choose sides also running out of fuels for lanka now, just a weekly ration to address shortages that have led to nationwide protests, nearly half a 1000000 people play ukraine's walkable dover. but is the former soviet state also and a threat. its prime minister speaks to us here, and i was just there. ah . but there's some breaking news coming out of the us, or a bipartisan group of senators of agreed on a framework for new gun control laws in the wake of a series of mass shootings if passed, it would be the most significant legislation on gun control in decades rolls jordan, his life for us in washington d. c. rods, do he have more idea about the detail in this document? well,

at every turn. 5 years ago, the manual micron completed a clean sweep of power with his centrist winning the parliament as well. his 2nd term as president could turn out rather differently. jona whole al jazeera paris. well, lots to play for sure. natasha butler is live for us in paris and how is the election voting gangway you are good tennis while the turn out by estimates are actually is actually pretty low about 53 percent of people have decided not to call that balance from. i mean, it's been very quiet indeed here at the polling station and look, it really reflects something we expected in this campaign because based vote for the parliamentary elections has taken place less than 2 months of the presidential campaign. there is a real friend, was election 15. karen fraud is not an election but really captured people's imagination. either. there are more than 6000 candidates or multiple policies, and it's very localized indeed. and that's why many people simply not come out to vote. there's also just been a sentence is really been a trend in election the frog in recent years, which ma

we are reporting on micron.he details on the outlook, writ which is really lower. >> christina. >> is in reverse course a little bit in the past hour. this is in the site getting down 22%. you have the regular supply chain inflation, all headwind mentions on the call, but the company did say covered controls in china hurt their outsourcing and assembly business. china revenue is down 33%, and that caused a 10% drop in consolidated companywide revenue. that is having an impact on their q4 guidance. now for the business channel. the company data center, auto to support dram as well as memory chant cells, both of those categories are already showing signs of weakness. the comments right now are adding to concerns that system and is slowly starting to dry up, and the customer inventories are bloated. micron ceo predicts the customers will adjust their inventory levels in the second half this year. speaking of demand, the company is forecasting pc units will drop 10% over the year, and project smartphone unit value t

this micron is all old viruses. it's plasma people vaccinated with our vaccine, satellite. well , what we are talking about applies to all vaccines, absolutely everyone has them. some differences. they 'll tell them to go. yes, look, the vaccination was done against the original headquarters of vaccines absolutely elf and it worked well, it worked perfectly against alpha and gamma and even the virus and killed this virus very well, which protected us. from mortal danger from cytokine storm from severe consequences. i will just emphasize that we are now telling you the results of the work, performed in russia published in russia, this work is devoted to how the activity of the plasma of the vaccinated has changed, the vaccinated has antibodies against these coronavirus spikes. here these here such times, yes. so, that means antibodies. there are they against the spikes of the first wuhan headquarters, but the vaccine protected both from the wuhan headquarters and adele from the gamut from all the stamps, and this is

and just recently, the french president micron called for fresh talks between moscow and he of, let's listening to what he had to say based on at some point when we will of help the resistance as much as possible. when i hope you crane will have one that, especially when the fighting will have died down, we will have to negotiate the ukrainian president and his officials will have to negotiate with russia. and we, europeans will be around that table closer. douglas. right, so that has been a recurring sentiment on the part of the french leader that ukraine and russia will have to talk benjamin. do you anticipate that this is what they're going to be discussing with ukrainian president? what amir zalesky, when they, if they do visit him in here, it will definitely will be one of the big topics on the agenda is not just the french president, but also the german chancellor who try to maintain the content both to moscow and also to keep they have regular phone calls with russian president vladimir putin as well, where they, the ukranian president, viola, democracy, lensky. but both have s

but as for president, micron of france has stated, and as we've seen from other a u. s. session processes eighty's a very long process. and this is something that is not going to happen overnight. that something that isn't on the line. the european commission shape will have been pains to get across to president salenti and i'm sure president zalinski also understands that, but this is a very important 1st step and it is looking like the commission will rec men that they be granted candidacy status. and then it needs to go and be voted on by 27 members. therefore, therefore triggering a very, very lengthy process that could take indeed years or decades dw rebecca readers for us in key of rebecca, thank you so much. a german media outlet is reporting that chance are all of shoals plans to travel to ukraine's capital key of before the end of june. the big newspaper says that the chancellor will visit together with french president amount of my crohn and italian prime minister. mario dragging. this would mark the 1st time that shoals has visited the ukranian capital sinc

