Paraguay crisis deepens as Santiago Pena is impeached, arrested and Pedro Alliana takes over
Paraguay's political and financial crisis deepened on Friday after Congress impeached President Santiago Pena and authorities placed him under house arrest. Senators then appointed Pedro Alliana, the former vice president, as president shortly after the vote, marking a rapid transfer of power in the capital. The move followed the collapse of Uneo Bank, which left almost half the country unable to access their accounts and triggered public anger across the country.Senate President Basilio Nunez said Mr Pena was found guilty of poor performance in his duties after 44 of 45 senators voted for impeachment, with one absent. Prosecutor Silvia Margarita... [Continue Reading]
Sponsored
Lyon strike march turns tense with clashes and tear gas
Tens of thousands of people marched through Lyon on Thursday as France's fourth nationwide strike day of the autumn continued to draw large crowds over pay and public services. The demonstration moved through the eastern centre of the city in a slow, noisy column, with banners and flares at the front. Tensions rose later near Pont Gallieni, where police said a group of around 500 black-clad demonstrators threw projectiles and fired fireworks.Authorities said 30,500 people took part in the march, while the CGT union put the figure at 55,000. Local officials had already restricted demonstrations across much of central Lyon... [Continue Reading]
IG Metall expands strike wave across German industry over pay dispute
Germany's largest union has expanded strike action across the metal and electrical engineering sector in a dispute affecting about 3.7 million employees. The walkouts began on Monday and hit major manufacturers including Audi, Mercedes-Benz and Tata Steel. The union says the action is part of a push for higher wages, stronger job security and profit-sharing arrangements.IG Metall is seeking a 5 percent pay rise, arguing that workers are under pressure from the cost of living. It also wants measures to protect jobs and production sites in sectors that are performing strongly. Employers have offered a one-off payment equivalent to 1... [Continue Reading]
Bangladesh garment factory protests disrupt industrial hubs for third day over wages
Workers in Bangladesh's garment sector continued protests for a third day on Monday, disrupting hundreds of factories across several industrial hubs as they demanded higher pay amid rising inflation. The unrest has spread through Mirpur in Dhaka, as well as Savar, Ashulia and Gazipur, with a heavy police presence reported in the capital's industrial areas. About 500 factories were temporarily shuttered after the demonstrations began on Saturday.Police used tear gas and sound grenades as thousands of workers took to the streets, according to the supplied report. The protests are centred on demands for a minimum monthly wage of 30,000 taka,... [Continue Reading]
More from 360LiveNews Opinion
The Sovereign Shakedown: Trump’s High-Stakes Table, the Russian Mirror, and the Main Street
The veneer of institutional diplomacy has been entirely stripped away, revealing a raw and unvarnished reality. The global order is no longer governed by treaties, norms, or multilateral consensus. It is dictated by the unrestrained exercise of coercive leverage. Under the current doctrine emanating from Washington, the complex machinery of international relations has been reduced to a binary instrument of absolute dominance. We have entered the era of the unilateral ultimatum, where the traditional boundaries of sovereignty are subordinated to the whims of an administration operating less like a representative republic and more like a global syndicate. This is not... [Continue Reading]
THE GROWTH ILLUSION: HOW GDP TRICKERY MASKED THE DEATH OF THE MIDDLE CLASS
We are fed a daily diet of triumphant economic headlines. The S&P 500 hits record highs, corporate earnings smash forecasts, and central bankers beam at GDP charts pointing up and to the right. Politicians line up to remind us how much "wealthier" we are compared to our parents or grandparents. On paper, they are right. The average worker makes vastly more dollars today than at any point in human history. But step outside the spreadsheet and into the street, and the math fails the reality test. If we are so undeniably prosperous, why does buying a modest home feel like... [Continue Reading]

