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Douglas Thor wrote that France's economic and social situation corresponded to the policies the left aspired to. He referred to public spending at 57 percent of GDP, a 35-hour work week, and one of Europe's lowest retirement ages, 62–63 years. He also mentioned property tax, a form of wealth tax, and exit tax. Thor stated that immigration was high and increasing, and described an extensive policy for social mixing, where he said that housing in disadvantaged areas was demolished and new housing was built in wealthier areas. He also wrote that the school system was primarily state-run, that politics had a significant influence on teachers' placements, and that for-profit charter schools were absent. According to him, charter schools received significantly less funding than public schools. He further claimed that students were generally placed in schools based on catchment areas and that social background was considered in high school admissions, along with geography and grades. Thor described the country's outcomes as significant economic and social problems, with weak growth, poor school performance, and high poverty. He also wrote that there were men who lacked morals and had loyalties in other countries. #Frankrike #Ekonomi #Socialpolitik (translated)

Mr. Husis wrote that French protests and demands for more welfare resources could give a misleading picture of the country's public sector. He stated that France's public spending accounted for about 57 percent of GDP, compared to Sweden's 50 percent, and that this share was the second highest in the EU. He claimed that the French, even more than the Swedes, had become accustomed to the state taking care of people throughout their lives. He also noted that around five million migrants, mainly from the Middle East and North Africa, had come to France in recent years and that unemployment among these groups was around 20-25 percent. Mr. Husis accused LFI, which he described as left-extremist and violence-advocating and as the French sister party of the Left Party, of inflaming discontent to win votes. He wrote that the same thing would happen in Sweden when riots eventually began. #Frankrike #välfärd #protester (translated)

The earnings season intensifies next week with important financial reports from companies like Volvo and Telia, as well as tech giants like Space X and Meta, while China publishes significant GDP figures and Deputy Governor Per Jansson provides previews ahead of the next interest rate decision. #Rapportsäsong #Volvo #SpaceX (translated)

Impact indicated that a BNP Paribas branch had been vandalized and nearly looted in Grenoble. According to its message, the protective barriers had been torn down before the dispersal of the protesters. It attributed this information to Le Dauphiné Libéré. https://t.co/R8Oe1lSAFj #Grenoble #Manifestation #Actualités (translated)

Robert Bergqvist wrote that the IMF's forecast for Sweden's public debt as a share of GDP had been revised down in new updates. He described it as unusual in times of fiscal uncertainty and said that the debt was thus approaching the lower limit of the debt anchor at 30 percent, with an anchor at 35 percent ±5 percentage points. He called the development strong and secure. https://t.co/Cdzi0yH1ko #Ekonomi #Sverige #IMF (translated)

Carlos Monfort reported in Sport that Dani Olmo would be the center forward for Barcelona against Galatasaray. According to what he wrote, Hansi Flick would line up the midfielder from Terrassa as an offensive reference, a decision he deemed surprising and, in his opinion, a great opportunity for Olmo. https://t.co/BNpevr58tL #DaniOlmo #FCBarcelona #Galatasaray (translated)

Olympiakos BC stated that nothing was the same without its fans, but the team did its duty against Kolossos. The victory, as it wrote, was accompanied by scoring, spectacle, and smiles. The team also published a video with highlights from the behind-the-scenes, with the support of Magenta Insurance. https://t.co/bNpFXtHYy3 #OlympiacosBC #WeAreOlympiacos #TogetherWeFight #OLYKOL #OlympiacosBC #WeAreOlympiacos #OLYKOL (translated)

Furkan Yildirim wrote that the US Treasury could auction fewer long-term government bonds as early as November and possibly discontinue the 20-year term altogether. According to Yildirim, Citigroup expects Secretary of the Treasury Scott Bessent to announce a $3 billion reduction in auctions for 20- and 30-year bonds each on November 4. The financing gap is to be closed with government securities maturing within a year at the latest. The department may also ask large banks next week whether pension funds now prefer bonds from Amazon, Meta, and Alphabet to those of the state. The 20-year bond was reintroduced in 2020 after a 34-year hiatus and now offers nearly 5.7 percent interest, more than any other US maturity. At the end of 2020, its yield was just under 1.5 percent. At the same time, Alphabet, Amazon, Meta, Microsoft, Oracle, and SpaceX had already issued dollar bonds amounting to more than $180 billion in 2026; according to Yildirim, Amazon's bonds extend to 2076. According to asset manager TwentyFour, which Yildirim cited, Japanese investors are now receiving enough interest at home to invest their money there. Citi strategist Jason Williams wrote that pension funds may currently be more inclined than usual to invest in long-term corporate bonds of good quality. However, BNP Paribas strategists doubted that smaller auctions would reduce the government's financing costs. Yildirim also pointed out that the yield on 10-year US bonds serves as a basis for mortgages and many other loans, and Bessent had referred to it as an important measure of his success. With an annual deficit of nearly $2 trillion, the debt burden continues to grow as competition for long-term buyers increases. #Finanzen #Anleihen #Wirtschaft (translated)