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FT News Briefing

Far right makes big gains in Europe

Jun 10, 2024
11:31
Snipd AI
The podcast explores the rise of far-right parties in the EU elections, the resignation of Israeli politician Benny Gantz, and the decline in investor interest in sustainability-focused stock funds. It discusses the impact of these events on global politics and financial markets.
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Podcast summary created with Snipd AI

Quick takeaways

  • Far right parties gaining influence in EU elections impact policies on immigration and environment.
  • Global investors shift away from sustainability-focused stock funds due to lagging performance compared to conventional funds.

Deep dives

EU Elections: Shift to the Right

Far-right parties in the European Union made significant gains in the recent elections, particularly in Germany and France. While centrist parties still hold a majority, the far-right's influence is affecting policies on immigration and the environment. The Green Party, which saw success in 2019, faced losses this time as voters expressed concerns about rising costs and resistance to green initiatives.

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