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The Intelligence from The Economist

Not shy about retiring: strikes in France

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 5 December 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

A massive, rolling, national strike begins today, in protest against proposed reforms of the sprawling pension system. But details of the changes haven’t even been published yet. Our correspondent visits the conflict-ravaged Darfur region, and sees a historic opportunity for peace. And a look at how best to let entrepreneurial immigrants get back in business. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer. Every weekday, we provide a fresh perspective on the events shaping your world.

0:17.1

For 16 years, the Darfur region in Western Sudan has been the site of horrific crimes against humanity.

0:23.6

Our correspondent went to see the transition of power now underway as the country is offered a chance for peace.

0:30.6

And we take a look at efforts to help immigrants into the labor market.

0:36.6

Many want to rebuild their lives by starting businesses,

0:39.3

and they find niches that natives overlook.

0:42.3

But to be able to do that, authorities have to let them work. First up, though,

0:57.0

Throughout the autumn, people in France have expressed concern about proposed sweeping changes to the pension system.

1:09.0

Today, they're taking to the streets in a massive rolling general strike.

1:15.2

Well, there is expected to be a very big turnout today with the strikes,

1:19.2

and probably, you know, the biggest that we've seen here, certainly all year in France.

1:24.3

Sophie Petter is the economist's Paris Bureau Chief.

1:26.5

The SNCF, the railways, has already said that one in ten trains will be working,

1:32.7

which means a massive participation rate.

1:35.3

It's not just trains.

1:37.0

Roads, airports, schools, even opera performances are set to be disrupted as the unions flex their muscles.

1:43.9

It's even some lawyers or some teachers taking part, some hospital workers.

1:48.0

The reforms of President Emmanuel Macron aimed to simplify a pension system that's incredibly complicated and expensive.

1:55.0

Average incomes of over 65s are in fact higher than those of under 65s, and in two years' time, the public pension

2:03.3

scheme is expected to be 10 billion euros in the red. Not much is clear about Mr. Macron's

2:09.5

proposed changes, except that they won't tackle those costs. In fact, the details of the reforms

2:15.3

haven't even been published yet. There's something very curious about this strike because it's actually happening ahead of

...

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