so if a mr micron, trying to get some alliances on the left. well, only some of these groups which will not necessarily come together as one coalition we'd be accepting in the 2nd. so let me, let me just jump in that. let me just jump and i, mr. albano. because obviously this is the intricacies of the political holes trading that you're talking about. now we then have to discuss, i suppose, really the fragmented policy. because if he is whole striding and he's not to go, he's of mccoy. gonna have to give and take when it comes to policy and what you can push forward. where do you think the problems are going to arise in terms of a that you might say the gulf between those political full trains of thought? is it going to be over employment rights? is it going to be, or of a foreign policy, or the relationship with the e u? i think all those issues would be at the center of his effort to find a new balance mister macro. when he entering to the political space in france in 2017 said he didn't belong to the left. he didn't belong to the right. but

micron itself is down 40%.you are seeing demand enclosing and consumer as we said, the key thing we want to watch is what's happening on their business side, industrial and autos in the enterprise space but the stock is at 5.5 pe on next year's earnings and typically trades 8 to 12 they have $6 million in cash book value which they sushlly don't trade on book value. the stock is around 55, increasing 50 bucks every quarter. valuation is dirt cheap. price targets coming in, but you are still seeing significant upside from here and very little downside i think the stock is pricing in a lot of bad news and the slowdown that we're all talking about what's happening in general. >> it does feel to me, barbara, as if there's a lot of weight resting on the hyperscalers. i mean the largest cloud providers. amazon, microsoft, google. the idea that they're going to keep their capital budgets high when it comes to buying chips for their data centers, that's going to be something that i'm watching for out of my crop's earni

we force emanuel micron to make machine prime minister . and essentially, what a great or microns reform agenda is, attempts to liberalize the economy further and to increase the retirement age now are shown alliance, in contrast, wants to decrease retirement, make it at 60 years old, wants to increase the minimum wage is to go to a $1400.00 euros a month, it wants to freeze. basic price is a basic and goods in the short term, as well as the price of gas and petrol and mileage on even wants to withdraw. france from nato or radical agenda. but a former socialist president francois the said makes this grouping intellectual. so a bit of a disruptor in chief, can me pull it off with close, but not quite close enough? according to the poll, the latest polls give microns centrist alliance, the largest grouping and power like it looks like they could lose their majority. that, that, that what might been microns grouping might look to other conservative parties in parliament to help them form and aligns the system in france makes it hard for challe

night for them really losing a 100 seats in the parliament and the absolute majority that allowed micron dissenters to govern with a free hand. over the past 5 years, the narrative is all an arrogant president reelected just 2 months ago. who neglected his electorate, who barely bothered to campaign night of the election. and who has been brought low by this new coalition of the left and the far left under the mileage on. now, the official opposition determined to what his plans to reform the pension and welfare systems. it means that in order to have any chance of governing, effectively macro will need to find new alliances in the parliament. he will turn in potentially protracted negotiations, almost immediately store to the traditional right lead republican with him. he's worked before they won just 61 seats, the full political force now, but not as easy as it sounds already. a number of them have said they are not interested, you know, hook up with the ruling party. and so it leaves mister micron and his centrist, staring down the potential nightmare scenario of 5 years of protracted

the final round of parliamentary elections in france. president manuel microns coalition hopes to hold off a challenge from a new leftist block. ah, hello to her robin. you're watching out there alive. my headquarters here in doha, coming up in the next 30 minutes bangladesh. it's facing it's worth flooding in more than a century, dozens have been killed, and millions are affected. expanding its cobit 19 vaccination campaign, the u. s. gives the green light for infants as younger, 6 months to get the job. and why mount everest base camp is melting underneath sleeping mountaineers, and what's been done about it. welcome to the program. voting is underway in france in the 2nd round of parliamentary elections which could decide the future of president manuel, mac crohn's reform agenda. the 1st round showed macro centrist coalition, coming out just to head in a tight race with a newly formed left wing alliance, the president will lead a majority to push through his plans to raise the retirement age and reduce taxes. joan hall is monitoring events for smart side, the polling station in pari

if they were, we would not be in the situation, but 2 microns trying to maintain a relationship. and that's important. so you still need to have that. you still need to maintain a dialogue, rushes to important. they're too important from us, from the political geopolitical perspective. on the supply chain perspective, from the energy, the food perspective, they are a critical country that to the world and how it divides and you need to maintain that relationship. and whether you disagree with met at all or not. when the, when the conflict ceases, you need to be engaged with them. and it's very important for the world in general . so things that micro might be having his eyes on a, on a post conflict world. but he does also do the theme in a rush to follow some of his counterpart by boys johnson just didn't. you don't live on the line. you've already visited ukraine. why do you think that is? he was obviously part of the shuttle diplomacy efforts before the war started in february. i'm not sure why perhaps that perhaps it's a reason one the visit to your crane. i think it's kind o

