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On September 20, EU Economics Commissioner Valdis Dombrovskis stated at an informal meeting of EU finance ministers in Denmark that the European Commission hopes to finance Ukraine in 2026 through a so-called "compensatory loan" using Russian assets. Dombrovskis said during a press conference: "Thats right. I outlined the concept of such a compensatory loan at the meeting. I want to say that there is a willingness to work constructively together. Indeed, member states consider this a viable approach. Now, we will obviously continue to work hard under all conditions. Because we need to complete all these preparatory work relatively quickly. Ukraine will need this funding starting in 2026."On September 20th, Optus Communications, Australias second-largest telecommunications operator, experienced a 13-hour network outage, disrupting emergency call services and resulting in four deaths. Australian Communications Minister Anika Wells stated on the 20th, "It is unacceptable that Optus failed Australians at their most critical moment." She emphasized that telecommunications companies are legally required to ensure unimpeded emergency call service. The communications regulator has launched an investigation.On September 20th, ECB board member Stournaras said the bank may have completed its current cycle of rate cuts, and any further easing would require a material change in the outlook for inflation and economic growth. He noted that while inflation is expected to remain slightly below 2% over the next few years and risks are tilted to the downside, this alone does not justify further rate cuts. "Overall, in an environment of uncertainty, we are in a good equilibrium—not a perfect equilibrium, but a good one," said Stournaras, considered a dovish policymaker. "There is no reason to adjust interest rates at this point." "We are data-dependent—if we see a change in the situation at our monetary policy meetings, we will adjust accordingly," Stournaras said. "But it would require a material change in the outlook for us to do so." These comments echo recent hawkish stances from some officials. Estonian Central Bank Governor Müller said on Friday that ECB policy was already somewhat accommodative and there was no reason to cut rates further.On September 20th, at NIO Day, NIO Chairman William Li Bin stated that the company is currently working hard to increase production capacity for the all-new ES8. If production capacity still fails to meet demand, NIO will cover the difference from next years NEV subsidy reduction.Ukrainian Security Service official: Ukrainian drones attacked an oil pumping station involved in exporting Russian oil through the port of Novorossiysk.

Recent US Union Victories At Amazon, Starbucks, and Others

Charlie Brooks

Apr 02, 2022 09:20

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Last year, 10.3 percent of pay and salary employees in the United States were union members – less than half the 1983 rate – while union membership in the private sector, which includes Amazon and Starbucks Corp, was only 6.1 percent. In January and February of this year, there were 149 union elections, compared to 103 in the same two months last year.


The following is a list of important recent union wins.

AMAZON

Workers at an Amazon.com plant on Staten Island, New York, voted on Friday to become a union, making it the online retailer's first unionized site in the United States.


The creation of a new, independent union at the No. 2 private company in the United States adds to previous victories for labor organizers in new areas. Not all labor campaigns succeed, as seen by the early outcome of a vote count among Amazon warehouse employees in Alabama.

STARBUCKS

Workers United, an affiliate of the Service Employees International Union, was recently formed by employees at ten Starbucks stores in the United States. Five are located in Buffalo, New York; two are located in Mesa, Arizona; one is located in Seattle, starbucks; and one is located in Knoxville, Tennessee.


As of Friday, at least 170 further petitions for elections had been filed. Over a dozen other cafés will conduct ballot counting in the coming weeks.


Starbucks defeated a union at one of its Buffalo locations.

The New York Times

The New York Times' around 600 designers, software engineers, data analysts, and other technology staff voted in March to join the NewsGuild of New York, which has won a number of previous elections over the last two years.


The March results established the biggest union of bargaining-united technology workers in the United States. Additionally, the NewsGuild represents Reuters journalists based in the United States.

GOOGLE FIBER

Contractors in Kansas City, Missouri, for Google Fiber, a high-speed internet service owned by Alphabet Inc, voted last week to unionize. While just ten employees were participating, it was the inaugural bargaining unit of the Alphabet Workers Union (AWU).


The AWU claims to have grown to 800 members in less than a year since its inception, although those members lack the right to collective bargaining.

INDUSTRY OF CANNABIS

The United Food and Commercial Workers unionized cannabis lab Sonoma Lab Works and cannabis producer CannaCraft Manufacturing in June.


As the number of cannabis cultivators and dispensaries has increased, so has the number of union campaigns in the business. The UFCW said that it has grown to become the biggest union representing cannabis workers in the United States, with more than 10,000 members.

VALLEY OF SILICON

Kickstarter workers chose to become a union in 2020, making it the first large technology business to do so. Workers at Mapbox, a location data business, lost their effort to organize a union in August.


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