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Arrests Reach 1,800 in France as Protests Spread Across Southern Europe

French authorities have arrested 1,800 people as the country faces its most severe protests in years, leaving entire streets in Paris damaged. France's interior minister declared that the Republic will not yield to the unrest. Meanwhile, demonstrations that previously shook France and Spain have expanded into Italy and Portugal. In Milan, rioters clashed with law enforcement and set property ablaze. Additionally, a tent encampment was established in Lisbon over the weekend.

📊 What it means for markets

Widespread civil unrest in major European economies often weighs on the euro and local stock indices, while potentially increasing demand for safe-haven assets like gold.

Source: The Guardian

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