7,729.69CAC 40 · Oct. 8 close · −0.51%

DailyDrop.

1.122EUR/USD · Oct. 9 at dawn
CAC 407,729.69▼0.51%10/8EUR/USD1.1216-0.00%10/9S&P 5007,765.36▼0.47%10/8WTI$91.50▲3.60%10/8Gold$4,157.00▲0.20%10/8
Society · EducationPress ✓ 4 outlets · official tally from the Interior Ministry; Odoxa poll for Le Figaro

High school movement: 71,500 protesters on Thursday, 3,000 substitutes promised and a new day of action on Tuesday

The government promises 3,000 substitute teachers by Tuesday, the day of a new mobilization. The anger is not subsiding, and the Prime Minister is caught between several crises.

On Thursday, Oct. 8, the fourth major day of the high school movement drew 71,500 people across France, 24,500 of them in Paris, according to the Interior Ministry, which counts 504 arrests and 48 police officers and gendarmes injured. Most schools have reopened, but blockades of high schools and universities remain. Assas, a university faculty usually classed on the right, saw its first blockade, as did prestigious Paris high schools, according to franceinfo. Clashes broke out at Place de la Bastille in the evening (Le Figaro, Le Monde). In Reims, a police officer was hit in the face by mortar fire, according to franceinfo. Le Monde notes that France’s situation, between record debt and high school protests, is being followed well beyond its borders.

On Thursday evening, on TF1’s news, National Education Minister Édouard Geffray announced that 3,000 substitute teachers would arrive in the 514 schools that need them most, by Tuesday (Le Monde, Le Figaro). The intersyndicale, the unions’ joint front, is calling for a new day of action on Tuesday, Oct. 13. The anger is not subsiding despite the address by Sébastien Lecornu, hemmed in by crises, notes France 24: high schoolers, debt, fuel, farmers. On fuel, the Prime Minister is meeting distributors on Monday and hopes for a price drop in “early November” (Le Monde). According to an Odoxa poll for Le Figaro, 63% of French people consider the anger justified and 58% think the police are not responsible for the violence. About twenty families have referred the matter to the Defender of Rights (Le Figaro). Tehran criticizes the crackdown; Paris denounces an Iranian disinformation campaign and has summoned Iran’s ambassador (France 24). France 24 adds that other sectors could mobilize in turn. What follows will play out in three stages: the arrival of the substitutes, Monday’s meeting on fuel, then the street on Tuesday.

Open the story and DailyDrop’s take
By the numbers
71,500protesters on Thursday in France, 24,500 of them in Paris (Interior Ministry)
3,000substitute teachers announced for 514 schools, by Tuesday (Le Monde, Le Figaro)
63%of French people consider the anger justified; 58% do not hold the police responsible (Odoxa, Le Figaro)
World · MarketsPress ✓ 5 outlets · Wall Street closes of Oct. 8; strike plans not officially confirmed

Trump rules out attacking Iran before Nov. 3. Oil stays high, Wall Street slips

On Thursday, Donald Trump ruled out any attack on Iran before the Nov. 3 midterm elections, citing “productive discussions” (Le Figaro, Le Monde, franceinfo). The statement came after a rise in oil prices tied to press reports of new strikes. WTI gained about 3.6%, to around $91.5. On Wall Street, the S&P 500 lost 0.47% (7,765.36 points) and the Nasdaq 1.25% (27,193.34), while the Dow Jones gained 0.10% (51,231.64). The yield on the 10-year Treasury note fell 4.6 basis points, to 5.231%, after a 30-year auction that drew solid demand (Reuters). Alberto Musalem of the St. Louis Fed thinks rates may have to rise within six to nine months (Bloomberg). The Houthis claimed a new attack on Riyadh airport, and Lufthansa suspended its flights to the city (Reuters). The CAC 40 had closed Wednesday at 7,729.69 points (−0.51%).

Open
Word of the day
AuctionMarkets

A sale of government debt securities to bidders. Solid demand pushes yields down, as on Thursday for U.S. 30-year bonds.


Politics · 2027 presidential electionPress ✓ 3 outlets · remarks as reported from the broadcast

Édouard Philippe, two hours on France 2: overhaul family allowances and cut legal immigration

On Thursday evening, the Horizons candidate in the 2027 presidential election launched “L’Heure de vérité” (“The Hour of Truth”), France 2’s new political program, in an interview of more than two hours (franceinfo). Édouard Philippe said he wants to “totally overhaul” family allowances and to help families “from the first child.” He proposed a tax cut of about €3,000 for the middle classes (Le Monde, Le Figaro).

