Economy

Tim reads out our first statement endorsed by the consensus of the General Assembly.

On October 15, about 4000-5000 of protesters in London descended on London's financial sector as part of the “United for Global Change” actions that took place in more than 1000 cities and towns worldwide. Occupy London Stock Exchange is occupying an area in front of St Paul's Cathedral and holding people's assemblies to discuss the goals, demands and direction of the movement.

United States President Barack Obama announced on October 14 that he was sending US special forces troops to Uganda to join the civil war there. In the next few months, US combat troops will be sent to South Sudan, Congo and Central African Republic. They will only "engage" for "self-defence", says Obama, satirically. With Libya secured, a US invasion of the African continent is under way. Obama's decision is described in the press as "highly unusual" and "surprising", even "weird". It is none of these things. It is the logic of US foreign policy since 1945.

October 15 was the first time since February 2003, with the huge demonstrations in the lead-up to the invasion of Iraq, that a call for an international action on a specific date has met with such a response.

Greek trade unions warned on October 21 of further strikes in the next week after parliament approved new harsh cutbacks amid mass protests that left one man dead and about 200 injured. Civil servants' union Adedy secretary-general Ilias Iliopoulos said the new law "will not be implemented" and accused the government of ignoring popular dissent. Greece's main private-sector union, GSEE, was also planning new strikes. GSEE board member Stathis Anestis said: "We plan long-running opposition to ensure that the crippling cutbacks imposed by our loan shark predators are not enforced."

The Socialist Alliance released this statement on the morning of October 23. * * * Socialist Alliance condemns violent police attacks on Melbourne and Sydney occupations Socialist Alliance condemns the violent police dispersal of peaceful protesters at Occupy Melbourne (October 21) and Occupy Sydney (dawn, October 23) and pledges its full support for the re-establishment of these occupations against the tyranny of the world's richest 1%.

The overwhelming success of the October 15 “United for Global Change” demonstrations (which took place in more than 1000 cities and towns in about 90 countries) is having powerful positive feedback on the indignados (15-M) movement in Spain.

An estimated 2.4 million Kenyans are facing food insecurity this year. One cause is poor rains, which have affected all of north-east Africa and are probably at least partially the result of climate change. Another is the rising cost of imported food. Rising food costs are also partly caused by climate change, but also by speculation. For the finance industry, food is just another commodity to be bought, sold or hoarded to generate the most profits.

Ongoing coverage of Occupy Sydney.

Green Left Weekly’s Sue Bolton has been part of the Occupy Melbourne protest since it began on October 15. Below she recounts the past week of the occupation in Melbourne’s City Square, which was broken up by a fierce police assault on October 21.

US actor Danny Glover gave the speech below to protesters at the Occupy Oakland protest on October 15.

Left-wing political parties, trade unions, social activists and student groups at a press conference in the Labour Party Pakistan (LPP) office invited people to join them in an Occupy Lahore anti-capitalist camp at Nasir Bagh in the city centre. The camp will continue for at least two days. A program for the camp will be announced soon. The camp is being set up in solidarity with the worldwide Occupy movement and the growing unrest among peoples caused by the global economic recession.