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July 7, 2024
we begin in france, where unions will be staging strike action today against the governments pension reform plans. the government is aiming to raise the retirement age from 62 to 64 years. today marks the sixth day of strikes and protests since midโjanuary, and unions say it will be the biggest yet with workers across a range of sectors expected to mobilise. teachers, gas and electricity workers, train drivers, and industrial workers are all expected to join. part of the french gover...
March 7, 2023
Reserve has raised interest rates eight times in the last year. recent reports show that the rate of inflation may have slowed somewhat but the overall cost of living is still really high. lawmakers are likely getting an earfulfrom high. lawmakers are likely getting an earful from their constituents who say they can barely make ends meet. it is likely this message that will be delivered to mr powell more than once. there also be those on capital hill who will accuse the central bank of being too...