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Mr Bayrou, 73, a crucial partner in Macron’s centrist alliance, has been a well-known figure in French politics for decades. His political experience is seen as key in efforts to restore stability as no single party holds a majority at the National Assembly. Mr Macron’s office said in a statement that Mr Bayrou “has been charged with forming a new government”. During the handover ceremony, Mr Bayrou said that “no one knows the difficulty of the situation better” than he does. “I’ve taken reckless risks all along my political life to raise the issue of debt and deficits in the most important elections,” he said. France is under pressure from the European Union’s executive body and financial markets to reduce its colossal debt, estimated to reach 6% of its gross domestic product this year. “I know that the risks of difficulties are much greater than the chances of success,” Mr Bayrou said, adding that he hopes to lead the country towards a “needed reconciliation”. “I think this is the only possible path to success,” he said. The new prime minister is expected to hold talks with political leaders from various parties in the coming days in order to choose new ministers. Former prime minister Michel Barnier resigned last week following a no-confidence vote prompted by budget disputes in the National Assembly, leaving France without a functioning government. Mr Macron in an address to the nation vowed to remain in office until his term ends in 2027. Mr Macron’s centrist alliance does not have a majority in parliament and Mr Bayrou’s Cabinet will need to rely on moderate lawmakers from the left and the right to be able to stay in power. Some conservatives are expected to be part of the new government. Mr Macron’s strategy aims at preventing far-right leader Marine Le Pen from holding “make or break” power over the government. Ms Le Pen helped oust Mr Barnier by joining her National Rally party’s forces to the left to pass the no-confidence motion last week. Mr Bayrou’s appointment is also in line with Mr Macron’s efforts to build a non-aggression pact with the Socialists so that they commit not to vote against the government in any future confidence motion. Mr Bayrou leads the centrist Democratic Movement, known as MoDem, which he founded in 2007. In 2017, he supported Mr Macron’s first presidential bid and became a weighty partner in the French president’s centrist alliance. At the time, he was appointed justice minister, but he quickly resigned from the government amid an investigation into the MoDem’s alleged embezzlement of European Parliament funds. Mr Bayrou this year was cleared in the case by a Paris court, which found eight other party officials guilty and sentenced the party to pay a fine. Mr Bayrou became well known to the French public when he was education minister from 1993 to 1997 in a conservative government. He was three times a candidate for president: in 2002, 2007 and 2012.As the stock market continues to soar and the bullish sentiment shows no sign of abating, investors are advised to stay informed, stay disciplined, and stay cautious. The market may be hot right now, but it is essential to approach it with a cool, rational mindset to navigate through the ups and downs that lie ahead.The main opposition party has strongly voiced their dissent against the statement that "The new government will begin working immediately after its formation." The opposition party, led by seasoned politician Linda Waters, has raised concerns about the readiness and capacity of the new government to effectively govern from day one.
Absa Group Limited ( OTCMKTS:AGRPY – Get Free Report ) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 200 shares, a decline of 33.3% from the October 31st total of 300 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is presently 0.1 days. Absa Group Price Performance Shares of AGRPY stock opened at $19.75 on Friday. The company’s fifty day simple moving average is $19.34 and its two-hundred day simple moving average is $18.34. Absa Group has a 1 year low of $14.36 and a 1 year high of $20.53. Absa Group Company Profile ( Get Free Report ) Featured Stories Receive News & Ratings for Absa Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Absa Group and related companies with MarketBeat.com's FREE daily email newsletter .
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Manchester United is reportedly open to the idea of parting ways with midfielder Paul Pogba due to disciplinary reasons. The French international, affectionately known as "La Pogboom" among fans, has been the subject of intense scrutiny in recent months following a series of high-profile incidents both on and off the pitch.Deep-pocketed investors have adopted a bearish approach towards GameStop GME , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GME usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 41 extraordinary options activities for GameStop. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 12% leaning bullish and 75% bearish. Among these notable options, 33 are puts, totaling $1,459,370, and 8 are calls, amounting to $307,195. What's The Price Target? Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $125.0 for GameStop over the recent three months. Volume & Open Interest Trends In today's trading context, the average open interest for options of GameStop stands at 10342.91, with a total volume reaching 7,114.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in GameStop, situated within the strike price corridor from $15.0 to $125.0, throughout the last 30 days. GameStop Option Activity Analysis: Last 30 Days Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume GME CALL TRADE BEARISH 01/17/25 $13.6 $13.3 $13.37 $15.00 $53.4K 5.9K 122 GME PUT TRADE BEARISH 06/20/25 $5.2 $4.9 $5.1 $25.00 $50.9K 551 106 GME PUT TRADE BEARISH 01/16/26 $98.55 $98.55 $98.55 $125.00 $49.2K 4.1K 240 GME PUT TRADE BEARISH 01/16/26 $98.5 $98.5 $98.5 $125.00 $49.2K 4.1K 250 GME PUT SWEEP BULLISH 01/16/26 $99.25 $98.5 $98.5 $125.00 $49.2K 4.1K 220 About GameStop GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites. The majority of sales are from the United States. Following our analysis of the options activities associated with GameStop, we pivot to a closer look at the company's own performance. Where Is GameStop Standing Right Now? With a volume of 4,029,104, the price of GME is down -1.5% at $28.32. RSI indicators hint that the underlying stock may be approaching overbought. Next earnings are expected to be released in 102 days. Turn $1000 into $1270 in just 20 days? 20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access . Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for GameStop with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.A key factor in determining whether antibiotics are necessary for pneumonia is the type of pathogen causing the infection. This can be identified through specific diagnostic tests conducted by healthcare professionals. In cases of viral pneumonia, supportive care such as rest, hydration, and antiviral medications may be more appropriate than antibiotics. Therefore, it is crucial not to self-prescribe antibiotics for pneumonia without proper medical evaluation.