Saturday, October 2, 2010

Iceland's politicians forced to flee from angry protesters

Protesters took to the streets of Reykjavik today, forcing MPs to run away from the people they represent as renewed anger about the impact of the financial crisis erupted in Iceland.

The violent protest came amid growing fury at austerity measures being imposed across Europe. Disruption in more than a dozen countries this week included a national strike in Spain and a cement truck driven into the Irish parliament's gates.

Witnesses said up to 2,000 people caused chaos at the state opening of the Icelandic parliament, with politicians forced to race to the back door of the building because of the large number of protesters at the front. Eggs were said to have hit the prime minister, Jóhanna Sigurðardóttir, other MPs and the wife of the Icelandic president, Ólafur Ragnar Grímsson.

[ ... ]

A UN agency has warned of growing social unrest because of a long "labour market recession" that could last until 2015. The International Labour Organisation revised down its forecast and estimated that 22m new jobs were needed to return to levels before the banking crisis.

Juan Somavía, director general of the ILO, said social cohesion would be at risk, adding: "Governments should not have to choose between the demands of financial markets and the needs of their citizens."

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