Monday, February 2, 2009

Global Financial Crisis Sparks Unrest

Demonstrators clash with riot police while protesting during a protest against the Davos World Economic Forum (WEF), in Geneva, Switzerland, Saturday, Jan. 31, 2009. (AP Photo/KEYSTONE/Martial Trezzini)

From Reuters/Alertnet:

Feb 2 (Reuters) - Here are some details of protests and developments as a result of the global financial crisis:

* FRANCE

-- Hundreds of thousands of strikers marched in French cities on Thursday to demand pay rises and job protection. Some protesters clashed with police, but no major violence was reported.

-- The one-day strike failed to paralyse the country and support from private sector workers appeared limited. Labour leaders hailed the action, which marked the first time France's eight union federations had joined forces against the government since President Nicolas Sarkozy took office in 2007.

Read more ....

My Comment: And it is going to get worse.

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