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in EuropePanic on the canals: How a battle over wages in Venice highlights the complicated actuality ignored by policymakers
Consider Venice. Union leaders say the chains — which embody such giants as Hilton Worldwide Brands and Star Hotels and have vital affect over two of the Veneto area’s strongest employers’ federations — have refused their calls for for increased wages since 2018, frequently derailing talks on the eleventh hour to push for concessions that […] More
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in Asia PacificPowell’s Fed not shy about election-year cuts, able to defend job market
JACKSON HOLE, Wyoming – Federal Reserve Chair Jerome Powell made it clear on Friday the U.S. central financial institution wouldn’t draw back from pivoting to rate of interest cuts within the remaining weeks of a presidential election marketing campaign and that defending the job market was now its prime precedence. “The time has come for […] More
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