Antananarivo - Madagascan troops have opened fire on an anti-government demonstration in the capital, killing 40 protestors and injuring 300 more, according to local media reports on Saturday.
Among the dead are thought to be two TV journalists, including a foreign correspondent.
There was no immediate official confirmation of the death toll.
Soldiers fired on the demonstration on the tropical island off south-eastern Africa on Saturday afternoon, as protestors apparently tried to storm the presidential palace.