laur h hellond welcome back here on "france 24." thank you for joining us. the headlines at 1:00 today. a triumphant boris johnson returns to downing street after the prime minister's conservative party wins a decisive victory in the general election. meanwhile the opposition labour party suffers its worst night since the 1930's. also coming up, we will get the view from brussels for you.
the e.u. president says the bloc is ready to work with johnson to deliver brexit next month. we will hear from our correspondents in brussels shortly. and algeria gets a new president. abdelmadjid tebboune elected with less than 40% of the vote. this after millions of algerians boycott the polls. good to have you with us for this hour live from paris. also coming up in the program, in business we will take a a lo at how the markets are respondiding to that big conservative win in the united kingdom as well as taking a look at some social media reaction. do stay with us for this hour of live from paris.
so britain has woken up to a new politics today. boris johnson's conservative party has won a resounding victory in the general election picking up the most seats it's done since the era of margaret thatcher. the win gives the prime minister a clear mandate to get brexit done leaving the united kingdom on course to lead the e.u. next month. while johnson today has already been to buckingham palace where the queen formally asked him to form a government in her name. meanwhile the opposition labour party and supporters of the e.u., it was a dashed night of hopes for them. labour have lost their highest number of seats since the 1930's. it is clear there will be no second referendum and britain will leave the e.u. on johnson's terms. france 24's jane breaks down the results for us so far. >> it was a tidal wave that swept across the united kingdom. the conservatives have secured the greatest win since margaret
thatcher's victory in 1987. a majority that will give boris johnson the power he needs to take britain out of the european union. >> we will get brexit done on time by the 31st of january, no ifs, no buts, no maybes. leaving the european union as one united kingdom. >> but it was a catastrophic night for labour as the party is facing its biggest defeat in over 80 years. the red ball began crumbling in the early hours as labour strongholds in the north of england voted in favor of brexit turned blue. >> brexit has so polarized and divided debate in this country, it has overrididden so much of normal political debate. >> i will not lead the party in any future general election campaign. >> the labour wasn't the only
party to suffer crushing defeat. swinton lost her seat, a nightmare for the party who promised to cancel brexit and are set to elect a new leader while an ecstatic party claimed a victory in scotland. it was a different story as nigel lost his seat in north belfast. it was the first time irish nationalists will be sending more m.p.'s than the unionists to the british parliament. nadia: france 24's reporter is in london for us today where he has been watching the developments from there. while we have seen johnson return triumphantly to number 10 downing streetet, the oppositio and those who campaign to remain in the e.u. presumably have a bit of soul-searching to do today. tell us a bit about what you have been hearing.
>> absolutely, the wind of change is set to blow on the labour party. what will happen to jeremy corbyn, some voices already saying he needs to step down as leleader as soon as possible he in london as supporters of jeremy corbyn are extrememely disappointed by this crushining defeat. the worst since the 1930's. more generally it's the remainers who are disappointed. i am joined by lucy thomas, who is the former director of the remainer campaign. lucy today, very clearly it's boris johnson's victory. he seems stronger than ever. it's also a victory for all the people who want brexit to get done. how do you fefeel today? >> i think it's a very clear signal that the remain cause was defeated in this campaign. i think you saw them not working
together. some of the remain party worked together but it's a clear sign that tory slogan was get brexit done and that is what will now happen with a majority even higher than was predicted. absolutely, it's an emphatic victory. >> is this the end of the remain movement? lucy: i think it's really hard to see how the remain cause in its current form continues because we will be leaving at the end of january. then there will be a free trade deal negotiated. i think what you'll see is a shift towards campaign to try and rejoin eventually, but it becomes a very different thing. it becomes much more of a longer term campaign rather than the opportunity of many from the labour party, this is the opportunity now to have another referendum but that is out of the wip doe. clovis: you also advise businesses who might be worried in this post-brexit world because as you said brexit will get done. how did they feel and what do
