Wednesday, August 21, 2019

Macron Hosts 150 Corporate Bosses in Versailles as Yellow Vest Protests Continue

PARIS (AP) – French President Emmanuel Macron is hosting 150 world business leaders in a bid to promote his pro-business agenda, as yellow vest protesters take to the streets against his economic policies.

Macron wants to advocate for his measures aimed at attracting foreign investors, including tax changes, at the Monday evening business event at the chateau of Versailles. His office said several companies will announce investments in the country.

CEOs or top executives from Microsoft, Uber, General Electric, Procter & Gamble and Coca-Cola are among those expected.

Business leaders are stopping in France en route to the World Economic Forum in Davos, Switzerland.

Yellow vest protests, prompted in November by a fuel tax rise, have swelled with broader anger over Macron’s economic policies, deemed to favour the rich.

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