Tag: foreign corporations

UAW Stellantis workers protest in the streets from coast to coast

Tina Marie (Ms. Cat)

WASHINGTON—Back in the days when Stellantis was Chrysler, there was a sense of camaraderie on the shop floor, veteran Auto Workers say. Not anymore. Not under Stellantis. All they perceive now is corporate greed, satisfying investors, and filling honchos’ pockets with workers’ dollars.

UAW Stellantis workers protest in the streets from coast to coast

02-2024: The UAW Strike Saved Their Shuttered Plant, But the Fight Is Just Beginning

Eight months ago, the idling of the Belvidere Assembly Plant had local United Auto Workers questioning their next steps.

2023: Stellantis commits nearly $5B to Belvidere with new UAW contract

The revival of the Stellantis plant is a stunning reversal of fortunes for Belvidere, Ill. But workers say they won’t rest until they see the concrete being poured.

2022: All Biden’s Green Job Losers

Climate industrial policy is costing 1,350 workers their jobs at a Stellantis plant in Illinois.

Is China really buying up U.S. farmland? Here’s what we found

Tina Marie (Ms. Cat)

Is China really buying up U.S. farmland? Here’s what we found

A review by NBC News of thousands of documents filed with the U.S. Department of Agriculture, however, shows very few purchases by Chinese buyers in the past year and a half — fewer than 1,400 acres in a country with 1.3 billion acres of agricultural land. In fact, the total amount of U.S. agricultural land owned by Chinese interests is less than three-hundredths of 1%.

Senator Warner’s RESTRICT Act Is Designed To Create The Great Firewall Of America

Tina Marie (Ms. Cat)2 Comments

from the we-become-what-we-fear dept

Thu, Mar 30th 2023 10:49am – Mike Masnick

Earlier this month, we wrote about Mark Warner’s RESTRICT Act, mainly in the context of how it appeared to be kneejerk legislating in response to the moral panic around TikTok.

Senator Warner’s RESTRICT Act Is Designed To Create The Great Firewall Of America

America with Chinese Characteristics?! /sarcasm

Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market

Tina Marie (Ms. Cat)1 Comment

Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market

However, in a recent address to the press, the US president clarified that resuming oil exports from Venezuela was only one of several options. “There’s a lot of alternatives. We haven’t made up our mind yet,” he told reporters after calling the OPEC+ decision a “disappointment.” Washington has demanded that the Maduro government re-engages in talks with the opposition as a precondition for any changes to its sanctions policy.

Related:

US Plans To Ease Venezuela Sanctions To Let Chevron Pump Oil There Again—Reports

On this day, 24 July 2009, 3,000 steel workers in Tonghua, China rioted and beat an executive to death when threatened with privatization and job losses.

Tina Marie (Ms. Cat)1 Comment

Jianlong Steel Holding Company official Chen Guojun, who earned over 3 million yuan the previous year, planned to take over the majority state-owned Tonghua Iron and Steel Group. He announced plans to cut the number of workers from 30,000 down to around 5,000, with those made redundant receiving around 200 yuan in compensation. The firm was still profitable, but the planned restructuring was aimed at increasing profits further amidst a global economic downturn.

Outraged, the workers shut down production and rioted, beating Chen, blocking roads and smashing police cars to prevent police and ambulances from reaching him.

The sale was subsequently scrapped.

On this day, 24 July 2009, 3,000 steel workers in Tonghua, China rioted and beat an executive to death when threatened with privatisation and job losses.

More:

China, rising wages and worker militancy