US defies China in currency row

first_img KCS-content US defies China in currency row whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com whatsapp Wednesday 29 September 2010 11:52 pmcenter_img Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Show Comments ▼ THE RISK of a global currency war escalated yesterday as the US passed a measure threatening trade with China in response to its efforts to keep the yuan undervalued. Politicians voted 348 to 79 in favour of a measure that would allow – but not require – the US Department of Commerce to assess levies on goods imported from China or other countries if it determines their currency policies amount to an unfair subsidy.About 100 Republicans joined with Democrats to pass the legislation.“The reason that I’m pushing China about their currency is because their currency is undervalued,” said President Barack Obama acknowledging that many believe Beijing is managing the yuan to make Chinese exports cheaper, while hitting US sales to China. In a sign of growing impatience at the slow pace of talks with Beijing, other politicians were more outspoken, with Republican representative Mike Rogers describing China’s efforts as “manipulation”. “They cheat to steal our jobs,” he told the House.The rules still require approval from the Senate and Obama himself, and are not expected to become law until after the congressional elections on 2 November. Many American politicians hope the threat of legislation will be enough to push the Chinese government into action. However, some economists are sceptical of the bill’s impact on America’s trade deficit. “We consume a lot. The Chinese save a lot. We’re going to run a trade imbalance with them,” said Derek Scissors, an economist at the Heritage Foundation think-tank. America has stepped up its pressure on China this month, with treasury secretary Tim Geithner pledging to use “all the tools we have” to halt the widening trade gap between the two economic powers. Obama met with Chinese premier Wen Jiabao at the UN last week, but aides reported that China continued to resist calls to revalue the yuan. The People’s Bank of China posted a statement on its website yesterday pledging to increase the flexibility of its currency, a move the central bank has made several times since cutting the yuan’s peg to the dollar in June. The currency rose two per cent against the greenback in the summer. Brazilian finance minister Guido Mantega warned on Tuesday that “we are in the midst of an international currency war” as countries attempt to boost their flagging economies by weakening currencies. Japan has already intervened in the foreign exchange market, buying around $21.5bn (£13.6bn) in dollars this month to weaken the yen. Tags: NULLlast_img read more

Fortum disappoints on Russia

first_img Finnish utility Fortum reported a surprise fall in fourth-quarter profit yesterday, hurt by a weaker than expected performance by its main power generation unit and in Russia. October to December comparable operating profit fell five per cent to €541m (£461m), missing the average forecast of €613m. Fortum also proposed a 2010 dividend of €1.00 per share, in line with expectations. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald KCS-content Tags: NULL Wednesday 2 February 2011 7:29 pm center_img whatsapp Fortum disappoints on Russia Show Comments ▼ More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Sharelast_img read more

UK unemployment in surprise jump

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com UK unemployment in surprise jump UK unemployment rose by 44,000 to almost 2.5m in the three months to the end of December, according to official figures.The UK unemployment rate is now 7.9 per cent.Meanwhile the number of people claiming Jobseeker’s Allowance increased by 2,400 last month to 1.46m.Other data from the ONS showed that average earnings rose by 1.8 per cent in the year to December. whatsapp John Dunne Show Comments ▼center_img Share Wednesday 16 February 2011 4:59 am whatsapp Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap Tags: NULLlast_img read more

