PARIS (Reuters) - Marseille's public administration asked the local state authority on Sunday to requisition striking garbage collection workers, compelling enough of them back to work to maintain a service, two days before the Olympic torch is expected to reach the port city.
WHY IT'S IMPORTANT
The strike, which has been going on since April 30, could tarnish the city's image just when it's in the global spotlight as the Olympic torch... (continue reading...)
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.
The relief across world markets as signs of a softening in the U.S. jobs markets strengthens the case for Federal Reserve rate cuts to start later this year remains palpable.
Not only did U.S. 10-year Treasury yields end Friday down 17 basis points, in their biggest weekly drop of the year, but the S&P 500 stock index had its best day in over two months.
... (continue reading...)(Reuters) - U.S. Vice President Kamala Harris on Monday announced more than $100 million in funding and resources to support American auto workers and small auto suppliers.
Historic contracts secured by the United Auto Workers with the Big Three Detroit automakers and recent organizing victories ensure that these jobs will provide comparable wages, retirement security and respect at work, the office of the VP said in a statement.
... (continue reading...)By Rodrigo Campos
NEW YORK (Reuters) - New York State lawmakers return from a two-week break on Monday with a month left to decide the fate of a controversial bill that aims to streamline sovereign debt restructurings, with hundreds of billions of dollars in bond contracts on the line.
Below are facts about the proposal and potential ramifications.
WHY IS THIS IMPORTANT?
Unlike corporations or individuals,... (continue reading...)
MOSCOW (Reuters) - Russia's tactical nuclear weapon drills are a response to statements from the West about sending troops to Ukraine, the Kremlin said on Monday.
Kremlin spokesman Dmitry Peskov cited comments by the French President Emmanuel Macron on possibly sending soldiers to Ukraine, as well as statements from the British and US Senate representatives.
Military and other special services are verifying reports about deployment of... (continue reading...)
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