By REUTERS More by this AuthorDeadly Kenyan protests that scuppered tax hikes and a failed coup amid fading economic prospects in Bolivia this week are violent reminders of the dangers posed by faltering economies and punishing austerity measures. Kenya's President William Ruto, who reversed support for a tax-hike measure, now must find another path to make his nation's debt pile of some $80 billion more manageable. At least 23 people died in Kenya as protests spiralled from online condemnations of the tax hikes into mass rallies demanding a political overhaul. Read: Kenya protests continue amid Ruto tax climbdownAnger spreadingTurmoil is spreading. Kenya managed to avoid default by issuing more debt earlier this year - but at a punishing interest rate above 10 percent.