keep moving forward. microns, centrist ensemble coalition faces a strong challenge from a fall after lines built by zone. luke melon show me if the leftists greens and communists do well, they could block much of microns agenda, making france, as one analyst pointed out ungovernable. the country's ungovernable. if you have a weak majority, that does not mean that you can run the country and you very well have in the next month. a huge uprise of people saying, well, we are not happy with the president's decisions. we do not consider that the n piece can solve a problem. so where can we solve it? and you can have this st. let's say st. democracy, france has a strong tradition of st. protest like the yellow vests that made microns 1st term, so uncomfortable with their demands for economic justice and political reform. this election could provoke similar scenes. the left is coalition has its own ideas about how to deal with frances cost of living crisis, soaring inflation that alone you policy and the war in ukraine. it is entirely possible that in the new parliament, the centrists could

and so that possibility is that rather like the ga, ga protest during microns 1st to that during his 2nd. again, people may choose to take their problems to the streets. i'm joan hope for inside story. ah, so let's bring it. our guests from paris were joined by political analyst. i made credit in london is sir philip malia who is a professor of french and european politics at university college, london. and from sandtown there fabrics, party, a ceo of rasmussen, global a political consultancy gentlemen. welcome to inside story. let's start with you than that. i'm it. what do you make of this election results? was this election? as some french newspapers have said, a political earthquake, to what extent does to make up now of the national assembly, make france ungovernable for the next 5 years. what it is, i'm book ungovernable for the french bins. and the current fence you monday when micro, i believe it's a huge victory for the left east and the other small g, which is the far right 1000000 loop in the last more than $100.00 seats in the french parliament. so i believe it's a victor

it has been for a manual micron and his centuries coalition ensemble who have lost a 100 seats in the assembly. and the absolute majority that they had for 5 years that had allowed them to govern more or less with a free hand, that the narrative, not just of the last as you were here to get there. but in the media as well is often an arrogant president reelected just 2 months ago, who neglected his power base, took them for granted. barely came out and camp campaigned ahead of this election and has been brought low by this new coalition of the left and the fall left on the new melon. john determined to stand in his way and thought his plans to reform the pension system and the the benefit system. now of course, the official opposition of the country. what it means for macro and the centrist is that in order to govern effectively in any, they've got to form alliances now in the parliament. and that will mean negotiations, they will likely turn immediately to the traditional right. let republicans with whom they've worked before the right winning, just 61 seats they've. they have a vast

how might they thwart microns reform agenda? well, what we're going to see is now a much more fragmented national assembly, fragmented french parliament, that in many ways you might argue better reflects the makeup of the french political landscape. marine the pen for the right policy, causing something of a stir this evening in france. because it will now have at least probably 10 times more m p 's and has ever had in the past and had in 2017 is going to give it a much more significant voice in the parliament. the new left wing alliance that was created by the far less leaders all in the loop and also has done very well indeed as an alliance or communist socialist greens. and of course, the far less policy. so those big blogs than the parliament rope is he going to want to have their say they are both united on one thing and that is that they are both very much opposed to the french president, the manual micro and that has been part of their success if you live, because in fact, the actual personality, the man himself manual mi

of course, the possibility exists of emanuel microns, centrist, losing their majority. the likelihood exists that they will be a leftist coalition, representing the main opposition in this country. back to una, yup. is going, imagining they were in france or journal. thanks to that from time big in june, his year protests as a back on the streets repose. the president's plans for constitutional referendum next month at this is the same. now live in tunis. the opposition saying that guy said, is trying to tightened his grip on power and threatening to boycott the book. and so i did, oh, parliament misuse, executive power. last year he also sat dozens of judges that led to them calling a national strike. now in its 3rd week, let's speak mountain sierra vocal when he joins us from the capital in june. it's so lisa, the demonstrations continue. how are we expecting things to pan out the day goes all i think today will be another sort of kind of business as usual. these protests have been going on pretty much on a monthly basis since italy's sides power grab. so hopefully th

