After a year of labor actions and demands for higher wages to combat high inflation, negotiations between trade unions and employers at the municipal and federal levels head into their third round next week.
The walkout comes a day after members of Parliament approved an anti-strike bill that, if made into law, would enforce “minimum service levels” for railroads and emergency services, Julia Conley reports.
Despite the evidence of price gouging, Joe Biden has so far declined to endorse a windfall profits tax, opting instead to demand voluntary action from fossil fuel executives.
The anti-inflation policies driven by the U.S. and the Eurozone are not going to ease the burdens on the working class in their countries and certainly not in the debt-ridden Global South, writes Vijay Prashad.
As the West is busy dealing with its own economic woes while cutting off Russian exports, little heed is being paid to those suffering the most, writes Ramzy Baroud.
For an explanation of the massive inflationary wave that is now cresting on the world and causing widespread suffering and instability, Vijay Prashad turns to U.S. economic policy.