French riots harm businesses, retailers particularly hard hit as holiday shopping season starts
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Three consecutive weekends of "yellow vest" protests have dealt a serious blow to the French economy, particularly in the retail and tourism sectors. While President Macron seems determined not to roll back planned fuel tax hikes, Economy Minister Bruno Le Maire says public spending and tax cuts need to be accelerated. Also, FAO Schwarz, the iconic New York toy store, is back in Manhattan... reopening three years after its sudden closure.