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Macron addresses French nation after weeks of unrest, announces new economic measures [ABC News]

Meta Platforms, Inc. - Class A (FB) 
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Company Research Source: ABC News
French president Emmanuel Macron addressed the nation in a recorded TV speech on Monday and announced new economic measures in response to weeks of violent protests across the country. Speaking calmly and slowly from the Elysee Palace, the 40-year-old head of state confessed that the anger of protesters was deep, and some of their claims legitimate. He added that these protests come from 40 years of malaise. Macron announced that the minimum wage would increase by 100 euros per month in 2019. He also said that a tax hike for the poorest pensioners will be cancelled at the start of the next year. His address comes two days after protesters from the Yellow Jackets movement -- named after the neon-yellow security vests demonstrators have been wearing -- took to the streets of France for the fourth weekend in a row. (MORE: France suspends planned fuel tax increase after violent protests) A spokesperson for the French interior minister told ABC News that 136,000 peop Show less Read more
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