


Nationwide riots in France have raged on for the eleventh consecutive day following the French government’s decision to force through a pension reform bill that raises the retirement age from 62 to 64. The government used special constitutional powers that pushed through the unpopular bill without holding a vote in parliament.
However, it appears that the rioters have recently targeted BlackRock, the world’s largest asset manager. The company reportedly does not have anything to do with the pension reform bill. But one protester told Reuters that BlackRock has been targeted because of its work with private pension funds.
The pension bill means that, starting in 2027, people will have to work two more years in order to receive full state pension benefits.