AGP Executive Report
Last update: 10 hours agoProtest Watch: France is bracing for another weekend of demonstrations, with 70,000 security personnel deployed and businesses boarding up ahead of Halloween. The unrest is sharpening political tensions six months before the presidential election, with Marine Le Pen leading polls. Economic Pressure: Fitch cut France’s outlook to negative, citing worsening debt prospects, political fragmentation and higher borrowing costs. The economy shrank 0.1% in the third quarter, complicating efforts to rein in the deficit. Election Stakes: Presidential hopeful Édouard Philippe was questioned in an embezzlement investigation. Meanwhile, ECB chief Christine Lagarde will leave her post in February, months before her term ends and ahead of France’s election. Racial Tensions: Thousands gathered in Trappes to honour victims of a shooting in which prosecutors say the suspect deliberately targeted people he believed to be Muslim or African. The attack has intensified debate over racism and the far right.
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