Feb 5, 2017

Le Pen begins French campaign with Trumpian tones

AP Photo/Michael Probst, FILE

Marine Le Pen kicked off her bid for French president with a campaign, as the Financial Times says, that hopes to "capitalise on some of the same nationalist forces that swept US President Donald Trump to power last year."

Some of her campaign promises:

  • France will control its borders and protect its national identity from immigration
  • New negotiations with the EU to turn it into a "loose confederation of nations," and if that fails a vote on leaving the EU
  • Lower taxes and higher welfare payments for working class
  • "Intelligent protectionism" including a rejection of trade treaties

Why it might matter: Le Pen is projected to win the first round of voting in April but fall short in the final ballot the next month

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Backed by the Fed, bond investors get bullish

Illustration: Sarah Grillo/Axios

The Fed's massive injections of liquidity have reopened much of the bond market, and after back-to-back weeks in which more than $100 billion flowed out of bond funds, investors have regained their bearings and now see opportunity.

What's happening: But after the hemorrhaging outflows relented last week, bulls may now be sticking their heads out a bit too far. Junk bond funds took in more than $7 billion for the week ended April 1, according to Refinitiv Lipper, setting a new weekly record.

What top CEOs fear telling America about the coronavirus shutdown

Illustration: Eniola Odetunde/Axios

Top CEOs, in private conversations and pleas to President Trump, are warning of economic catastrophe if America doesn't begin planning for a phased return to work as soon as May, corporate leaders tell Axios.

Why it matters: The CEOs say massive numbers of companies, big and small, could go under if business and government don't start urgent talks about ways groups of workers can return.

Health care workers vs. the coronavirus

Photo Illustration: Sarah Grillo/Axios. Photos: ANGELA WEISS/AFP via Getty Images, Bruce Bennett/Getty Images, and Europa Press News/Europa Press via Getty Images

Health care workers are at an especially high risk of catching the coronavirus, because of their prolonged exposure to patients who have it. Making matters worse, the U.S. doesn't have enough of the protective equipment, like masks and gloves, that keeps them safe.

And yet these workers, with loved ones of their own, keep showing up at hospitals across the country, knowing that more Americans than they can possibly care for are depending on them.

Go deeperArrow3 hours ago - Health