in france, president emanuel microns alliance has lost an absolute majority in parliamentary elections. that's according to early estimates projection started coming after the polls closed. as counseling continues across the country, early result show microns allies still emerging as the biggest party in the new national assembly. but without the needed absolute majority of 289 seats, the french president is expected to face challenges in pushing his reform agenda forward. his main rivals, a new laughter with alliance that by john luke well shall fall short of 200 seats according to early estimates. well, i spoke to the japanese lisa lewis in paris and she explained what the loss of an absolute majority in parliament now means form a crown. while i'm on my home, we'll have to change his policies. really, it is quite certain that certain of a sudden reforms that he is planning, such as for example, pushing up the retirement age from 62 to 6465 will be very difficult to get through parliament. he will have to compose with other forces on the left and on the right . and if he wants to for

but now he could struggle to get his policies through parliament microns, health and environment. minutes is also projected to lose their seats out. there is, is asher butler is following the story for us from paris. what we're saying is i, these projected results are anything to go by is a lot more, a fragmented parliament to hedge. president mackerel has the biggest party in the parliament, his centrist or lions, but he doesn't have a majority. so what he's going to have to do, of course, is look around and see what alliances he can build. yes, big gains a for the new left doing alliance of greens, socialists, communists and the far left they were projected to do well in this election they would be pleased, although of course, they didn't themselves again a majority and became also for the fall. right. and at the conservative, well, the far right even marine la pan has promised a strong opposition off to her party fed better than expected with them or does that long think also let go? i louise on plus at the end of this long electro sequence. the people have spoken, overcoming the obsta

had to the polls and parliamentary elections seen as critical to the success of president emanuel microns 2nd term agenda. that's interest. presidents, absolute majority is at stake with polls predicting a strong challenge from a left wing alliance opposed to many of microns policies. china's defense, vanessa waving her, has warned that any attempt to bring about ty, one's independence will trigger a fight to the end. he spoke on a regional security form and singapore general way accused the united states of pursuing an indo pacific strategy bound to lead to confrontation. he said, china's relationship with the us was that a critical juncture at that. it was up to washington to improve tice to literacy at asia's most important security summit in singapore, a threat of war interpreters as a very good start. we want to know if anyone dares to spit taiwan from china. the chinese military will fight at all costs a smash, any secessionist attempt with you, and will resolutely safeguard national sovereignty and territorial integrity without from dr. coding to under that warning followed amazing

in dough all coming up in the next 60 minutes. voting for francis next parliament president monro microns. coalition base is a tough challenge from a left wing blog, lead by joan duke mellon, short legal demolitions or collective punishment. indian authorities bulldoze the properties of several muslims who demonstrated against the governing b. j. p. running out of fuels for lang, pronounced as a weekly ration to address shortages that have led to nationwide protests and nearly half a 1000000 people flee ukraine's war for moldova. but is the former soviet state also and the threat it's prime minister joins us live on the program. and later in sport, who hear from the australian and peruvian coaches ahead of the crunch, woke up playoff and informing the one that will champion next the stuff and extends his lead in the standings of the claiming b as a b john grown pre ah welcome to the news our voters in france, so choosing that new parliament in an election that could determine if president man will not crawl will succeed in pushing through reforms. maxwell's coalition holds the majority of

micron shares also falling sharply.ler downdpgrading it from underweight to neutral amid concerns about the broader economy. kristina partsinevelos joins us with more. could this be a start of a down cycle in what's always a very cyclical industry? >> i also womaant to echo steve. we are seeing a decrease in hand sets and pcs during covid a lot of us upgraded our electronics what we're seeing different this time is the price for the memory chips in these handsets have dropped. given micron has almost 50% exposure to the end consumer market, of course they're going to take a hit. the second part of that equation is supply chain problems are easing f foxconn recently said their supply chains are starting to improve and so this bodes well for all of those smartphone makers and the chips that go into the smartphones lastly, the third part of all of this in the medium term, the excessive buildup of inventory, specifically within the auto sector micron is exposed. you have many automakers saying things are improving and this

so what does this all tell us about vaccinating against our micron? is it effective? so very much so still, i mean it protects against this is we're talking about booster if you're boosted with an m r and a vaccine you're between 50 and 70 percent protected against symptomatic infection of m a crohn. but i think the fear is that armor chronic could evolve to become a more dangerous variant. and it could evolve to evade vaccine community and not something that vaccine manufacturers really have to bear in mind. you know, of vaccines capability to protect us against the dominant varian is one of the main ways we can sort of shape the future of the pandemic. so that's something that vaccine manufacturers need to be mindful of, and we need to be mindful of that. the pandemic isn't over bad. demick isn't over a concluding question for you. in a few words. we're always in the pandemic right now. well, we're really saying the case is rising in germany as your report mentioned, also in the k. and even so, even though we've had high natural levels of infections in those populat

