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US President Trump: I think we are closer to our goal (reaching a ceasefire between Russia and Ukraine) than ever before.On December 16th, the FBI announced the arrest of four suspects on December 15th for plotting bomb attacks at multiple locations in California on New Years Eve. FBI Director Cash Patel posted on social media that the FBI thwarted a "credible and imminent terrorist threat" and arrested four individuals with ties to the Los Angeles area. These individuals identified themselves as members of a radical wing of the far-left group "Turtle Island Liberation Front" and are suspected of planning attacks using improvised explosive devices at five different locations in the Los Angeles area on New Years Eve. "Turtle Island" is an English name for North America.On December 16th, the Argentine government of President Millai announced adjustments to its monetary policy, stating it would begin an initiative to accumulate its depleted foreign exchange reserves. This represents a step closer to the free-floating exchange rate that investors have long desired. Starting in 2026, the pesos trading band will expand at the same rate as monthly inflation, instead of the current 1%. Novembers price increases of 2.5% mean that the trading band could expand at more than twice the current rate in the short term. The central bank stated on Monday that it will also begin accumulating reserves, with a base case scenario target of purchasing $10 billion next year, the specific amount potentially increasing based on currency demand. Following this news, Argentine sovereign bonds surged across the board. The more liquid bonds maturing in 2035 rose by more than 1 cent, reaching nearly 73 cents.On December 16th, local time, Ukrainian President Volodymyr Zelensky and German Chancellor André Merz held a joint press conference in Berlin. Zelensky stated that the US delegation did not make any demands on Ukraine regarding territorial concessions, but merely conveyed Russias position. Regarding the question of whether the US demanded Ukraine withdraw from the Donetsk region, Zelensky said: "I dont think the US made any demands. I believe we are strategic partners. Therefore, I would put it this way: we have heard statements from the US regarding Russian territorial claims or demands. We consider these to be Russian demands." He also stated that Ukraine had conveyed its position to the US.Lockheed Martin (LMT.N) has completed production of its first F-16 Block 70 fleet, delivering them to Bulgaria and Slovakia.

Analysis-Amazon Win Offers Unions Hope, But Problems Remain

Haiden Holmes

Apr 02, 2022 09:27

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The news on Friday that the United States' first-ever union would be joining the country's second-largest private employer ricocheted across labor organizations, as they started to see a road forward for enlisting employees and reversing decades of decline in their numbers.


Amazon now seems to be a more manageable target for them, albeit it remains a difficult one. Around 55% of votes cast at the Staten Island site went to the Amazon Labor Union (ALU), a newly formed organization led by former Amazon employee Christian Smalls.


The corporation said that it may submit objections and that regardless of whether or not the ALU's victory is formalized, it must still win a contract.


This may be as difficult as winning an election, according to Gregory DeFreitas, a Hofstra University professor of labor economics.


According to a federal document, Amazon spent more than $4 million on labor consultants in 2021 to attempt to convince employees.


"Amazon just has enormous resources for fighting unions and an enormous willingness to do whatever it takes to stay union-free," said John Logan, a San Francisco State University professor who researches anti-union operations.


Duplicating Amazon's success may be challenging. Local expertise and warehouse experience aided the ALU's leadership, which at times attempted to disassociate themselves from the efforts of national labor organizations.


"What succeeds are the leaders who employees know and trust," said Burt Flickinger, managing director of retail consultant Strategic Resource Group, who assisted several unions on organizing Amazon. Flickinger anticipates union organizing efforts to concentrate on more warehouses and Amazon-owned Whole Foods Market locations, noting that unions will need to rebuild depleted financial coffers in order to organize.


The victory in New York follows numerous previous victories at Starbucks coffee outlets. Additionally, it contributes to the perception that the labor movement is evolving. According to Joshua Freeman, a history professor at the CUNY School of Labor and Urban Studies, the ALU used creative organizing strategies, gaining momentum via social media.

The ALU solicited funds through a GoFundMe page.

Simultaneously, established unions are attempting to assist ALU leader Smalls. The Service Employees International Union (SEIU) is extending "any assistance we can," according to Mary Kay Henry, the union's president.

'SPREAD LIKE A BURNING FIRE'

On Friday, the renewed purpose was obvious among union leaders.


The Teamsters, who have been a stalwart opponent of Amazon's refusal to unionize one of its US locations for years, are continue their struggle "on the work floor, at the negotiating table, and on the streets," General President Sean O'Brien stated after the ALU's triumph.


At the SEIU's national headquarters, people cheered and leapt with excitement.


In an interview, Henry said, "This will spread like wildfire." "It's a great source of encouragement for employees opposing the five main airline businesses, for workers battling Starbucks."


Though not finalized, a lost union vote at Amazon's Bessemer, Alabama warehouse prompted some to fear that the ALU's triumph would be limited to labor-friendly states such as New York. That is not the case, according to Logan, the labor professor.


The next battleground will be on Staten Island this month at a second Amazon facility, but some of the company's food workers, as well as other employees and contractors, are mobilizing in Seattle.


"Suddenly, attempting to create a union at Amazon does not seem so pointless," Logan said, adding, "If you can win at Amazon, you can win elsewhere."