State of the World from NPR cover image

State of the World from NPR

The French Far Right Rises; a Rush to Buy Gold in China

Jun 24, 2024
The podcast discusses the rise of the far right in France and the potential political shift it could bring. It also explores the surge in gold demand in China, driven by economic uncertainties and market instability.
09:02

Podcast summary created with Snipd AI

Quick takeaways

  • Far-right National Rally Party's rise in France signals political shift post-WWII.
  • Increased demand for gold in China driven by economic instability and diversification efforts.

Deep dives

Far-right Party on the Verge of Political Power in France

Following surprising European Union election results, French President Macron has called for new national elections, opening the possibility of the far-right National Rally Party taking political control in France. The party garnered significant support in the EU elections, raising concerns about the changing political landscape and potential impacts on the upcoming French elections. Macron faces challenges with a decline in popularity due to controversial policies, while issues like immigration and security contribute to the far-right's growing appeal. The prospect of extreme positions dominating the elections signals a shift in perceptions of political extremism in France.

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