Large clashes erupted in Istanbul, Turkey on Tuesday between protesters and security forces, near the annual meetings of the International Monetary Fund (IMF) and the World Bank . The protests came as the head of the IMF warned policymakers from 186 countries of social upheaval as the world economic crisis continues. File photograph of Taksim Square Demonstrators — chanting against the World Bank and IMF — marched to Taksim Square , in the heart of Istanbul. The protests drew several thousand people — mostly leftists, anti-globalisation groups, liberal democrats and trade unionists. Analysts say that the IMF and World Bank do not have a good reputation among many people in Turkey, because they have been associated with austerity programs and hardship. Monday's announcement by the Turkish Prime Minister Recep Tayyip Erdoğan that his government is close to signing a new agreement with the IMF made some demonstrators angry. "We are angry, but we know that we are right. We want just to protect our rights — and for this, we are here," said one man. While the clashes were ongoing, the IMF's Managing Director, Dominique Strauss-Kahn , warned of the danger of social unrest in emerging economies due to the global economic downturn.
Large clashes erupted in Istanbul, Turkey on Tuesday between protesters and security forces, near the annual meetings of the International Monetary Fund (IMF) and the . The protests came as the head of the IMF warned policymakers from 186 countries of social upheaval as the world economic crisis continues. File photograph of Taksim Square Demonstrators — chanting against the World Bank and IMF — marched to , in the heart of Istanbul. The protests drew several thousand people — mostly leftists, anti-globalisation groups, liberal democrats and trade unionists. Analysts say that the IMF and World Bank do not have a good reputation among many people in Turkey, because they have been associated with austerity programs and hardship. Monday's announcement by the that his government is close to signing a new agreement with the IMF made some demonstrators angry. "We are angry, but we know that we are right. We want just to protect our rights — and for this, we are here," said one man. While the clashes were ongoing, the IMF's Managing Director, , warned of the danger of social unrest in emerging economies due to the global economic downturn.
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World Bank
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Taksim Square
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Turkish Prime Minister Recep Tayyip Erdoğan
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Dominique Strauss-Kahn