(Reuters) – Another day, another protest.
On Monday it was Bolivia – angry people clashed with police after the political opposition said it had been cheated in an election won by incumbent President Evo Morales.
Week - Streets - Chilean - Capital - Santiago
Last week, the streets of the Chilean capital Santiago descended into chaos, as demonstrators enraged by a hike in public transport fares looted stores, set a bus alight and prompted the president to declare a state of emergency.
Earlier this month, Ecuador’s leader did the same after violent unrest triggered by the decision to end fuel subsidies that had been in place for decades.
South - America
And that was just South America.
Hong Kong has been in turmoil for months, Lebanon’s capital Beirut was at a standstill, parts of Barcelona resembled a battlefield last week and tens of thousands of Britons marched through London at the weekend over Brexit.
Protests - World - Months - Trigger - Frustrations
Protests have flared around the world in the last few months. Each has had its own trigger, but many of the underlying frustrations are similar.
Globalization and technological progress have, in general, exacerbated disparities within countries, said Sergei Guriev, former chief economist of the European Bank for Reconstruction and Development, while noting that not all of the current protests were driven by economic concerns.
Digital - Media - People - Inequalities - Simon
Digital media has also made people more acutely aware of global inequalities, said Simon French, chief economist at UK bank Panmure Gordon.
“We know that the economics of happiness is largely driven by a relative assessment of your position versus your benchmark,” he said, a benchmark that now stretched way beyond the local community.
Countries - Protests - Reason - Uprising
In at least four countries hit by recent violent protests, the main reason for the uprising is economic.
Governments in Chile and Ecuador have incurred their people’s wrath after trying to raise fares and end fuel subsidies.
Clashes - Quito - Ecuadorean - President - Lenin
As clashes engulfed Quito, Ecuadorean President Lenin Moreno reached out to indigenous leaders who had...
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