now, lisa, does a micron have to govern in this situation? for the next 5 years? he has a choice between trying to govern, or he can also actually solve the national assembly. now, there is a discussion on going between constitutional experts. if he has to wait a year or a k, he can actually solve the national assembly right away. but to solving it also bears the risk that at the result might actually even be worse for him. so he might in the 1st place, and that's what i'm hearing here. try to find a solution with the current result. possibly form a governing block with the center right party the center, right? partially because it's going to split a regarding this question, but i think the government is trying to find a solution to set up a stable majority. nonetheless, in parliament, in the coming days. lisa, are we going to see any change, of course, with regards to foreign affairs, foreign policies actually normally at the president's domain, he can decide by himself unless a law is needed. and that is the case if he, for example, wants to change treaties, tre

might— thinks it is portugal, and micron might fall— thinks it is portugal, and micron might fall intoe, and it has become more difficult without a majority — become more difficult without a ma'ori . ., , become more difficult without a ma'ori . . , ., majority. call ins, on james's point about the wave _ majority. call ins, on james's point about the wave of _ majority. call ins, on james's point about the wave of populism, - majority. call ins, on james's point about the wave of populism, in - about the wave of populism, in hindsight do you think people should not have found it unsurprising that marine le pen made the projected gain that she has? —— geri, and james' point about the wave of populism. i james' point about the wave of -o - ulism. ~ james' point about the wave of --oulism. ,, ., , james' point about the wave of --oulism. ,, . , , ., , james' point about the wave of --oulism. ,, . ,, ., , , populism. i think what this shows is that these cost _ populism. i think what this shows is that these cost of _ populism. i think what this shows is that these cost of living _ populi

but as for president micron, france has stated and as we've seen from other a u. s. session processes eighty's a very long process. and this is something that is not going to happen overnight. that something that isn't on the line. the european commission tape will have been pains to get across to president salenti and i'm still president. zalinski also understands that, but this is a very important 1st step, and it is looking like the commission will recommend that they be granted candidacy status and then it needs to go and be voted on by 27 members. therefore, therefore, triggering a very, very lengthy process that could take in years or decades. d w rebecca readers for us in key of rebecca, thank you so much. let's turn our attention now to franz, where voters are heading to the polls again. this time to choose lawmakers in parliamentary elections. the 1st of 2 rounds takes place to day, whole show that president amount on leg crone centrist alliance is neck and neck with a new coalition of left parties, led by john movement on shore. losing the majority here

but as for president, micron of france has stated and as we've seen from other a u. s. session processes eighty's a very long process. and this is something that is not going to happen overnight. that's something that isn't on the line. and the european commission shape will have been pains to get across to president salenti and i'm still president. zelinski also understands that, but this is a very important 1st step and it is looking like the commission will rec men that baby grants is candidacy status and then it needs to go and be voided, owned by 27 members. therefore, amid therefore triggering a very, very lengthy process that could take indeed years or decades. d w is rebecca readers for us in key of rebecca, thank you so much. was going to check now some other news making headlines. this our forum, mcdonald's restaurants in russia, have reopened under a new name and logo delicious, full stop. but not all russians are happy about the change. the opening ceremony and moscow was disrupted by a protester holding up assigned, demanding the return of the big mack b

someone is betting on a pretty big turn around for micron. >> thank you for that. tony zang.sure to tune in for the full show. friday. coming up is the devil in the details? bed, bath and carnival both sinking in today's session. one may be in more trouble than the other. the fine print is next. >>> and a new bet from jim -- the growing competition coming for one grouofp stocks. more on that when fast money returns. lemons, lemons, lemons. the world is so full of lemons. when you become an expedia member, you can instantly start saving on your travels. so you can go and see all those lemons, for less. >>> bed bath and beyond falling more than 23% after a ceo switch up. carnival sinking more than 14% after the stocks could go to zero in a worst case situation. are both names in dire straits? it's time for a fireman's fine print. >> i think that any time we have something as dramatic as this i look at the debt. bed, bath and beyond have you have to look at the debt. the three and three quarter notes due august 24st. those are coming up in two years. it's a little bit worse than

