France stays at a simmer. More than 100,000 protesters, mostly in Paris, demonstrated against the government – at times violently – marking a fourth consecutive weekend of protest in France. The demonstrations are starting to take their toll on the French economy. The French retail federation estimates that as of Friday, retailers had lost roughly 1 billion euros ($1.14 billion) as a result of the unrest. The leader of a confederation of small and medium-sized businesses said the protests could cost its members 10 billion euros, and perhaps even more, if authorities could not contain them. Embattled French President Emmanuel Macron is holding emergency meetings with labor unions, employee organizations and officials and is set to address the public at 8 p.m. local time to announce “immediate and concrete” measures to respond, according to the French labor minister. At this point, the protests have not congealed into a discernible movement nor do their participants espouse a po
Daily Memo: Unrest in France, More of the Same From the GCC
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