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Day: July 16, 2020

Defunding private equity | IUF UITA IUL

U.S. private equity funds are currently sitting on close to a trillion dollars in uninvested funds (‘dry powder’) earmarked for leveraged buyouts – taking companies private, loading them with debt, stripping their assets and selling them on. They continue to…

34 Bangladeshi shipbreaking workers reinstated

On 6 July, 17 cutter workers, together with 17 cutter helpers, were told without prior warning by the employer to not come back to the M/S Motalab Steel shipbreaking yard, due to a lack of work. However, there was a…

Majority of NB nursing home workers ratify new agreement

Today, the majority of the New Brunswick Council of Nursing Home Union (NBCNHU) members approved the tentative agreement reached between their bargaining team and the provincial government. Over the last two weeks, the 51 nursing homes represented by the NBCNHU participated in…