The French elections June 17 produced a decisive victory for President Francois Hollande's Socialist Party.
There is good news for France's new Socialist Party President, Francois Hollande.
Jean-Luc Melenchon, the Left Front's candidate in the recent presidential elections in France, has announced he will run as a candidate.
Voters rejected political parties that have pushed for austerity, and voted in lawmakers who campaigned for policies of economic stimulus and growth.
The radical Left Front's presidential candidate has gained in opinion polls, a result that would see him take the third spot in the first of the two round vote.
French voters responded positively to the proposal, with recent polls showing a slight uptick in support for Hollande. The prospects of passing such tax-the-rich legislation will depend on parliamentary elections,.
Former IMF head Dominique Strauss-Kahn has been arrested and released again, this time in connection with a prostitution scandal.
France elects a new president on April 22, with a runoff possible on May 6. As this date approaches, it would appear that incumbent president Nicolas Sarkozy is going to have trouble holding on to power.
A general strike called by Portuguese unions against austerity measures imposed by international finance capital practically shut down Portugal last Thursday.
Millions protested at more than 950 demonstrations in 80 countries Saturday, marking a month since the rallies against the global financial system began.