NZ Herald
  • Home
  • Latest news
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather forecasts

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
    • The Great NZ Road Trip
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
    • Cooking the Books
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • What the Actual
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business / Economy

'Occupy' protest spreads to 82 nations

Independent
16 Oct, 2011 06:25 PM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Protests against corporate greed, executive excess and public austerity began to gel into the start of a worldwide movement yesterday as tens of thousands marched in scores of cities.

The "Occupy Wall Street" protest, which started in Canada and spread to the United States, and the long-running Spanish "Indignant" and Greek anti-cuts demonstrations coalesced on a day that saw marches or occupations in 82 countries.

Some protests were small, as in Tokyo, where only 200 turned up; some were large, as in Spain, where about 60 separate demonstrations were staged; and some were muted, as in London, where nearly 2000 intending to march on the Stock Exchange obeyed police who turned them back.

About 175 protesters were arrested in Chicago when they refused to take down their tents and leave a city park when it closed.

The arrests were mostly peaceful, police said.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Only demonstration, in Rome, was violent. Here, among an estimated 100,000 protesters, a few broke away and hurled bottles, smashed shop windows, torched cars and attacked news crews.

There were reports that the Defence Ministry had been partly trashed. Most of the disorder was near the Colosseum, and police charged the protesters and fired water cannon.

Some demonstrators fled, but others turned against the troublemakers, trying, with limited success, to stop them.

Advertisement
Advertise with NZME.

Italy, with a national debt ratio second only to Greece's in the 17-nation eurozone, is rapidly becoming a focus of concern in Europe's debt crisis. But even in Germany - part of the solution to the crisis rather than the problem - about 4000 people marched through Berlin with banners that urged the end of capitalism.

Some scuffled with police as they tried to get near the country's parliamentary buildings. In Frankfurt, continental Europe's financial capital, about 5000 people protested in front of the European Central Bank.

In Spain, six marches were converged on Madrid's Puerta del Sol plaza just before dusk. This is the country where, in May, groups which became known as the Indignant Movement established the first around-the-clock protest camps that lasted for weeks in cities and towns.

Portuguese angry at their Government's handling of the economic crisis were due to protest in central Lisbon.

Discover more

Economy

'Occupy' movement reaches New Zealand

14 Oct 04:30 PM
New Zealand

Anti-corporate protesters raise voices

15 Oct 04:30 PM
New Zealand|crime

Protesters claim right to stay in Dunedin's Octagon

16 Oct 06:46 PM
World

Hard times expose Britain's north-south split

17 Oct 04:30 PM

Portugal is one of three European nations - the others being Greece and Ireland - that have already needed an international bailout.

In Stockholm, 500 people gathered to hear speakers denounce capitalism at a peaceful rally. They held up red flags and banners that read: "We are the 99 per cent" and "We refuse to pay for capitalism's crisis". The reference was to the world's richest 1 per cent, who control billions in assets, while billions around the world live in poverty or are struggling economically.

Bilbo Goransson, a trade union activist, declared: "There are those who say the system is broke. It's not. That's how it was built. It is there to make rich people richer."

The "Occupy London" protesters planned to take the plaza in front of the Stock Exchange but were turned back at Temple Bar by mounted police. The crowds returned to St Paul's churchyard where WikiLeaks' Julian Assange spoke briefly.

With only one arrest it was a peaceful event, drawing a wide profile of protesters. American Mark Manney, 36, said: "I'm here on a business trip but I wanted to lend my support. I think that banks are responsible and we have to change as a society."

Singer Billy Bragg was also in the crowd. "Today is about accountability," he said. "People want to see a change in the way things are done."

Advertisement
Advertise with NZME.

He believed yesterday's protest represented a shift in the way the public saw demonstrations. "I think the attitude coming out of protests here and on Wall St has been incredibly positive," he said. "It's a desire to build, rather than smash things up."

In Canada, hundreds gathered in Toronto's financial district to decry what they said was Government-abetted corporate greed which has served elites at the expense of the majority. Further protests were planned yesterday for other Canadian cities, while in the US, marches were scheduled in cities large and small.

In the Bosnian city of Sarajevo, there was a different tone: hundreds walked through the streets carrying pictures of Che Guevara, old communist flags and placards that read: "Death to capitalism, freedom to the people".

Turnout was light in Asia, where the global economy is booming.

In Sydney, about 300 people gathered, cheering a speaker who shouted, "We're sick of corporate greed! Big banks, big corporate power standing over us and taking away our rights!"

Only 200 people protested in Tokyo and in the Philippines about 100 marched on Manila's US embassy.

Advertisement
Advertise with NZME.

A group of 100 prominent authors, including Salman Rushdie, Neil Gaiman and Pulitzer prize-winning novelists Jennifer Egan and Michael Cunningham, signed an online petition declaring their support for "Occupy Wall Street and the Occupy Movement around the world".

And yesterday's New York Times' leading article had some stinging words for British Prime Minister David Cameron and Chancellor of the Exchequer George Osborne. "Austerity is a political ideology masquerading as an economic policy ... America has no need to repeat Mr Cameron's failed experiment."

New dividing lines - if not battle lines - are being drawn up.

- INDEPENDENT

Save

    Share this article

Latest from Economy

Premium
Business|markets

Allbirds predicts turnaround - finally - if lucky break on tariffs holds true

09 May 12:23 AM
Premium
Business|personal finance

‘Rip-off’: App developer and Consumer say fees will stifle open banking

08 May 11:00 PM
Premium
Stock takes

Stock Takes: Will reporting season see the end of a bear market?

08 May 09:00 PM

One tiny baby’s fight to survive

sponsored
Advertisement
Advertise with NZME.

Latest from Economy

Premium
Allbirds predicts turnaround - finally - if lucky break on tariffs holds true

Allbirds predicts turnaround - finally - if lucky break on tariffs holds true

09 May 12:23 AM

PLUS: Waterproof Allbirds - and some "professional" sneakers for the office.

Premium
‘Rip-off’: App developer and Consumer say fees will stifle open banking

‘Rip-off’: App developer and Consumer say fees will stifle open banking

08 May 11:00 PM
Premium
Stock Takes: Will reporting season see the end of a bear market?

Stock Takes: Will reporting season see the end of a bear market?

08 May 09:00 PM
Premium
Matthew Hooton: Desperate times call for bold measures

Matthew Hooton: Desperate times call for bold measures

08 May 05:00 PM
Connected workers are safer workers 
sponsored

Connected workers are safer workers 

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • What the Actual
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven CarGuide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP