EUR/USD 1.16141
-0.097%
Gold 4434.77
-0.854%
Oil 89.430
-0.234%
USD/JPY 156.234
0.280%
GBP/USD 1.35183
-0.046%
GBP/JPY 211.206
0.242%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 6th, German startup Isar Aerospaces "Spectrum" rocket lifted off from a launch site in Norway, aiming to complete the companys first commercial space mission to reach orbit from the European continent. The rocket, carrying a payload including five small satellites, entered orbit approximately four minutes after liftoff. This was Isars second launch attempt this year, following multiple delays due to weather, technical issues, and interference from an out-of-control vessel. The 28-meter-tall rocket can deliver a 1,000-kilogram payload to low Earth orbit, significantly smaller than SpaceXs rockets. Isar CEO Daniel Metzler, speaking at the companys €270 million ($313 million) funding round earlier this year, stated that the rockets size helps in placing satellites into specific orbits and differentiates it from SpaceXs offerings.Official footage shows that Isars unmanned space rocket has been launched from its base in Norway.The Israeli military stated that due to a misidentification, it fired an interceptor missile at its own drone in the Gaza Strip. The incident is under investigation, but no injuries were reported.Iraqi Oil Minister: Iraq has increased its oil export capacity to more than 3 million barrels per day.On September 6th, Al Jazeera reported that a senior Iranian lawmaker confirmed that Iran had attacked a US warship with ballistic missiles. Hassan Ghashgavi, a member of the Iranian Parliaments National Security Committee, stated, "Yes, we fully confirm this. We are engaged in a life-or-death struggle with the United States. Their military action naturally violates all international law," adding, "Because the United States is far away from us, it doesnt consider this war a matter of life or death." When asked about Iran changing the rules of engagement, Ghashgavi stated that "this blockade should never have existed," pointing to the now-expired memorandum of understanding. "Four days ago, the Iranian president stated at the Bishkek summit that we were ready to return to the negotiating table, but US officials ignored this and instead continued to escalate and strengthen the blockade."

Telmex of Mexico provides new employees with a pension plan that is union-friendly

Skylar Williams

Sep 01, 2022 11:07

9.png



Telmex, the Mexican telecommunications corporation founded by the family of business billionaire Carlos Slim, presented a new offer to union workers on Wednesday, which included enhanced retirement benefits for new hires.


According to a document shared with union employees and accessed by Reuters, new hires will receive a pension equal to one hundred percent of their last net wage upon retirement, based on their job category, after 35 years of service and at age 65.


It was said that this sum would include the pension given by the Telmex contract as well as employee benefits from the Mexican Social Security Institute (IMSS).


The Mexican Telephone Workers Union, or STRM for its Spanish acronym, is likely to submit a counter-proposal, according to a union spokesman, who also noted that the company's overall proposal lacked certain areas that the union wanted to address.


According to a statement made by Telmex, the parties involved, including Mexico's labor minister, have agreed to continue negotiations until September 20.


The union, which represents 60,000 active and retired employees, began a two-day strike on July 21, the first in four decades, after negotiations with Telmex over salary hikes, unfilled job openings, and benefits for new hires broke down.


The strike ended the next day when Telmex, a subsidiary of Slim's America Movil (NYSE:AMX), and the union agreed to form a committee with 20 days to find a resolution.


Telmex's proposal aims to improve perks, including support for new hires purchasing homes through Infonavit, the largest housing finance institution in the state.


The company's proposal did not appear to tackle many previous sticking points, such as the roughly 2,000 open positions.


Telmex wants to enhance its financial resources and invest them in technology and the formation of new enterprises during the next ten years.


The recommendation added, "To make this feasible, we must optimize our resources or reduce our expenses." "We must supply oxygen to the company."

Suggestion