05/3/13
2013 Workers Protesting In Belgium | Image Credits: Kevin Van den Panhuyzen

Weekly Newsmakers – A Bitter Aftertaste on International Workers’ Day

2013 Workers Protesting In Belgium | Image Credits: Kevin Van den Panhuyzen
Workers Protesting In Belgium | Image Credits: Kevin Van den Panhuyzen via Flickr

May Day, or International Worker’s Day – the global counterpart of our beloved Labor Day holiday – proves to be a heated platform for protests and remonstrations again this year as workers lashed out to lament growing economic unrest this past Wednesday.

Although global ‘Labor Day’ movements seemed to start off ‘quietly’ on May 1st this year, news from Europe gradually filtered into the U.S. as images of disgruntled workers overseas captured the attention of Americans stateside. In Paris, the far-right National Front led a rally through the heart of the city, disgruntled with record-high unemployment levels. Spain’s labor unions rallied in over 80 cities.

In Asia, Bangladeshi garment workers paraded through cities demanding safety measures, progressive benefits, and better working conditions – calls to action that were clearly a response to the Bangladesh garment factory building that collapsed about a week ago and killed hundreds. Indonesians, Filipinos, and Cambodians marched in their respective counties bemoaning the skyrocketing cost of living and endless battles with big business. Indonesia, which ranks fourth in the most populous countries in the world, drew tens of thousands of protesters to assemble for increased wages and for the end to outsourcing jobs to contract workers.

Perhaps some of the most controversial news on International Labor Day came from Greece. In a highly visible and publicized country-wide event, thousands of Greeks walked off their jobs – leaving state-owned hospices and clinics to fend for themselves with emergency employees.  Protesters also created massive disturbances for public transportation. Labor Day marked the second calculated strike against Greek government’s austerity processes this year. Greek labor unions have fought against three years of state-backed economic schemas that have increased taxes and cut salaries and pensions.

What are your thoughts on May Day? Voice your thoughts in the comments section below.

08/24/12

Weekly Newsmakers

Here is our special roundup of the most relevant stories making news around the world.

Apple and Samsung get South Korea bans  BBC News

Kodak to sell film business   CNN, Fortune & Money

The travel business: The ineluctable middlemen  The Economist

German Leader Says Greece Must Remain in Euro Zone  The New York Times

 

 

08/17/12

Weekly Newsmakers

Here is our weekly roundup of the most relevant and interesting stories making news around the world.

The Euro: Tempted, Angela?  The Economist

Streaming music revenues up 40% globally in 2012  BBC News

Europe’s Problems Squeeze Chinese Trade Outlook  The New York Times

Facebook stock hits all-time low as insiders get first chance to sell  CNN, Fortune & Money

 

08/3/12

Weekly Newsmakers

Here is our roundup of the most relevant and interesting stories making news around the world.

Brand New: Emerging-market companies are trying to build global brands

The Economist

2nd Day of Power Failures Cripples Wide Swath of India  The New York Times

Gabby Douglas set for endorsement $ gold   CNN, Fortune & Money

Eurozone companies ‘weak in July’  BBC News

 

07/13/12

Weekly Newsmakers

Here is a special roundup of the international news and stories making headlines this week…

China cuts retail fuel price by 5% as oil demand falls  BBC News

Spain’s to blame for world market slump   CNN, Fortune & Money

Russia’s economy and the World Trade Organization: A Chance to get down to business  The Economist

Advertising Industry: Dentsu of Japan to Buy Aegis of Britain for About $5 Billion  The New York Times