World Agenda: riots in Iceland, Latvia and Bulgaria are a sign of things to come

[BlueStateSaint]

I got this one off of . . . UrbanSurvival.com, an interesting site.  They're predicting that Obama's first big foreign policy test will be this weekend, but not in this article.

World Agenda: riots in Iceland, Latvia and Bulgaria are a sign of things to come

Our third global political column explores the start of an age of rebellion over the financial crisis - beginning in Iceland

Icelanders all but stormed their Parliament last night. It was the first session of the chamber after what might appear to be an unusually long Christmas break.

Ordinary islanders were determined to vent their fury at the way that the political class had allowed the country to slip towards bankruptcy. The building was splattered with paint and yoghurt, the crowd yelled and banged pans, fired rockets at the windows and lit a bonfire in front of the main door. Riot police moved in.

Now in the grand sweep of the current crisis, a riot on a piece of volcanic rock in the north Atlantic may not seem to add up to much. But it is a sign of things to come: a new age of rebellion.

The financial meltdown has become part of the real economy and is now beginning to shape real politics. More and more citizens on the edge of the global crisis are taking to the streets. Bulgaria has been gripped this month by its worst riots since 1997 when street power helped to topple a Socialist government. Now Socialists are at the helm again and are having to fend off popular protests about government incompetence and corruption.

In Latvia – where growth has been in double-digit figures for years – anger is bubbling over at official mismanagement. GDP is expected to contract by 5 per cent this year; salaries will be cut; unemployment will rise. Last week, in a country where demonstrators usually just sing and then go home, 10,000 people besieged parliament.

The rest is at:

http://www.timesonline.co.uk/tol/news/world/europe/article5559773.ece