In Indonesia and Brazil â€" where governments are hoping to pursue fiscal consolidation â€" protests have turned violent.
In Indonesia the issue is the initial driver of protests is the removal of a fuel subsidy.
In Brazil, it's over an increase in bus fares, as well as general frustration over inequality, and the money being spent on next year's World Cup.
Both â€" along with other emerging markets â€" are experiencing slowing economies, sharply weakening currencies, rising interest rates, and generally a squeeze related to both financial and structural conditions.