I’d invest £500 in this FTSE 100 high-dividend-yield stock today

first_img See all posts by Manika Premsingh Enter Your Email Address Our 6 ‘Best Buys Now’ Shares I’d invest £500 in this FTSE 100 high-dividend-yield stock today  Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline. The Motley Fool UK has recommended AstraZeneca. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” The FTSE 100 pharmaceuticals and consumer healthcare giant GlaxoSmithKline (LSE: GSK) saw a sharp fall in share price earlier in February. The price fell over 4% after the company released its 2019 results. More than a week later, the price is still in free-fall. It was down 7.3% at the last close compared to the day before the results. It’s now at levels not seen since October. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…On the face of it, there’s little not to like about GSK’s results. 2019 was another year of increases in both revenue and earnings, and the company has also improved its cashflow for the second year straight. So why the fall? And is this a buying opportunity or a sign of worse to come?The future of dividends In a statement that has a direct bearing on investors’ income, GSK said “Expect 80p dividend for 2020”. This is in keeping with its dividend policy for the past few years. At the present share price, this amounts to a dividend yield of 4.75% for the year (higher than the average for the FTSE 100). In other words, if I buy the GSK share today, my passive income from the share will be just shy of 5%.  However, in the same breath the company has also said that the expected adjusted earnings per share (EPS) is likely to decline by 1%–4%, after increasing to 123.9p for 2019. A lower EPS increases the likelihood of a dividend cut since the company needs to earn enough to provide an income to its shareholders.As far as this bit of guidance is concerned, I’m not worried, at least for now. Even if we assume a worst-case scenario, of a 4% decrease in EPS, the number is still at approximately 119p. With the dividend per share at 80p, the dividend cover is still a comfortable 1.5 times. Rising debts What I’m more concerned about is GSK’s rising debt level, which has increased by 16.6% over the past year. In relative terms, the number isn’t all that bad. GSK’s debt-to-equity ratio, a measure of a company’s financial health, is at 2.5 times. This is higher than other pharmaceutical peers like AstraZeneca, whose ratio is less than 1.5 times. But in the context of GSK’s own past performance, it shows an improvement. In 2018, GSK debt-to-equity ratio was almost 6 times. This means that in one year the ratio has actually more than halved, even if the absolute amount of debt has risen. I’d keep an eye out for the company’s debt numbers, but for now my concerns are muted.  Healthy capital returns GSK has also given healthy returns to shareholders. In 2020 so far, its share price on average is 12.3% higher than in 2019, despite the latest decrease in share price. Besides this, it offers two other important advantages. One, it’s a defensive stock, which means it’s relatively insulated from cyclical slowdowns. Two, it offers a healthy dividend yield compared to other growth stocks.  In my view, the fall in price is a chance to buy a share that offers growth and dividends. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Manika Premsingh | Friday, 14th February, 2020 | More on: GSK I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

Dickson extends stay at Franklin’s Gardens

first_imgNORTHAMPTON, ENGLAND – SEPTEMBER 23: Lee Dickson passes the ball during the Northampton Saints training session held at Franklin’s Gardens on September 23, 2010 in Northampton, England. (Photo by David Rogers/Getty Images) Dickson during training with SaintsNorthampton Saints today announced that Lee Dickson has extended his contract with the club by a further two years.The 26-year-old scrum-half, whose current deal still had one year to run, will now remain at Franklin’s Gardens until at least the end of the 2013/14 season. It is also Dickson’s third contract with the Saints, after having joined from Newcastle in the summer of 2008.In his three years at the club Dickson has earned winners’ medals in the European Challenge Cup and LV= Cup, and has helped the Saints reach their first Heineken Cup final in over a decade. He also started in the England Saxons’ Churchill Cup final success over Canada last summer, the second time he has won the tournament.So far he has worn the black, green and gold 88 times, scoring 10 tries, and is looking forward to running out at Franklin’s Gardens plenty more times in the next three seasons.“It’s a great club to be at,” Dickson said. “The squad and players are brilliant and it’s been the best move I’ve ever made in my career. I’m lucky to be a part of a club that’s going places and it’s been really enjoyable to be a part of something that is getting better every season. I love playing in front of the Saints fans as well, who whether we win or lose always get behind us. “Over the last three years Lee has shown time and again how important he is to the team and I’m delighted that he has decided to sign a new contract, especially as he still had time to run on his last one,” Mallinder commented. “Lee plays at a consistently high level and demands the best from both himself and the rest of the players around him.“From the coaches’ point of view it is important that we are keeping our core group of players together. It takes time to build a team that can compete at the top end of the Premiership and in the later stages of the Heineken Cup on a regular basis. We now have a group of players who have been together for a few years already but who are still young enough to keep developing and growing as a team.” “This season has been a bit frustrating for me. I like watching rugby, but not when I’m injured and want to be out there, and I’m really appreciating every game that I play.“I haven’t been surprised by how far we’ve come in the past three years. A special group of guys have been brought together at Franklin’s Gardens, and we’re growing together all the time. Jim, Dorian and Paul are also really ambitious coaches and want to win every game going. That’s what I’m about and what the club’s about, too.”Director of rugby Jim Mallinder says that Dickson’s new contract is a statement of intent for both the player and the club. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

