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Financial Protests Go Global
| International News by Staff ReporterDemonstrations were held in cities across the world over the weekend
Protests were held around the world this past weekend as the movement started in America as Occupy Wall Street begins to gather global momentum.Cities across the world staged demonstrations over the weekend in protest of financial institutions who stand accused by the public of recklessly gambling with the economy.
Although protests in most cities were peacefully staged, demonstrations in the Italian city of Rome turned violent as hundreds of masked protesters tore through the streets causing over a million euros in damage.
According to an Italian newspaper a group calling themselves “Black Bloc” were responsible for the damage caused on Saturday 15 October in a move one can only see as organised violence.
The members of “Black Bloc” approached the protest already wearing masks and hoods and were brandishing pipes, sticks and rocks. The group then proceeded to rampage through the streets setting vehicles alight, spraying graffiti on walls and damaging private property.
“Yesterday we once again showed the world the anomaly of Italy and today we once again have to feel shame,” read the front page of La Stampa newspaper, who questioned why the protests only degenerated into violence in Rome.
Prime Minister Silvio Berlusconi has called for those responsible for the chaos in Rome to be identified and punished “without reservation.”
A small group of protesters returned to the site on Sunday to continue their demonstration peacefully.
In London thousands of protesters descended upon St Paul’s Cathedral on Saturday in a demonstration unmarred by violence, although there were three arrests made for assault on police officers and two arrests for public order offences.
Like in Rome and many other cities around the world smaller groups of protesters continued their sit-in through Sunday, while many others signalled their intentions to return the following weekend.
According to a spokesperson for the protesters in London the demonstrations were to “challenge the bankers and the financial institutions which recklessly gambled with the economy. This occupation and 20 other occupations all around the UK have been directly inspired by what’s happening all across America and especially Wall Street,” he said.
Source: www.bizpremises.co.za
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