Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

pampango

(24,692 posts)
Mon Feb 17, 2014, 12:41 PM Feb 2014

Protesters arrested in Kazakhstan after demonstration against currency devaluation

Police in Kazakhstan have clamped down on a protest against the devaluation of the country’s currency. ... They had gathered close to the Independence Monument in central Almaty. Public protest is unusual in Kazakhstan, but this is the seventh protest in Almaty within 10 days.

There is anger nationwide after the Government devalued the tenge last week by around one-fifth against the dollar with immediate effect, meaning overnight peoples salaries and savings were worth a fifth less and the price of imports is set to go up.

The government said it had to be devalued because of uncertainty over the exchange rate of the Russian ruble.

President Nazarbayev has been in power since the fall of the Soviet Union in 1991. Kazakhstan has never held an election recognised as free and fair by the West.

http://www.euronews.com/2014/02/16/protesters-arrested-in-kazakhstan-after-demonstration-against-currency-/

Another dictator's longevity (23 years as president) in danger?

Latest Discussions»General Discussion»Protesters arrested in Ka...