Tens of thousands of angry protesters staged traditional May Day rallies in several countries of the crisis-wracked eurozone on Wednesday, as fury erupted at demonstrations in Bangladesh after a deadly building collapse. Thousands took to the street in Spain, some brandishing flags reading “6,202,700”, a reference to the record number out of work in the recession-hit country.
Protest in Iran
An Iranian workers union on Wednesday urged the government to hike salaries and curb soaring inflation as the Islamic republic’s economic woes take a toll on its working class, local media reported.
Homage to Chavez
About half a million people across Cuba took part in May Day celebrations dedicated to the late Venezuelan president Hugo Chavez, a close ally of the island’s communist leaders.
‘World growth still too slow to for jobs’
The world economy is still not growing fast enough to generate jobs for tens of millions who have become unemployed but it is strengthening gradually, a top IMF official said Wednesday.