Anglican bishops join other faith leaders to criticize British ‘two-child’…

first_img Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Associate Rector for Family Ministries Anchorage, AK Associate Rector Columbus, GA [Anglican Communion News Service] A group of 60 Anglican bishops have been joined by other faith and charity leaders to criticize a British government cap on the number of children in a family who count for welfare purposes. Tax credits and universal credits are two welfare benefits paid to unemployed people and those on low-incomes. Since last year, calculations of the amount families receive have been restricted to count no more than two children. In a letter published in The Times newspaper April 6, faith leaders say it risks tipping “an estimated extra 200,000 children into poverty.” Tags Rector/Priest in Charge (PT) Lisbon, ME Ecumenical & Interreligious Youth Minister Lorton, VA Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Featured Events Rector (FT or PT) Indian River, MI April 6, 2018 at 6:03 pm It’s OK to complain if the Church is willing to pick up the cost of additional children pas the two. AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis April 6, 2018 at 8:58 pm So, in the U.S., taxpayers are allowed to deduct from income tax an unlimited number of children. How does this relate to the topic being discussed? This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Missioner for Disaster Resilience Sacramento, CA Family Ministry Coordinator Baton Rouge, LA Anglican bishops join other faith leaders to criticize British ‘two-child’ welfare cap Rector Shreveport, LA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Dani Rice says: An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Assistant/Associate Priest Scottsdale, AZ Rector Bath, NC Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Course Director Jerusalem, Israel Director of Music Morristown, NJ Rector Knoxville, TN Rector Tampa, FL New Berrigan Book With Episcopal Roots Cascade Books Rector Hopkinsville, KY The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Bob Thwing says: Assistant/Associate Rector Morristown, NJ Caroline Stevenson says: Submit an Event Listingcenter_img Priest Associate or Director of Adult Ministries Greenville, SC Press Release Service Posted Apr 6, 2018 TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Collierville, TN Rector Smithfield, NC Priest-in-Charge Lebanon, OH April 9, 2018 at 7:07 am Caroline, where in the article was the U.S. tax deduction mentioned? Actually, I’m in favor of the British approach – to a certain extent. Any children currently “in existence” (including in utero) would be covered, but no future children, and however many children you have when you are accepted into the welfare system are all that will be covered. National Health already pays for birth control, and if you are unable to care for the children you already have, then don’t have any more. That’s what the rest of us do. Assistant/Associate Rector Washington, DC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Bob Thwing says: Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Albany, NY Rector Belleville, IL Comments (4) The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Comments are closed. April 9, 2018 at 10:54 am Right On! We shouldn’t be enablers. Submit a Press Release Curate Diocese of Nebraska Associate Priest for Pastoral Care New York, NY Curate (Associate & Priest-in-Charge) Traverse City, MI Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Cathedral Dean Boise, ID Canon for Family Ministry Jackson, MS Rector and Chaplain Eugene, OR Rector Pittsburgh, PA Anglican Communion, Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Martinsville, VA Submit a Job Listing Bishop Diocesan Springfield, IL Featured Jobs & Calls Rector Washington, DC Director of Administration & Finance Atlanta, GA last_img read more

