Sunday, October 16, 2011

'Occupy Wall Street' Goes Global


'Occupy Wall Street movement' has entered its fifth week. The protests and demonstrations have expanded across Europe, Asia and Australia.



Protesting against social and economic inequality, corporate greed, corruption, unemployment, high food price, etc. Some have considered the movement as the American variant of the Arab's Jasmine Revolution.



On October 15, similar demonstration were held in London, Berlin, Rome, Paris, Madrid, Sydney, Hong Kong, Taipei, seoul, Mumbai, Cairo and many other cities around the world. It was reported that the movement involved people in 951 cities across 82 countries. In the US the movement has spread over 100 cities.



The violence in Rome was particularly bad. 200,000 people took to the streets clashing with riot police.



The protests in Asia drew only modest numbers, the largest crowd was in Sydney, Australia with about 800 demonstrators.


"The financial system benefits a handful of banks at the expense of everyday people," said Spyro Van Leemnen, "The same people who are responsible for the recession are getting away with big bonuses."



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