by other parties or leaders of the far left on the far right say they're determined to complicate microns legislative agenda. did you know she just, jo, it's a totally unexpected situation. absolutely unheard of. the collapse of the presidential party is total, and no majority is presented. we have achieved the political objectives that we had said ourselves in less than a month to bring down the one who with such arrogance, had twisted the arm of the whole country who had been elected without knowing what for. oh, suppose could someone come to the acquisition? i think that everyone considers that this is a victory for the last ambler man as united were entering the assembly with a very powerful group of and peace with the 1st opposition party ahead of left hans and semi's. and consequently, we're going to be able to work as an opposition group, as i had requested from the french people, we will operate with full power, with all the means that are granted by the constitution in opposition group, which is the 1st one in the assembly. we'll began our discussion in just a moment, but 1st joa

and it comes after a bruising and humbling night for emmanuel micron and his centrist ensemble coalition lost a 100 of their seats in the parliament and their absolute majority that they'd enjoy the course for the pop 5 years, giving them more or less a free hand to govern the narrative, resolve, and arrogant president reelected just 2 months ago. who took his electorate for granted to bailey, came out to campaign ahead of this election and has been taken down by a new coalition of the left and the far left on those all local men. show now that countries official opposition determined just the wat macro and plans to reform the pension and welfare systems. what it means for the centuries now is that in order to have any chance of governing effectively, they've got to find new alliances inside the parliament. it's thought they will turn in negotiations almost immediately to the traditional right. the republic out whom they've done business with before they won just 61 seats. now the 4th force in parliament here. not as easy as it sounds, given that a number of rubric rep rippled we can dep

it is talk me through how devastating this is for president micron.— is for president micron.'s a really important point that france does not have that culture of correlation bills if you look at countries like germany or the netherlands or italy, they may not always work out but at least these countries are used to forming collations to finding compromises to working together across the political divide. it is really not the case with france where the last 20 years every single president has been given a majority in parliament. so we are looking at it feels like uncharted territory here in paris. with a lot of meetings, crisis meetings going on behind closed doors trying to work out how on earth he is going to govern with this minority. some are sa int govern with this minority. some are saying president — govern with this minority. some are saying president micron _ govern with this minority. some are saying president micron is - govern with this minority. some are saying president micron is pretty . saying president micron is pretty much to blame himself for what has happen

many microns party is projected to receive up to 305 seats in the national assembly, a number below that necessary for unconditional leadership. it is the 1st time in decades that a president has been unable to gain a parliamentary majority. microns office believes that the situation is hazardous and has promised to act a seat, us situated and unprecedented. never before has the national assembly experienced such a configuration under the vent republic. this situation constitutes a risk for our country. we will work to build a majority for action. and wall street journal report ties this division to the crisis and ukraine and the high inflation that followed, placing the blame on russia gas prices. now the addition also predicts that the same voting challenges might await germany and italy both due to hold elections within the year. earlier we spoke with your asia center executive, vice president rasmussen who believes that reducing confidence in government is due to anti rush of sanctions. backlash and negligence towards the population. i think it was lithuania or a sonia. i had a turno

in the 1st round of france's legislative elections, projections suggest microns. paddy should win more st, but could lose its overall majority. as natasha butler reports, he faces competition from a left wing alliance led by john luke mellon, shaun the french president looked relaxed as he voted in the coastal resort of little k. but emmanuel, my call face is a challenging week after the 1st round of frances parliamentary elections. he sent tristan lions, his own track to windlow seats, but not necessarily the majority. he needs to push ahead with his reformer, gender, who some the 3rd, 4th for a judge. we are the only political movement and a position to win a majority in the national assembly. we have one week before us to rally our forces one week to persuade one week to win a strong and clear majority. only such a strong and clear majority will enable us to respond to the urgent issues which affect the daily lives of french people. a clever, a new left wing block that includes greens, communists and socialists created by far left leadership. incremental shaw has emerged as the main

but perhaps most crucially, this election will define the limits of a manual microns power in his 2nd term as president to enact reforms in the face of an economic crisis here at home and a crisis on the international stage as well. let me bring in my guest, talk more about this manual deplete from the institute of european perspective. thanks joining us. if emanuel microns, centrist ensemble, coalition lose their majority, and there is every chance they might, how would that affect his ability to carry out his reform agenda? while he uses the election, he loses a parliament. he already has a majority in my notes in the senate of the house. if he was, is the, the in the lower house, national assembly. he cannot do what he is expected to do. that is to govern using law. he will have to be patient to rule by ordinances. and of course, this brings out the question of the democratic legitimacy of this policy. if he loses the majority, he, they very well may be obliged to dissolve the national assembly and called for new elections. you know, in the constitution system, there has to be a pe