The best news of the week

first_img Save my name, email, and website in this browser for the next time I comment. TAGSGood News Previous article7 Ways to Make Your Backyard More InvitingNext articleIncreased suicide rates among middle-aged Americans: Let’s Talk About It Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here Please enter your comment! Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 You have entered an incorrect email address! Please enter your email address here LEAVE A REPLY Cancel reply Support conservation and fish with NEW Florida specialty license plate The Anatomy of Fear Share on Facebook Tweet on Twitter 7 “good news” stories this week in The Apopka Voice:Here are seven articles published this week in The Apopka Voice that will enlighten, inspire and engage you. Enjoy.Wekiva grad a first round choice in Major League Baseball draftNelson hires new Finance DirectorBill Arrowsmith Street and Billie Dean Avenue? City Council gets specificLocal leaders of tomorrow: Apopka Youth WorksUpdating: Missing 16-year-old Apopka girl foundBreaking News: Apopka Fire Department responds to reported Rock Springs Ridge fireMusic, vacations and baseball: It’s a Summer Vibelast_img read more

It’s a battle of the All Black tens as both Carlos Spencer and Beauden Barrett post similar trick shots

first_imgThursday Apr 2, 2020 It’s a battle of the All Black tens as both Carlos Spencer and Beauden Barrett post similar trick shots With New Zealand in lockdown due to the Covid-19 pandemic, many rugby players are turning to social media to share their creative antics with the world. And two of the greatest ever have joined in, as All Black legends Beauden Barrett and Carlos Spencer show here.ADVERTISEMENTThe debate surrounding New Zealand’s greatest ten is one that will go on as long as the game of rugby is played.Grant Fox, Dan Carter, Andrew Mehrtens and Carlos Spencer are usually on the list. More recently, it’s Beauden Barrett that many say is the best rugby player on the planet, therefore bringing him into the mix.Whichever side of the argument you’re on, we’ve been treated to a bit of a skills show by he and Spencer, as both have uploaded videos showing them doing trick shot challenges.Barrett had a go with his kick-to-basketball-hoop, as can be seen below via his instagram.ADVERTISEMENTHowever, Spencer and his son Payton have upped the ante, doing trickshots every day while in isolation. Payton has been uploading them to his TikTok account, and some of the skills on show are genuinely brilliant.Day 1 was simply some training, so we haven’t bothered to include that here, but above is day two and then below you can continue to see the rest.On day three, it was a punt straight into the hoop, similar to what Barrett did. But, no surprise, King Carlos nailed it on just his second attempt.On day four they went a bit more traditional, with a kick ‘at goal’ from a tee on the floor.ADVERTISEMENTAs you can see, talent is in his blood, as Payton mixes it up with his old man without too much trouble.Day five is perhaps the most fun to see, as fans of Carlos will remember all too well that he was a big fan of the reverse, no look kick.Both father and son impress here.They will continue to keep these coming, no doubt, so make sure you follow them on tiktok and if not, we’ll share the best of them here as they come out.Let us know in the comments what you think of these! And feel free to submit your own via our Instagram or Facebook. Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsDoctors Stunned: This Removes Wrinkles Like Crazy! (Try Tonight)Smart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Iowa McDonald’s workers join nationwide walkouts

