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Jul
21
2011
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But there was no recovery for the working class. The bosses used the Great Recession to cut pay and casualise jobs. In the US, unemployment, which had doubled from 5 to 10 per cent, remained stuck at this high level. The boom in oil and commodity prices in late 2010 pushed up the price of household essentials. The poverty rate soared. The situation was no better in Europe where there are 25 million unemployed and the unemployment rate amongst young adults is at 20 per cent or more.
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$2.4 trillion dollars in total
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Jun
8
2011
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Western countries coughed up a bare $40 million in "aid."
Dec
12
2010
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On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.
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The men share a common goal: to protect the interests of big banks in the vast market for derivatives
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Sep
8
2010
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How about when Christine Todd Whitman claims that she was forced by the administration to declare that the air in lower Manhattan was safe to breath, two days after 9/11 so that the markets could be opened and investors could capitalize on the instability?
Aug
27
2010
"Naomi Klein, Hernando de Soto and Joseph Stiglitz"
Jul
17
2010
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This was especially so during the European colonial times, as so vividly examined by Edward Said, in his well-respected book, Orientalism
Apr
5
2009
A new report paints a grim picture of the effect of the global economic crisis on unemployment rates in Egypt
Mar
23
2009
The paper-manufacturing industry in Egypt directly employs 300,000 workers in 130 factories. The total number of workers employed in related sectors that serves this industry amount to 1 million. The sectors is hit hard by the crisis now
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حجم العمالة المباشرة يصل الي 300 الف عامل في 130 مصنعا داخل مصر وهناك عمالة غير مباشرة مرتبطة بالمجال سواء في تجارة الدشت أو المجالات المرتبطة بتلك الصناعة ليصل العدد الإجمالي سواء مباشرة أو غير مباشرة إلي مليون
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حجم العمالة المباشرة يصل الي 300 الف عامل في 130 مصنعا داخل مصر وهناك عمالة غير مباشرة مرتبطة بالمجال سواء في تجارة الدشت أو المجالات المرتبطة بتلك الصناعة ليصل العدد الإجمالي سواء مباشرة أو غير مباشرة إلي مليون
Mar
13
2009
A must read posting..
in list: Egyptian Workers
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While the Shebeen al-Kom factory is making losses, and Indorama is using this as an excuse to cut back on salaries and incentives, how about the mother company? While the Sheeben factory has reportedly made losses of 69 million Egyptian pounds over the past two years, in August 2008 Indorama commissioned "a brand new state-of-the-art compact yarn spinning plant of 26,000 spindles" in Indonesia, and announced an investment of 4 billion rupees (roughly 400 million Egyptian pounds) in a new manufacturing plant in India. Just a few days ago, it was reported that Indorama is establishing "the world's biggest fertiliser complex within its premises at Eleme, River State [Nigeria] at a cost of $2.5 billion."
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