French President defeated in Elections only hours before Bahamians go to the polls

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Former FRENCH PRESIDENT Sarkozy

BREAKING NEWS HAPPENING RIGHT NOW <<<< FRENCH PRESIDENT NICOLAS SARKOZY FALLS IN ELECTION BID HELD IN FRANCE TODAY! THE ANNOUNCEMENT COMES JUST HOURS BEFORE THE COLLAPSE OF THE INGRAHAM GOVERNMENT IN THE BAHAMAS! POLLS IN THE BAHAMAS WILL OPEN JUST 15 HOURS FROM NOW. BBB ANALYTIC POLLING SHOW THE PLP IS HOLDING STRONG AT A 60 PERCENT POPULAR VOTE among young voters.

Fran├žois Hollande won the Fre…nch presidential election on Sunday, capturing more than 51 percent of the vote to defeat incumbent Nicolas Sarkozy and become France’s new president, according French television.

Sarkozy, who has held the French presidency since 2007, grabbed 48.1 percent, according to the polls.

Hollande, the 57-year-old socialist challenger, narrowly edged Sarkozy, also 57, in a preliminary election two weeks ago, but since he did not win with an absolute majority, France law required a runoff between the top two candidates.

Sunday’s victory means France will have its first Socialist president since Francois Mitterrand, the country’s president from 1981 to 1995. In voting Sarkozy out of office, French voters expressed their discontent over Europe’s debt crisis.

Hollande waves to supporters on May 4, 2012. (Francois Mori/AP)

French television declared the election for Hollande immediately after the polls closed Sunday. Moments later, Sarkozy told his supporters that he called Holland to congratulate him, and to concede victory.