Protests over global financial system take place in 82 countries

Saturday, 15 October 2011 05:00

The protests against the global financial system which began in Wall Street have spread to other major cities across the world.

The Occupy Wall St movement marched in New York yesterday and 14 people were arrested. In London, a group with similar ideas called Occupy LSX is involved in organising the protest in London today.

Close to 3,000 people have marched in London and demonstrated near St Paul’s Cathedral. They have tried to set up a protest camp at Paternoster Square in the City, but were prevented by the police. Organisers say that they are following the US model and intend to occupy the square for as long as possible.

In the US the movement has spread to other major cities such as Boston, Chicago and San Francisco. The movement say that they are against corporate greed, injustices in tax systems and greater democracy in global financial and political systems.

Today has seen similar protests take place in hundreds of cities across 82 countries.

One of the biggest demonstrations was in Rome and riot police had to step in to stop a group of masked militants attacking property.

A statement from the organisers website said: "United in one voice, we will let politicians, and the financial elites they serve, know it is up to us, the people, to decide our future."
The turnout for most of the demonstrations was small and it remains to be seen if any of the protests will be extended and turn into a protest camp.

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