A massive gathering of roughly 20,000 protesters erupted in Prague as part of an organized demonstration against the policies advocated by the International Monetary Fund (IMF) and the World Bank. Activists from various backgrounds congregated outside the conference venue, driven by a collective concern regarding the adverse impacts of globalization on local communities, economies, and the environment. The protests were characterized by slogans denouncing neoliberal policies and calls for greater economic justice.

As the demonstrations progressed, tensions intensified, and skirmishes between protesters and law enforcement began to unfold. Initially intended to be peaceful, the protests soon turned violent with protesters clashing with police who used tear gas and rubber bullets to disperse crowds. The confrontations underscored the deep-seated frustrations many had towards the global financial institutions, which were blamed for perpetuating inequalities. The violence drew international media attention and raised questions about the right to protest in the face of policy decisions made by global powers.

The Prague protests were significant in shaping the global anti-globalization movement. They highlighted the growing opposition against neoliberalism and the policies of large financial institutions, illustrating the frustrations held by many groups around the world. During the climactic moments, the image of the protest became a powerful symbol of resistance against perceived economic injustice and sparked further activism across Europe and beyond, resulting in a resurgence of movements focusing on social and economic issues.