There were strikes and anti-austerity rallies across Europe on Wednesday. General Strikes were called in Spain and Italy. Rallies were also held in France and Greece. The protests in Spain ended as police fired rubber bullets, in violent clashes between protesters and police. In Italy at least 17 police officers were injured as protests in Rome, Milan and Turin turned violent.
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European and US markets have been tanking since the re election of Obama. The fear about the ‘fiscal cliff’ and Greece has also started to spread like wild fire.