After decisive win, Macron to take over on Sunday

France's victorious Macron reminded of huge, immediate challenges | Reuters

France's victorious Macron reminded of huge, immediate challenges | Reuters

"I will fight with all my strength against the divisions that are undermining us", he said.

Macron won the presidency with 66 percent of votes cast for a candidate.

"The high abstention rate, despite the threat of the far-right, is a sign already of dissatisfaction with the new president", it said in an editorial.

However, the former economy minister is in favor of joint bond issuance which, according to Jörg Krämer, would sharply reduce each euro zone government's motivation to pursue sensible fiscal policies. Mr. Macron will face huge challenges as he attempts to enact his domestic agenda of cutting state spending, easing labour laws, boosting education in deprived areas and extending new protections to the self-employed. (Forward!) is tweaking its name as it prepares a list of candidates. At 39, he is the youngest president the Fifth Republic has had, and his new political movement - En Marche! "So there are among us people who come from the left, the center and the right".

En Marche secretary general Richard Ferrand told TF1 television.

Michael Noonan to retire
He said that like any politicians, Mr Kenny had "his highs and lows" but he praised general his performance over two governments. Mr Kenny, who was elected taoiseach in 2011, tendered his resignation in March, but has been acting prime minister since then.

Japanese Prime Minister Shinzo Abe said "the victory of President-elect Macron is a symbolic victory against inward-looking and protectionist moves and shows a vote of confidence in the European Union".

On Monday, though, Hollande gripped Macron's arm before the two men walked side by side and then announced the transfer of power would take place on Sunday, a week after the election. He has previously said he would like to appoint a woman.

After a resounding victory in Sunday's runoff, Emmanuel Macron will be sworn in as France's next President at the Elysee palace on May 14, outgoing President Francois Hollande said.

With her fighting spirit, the 48-year-old Le Pen, a lawyer turned politician, resembles her father, who wrenched from a court the right to continue as honorary president for life of the party, even though he was expelled.

Monday also marked decades of peace in Western Europe, something Macron made a cornerstone of his campaign against Le Pen's brand of populism.

Billionaire Usmanov made $1.3 billion offer for control of Arsenal
Usmanov, who acquired his fortune in the metal industry, is believed to be concerned by a lack of investment in Arsenal . The 63-year-old tycoon, who started out with a plastic bags business, also heads the International Fencing Federation.

Despite her defeat in the presidential election, Marine Le Pen has indicated that she will be campaigning again in next month's parliamentary vote.

This could give the National Front a significant increase on the two seats the party now holds.

The election was the first time the country's two mainstream political parties had been knocked out in the first round of voting since the Second World War. Macron is fearless leader and rejected the traditional politics.

They had feared another populist upheaval after Britain's vote to exit the European Union and Donald Trump's election as USA president past year.

Brussels was visibly relieved too at avoiding a Le Pen victory which could have threatened the very existence of the bloc after Britain's vote to leave.

Ford to cut 1400 jobs in North America, Asia
Year-to-date, shares of Ford are down nearly 10%, and have struggled to regain their footing under current CEO Mark Fields. As of mid-morning, Ford shares were off by more than 1 percent, to around $10.83, continuing a almost two-week slide.

Consequently, the new president's decision to call the German chancellor so soon after the result of the election drew scorn from social media. The 15 year old Emmanuel fell in love with his drama teacher Brigitte, 24 years his senior, and who was already married and who had three children, one of whom was a classmate of her now husband.

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