France, student protests
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France is the latest flashpoint in the global bond selloff as mounting debt worries rattle investors and send government borrowing costs higher.
A sell-off in French government bonds that spread into broader Eurozone markets this month has lured big investors to “bottom fish” among beaten-down assets including Italian bonds and corporate debt, on a bet that contagion fears are overdone.
Chaos in schools, on the streets and in the markets is rooted in France’s struggles to fund its social welfare state, with a presidential election approaching.
Fox News' Jeff Paul reports on escalating riots in France. Heritage Foundation senior fellow Mike Gonzalez and New York Post columnist Miranda Devine discuss factors driving the unrest.
France prepares for a day of protests in support of students who’ve been demanding more investment in education.
Not only does it now cost France more to borrow than it does Italy and Greece; a rising number of big French companies enjoy lower market interest rates than does the French state. Of all the G7 nations, it has suffered most from the debt sell-off triggered by the Iran war.
The French government desperately needs a return to strong growth if it is to contain its rapidly rising debts.
France has suspended the use of the EF-SON stun grenade after a 15-year-old student suffered severe injuries and lost his hand during protests in Lens.