Labor unions called for a “people’s strike” to be held on Thursday in Puerto Rico to protest widespread government cutbacks announced last March in the wake of the economic downturn.
Puerto Rico braces for ‘people’s strike’
Tag Archives: economic
Image experts help job hunters dress to impress
Job seekers struggling with a cutthroat job market are turning to image consultants to give them an edge at interviews. Amanda Sanders, image specialist with New York Image Consultant, told CNN that her clients used to be mostly divorcees or single people wanting to update their look.
Calderon’s Mexico Utility Shutdown: A Bold Reform Move
Economic reform arrived at Mexico’s electrical utility on Saturday night wearing black body armor, crash helmets and ski masks. Flabbergasted workers arriving for early morning shifts on Sunday found thousands of Federal police deployed to enforce a government decree shutting down the company.
Retirement Crisis: Is There a 401(k) Fix?
Over the past 30 years, the way we save for retirement has come to be dominated by one plan: the 401. But the financial crisis and resulting market meltdown showed the 401 to be far from perfect.
Clinton pledges U.S. support for Northern Ireland peace process
In a passionate address to Northern Ireland’s legislature, U.S. Secretary of State Hillary Clinton on Monday pledged Washington’s commitment to the Northern Ireland peace process.
Turkey plays down tensions with Israel
Turkey urged Israeli officials to use “common sense” Monday as it tried to play down diplomatic tensions between the two countries over joint military exercises. “It is wrong to derive a political meaning or conclusion from the postponing of the international part of the exercise,” the Turkish Foreign Ministry said in a statement.
First woman wins Nobel Prize for economics
Americans Elinor Ostrom and Oliver Williamson won the Nobel Prize for economics for work on how community institutions can prevent conflict, the Nobel Committee announced Monday. Ostrom becomes the first woman to win the prize in its 40-year history
UK government plans $25B assets sale
British Prime Minister Gordon Brown unveiled plans Monday to sell off state assets worth an estimated 16 billion ($25 billion) as part of moves to reduce the UK’s national debt.
Why Investors Should Bet Against the Dollar
Three days after the Reserve Bank of Australia unexpectedly raised interest rates, the monetary policy committee of South Korea’s central bank held a meeting. The Oct
Turkey, Armenia to sign peace agreement
The governments of Armenia and Turkey will sign a peace agreement in Zurich on Saturday that would normalize relations after nearly a century of animosity between the neighboring nations, the Swiss government said Friday. The signing ceremony comes more than a month after Armenia and Turkey announced they had agreed to start six weeks of “internal political consultations” on two protocols aimed at establishing diplomatic and bilateral relations.