In Martinique, rioting and looting cause at least “65 million euros” in damage to businesses
Le Monde,October 18, 2024 (excerpt)
Supermarkets, warehouses, car dealerships and rental companies, electronics stores, catering establishments… The list of Martinique businesses robbed and set on fire during the nights of rioting is long and varied.
“We counted 115 businesses, for a total estimated loss – in terms of inventory and buildings – of between 65 and 75 million euros”, sums up Philippe Jock, President of Martinique’s Chamber of Commerce and Industry (CCI). Up to 950 employees could be affected by short-time working, according to CCI estimates, and “more than 300 jobs are at risk; some will be lost”, continues Mr. Jock. This is bad news for this island of 350,000 inhabitants, where 11% of the population was unemployed in 2023, according to data published by Insee in June.
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