Le Figaro also notes his pledge to put public finances back in order and to halve legal immigration, and judges that his campaign is clearly pitched to the right. He added that he would not live at the Élysée if elected, “as when I was at Matignon.” The remarks are reported as the press quotes them; no detailed costing is given at this stage.

Open the story and DailyDrop’s take
World · UkrainePress ✓ 5 outlets · strike tolls given by Kyiv

Ukraine: Washington invites Europeans to its Miami talks as Kyiv spends the night in the dark

On Thursday, Washington invited France, the United Kingdom, Germany, the European Union and NATO to talks in Miami, Le Figaro and France 24 report. U.S. officials cited by AFP speak of “new ideas,” including security guarantees for Ukraine. Steve Witkoff and Jared Kushner are due to meet Ukrainian negotiators on Friday (Reuters, Le Monde). Marco Rubio described a very dangerous “impasse,” which the Kremlin says it shares (Reuters).

On the ground, Volodymyr Zelensky puts the toll of Russian strikes in recent days at 78 dead and 215 injured, and Kyiv was almost entirely without power on Thursday evening (Le Monde). A glide bomb hit two buses in Kramatorsk: at least 30 dead according to Le Figaro and RFI.

Open the story and DailyDrop’s take

Science · SpacePress ✓ 5 outlets · length of stay: 235 to 237 days depending on the outlet

Sophie Adenot back on Earth: European record for time in orbit after eight months aboard the ISS

The Dragon capsule of the Crew-12 mission splashed down on Thursday around 17:35 Paris time, off the coast of California (franceinfo, RFI, Le Figaro, Le Monde). On board: Sophie Adenot, Americans Jessica Meir and Jack Hathaway, and Russian cosmonaut Andrey Fedyaev. After a twenty-seven-hour trip from the ISS, reentry took place at about 28,000 km/h and under nearly 1,900 °C (Le Figaro).

The stay lasted 235 days according to Le Figaro and Le Monde, 237 according to another Le Monde update. It is the longest continuous orbital stay by a European astronaut. The crew is beginning a rehabilitation program (France 24).

Open the story and DailyDrop’s take
In brief
  • Maduro and his wife prosecuted in the United States for tortureLe Monde · Le Figaro · Reuters
  • Ex-Prince Andrew: searches ruled unlawful by British courtsLe Figaro · Reuters · AP
  • London opens the door to Germany in the GCAP fighter jetLe Monde · Reuters
  • France expels two Nigerien intelligence agentsLe Monde
  • Starbucks explored an offer for Chipotle, according to the Financial TimesReuters · Bloomberg
  • American Express fined $350 million over its anti-money-laundering programReuters · FT
  • Eurozone ministers to press France to pass its 2027 budgetReuters
  • Meloni gets a new electoral law adopted; opposition cries foul over a forced passageReuters · Le Monde
Seven minutes every morning, one front page — see About

Unverified — what we could not confirm

“The United States will strike Iran for three days.” The New York Times, relayed by aggregators, reports that the Pentagon has prepared strike plans. No official has confirmed them, and Donald Trump has ruled out any attack before Nov. 3.
“The high school movement is being manipulated from abroad.” France 24 reports that Tehran criticizes the crackdown and that Paris denounces an Iranian disinformation campaign. The sources consulted do not document any influence on the students themselves.
“Fuel prices will fall as soon as Monday.” On Monday, the government is only meeting distributors. Le Monde and Le Figaro speak of a drop hoped for in “early November.”
Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDEHigh school movement: 71,500 protesters on Thursday, 3,000 substitutes promised and a new day of action on TuesdaySociety · EducationTrump rules out attacking Iran before Nov. 3. Oil stays high, Wall Street slipsWorld · MarketsÉdouard Philippe, two hours on France 2: overhaul family allowances and cut legal immigrationPolitics · 2027 presidential electionUkraine: Washington invites Europeans to its Miami talks as Kyiv spends the night in the darkWorld · UkraineSophie Adenot back on Earth: European record for time in orbit after eight months aboard the ISSScience · Space