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Transcript

00:00:00
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00:00:02
The cleanup began across France on Sunday, after some of the nation's fiercest protests in decades. Overnight, the anti-government movement known as the yellow vests wreaked havoc in Paris for a fourth consecutive weekend. More than 1,700 people were arrested as protesters faced off with riot police. Authorities have prepared for the clashes with monuments and tourist sites closed, and 8,000 security guards were put in the capital.
00:00:34
France's finance minister said the demonstrations are an economic catastrophe to the nation, on Sunday.>> The impact on the French economy is severe, I can't give you an exact evaluation at the moment, but I will do do in the coming days. And give evaluations on businesses' revenues, and a more global one on the French gross domestic product.
00:00:54
But we must expect a new slowdown in economic growth in year end, given the circumstances that just took place.>> He's caleld for an open dialogue with protesters to calm the situation. However, most of the anger is directed at President Emmanuel Macron, who's fallen out of favor with those who cannot afford his tax reforms, which have made the cost of living difficult for some.
00:01:19
One of them, a steel tax hike, was scrapped from next year's budget due to the process, but that's done little to call the groups so far. A source from the Élysée Palace said Macron would meet with representatives of trade unions, employers' organizations and associations of local elected officials on Monday.
00:01:39
The president is also expected to make quote, important announcement, in the coming week.