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- France Cost-of-Living Protests: 4 Numbers That Help Explain the Anger
Protests in France began as student demonstrations over school conditions but have grown into a wider movement over the cost of living. France's monetary poverty rate reached 15.4% in 2024, its highest since 1996, affecting around 9.8 million people, with the threshold at €1,337 a month for a single person. Energy prices rose more than 60% between 2015 and the first half of 2026, with electricity up 43%, and fuel prices rising a further 30% from the end of 2025 to April 2026 as the war in Iran and the Strait of Hormuz crisis sent costs soaring. According to Eurostat, 28.8% of people in France could not afford an unexpected expense without borrowing in 2025, and 41.1% lived in households with at least some difficulty making ends meet.
- France protests latest : Curfews to be introduced to stop violence
France's central government will impose curfews in some areas after weekend riots and looting, with Prime Minister Sebastien Lecornu ruling out a blanket curfew in Paris but not a state of emergency in the capital. Around 800,000 people protested over public services and rising living costs, while violent fringe groups set fire to buildings, looted shops and attacked police. More than 2,000 people have been arrested, and Marseille has banned public gatherings from midday to 8pm. According to Sky News, Italian Prime Minister Giorgia Meloni has decided to approve an emergency decree to fight violent riots.
- France violence : All gatherings , demonstrations banned in Marseille
Police in the Bouches-du-Rhone prefecture banned all gatherings and demonstrations across Marseille from noon to 8 pm on Monday after violent protests across France. French President Emmanuel Macron vowed to prosecute those responsible for destruction, attacks on government offices and looting of town halls, following Saturday's nationwide demonstrations, which drew some 550,000 participants before turning violent. According to the Interior Ministry, 997 police officers and gendarmes were injured, seven seriously, and 2,397 people were arrested nationwide. Protests over living costs, housing and education also spread to Italy, Belgium and Portugal over the weekend, with clashes in Milan and Brussels. Italian Prime Minister Giorgia Meloni strongly condemned the chaos, saying that demonstrating is a right but setting cities ablaze is not.
- Protests spread across Europe : Cost - of - living pressures behind the demonstrations
Thousands of people across Europe protested over the weekend against rising living costs, unaffordable housing, low wages and strained public services. In France, hundreds of thousands joined demonstrations, but some turned into looting and rioting that damaged about 1,500 shops, with the Retail and Trade Federation estimating costs of “several hundreds of millions of euros” and President Emmanuel Macron vowing to hold those responsible to account. Police clashed with demonstrators in Belgium, while Italy saw clashes in Milan, Turin and Bologna, and Portugal’s unions called for higher wages, better pensions and affordable housing. Eurostat data analysed by Euronews Business shows EU food prices rose 34% between August 2021 and August 2026, and the food a minimum wage could buy fell 6% in Malta, 5% in Spain and 4% in France. The comparison excludes taxes, rent and other household costs.
- In pictures: More than 500,000 took to the streets as France protests erupted into violence
Protests in France over rising living costs and declining public services turned violent at the weekend, with more than 500,000 people on the streets. While hundreds of thousands marched peacefully, others set fire to the city hall in Limoges and Lyon's city tourist office, looted supermarkets, and attacked police, vehicles and luxury boutiques, in what was described as the country's worst unrest in years. Police used tear gas, and one protester died of a heart attack while another lost a hand. President Emmanuel Macron blamed the violence on insurrectionist elements from radical far-left groups, joined by criminals, and said those who looted will have to pay for the damage. The demonstrations began last month when Paris high school students complained of poor school conditions, and then spread into a nationwide protest.
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains - Xinhua
Tens of thousands of people took to the streets across several European cities over the weekend to protest rising living costs, housing shortages and strained public services. In France, some 550,000 people joined nationwide demonstrations on Saturday, which quickly turned violent, leaving 997 police officers and gendarmes injured, seven seriously, and 2,397 people arrested nationwide. In Milan, Italy, protesters threw firecrackers and bottles at police, injuring at least four officers and 20 demonstrators, with about 50 detained. Clashes also broke out in Brussels, and tens of thousands marched in Portuguese cities demanding affordable housing. Analysts warn that failing to address these hardships risks further eroding public trust and deepening social divisions.
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The S&P 500 and Nasdaq Composite rallied Monday as AI and chip stocks rebounded, with the iShares Semiconductor ETF (SOXX) on pace to snap a nine-day slump and the iShares MSCI South Korea ETF (EWY) up 4%. Last week, the S&P 500 fell nearly 2%, its worst weekly decline since late June, while the Nasdaq Composite dropped 4.5%. Whether the rebound lasts will depend largely on results from big tech names such as Meta and Tesla, as well as SpaceX, which reports after the bell Tuesday. Of the 47 S&P 500 companies that have reported third-quarter results, 85% have beaten expectations, but most tech earnings are still to come. Sameer Samana of Wells Fargo Investment Institute sees the AI selloff as a 'reality check' rather than a full-blown unraveling, though pressure may last through the midterms.
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- Largest securities firm lends over US$2 billion
TCBS, the largest securities firm in the market, had margin lending balances of about VND 54,739 billion, up 25.6% from the start of the year, with nearly all of it (about VND 54,400 billion) used for margin. Lending was the main growth driver in the third quarter, accounting for 44% of revenue, or VND 1,561 billion, while total revenue reached VND 3,534 billion, up nearly 12%. Third-quarter pre-tax profit was VND 2,152 billion, up 6.3% and the highest ever, and nine-month pre-tax profit reached VND 5,708 billion, or 76% of the full-year plan. As of September 30, total assets were nearly VND 97,000 billion, and the margin lending-to-equity ratio stood at 1.15 times, below the 2 times regulatory limit. TCBS is a subsidiary of Techcombank, which owns nearly 80% of it, and currently leads the sector in charter capital, margin loan balances and market capitalization.
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