World economic crisis, workers fight back

Global markets stabilised at the end of last week but there are deepening concerns that the turmoil resulting from the eurozone financial crisis is only just beginning: here.

Teachers from Patterson attended the Trenton rally

USA: Over 30,000 teachers, public workers, retirees and community activists protested on Saturday in Trenton, New Jersey’s state capital, against Governor Chris Christie’s massive budget cuts: here. And here.

The bill signed last Wednesday by Michigan Democratic Governor Jennifer Granholm changing the Michigan Public Schools Employees Retirement System is a sweeping attack on public school teachers and the state’s educational system: here.

More than 90 percent of Minnesota nurses voted May 19 to reject contract concessions sought by six Twin Cities-area hospital systems: here.

Britain: Civil servants union, the PCS, is gearing up for action to fight over 300,000 public sector job cuts, planned by the Tories: here.

After a 10-day inspection visit, the International Monetary Fund mission to Sri Lanka announced last Thursday that it was “encouraged” by the government’s planned measures to cut the budget deficit: here.

Thousands of would-be students will be turned away next semester, after announcements this month that four New Zealand universities will drastically restrict admissions: here.

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