{"id":30796,"date":"2020-07-03T21:42:06","date_gmt":"2020-07-03T17:42:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=30796"},"modified":"2020-07-03T21:56:20","modified_gmt":"2020-07-03T17:56:20","slug":"french-president-macron-names-new-pm","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/french-president-macron-names-new-pm\/07\/03\/market-updates\/","title":{"rendered":"French President Macron Names New PM"},"content":{"rendered":"\n<p>Jean Castex will lead a new French government, after being named by President Emmanuel Macron as prime minister.<\/p>\n\n\n\n<p>Macron, who was elected in 2017, promised a cabinet reshuffle in recent days to focus on recovery from the negative economic impacts of the COVID-19 pandemic.<\/p>\n\n\n\n<p>The new Prime Minister of France, Jean Castex, has been working with the French cabinet since April on plans to reopen the economy<\/p>\n\n\n\n<p>The appointment comes after the now-former Prime Minister, Edouard Philippe, saw a surge in popularity that spurred debate about who is really leading the country, according to local media reports.<\/p>\n\n\n\n<p>Castex, a center-right politician, previously served in the government under former President Nicolas Sarkozy.<\/p>\n\n\n\n<p>Data of the June purchasing managers\u2019 index (PMI) for the French services sector showed the first output expansion since February.<\/p>\n\n\n\n<p>The headline seasonally adjusted services PMI index registered 50.7 in June, up from 31.1 in May, according to a report by IHS Markit.<\/p>\n\n\n\n<p>In addition, sentiment towards the 12-month business outlook moved back into the positive territory, with more companies and business activities registering positive output expectations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jean Castex will lead a new French government, after being named by President Emmanuel Macron as prime minister. Macron, who was elected in 2017, promised a cabinet reshuffle in recent days to focus on recovery from the negative economic impacts of the COVID-19 pandemic. The new Prime Minister of France, Jean Castex, has been working &hellip;<\/p>\n","protected":false},"author":10,"featured_media":30797,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,37,36],"tags":[6872,6920],"class_list":["post-30796","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-forex-markets","category-market-updates","tag-eur","tag-france"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=30796"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30796\/revisions"}],"predecessor-version":[{"id":30800,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30796\/revisions\/30800"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30797"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=30796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=30796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=30796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}