Demonstrators descended on the building that houses BlackRock’s office in Paris Thursday, taking their protest against the government’s pension reforms to the world’s biggest money manager
Demonstrators forced their way into the building that houses BlackRock’s office in Paris Thursday, taking their protest against the government’s pension reforms to the world’s biggest money manager. Videos shared on social media showed protesters entering the Centorial office block, located near the Opéra Garnier opera house, holding red flares and firing smoke bombs.
But workers targeted the company because of its work for private pension funds, according to protester Françoise Onic, a school teacher who spoke to Reuters. The government has said the pension legislation is necessary to prevent a looming funding deficit, but the reforms have angered workers at a time of rising living costs. French inflation fell last month from a record in February, thanks to a sharp slowdown in energy price rises, but food price inflation accelerated.
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