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The French government is deploying about 70,000 police nationwide on Oct. 24, roughly 10,000 more than last weekend, ahead of expected protests in major cities. The force includes elite police, mounted officers, helicopters, drones, armoured vehicles and water cannon trucks. Interior Minister Laurent Nunez warned that some groups are using social media to call for attacks on public buildings. The protests, which began with student demands over learning conditions, drew over 500,000 people on Oct. 17, and about 2,700 people have been arrested since then. Paris extended its night curfew to Oct. 26 and Lyon banned gatherings in central areas, but UNEF and the Yellow Vest movement still call for marches.
- Us Consumer Sentiment : From fuel price hikes to cost - of - living concerns , US consumer sentiment nears record low
US consumer sentiment edged down to 48.0 in October, near a record low, as price increases linked to the Middle East conflict weighed on households, according to a University of Michigan survey. Sentiment among independents fell sharply to 42.4 from 47.7 in September, just above May's record low of 40.6, while scores among Democrats and Republicans improved. Expectations for inflation over the next 12 months rose to 4.7%, and expectations for the next five years increased to 3.5%. Survey director Joanne Hsu warned that persistently elevated inflation expectations could complicate the Federal Reserve's efforts to bring inflation to its 2% target, and the Fed is due to meet next week with the policy rate widely expected to stay at 3.75%-4.00%.
- Something in Tehran Resembles What Once Unfolded in Moscow
The author compares the Soviet Union with Iran after reading On the Edge of Empire: From Brezhnev to Putin by journalist Salam Musafir. He argues the two authoritarian systems, one secular and one religious, share weaknesses: a gap between official rhetoric and everyday life, economic stagnation, and costs from foreign ambitions. He says Iranians, especially younger generations, are demanding fair incomes, jobs and personal freedoms, and that grievances such as those illustrated by the 2022 case of Mahsa Amini cannot all be dismissed as the work of foreign agents. While he does not treat every opposition claim as unquestionable, he says their recurring economic complaints deserve examination. He notes that history does not simply repeat itself, but political systems can differ in ideology while sharing the same sources of weakness.
- CBN okay JPMorgan to establish merchant bank in Nigeria
The Central Bank of Nigeria (CBN) has granted Approval-in-Principle to JPMorgan to establish JPMorgan Merchant Bank Nigeria Limited, but the bank must meet further requirements and obtain a final operating licence before it can begin business. Michael Akuka, Director of Corporate Communications and Investor Relations at the CBN, said this is only the first stage, with registration with the Corporate Affairs Commission and other operational arrangements still required. The CBN also approved Adedapo Adedayo Olagunju as managing director, along with several non-executive and independent non-executive directors. Governor Olayemi Cardoso said the goal is a stable, competitive and internationally connected financial system, following the completion of the banking sector recapitalisation exercise.
- Mexican Peso Gains 0 . 3 % on Friday but Ends Week 0 . 8 % Lower
The Mexican peso rebounded against the U.S. dollar on Friday but still finished the week weaker. Banco de México's benchmark was 18.6601 pesos per dollar on Oct. 23, up from 18.5045 on Oct. 16, a 0.84% rise in the peso-per-dollar quote that equals a 0.83% drop in the peso's dollar value. The rate fell from 18.7134 on Oct. 22 to Oct. 23, implying a roughly 0.3% daily gain for the peso. INEGI said its Global Economic Activity Indicator rose 0.6% from July and 3.5% year on year in August, using seasonally adjusted figures. The University of Michigan put its final October Consumer Sentiment Index at 48.0, compared with 48.1 in September.
- Bank of Italy Scotti Urges Staged Investment in Digital Finance
Bank of Italy Deputy Governor Chiara Scotti urged lenders to build adaptable digital-finance systems and test them in limited stages, since demand and the market's eventual design remain uncertain. She warned that customers may reach financial services through interfaces controlled by platforms, which could make banks less visible. A Boston Consulting Group model estimated that a regional bank pairing digital-asset custody with other services could add $80 million to $100 million in profit, though this was modelled rather than reported earnings. ECB data put tokenized assets on public blockchains at €38 billion in February 2026, up from €7.4 billion in early 2024. The Eurosystem launched Pontes on Sept. 21 to settle wholesale transactions in tokenized assets in central bank money.
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