1. Unrest

    Protests Erupt in Athens, Madrid

    A fire bomb explodes among riot police during clashes in Athens Wednesday Sept. 26, 2012. Police clashed with protesters hurling petrol bombs and bottles after an anti-government rally called as part of a general strike in Greece turned violent. About 50,000 people joined the union-organized march held during a general strike against new austerity measures planned in the crisis-hit country. (AP Photo/Dimitri Messinis)

    Dimitri Messinis / AP Photo

    Protests broke out and led to clashes with police in Athens and Madrid on Wednesday. 70,000 people marched on Parliament in Athens and the demonstration deteriorated when anarchists began throwing gasoline bombs and pieces of concrete at riot police. Police in turn fired tear gas at demonstrators. Protesters have been demonstrating against planned spending cuts of $15 billion, which are required if Greece is to receive its next round of bailout funds, without which the country could go bankrupt in weeks. Riots also broke out in Madrid on Wednesday, where Spain's prime minister Mariano Rajoy is considering requesting a European bailout and has already proposed harshed budgetary measures for 2013.

    Read it at Reuters