you think this historic victory for johnson, how will that affect the mood of businesses? lucy: it's quite interesting. there are two different sides to it. first you saw the pound rally, stability and certainty, knowing what will happen has been a huge boost for business and for investors because finally you have stable government, something we haven't had for years and years here. it's a bit of a sigh of relief that we know where we are going. but for many businesses, they don't know the final outcome of brexit but we know we are leaving and there will probably be a transition deal so long as the brexit deal gets through parliament. so two years' stability and then a final deal of some kind of >> lucy thomas, thank you very much. now within the conservative party, we have spoken to some m.p.'s, remainers within the conservative party, who say that they hope that boris johnson will slightly change his stance nd be more moderate and more
conciliatory. now there will be discussions with the e.u. and boris johnson stronger than ever will decide what kind of relationships are bound between these united kingdom and europe. nadia: in central london, thank you very much for bringing us reaction at this hour. the results are in. britain being closely watched here on the continent, day two of an e.u. summit in brussels where leaders have this morning been digesting all the news as it's been coming in. also digesting the news from there and gauging reaction from european leaders in brussels is our reporter. we can speak to him now. dave, johnson says it's full steam ahead for brexit. how do european leaders feel about that today? dave: they were echoing the same sentntiment as they came in thi morning. they brought the welcome to the
result. ey wanted a decisive result. so a huge majority is about as decisive as you can get. it's now clear that brexit will happen. so that takes out a lot of the uncertainty here. there had evolved brexit fatigue especially after the summit which has been so often hijacked by the issues so the general reaction is people are happy that this is going 0 get done even if they are disappointed that the u.k. is leaving and perhaps concerned about the political direction of the country, boris johnson is notot very popular here in brussels. that being said they are hoping that that big majority for johnson could mean that he has more flexibility when he -- when it comes to the negotiations, about the future e u.-u.k. relationship that they'll have to start negotiating. the leaders are discussing their reactionon to brexit in this building behind me. they're going to come out with some statements.
we have seen drafts versions of the statements. we donon't have any reason to think those will change. they call for an immediate start to negotiations on that future relationship after the 31st of january. on that day under johnson's deal, a transition period will begin and last until the indnd next year. the idea, johnson was saying, he thinks he can agree a free trade agreement. nobody here believes that. they think johnson will use t t provision in the deal to ask for an additional two years of the transition period during which time the u.k. continues to enjoy the benefits of the e.u. and has to apply e.u. law but it no longer has a vote here in brussesels. but with that ststrong majority erg hardline euroskeptic group has lost power. they think maybe they'll get a softer johnson during the ns. nadia: dave, stay with us for the moment because it is
important to remind our viewers that brexit t isn't the only headline issue at this summit today. there's also what's known as the green deal. today the european union has agreed that all member states will strive for carbon neutrality by 2050. that plan was agreed with some difficulty. a few eastern members of the bloc were wary. but the deal did get passed. let's listen to the commission and president speaking about that agreement. >> it's important for europe to show a strong ambition. it is very important for the next years and after, the green eal announced yesterday by the commission. we take this commitment, we want europe as the first climate neutral continent. >> but of course we are aware that not every region has the same starting point.
we are aware of the fact that some have to come a longer way, that for some regions it will be more difficult to adapt and to have the turnining point. therefore we have been debating how to support people, companies and regions better. nadia: some reaction from brussels, dave, you heard her acknowledging some of the challenges ahead. dave: yes, what she was referring to there is the fact that poland did not sign up to this agreement. they were trying toto put a bra face on this last night, but this is a big disappointment. they really thought they were going to get poland to end its refusal to back this target. they've been arguing over this for six months. they had just promised this transition fund which was designed to help these countries more reliant on fossil fuels, transition to the new energy system. it wasn't enough to get poland over the line.
they've issued endorsing this target. they say one country could not support this target. the fact is that that veto by the polish prime minister doesn't really have much practical effect because the legislation is going to be put forward next year no matter what. that legislation only needs a majority vote by e.u. member states. poland can't veto it. poland will be subject to this 2050 target of completely decarbonizing the e.u. if it is adopted next year by the european parliament and european council. nadia: dave keating for us thank you very much indeed, gauging some reaction to the big issues at the summit. let's return to one of our top stories on the program. the elections in the united kingdom. take a look a the some of the reaction on social media today. wewe are joined from our social memedia team.
