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Hollande Replaces French PM After Big Election Losses

French President Francois Hollande is replacing his prime minister the day after his ruling Socialist Party sustained steep losses in municipal elections across the country. The French leader was set Monday to name the country's popular interior minister, Manuel Valls, as the new premier, replacing Prime Minister Jean-Marc Ayrault, who resigned after the electoral setback. Voters across France rejected Socialist candidates in Sunday's elections, the first major balloting since...

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