News · koreatimes.co.kr

France in turmoil : What might follow a weekend of riots ?

France has seen some of its worst unrest in years as protests over the cost of living and underfunded public services escalated into riots and looting. According to the government, more than 3,000 shops were looted or damaged, the Limoges town hall was torched, and about 2,400 people were arrested. The government plans state-financed furlough measures and emergency cash-flow support for affected businesses, though full funding details have not been released, and has pledged to send about 3,000 fully qualified teachers to fill staffing gaps. French government bonds came under pressure, with the risk premium over the 10-year German benchmark rising to 146 basis points, its highest in two weeks, while unions have called strikes for November 5.

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Original headline: France in turmoil : What might follow a weekend of riots ?

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