Stock market plunge sparks protests in Bangladesh

Source: WP

DHAKA, Bangladesh -- Bangladesh suspended trading at its main stock exchange Monday and security officials used batons to disperse thousands of angry investors upset over a market plunge.

The benchmark Dhaka Stock Exchange general index (DGEN) rose 80 percent in 2010 but has fallen several times over the last few weeks. It tumbled 7.8 percent Sunday and 9 percent in early trading Monday, prompting an indefinite suspension on trading.

After the protesters began gathering Monday morning, authorities used batons to try to keep the demonstrations from spreading, police official Mohammad Shohidullah said.

But protesters continued to demonstrate at several busy intersections in Dhaka's Motijheel commercial district, where the stock exchange is located, smashing vehicles, burning tires and chanting anti-government slogans, Shohidullah said.



Read more: http://www.washingtonpost.com/wp-dyn/content/article/2011/01/10/AR2011011001360.html

Right-wing extremism works so well for the stockmarket in America. Right up to the point that it collapses like in Pakistan (and every other country that relies on killing and intolerance for business growth).