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New French president

Socialist Party (PS) candidate for the 2012 French presidential election Francois Hollande waves as he arrives on stage to give a speech after the results of the second round of the presidential election on Sunday in Tulle, southwestern France. Francois Hollande was elected France's first Socialist president in nearly two decades today, dealing a humiliating defeat to incumbent Nicolas Sarkozy and shaking up European politics.Philippe Desmazes, AFP/Getty Images