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On September 14th, the Shanghai Municipal Medical Insurance Bureau, the Shanghai Municipal Health Commission, and the Shanghai Municipal Center for Disease Control and Prevention jointly issued a "Notice on Matters Concerning the Use of Accumulated Balances in the Individual Medical Insurance Accounts of Shanghai Employees to Pay for Non-Immunization Program Vaccines." The notice clarifies that starting September 15, 2026, insured individuals in Shanghai can use accumulated balances in their individual medical insurance accounts to pay for vaccines and injection service fees for non-immunization program vaccines listed in the vaccination catalog administered at designated medical institutions. This also supports family-based medical insurance contributions, further reducing the burden of vaccinations for citizens and contributing to the construction of a healthy Shanghai.On September 14th, UBS precious metals strategist Joni Teves noted in a report that gold investors may have already turned their attention to the situation following the next action by the Federal Reserve. She expects the market to have largely priced in the rate hike and will focus more on other reasons to buy gold, such as its attractiveness as a diversification tool and the continued robust demand from official sectors. She added that India is approaching its peak gold demand season, and investment activity in China also appears to be providing support for the gold market. She believes that gold prices may remain volatile in the short term, but the possibility of further gains by the end of the year is increasing. She pointed out that even if the Fed raises rates in September, gold may still experience a "reflexive pullback," but this will not disrupt the overall recovery trend.At the close of the morning session, most domestic futures contracts fell. On the upside, SC crude oil rose nearly 12%, polysilicon rose nearly 4%, and asphalt, container shipping to Europe, and fuel oil rose more than 3%. On the downside, glass and soda ash fell more than 5%, caustic soda fell nearly 4%, Shanghai tin fell more than 3%, synthetic rubber, No. 20 rubber, and polyvinyl chloride (PVC) fell more than 2%, and rubber fell nearly 2%.The SC crude oil futures contract surged 12.00% intraday, currently trading at 907.30 yuan per barrel.On September 14th, Futures reported that the SC crude oil main contract surged 11.12% intraday, currently trading at 900.00 yuan/barrel, marking its first surge since its listing.

Amazon union vote counts are scheduled on Thursday; turnout in Alabama has decreased

Haiden Holmes

Mar 31, 2022 10:40

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Reuters reports that On Thursday afternoon, labor board authorities anticipate to begin tallying ballots cast by Amazon.com Inc warehouse employees in New York City and Alabama in separate races that will determine if Amazon sees a U.S. workplace unionize for the first time.


Amazon workers in Bessemer, Alabama, voted in a re-election after rejecting joining the Retail, Wholesale, and Department Store Union (RWDSU) by a more than 2-to-1 majority last year. After discovering that Amazon had tampered with the vote, the National Labor Relations Board (NLRB) ordered a rerun.


The RWDSU reported on Wednesday that voter turnout in Alabama was down from last year. In the current election, around 39 percent of the 6,143 employees authorized to receive postal votes voted, down from more than 50 percent in 2021.


Workers in New York City's Staten Island borough had several hours remaining to vote on Wednesday, although turnout was not yet known.


The counts for Bessemer and Staten Island are provisionally slated to begin at 1 p.m. Eastern Time on Thursday, but that might change, according to an NLRB representative. Counting might take many days.


According to John Logan, a labor expert at San Francisco State University, the low participation may speak well for Amazon's union supporters.


"Supporters are more likely to be strong union voters," he added, adding that generalization was difficult. "Even a close election will be a type of morale booster and moral win for the RWDSU."


Amazon forwarded questions about the vote count and turnout to the National Labor Relations Board.


Parties in the Bessemer election, according to the RWDSU, have disputed hundreds of votes as invalid for counting, citing, for example, voters' employment dates, job classification, or other concerns.


These issues will be resolved once the remaining votes are tallied, and they have the potential to change the result of a tight election.