Sarkozy Returns to Politics

France’s former president Nicolas Sarkozy announced his return to politics on Friday, declaring he would seek the leadership of the opposition UMP in a move that would position him for a 2017 presidential bid.

The announcement—posted on his Facebook page—ended months of speculation that the 59-year-old conservative would return to the fray after his defeat by socialist Francois Hollande in 2012.

“I am a candidate for the presidency of my political family,” said Sarkozy in his Facebook post.

“I will propose reforming it from top to bottom so as to create, within three months, the basis of a new and broad movement that can speak to the French as a whole … This broad movement will adopt a new project,” he added.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza