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Alan Katz

Alan Katz

Paris Bureau Chief at Bloomberg News, overseeing coverage of France and a former investigative reporter on financial crime.

Oct 20, 2026

26:51
But to me, what we saw over the weekend, it seems to have snowballed into something greater than that initial protest.
26:58
It's actually two different things.
27:00
And it's hard because they do sort of they they protest.
27:03
time-wise ran into each other.
27:05
But there was actually a call at the beginning of September for people to come out and protest on October 17th against the high cost of living.
27:14
In fact, too high a cost of living, so they're not able to make it to the end of the month.
27:17
In France, you get paid monthly rather than every other week in the U.S. And so people always talk about, you know, can I make it to the end of the month? And the answer is a lot of them can't.
29:24
Is that possible we can see a similar situation here in the United States? So it depends on what people you're talking
27:51
Now you know...
27:53
It's actually two different things.
27:55
There was actually a call at the beginning of September for people to come out and protest on October 17th against the high cost of living.
28:04
And that's what the Saturday protest was meant to be.
28:06
In the interim, students started protesting over classroom
4:13
Could I have you walk us through what happened over those seven minutes?
4:17
Basically, they showed up on Sunday morning outside the Louvre and near this area which is called the Apollo Gallery, and it's a, a part of the Louvre that has a bunch of jewels in it, and it's sort of Napoleonic mostly, but not entirely.
4:31
And they used, um, glass cutters.
4:34
It's almost like a chainsaw, but at the end of it instead of a saw, it's got these glass cutting discs to cut holes in the windows to get into the gallery and once in, to cut holes in the cases.
4:45
Now, they did this around 9:30 in the morning, so the Louvre was open actually at the time, and there were guards in the room, at least according to the Culture Ministry.
4:53
The standard procedure is not to engage with thieves, but to actually, the priority is to get any visitors who might be in the room out of the room and try to sort of protect people's safety rather than try to protect the stuff that's being stolen.
5:06
But you actually have some videos, you know, some handheld videos from, from iPhones and the like of people sort of showing these guys in yellow sort of safety vests on, which sometimes workers have, especially when they're working on the road so that, you know, cars can see them.

9 MINS LATER

14:50
Where does the, the Louvre go from here?
Stephen CarrollCORRESPONDENT
22:20
And not the current prime minister, but the previous prime minister of the three that we've had in the past year in France, Michel Barnier, is also going to be attending.
22:30
Yeah, I'm not quite sure if he's the best place to sort of charter path out for for france since he wasn't able to last more than a few months uh in the prime ministership but there's also the current foreign minister the current uh labor minister will be there uh she's also elizabeth ball and she's also a former prime minister um this this this event always has heavy hitters uh whether it's government or central bank or ceos among you know they're a bunch of of ceo board members who are going to be there a bunch of of um i'm sorry of ecb board members who are going to be there um as well as CEOs like Thomas Buber, who is the CEO of AXA, or Patrick Pouyanné, the CEO of Total, the big energy company.
23:12
So from that perspective, you do get sort of the great and mighty of France coming together.
23:18
But as I said, it's usually a pretty relaxed environment, and it's mostly chitchat.
23:22
And as you've said, it's a spectacular location, and people are sort of You get that sort of summer vibe from this thing.
23:29
And this year, I really do feel like there's a little it's a little more tense and people are really trying to figure out what are they going to do down the road.
23:36
Now, maybe you're right.
Stephen CarrollCORRESPONDENT
27:18
But give us a sense of how stable the political situation is in France at the moment.

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