Economic crisis, worldwide


USA: More than 100 steelworkers, employed at all that remains of a once nearly two-mile-long steel mill in Monessen, Pennsylvania, are being laid off: here.

This video from the USA says about itself:

New York State Union of Teachers (NYSUT), joined the picket line of Brynwood Partners & Stella D`Oro strike workers. On Monday April 27, 2009, NYSUT presented a check of $2,500 for the strike fund, to Mike Fillipo. He is one of the leaders of the strike, Mr Fillipo is a Board member of BCTGM International local 50. The teachers had travel by bus, from Westchester County, to join the Stella D`Oro strikers. NYSUT teachers under the logan: TEACHERS AND WORKERS UNITED WILL NEVER BE DEFEATED. They are committed to support the Stella D`Oro strikers, until it gains it’s victory.

Following an 11-month strike by Stella D’Oro workers in the Bronx, New York, the private equity firm that owns the cookie factory has announced it will close it in 90 days: here.

Stella D’Oro workers: “It is not right if they close down—the fight should continue”: here.

With tens of thousands of workers losing their jobs in Sri Lanka, workers at the Biyagama Export Processing Zone discussed their experiences with the WSWS: here.

On June 26, a comprehensive agreement was announced between Iceland’s government, trade unions and employers’ organisations containing plans for sharp public spending cuts and tax hikes: here.

Full-time job losses accelerate in Australia: here.

Britain: [London Conservative Mayor] Boris Johnson has been criticised after he described the £250,000 he earns from his Daily Telegraph column as “chicken feed”: here.

Visteon asks to pay millions in executive bonuses, here.

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