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Gen Z's Global Protest Wave: Victories, Setbacks, and Market Ripples

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Young activists across the world have turned social media into a catalyst for political change, sparking mass protests in Nepal, Madagascar, Peru, Indonesia, the Philippines, Morocco, and Bangladesh.

In Nepal, a two‑day uprising unseated a corrupt government, leading to a 35‑year‑old rapper becoming prime minister—a headline‑making shift that could reshape the country’s investor climate. Meanwhile, Madagascar’s new president, a former colonel, announced a lie‑detector program for cabinet picks, signaling a tougher stance on corruption.

Peru’s volatile leadership cycle saw an interim president ousted and a new election lined up, while Indonesia and the Philippines saw limited policy change despite large street demonstrations. Morocco’s protests ended in a deadly crackdown and little reform.

These upheavals affect regional markets: political stability drives foreign investment, and the rapid turnover in government can unsettle asset valuations and regulatory frameworks, demanding close attention from investors and multinational firms.