May Day Protests Sweep the Globe
By Kate Schwartz, Newser Staff
May Day rallies are in effect in all corners of the globe, from Greece and Iraq to France and the Philippines -- and, soon, stateside. What began as an international workers' holiday has morphed into an international day of protest, fueled in part by the Occupy Wall Street movement, with Asians clamoring for increased wages and Europeans blasting the austerity measures sweeping their continent.
Thus far, all seems largely peaceful: Some 100,000 people took to the streets in Moscow, joined by a "happily chatting" Dmitry Medvedev and Vladimir Putin, reports the
AP, while in Manila, some 8,000 red-shirted workers had their demand for a $3-a-day pay raise rejected by the president ... who was burned in effigy.
More from Newser
Stephen King: Raise My F***ing Taxes Already
Wall Street to Slash 21K Jobs
Washington Post Buys Digg Techies ... but Not Digg
Reuters reports that 5,000 marched peacefully in Athens (though they held signs declaring "Revolt Now"), and tens of thousands more are expected in Lisbon and in Spain, where unions have pushed for protests in 80 towns and cities.In the U.S., New York, Los Angeles and cities in between are bracing for what the Post predicts will be "hellacious commutes," thanks in part to a planned Williamsburg Bridge-to-Wall Street march and a "Bike Bloc" in New York's Union Square. --Written by Kate Schwartz of Newser
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV