France wants curfews in some areas after weekend of riots
EWG•France’s central government asked some local authorities to impose curfews after weekend riots and looting; Prime Minister Sebastien Lecornu ruled out a blanket curfew in Paris. About 3,000 shops were affected, 2,400 people were arrested and nearly 1,000 officers were injured.
1. Localized curfews proposed
The central government asked some local authorities to impose curfews after a weekend of riots and looting linked to nationwide anti-government protests. Prime Minister Sebastien Lecornu did not rule out a state of emergency, but said partial, localized curfews were more appropriate for now and ruled out a blanket curfew in Paris.
2. Unrest and response
The Federation of Trade and Retail said almost 3,000 shops were affected. Lecornu said furlough measures would begin Tuesday. Some 2,400 people were arrested, one protester died from a cardiac arrest and nearly 1,000 officers were injured.
3. Security and markets
President Emmanuel Macron rejected Interior Minister Laurent Nunez’s offer to resign, while criticizing intelligence and foresight failings. French shares were among Europe’s worst performers, with the CAC 40 down 1.3% in early trading; France’s 10-year yield rose 8 basis points to 4.86%.
