France vs. Inflation--Pension Hikes, Rent Caps, Renationalize Hydro
Aug. 4, 2022
Cost of living measures include pension rises, a cap on rent increases and a civil service pay rise
French lawmakers are to definitively adopt a range of new measures to help struggling households cope with rising energy and food prices, as well as an updated budget that will pay for France to renationalise the electricity company EDF.
After Almost A Month Of National Strike Against The High Cost Of Living, Peoples’ Movements Win The Reduction Of The Cost Of Essentials By 30%.
After three weeks of national strike and nationwide demonstrations and roadblocks in protest against the cost of living crisis in Panama, the right-wing government of President Laurentino Cortizo was forced to engage in negotiations with the organizations behind the protests in Penonomé on July 21.
Only halfway through 2022 and we already are soon going to set a new high for strike days lost for at least the last 13 years in Ontario, with over 800,000 strike days through the first half of the year.
For the third consecutive day, hundreds of independent truckers protested Wednesday at the Port of Oakland. The truckers’ main demand is the repeal of provisions in California State Assembly Bill 5 (AB5), which would eliminate much of the independent trucking industry on the docks. Hundreds of truckers blocked the entrances to the docks with their trucks, bringing operations to a standstill.
Ukraine’s Parliament has passed two bills that obliterate workers’ rights to collective bargaining and other fundamental labour protections, and allow employers to put up to 10% of their workforce on “zero hour” contracts leaving them without any control over their working lives.
If signed by President Volodimir Zelenskyy, the bills will become law. The ITUC Ukraine affiliates FPU and KVPU have condemned the moves.
In the wake of a higher-than-anticipated inflation reading, experts implored the Federal Reserve not to pursue more "aggressive interest rate hikes."
Hotter-than-expected inflation data published Wednesday intensified fears among progressive economists that the Federal Reserve—in its single-minded drive to tame price increases—will needlessly lock in another major interest rate hike at its policy meeting later this month, further suppressing economic demand and moving the country closer to a recession.
![Truckers gather to protest AB 5 at Port of Los Angeles, July 14, 2022 [Photo by Cindy Perez]](https://ecosocialistsvancouver.org/sites/default/files/styles/medium/public/article-image/ef25fa2ccdc4a68f87604bafa0625bb144f89bca.jpg?itok=rKUR-ru_)
