Friday, April 24, 2009

Global Strife on the Rise

France "at risk for revolution"

    Redundancy plans have caused violent protests in private sector companies, left-wing students have blocked universities and unions are planning a demonstration on Labour Day. “There is a risk of revolution,” Dominique de Villepin, the former prime minister, said.

Germany's slump risks 'explosive' mood as second banking crisis looms

    A clutch of political and labour leaders in Germany have raised the spectre of civil unrest after the country's leading institutes forecast a 6pc contraction of gross domestic product this year, a slump reminiscent of 1931 and bad enough to drive unemployment to 4.7m by 2010.

    Michael Sommer, leader of the DGB trade union federation, called the latest wave of sackings a "declaration of war" against Germany's workers. "Social unrest can no longer be ruled out," he said.

Jamaican army deployed ahead of tax increase

    KINGSTON, April 23 (Reuters) - Jamaica's government put police and the army on alert to prevent violent demonstrations as it prepared to announce tax increases on gasoline, cigarettes and other consumer items on Thursday.

    Police and soldiers were deployed at what the government called "strategic" locations across the Caribbean island to quell any violent protests. Finance and Planning Minister Audley Shaw was expected to announce the tax increases during a budget debate later on Thursday.

    Prime Minister Bruce Golding told the nation during a national broadcast Wednesday night that Jamaicans should brace for tougher times because the island could not continue to borrow money to fill holes in the budget.