Skip to content
Search

Latest Stories

What We're Watching

French election: Far right wins first round

​Marine Le Pen, French far-right leader and far-right Rassemblement National (National Rally - RN) party candidate, speaks to journalists after partial results in the first round of the early French parliamentary elections in Henin-Beaumont, France, June 30, 2024.

Marine Le Pen, French far-right leader and far-right Rassemblement National (National Rally - RN) party candidate, speaks to journalists after partial results in the first round of the early French parliamentary elections in Henin-Beaumont, France, June 30, 2024.

REUTERS/Yves Herman

Marine Le Pen’s far-right National Rally won the first round of France's election on Sunday with 33% of the vote, while the young left-wing New Popular Front alliance took around 28%. President Emmanuel Macron’s gambit to capitalize on fear of the far right failed to generate excitement for his Ensemble alliance, which placed third with roughly 21% of the vote.


That said, Le Pen’s party is expected to win between 230 and 280 of the 577 seats in the National Assembly after the second round of voting on July 7. That would put them short of the 289 seats needed for an outright majority, but with enough to make it difficult for either the NFP or Macron’s alliance to form an easy coalition.

Turnout on Sunday was unusually high, around 59%, fully 20 percentage points higher than the contest in 2022. We’re watching how well that interest holds up in round two, as well as whether Macron’s efforts to coordinate with the NFP to deny the RN a majority bear fruit. If they can agree to turn competitive three-way second-round races into likely losses for the RN by strategically withdrawing candidates from certain districts and thereby consolidating anti-RN votes, they may be able to prevent a far-right majority.

The likely result will be a hung parliament, says Eurasia Group’s Mujtaba Rahman, meaning Macron would form a caretaker government with much reduced power. France is now facing the prospect of an enfeebled caretaker government before new elections in 2025, which will leave this G-7 power and UN Security Council permanent member largely rudderless for a year.”

More For You

Sanae Takaichi announces running for presidential election of the LDP

Sanae Takaichi announces running for presidential election of the LDP

Aflo via Reuters
Japan strikes rare earths deal with largest non-Chinese producerAustralian mining giant Lynas will sell rare earths to Japan for 12 years in a major pact meant to chip away at China’s dominance of the global market. The highlight of the deal is that it sets a minimum price of $110 per kilogram of the minerals. That is the same “price floor” that [...]
Pirhossein Kolivand, head of the Iranian Red Crescent Society, stands in front of the Shahran oil depot, which was targeted by US-Israeli strikes, in western Tehran, Iran, on March 8, 2026.

Pirhossein Kolivand, head of the Iranian Red Crescent Society, stands in front of the Shahran oil depot, which was targeted by US-Israeli strikes, on the eighth day of the war in western Tehran, Iran, on March 8, 2026.

Sobhan Farajvan/Pacific Press/Sipa USA
Depot bombing, Strait of Hormuz constraints send oil prices surgingOil prices skyrocketed above $100 per barrel on Monday – nearly hitting $120 at one point – after Israel bombed fuel depots outside Iran’s capital of Tehran and data showed oil production along the Persian Gulf tanking due to the near-closure of the Strait of Hormuz. US President [...]
Cargo ships are unloading newly arrived chemical fertilizers at the port terminal in Lianyungang, East China's Jiangsu province, on February 27, 2024. ​

Cargo ships are unloading newly arrived chemical fertilizers at the port terminal in Lianyungang, East China's Jiangsu province, on February 27, 2024.

(Photo by Costfoto/NurPhoto)
Iran conflict could trigger a food crisisDisruptions to a key Gulf waterway in the Iran conflict aren't just threatening the world’s oil and gas supplies; they could also cause a food security crisis. Roughly a quarter to a third of global raw materials used in fertilizer pass through the Strait of Hormuz. With tanker traffic in the strait largely [...]
​An explosion in Sanandaj, Kurdistan province, Iran, amid the U.S.-Israeli conflict with Iran, in this still image from a social media video released on March 5, 2026.

An explosion in Sanandaj, Kurdistan province, Iran, amid the U.S.-Israeli conflict with Iran, in this still image from a social media video released on March 5, 2026.

Social Media/via REUTERS
Iran conflict hits new frontsTwo Iranian drones hit Azerbaijan, Iran’s northern neighbor, on Thursday, injuring four people and expanding the Iran conflict onto another front. The Azeris, who have a tense relationship with the Islamic Republic over their growing ties to NATO countries, have reportedly deployed troops to the Iranian border, which [...]