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SPAIN
'Indignant' Demonstrators Marching to Brussels to Protest Effects of Crisis


MADRID, Jul 30, 2011 (IPS) - Protesters from several European Union cities have begun to follow the example of hundreds of demonstrators from Spain who are marching from Madrid to Brussels, the bloc's de facto capital, in a growing protest against the effects of the economic crisis and the fiscal adjustment policies adopted to combat it.

The march - literally, on foot - began Tuesday Jul. 26 with half a dozen people at the Puerta del Sol, in Madrid, the "kilometre zero" point from which all distances in the country are measured. The "'Indignant' People's March" aims to cover the 1,550 km to Brussels by Oct. 8, one week ahead of the global demonstration planned for Oct. 15 by Democracia Real YA (Real Democracy Now!)

Marchers from other European cities will stop in Paris on the way to Brussels, to support the Occupy Wall Street initiative, aimed at occupying and disrupting what they call the "financial Gomorrah" of the United States.

Adbusters, a counter-cultural Canadian magazine, quoted Professor Raimundo Viejo of the Pompeu Fabra University in Barcelona as saying: "The anti-globalisation movement was the first step. Back then our model was to attack the system like a pack of wolves. There was an alpha male, a wolf leading the pack, and others who followed behind. Now the model has evolved. Today we are one big swarm of people."

The Adbusters article calls on U.S. President Barack Obama to set up a presidential commission tasked with "ending the influence money has over (the country's) representatives in Washington."

It also proposes "dismantling half the 1,000 military bases (the United States) has around the world," among other pro-democracy measures.

But the May 15 Movement (15M), which emerged on that date with large demonstrations in the main squares of cities across Spain held to protest the political, economic and social system, is also drawing attention to issues not prominently covered by the international press, such as repossessions of the homes of those who fall behind on their mortgage payments. MORE


I wish them all good luck and will follow their shenanigans with interest!
the_future_modernes: a yellow train making a turn on a bridge (Default)
[personal profile] the_future_modernes
Inside Story: Greece protests at austerity measures


Inside Story with presenter Teymoor Nabili discusses with guests: Vagelis Agapitos, independent economist; Yanis Varoufakis, professor of economics at the University of Athens; and Fotis Boblas, an activist and protester.


The Economy of Greece (Wikipedia)

Analysis: In Greece, it's all about 'solidarity'

Solidarity is probably a word that you would not associate with Greece following the events of the past few days.

Read more... )


Millions strike in Greece over austerity plans

Read more... )

June 13 The crisis in Greece intensifies

Read more... )


June 16 Greece reaches the brink: Eric Ruder explains the issues underlying the massive protests shaking Greece.

Read more... )
the_future_modernes: a yellow train making a turn on a bridge (Default)
[personal profile] the_future_modernes
Community Currencies Offer Refuge from Economic Forces


MEXICO CITY, Dec 21, 2010 (IPS) - Túmin, which means "money" in the Totonaca indigenous language, is a community currency now circulating among 80 vendors selling their products at an alternative market in the town of Espinal, in the eastern Mexican state of Veracruz.

It is equivalent to one Mexican peso, and each vendor was initially given 500 units, which they are using to buy and sell goods and services.

The túmin was launched in November by Juan Castro, a professor at the public Intercultural University of Veracruz, and members of a development research centre and a human rights network in Espinal, 400 km southeast of the Mexican capital.

"We created it to strengthen the local economy, so that people will buy locally and not go outside of their community to spend their money," Castro told IPS. "It's gaining acceptance; more and more people are interested in participating."

The túmin is the latest experiment in Mexico in parallel currency systems, which began to be used at least two decades ago in this Latin American country, although none of them has really taken off.

"We haven't been able to grow as we would like to," said Luís Lópezllera, director of Promotion of Popular Development, a local NGO. "We have run up against mistrust and irresponsibility. It's really hard to get people to believe that credit lies in people, not in the authorities," he told IPS.

Lópezllera was one of the driving forces behind the Red Tláloc, a network dedicated to the solidarity economy that emerged in 1996, in the wake of the financial crisis that two years earlier had devastated the savings of millions of Mexicans and spread to other countries in a contagious phenomenon dubbed the "tequila effect".

The network created a directory to enable those offering or looking for goods and services to contact each other and do business using the Tláloc currency, which takes its name from the Aztec god of rain and is equivalent to one hour of community work.

The parties involved in the transaction agree on what proportions will be paid for in Tlálocs or Mexican pesos. The hour of community work is valued at four dollars -- the official minimum daily wage in Mexico.



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