Revolt of the “yellow vests” causes 1 billion retail loss in France

The “gilets jaunes” (yellow vests) are taking a heavy toll on French retail. Retailers have lost approximately 1 billion euros (1.13 billion US dollars) since the protests began around a month ago, according to a statement by the French Retail Federation. “We must expect a new slowdown of economic growth at year-end due to the yellow vest protests”, Finance Minister Bruno Le Maire told Reuters Television.