Paris attacks to cost French economy up to $12bn

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Paris was the subject of a terror attack on Friday 13 November

The deadly attacks in Paris on Friday night will cost the French economy between $9bn and $12bn over the next nine months, predicts Andrew Coburn, from the Cambridge Centre for Risk Studies.

He said the attacks against restaurants, a concert hall and a stadium were going to create a demand shock and, to a lesser extent, a supply shock, leading to reduced consumption ahead of the Christmas

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