hello. this is of course a big story on twitter today. tell us about what you have been seeing. >> today and yesterday twitter has been all about the british electionss for thehe past 48 ho. unfortunately the polling station is not -- they provivid us with much need cuteness but wewe had hashtagagged election results trending. now however we have different hash tags trenending w. he have ome that are not thahat, let's say, impartial. not my government and also hashtag not my prime ministerer. so we see a lot of users going to twitter to complain about the results, try to make sense of it. we have for example this boris johnson twitter, with this election we have achieved something truly remarkable, making people feel even more ashamed to be british. we also have another hashtag that goes kind of like in the same sense, the friday 13th
hashtag, a lot of people saying it makes sense that today is friday the 13th which is a day people think about horror stories and bad luck, and i guess it depends who you voted for, but some people are feeling like they woke up in this nightmarish world in which boris johnson had won a landslide election. nadia: t twitter is normally a place whwhere people air grievances. tell us about the f frustration and anger have you somebody -- you have been seeing online. >> today on twitter we have a few users -- i have been monitoring twitter since early this morning and as you said it's a lot about the grievances and not so much about politics, congratulations to boris johnson. we had a few users asking, for example, this one saying how could we go from being such a united country during the u.k. olympic games in 2012 to this?
that has been resonating with a lot of people. another idea that i have been seeing a lot of is what will happen to our public services, the national health services, n.h.s., a lot of users talking about schools and food banks and public services falling apart. so there's a great worry about the british public services. there's also -- and i am showing you here -- the worry that has -- that the n.h. is s. could be privatized so there is this cartoon of donald trump holding a puppet, boris johnson, with the n.h.s. and people really worried about what will happen to the british national health service. i saw a lot of that during the day. nadia: that one for fans of the labour party. i assume this is for many people a brexit election that brexit
was making waves today. >> yes, the gin election seen by some people as a second referendum on the exit and nothing more natural than brexit being on top of the trends. it was number four. right now before i came in. and we see some people actually saying that boris johnson does not have such strong mandate to get brexit done as he says because some 53% of the people voted for remain parties. so that puts into question the british voting system and also scotland, what would happen to scotland in this new -- with these results because scotland voted mainly for the s.n.p. party which is against brexit and there is a funny video going around this morning, which is nicholas sturgeon celebrating ictory of one seat in scotland
gainst the candidate joe swinton. some are criticizing her for celebrating so vigorously. other people saying that she was just celebrating the victory of a dear friend and the fact is the party believed this seat was really important, was a priority target. so this is just a huge victory for the s.n.p. nadia: she looks like she's watching a football game. she looks very joyful there. thank you very much indeed from our social media team m trackin some of the reaction online to our top story, that is of course the election in the united kingdom. on "france 24" today the election in the u.k. isn't the only one we are watching. algeria also went to the polls yesterday to elect a new president. the results were released a short while ago. abdelmadjid tebboune has won the 58.15%.tial vote with
tebboune is 74 years old, served as prime minister under the former president, bouteflika, who was ousted following major demonstrations. the turnout in this vote was extremely low. the l lowest in algeria's histo. mimillions of people have boycotted the vote, dismissinin the candidates as little more than children of the old regime. we have more on what it is the protesters want now. >> a win for abdelmadjid tebboune with 58% of the vote in prelimininary results easily beating his four contenders. this election saw historically high abstention rate. only 40% of people turned out to vote in an election boycotted by the protesters who rattled algeria for 10 months.
rather than filling o their ballot papers they filled the streets in defiance of what they called -- >> we are not against the election. we are against this gang. >> in the region, things turned more violent. a police station was ransacked. ballot boxes were destroyed. protesters also blocked access to some voting places. not everyone was in favor of the protest. >> why would i block my country? i am against people who oppose the election. >> there are fears of more violence this friday following the announcement of these preliminary results. nadia: you are watching the rld news live on "france 24" today. a triumphant boris johnson returns to downing street after the prime minister's conservative party wins a decisive victory in the general election. the opposition labour party suffers its worst night since the 1930's.