first_imgMcDonald’s workers in Cedar Rapids and Des Moines went on strike for “living wages and better working conditions” as part of a national day of action May 23.McDonald’s, the most profitable fast food chain in the world, is the second-largest private sector employer in the U.S. Last year the company generated more than $38.5 billion in sales from its 14,000-plus U.S. stores and $7.7 billion in revenue.Despite the company’s success, its workers barely survive. Many are forced into poverty and rely on public assistance and second jobs. They can barely pay their bills — let alone afford necessities.The strikes were organized by Fight for $15 to coincide with a McDonald’s shareholders meeting in Dallas. The strikes in Cedar Rapids, Des Moines and more than a dozen cities nationwide focused on the need for unions, wage increases and better working conditions.The strike also highlighted issues within the food service industry that far too many shy away from addressing: sexual harassment and workplace violence.Shortly before the strike, 23 complaints of gender-based discrimination and sexual harassment were filed against McDonald’s by Fight for $15, the TIME’S UP Legal Defense Fund and the American Civil Liberties Union.Shawn Sebastian, movement politics organizer for Iowa Citizens for Community Improvement Action Fund, told Workers World, “Sexual harassment at McDonald’s is widespread and systemic across its locations, and sexual harassment at McDonald’s franchises in Iowa is no exception.”“Brave workers in Cedar Rapids and Des Moines, who had experienced sexual harassment, stepped out from behind the counters and onto the strike line to take a stand,” Sebastian noted.The National Employment Law Project released a report May 22, “Behind the Arches: How McDonald’s Fails to Protect Workers from Workplace Violence.” The report found “a pattern of violence” in McDonald’s restaurants, “from belligerent customers irate over missing ketchup or straws, to armed criminals demanding cash and fist fights among customers in the lobby.”According to he report, “Verbal threats, harassment and other types of assault often go unreported to the authorities. Regardless of media attention, these incidents of workplace violence regularly place both workers and customers at risk.”Both Iowa demonstrations were supported by the Service Employees Union (SEIU). There was also a strong turnout of Iowa CCI members, as well as unionists, on the pickets.While McDonald’s was the main target, the message also being sent by the workers was directed at all food service companies, corporations and elected officials.  Cedar RapidsAt 7 a.m., more than 50 McDonald’s workers and allies formed a picket line outside the storefront of a “Mickey D’s” on 1530 1st Avenue East. With the number of people coming and going, the turnout was probably as many as 100. They marched through the restaurant’s drive-through, chanting, “Hold the pickles, hold the fries; make our wages supersize!”The speaking portion of the rally was led by SEIU Local 199 President Cathy Glasson. Workers shared their stories, grievances and demands.Cedar Rapids McDonald’s employee Kelly Osburn provides for her 5-year-old grandson. She joined the strike because she “works very hard for a very small wage” and supports the call for a union, higher wages, sick leave and paid vacation.In a video message directed at McDonald’s, Osburn said, “We’re the ones running your company, not you guys sitting on the fat paychecks. We are making the Frappés, we are making the hamburgers, and we make $8.25 an hour. It’s just not fair.”Des MoinesAt noon the same day, more than 100 McDonald’s workers and supporters rallied outside the restaurant at 3610 Merle Hay Road. Again, with people coming and going, the turnout numbered in the hundreds.Several strikers carried signs with slogans like “Raise the minimum wage,” “Iowa needs unions” and “We can’t survive on $7.25,” a reference to the current state minimum wage. Among the rallying cries, strikers chanted, “We work! We sweat! We want $15 on our checks!”Iowa CCI organizer Sebastian said in Des Moines that, like in Cedar Rapids and other cities, workers stood “shoulder to shoulder” with community organizations “to take a stand against corporate power and sexual harassment and for $15 and a union.”The strikers were joined by New York City Mayor Bill de Blasio, who recently announced his candidacy for president. His appearance made local headlines, but almost obscured the fact that this was an event of and by the workers.A movement of and for workersIn other parts of the country, a handful of Democratic presidential candidates voiced support for the strikers, including Bernie Sanders, Julián Castro, Jay Inslee and Cory Booker.While much of the media spotlight was cast on the presidential hopefuls who joined the rallies, the workers are taking the biggest risk by standing up for their rights. They are not political props. They are fighting for their lives.The fact that presidential candidates have taken notice is a testament to the years of organizing by workers in these sectors. Since 2012, workers across the country have fought for $15 hourly wages and the right to form a union. The Fight for $15 came to Iowa three years later.The May 23 strike represented not just the ongoing struggle of fast food employees, but all workers confronting the high-tech nightmare of late-stage capitalism.This movement was started by workers, and workers are still leading the charge.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Southern cities hit hard by storms face new crisis: No water

first_img WhatsApp Pinterest Twitter Facebook Facebook TAGS  WhatsApp Snow begins to accumulate as San Antonio police officers gather near the Alamo, Thursday, Feb. 18, 2021, in downtown San Antonio. Snow, ice and sub-freezing weather continue to wreak havoc on the state’s power grid and utilities.center_img By Digital AIM Web Support – February 19, 2021 Southern cities hit hard by storms face new crisis: No water Twitter Local NewsBusinessStateUS News Pinterest Previous articleTahoe setting is ‘mic drop’ moment for outdoor NHL gamesNext [email protected] Digital AIM Web Supportlast_img read more