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ent stabbing and apparent extremist act is fueling calls among the far right in France to deport more illegal residents in France. Far-right leader Marine Le Pen told the BFM-TV news network that the country's authorities need "to expel hundreds of thousands of illegals in France." She said, "We need to retu
gal residents in France. Far-right leader Marine Le Pen told the BFM-TV news network that the country's
ks between authorities there and the European Union over how to make vaccine certificates acceptable as proof of immunity for visitors, will enable the European Commission, the executive branch of the European Union, to recommend a switch in policy that could see trans-Atlantic leisure travel restored." Von der Leyen s
OVERSIGHT_014575 --- PAGE BREAK --- Exhibit 41: European Commission Industrial Confidence Survey Eurozone business s
titative easing through December 2017. Meanwhile, the European Commission has endorsed a moderate fiscal easing of 0.5% of
ak away from the European Union? In France, for example, upcoming elections in May 2017 are likely to pit Francois Fillon of Les Républicains against Marine Le Pen of the far right Front National. Le Pen has promised a referendum on whether France should stay in the European Union, and, should she win, questions
Page: HOUSE_OVERSIGHT_014561 →example, upcoming elections in May 2017 are likely to pit Francois Fillon of Les Républicains against Marine Le Pen of the far right Front National. Le Pen has promised a referendum on whether France should stay in the European Union, and, should she win, questions about the viability of the Eurozone wil
Page: HOUSE_OVERSIGHT_014561 →Investment Strategy
asset class also received a boost last week when the European Commission submitted a proposal for AT1 coupons to be priori
urope, especially France and Germany. Because of the winner takes all system in France we find investors are more concerned with the situation there. Marine Le Pen and the Front National look likely to make it to the second round of voting (again according to polls) and until the vote comes in we suspect investo
Page: HOUSE_OVERSIGHT_014443 →to the second round of voting (again according to polls) and until the vote comes in we suspect investors will be cautious about European markets. A Le Pen victory could likely bring the future of the EU and the Euro into question as she has talked about France withdrawing from both. That in turn has arg
Page: HOUSE_OVERSIGHT_014443 →crucial French elections. A Bankof America Merrill Lynch European Equity Strategy | 01 December 2016 5 HOUSE_OVERSIGHT_014464 --- PAGE BREAK --- Marine Le Pen victory could bring into question both the future of the EU and also the euro, should the polls be close it could make the uncertainty and market mov
Page: HOUSE_OVERSIGHT_014465 →erica 16 European Equity Strategy | 01 December 2016 Merrill Lynch HOUSE_OVERSIGHT_014475 --- PAGE BREAK --- Barty argued in The Trump Inflection, Le Pen’s victory has the potential to be even more of an earthquake for the world’s financial markets. Indeed, we have already seen a 1vol move in April 2017
Page: HOUSE_OVERSIGHT_014476 →ck-up in EU Consumer Confidence should boost Media 0.9 0 0.85 r 0.95 09 °8 -10 0.75 0.85 15 07 08 === Stoxx Media Price relative -20 0.65 0.75 ———European Commission Consumer _5¢ 0.6 Confidence Index 0.7 emmee Stoxx Media-relative to Tech 0.55 -30 0.65 a NS © RS ee ee et ee He Hote Hoe HESOE FPS GF WT SF CF CE
Page: HOUSE_OVERSIGHT_014492 →Entities connected to both Marine Le Pen and the European Commission

Donald Trump
PERSON
Jeffrey Epstein
PERSON
United States
LOCATION
Barack Obama
PERSONMaria Farmer
PERSON
Marc Rich
PERSON
Charlottesville
LOCATION
Middle East
LOCATION
George W. Bush
PERSON
United Kingdom
LOCATION
Bloomberg L.P.
ORGANIZATION
Bill Clinton
PERSON
Paradise
LOCATION
Hillary Clinton
PERSON
Paul Ryan
PERSON
Vladimir Putin
PERSON
Michael Cohen
PERSON
Michael Bloomberg
PERSON
Chile
LOCATION
Yemen
LOCATION