algeria gets a new president. abdelmadjid tebboune elected with less than 40% of the vote. this after millions of people went to the polls. time now for a look at today's business news. for that let's stick with our top story today, the election in the united kingdom. let's check in on how the mamarkets are responding to tha with our business editor. >> that's right. investors very happy with last night's results. the panel is soaring after exit polls published late last night, hitting levels not seen in quite some time. investors feeling reassured about the conservatives' majority in parliament. eliminates the possibility of a no deal exit from the european union. many executives and share holders relieveved to see the platform off the table. the pound sterling was up as high as 2.7% against the u.s.
dollar. that was its highest level since last year. it's trading slightly down, still with gains though. hit a more than ththree year hi against the euro. major europeanndices posting a gain todayay. upper movementomewhat limited. the higher poundurts focusus. t's stillll trending u upward. aa similar picture in frankfurt asian markets fin irgining off e week in -- finishing off the week in positive territory. solid gainsns in the shanghai composite. boosted by apparent progress in u.s.-china tdede talks. eaearlier we spspoke with an ant in london n to get more insightn the markets. >> i think this widespread relief we hahave had a fairly
comprehensive outcome. if you look at the value of the pound in the wake of the exit poll lastt night, there was a bg surgrge there. a majority for r the conservati party was priced around 20 seats. no one i think reasonably expected the conservative party to get a near 80-seat majority. i think in some respects that actually makes things that much easier. first and foremost, we have seen big gains in european markets because it really outlines a very clear direction for u.k.-brexit policy after the three years of delay and gridlock. more importantly, what it does is it makes a no deal brexit much less likely. that's why you have seen the dax move higher. the economy is closely geared to the u.k. economy. the footsie 250 hasas surminged strongly as the prospect of a labour government has been pushed firmly to one side. you have a nationalization
discount coming off as prompting these indexes to surge strongly. >> next step the u.s. and china are reportedly neaear an agreemt tovoid a fururther hike in tariffs on sunday. trading tarififfs on hundreds o billions of goods on thurursday u.s. presidentnt donald trump suggested a so-called phase one deal was imminent. today chinese officials have declined to confirm that's the case. uncertainty continues and it's not such a good thing for many american businesses. we take a closser look how they've been affected by the trade war. >> the san diego company specializes in bluetooth ear buds and customers can't get enough. they're the second most sold ear buds in the world, designed in the united states, the company's star product is made thousands of miles away in china. >> we e are very dependent on trade with china. it's simply scale. we need 50,000 a day. when you need 50,000 a day t the
isis really only one place that hass the sophihisticateded infrasastructure to handle that type of scale and that's china. >> but the trade war between the united states and chihina has dragged on since march 2018, forcing kramer to make a difficult choice. he has decided to let the extra cost eat into his profit margin rather than past on the cost to his clients even if it means losing millions of dollars. the dispute between the world's two largest economies has disrupted the global trading sysystem and the d damage to kramer's company has already been done. >> i think that's ththe hardest part about uncerertainty is jus that. it's uncertain. we can't make long term or midterm decisions about where we want to take the business. we have to make really short term decisions almost week by week. that's how quickly it's changing. >> trade tensions are expected to cost the global economy $700 billion by next year. despite the u.s. president
pleading to protect employment, a study conducted for the port of los angeles claims that 1.5 mimillion americican jobs are already under threat. >> finally gamers haveve gd news to enthe week. mimicrosoft has opened its xbox series x. p the company says it will be more powerful than the current x bs box 1. rival sony prepares to unleash its new play station 5. very important detail still missing at this stage. they haven't announced the price of the new x box. nadia: perhaps not on my christmas list. thank you very much. cole stangler with a business update on the program. it's time for a a short brake. do stay with us live from paris after this.
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