Archive

26.10.2018 - 22:17 [ teleSUR ]

Report: Argentine ‚Women Among Most Affected by Austerity Policies‘

“Women are among the most affected by austerity policies,” Argentina’s Center for Political Economy concluded in a recent report, which shows Argentine women have been more severely impacted by low-quality employment, budget cuts and poor execution of budgets, inflation, and poverty during the government of President Mauricio Macri.

21.10.2018 - 14:52 [ New York Times ]

In Ireland, a Picture of the High Cost of Austerity

(28.6.2010) Rather than being rewarded for its actions, though, Ireland is being penalized. Its downturn has certainly been sharper than if the government had spent more to keep people working. Lacking stimulus money, the Irish economy shrank 7.1 percent last year and remains in recession.

Joblessness in this country of 4.5 million is above 13 percent, and the ranks of the long-term unemployed — those out of work for a year or more — have more than doubled, to 5.3 percent.

Now, the Irish are being warned of more pain to come.

22.08.2018 - 21:42 [ teleSUR ]

Ecuador: Government Announces More Austerity Measures, Slashes Ministries

According to local newspaper El Comercio, the reduction in the size of the state will cost the country at least 900 jobs. This, in turn, will have a negative impact on unemployment and internal demand.

David Suarez, of the Center for Economic and Social Rights (or CDES), tweeted “the announced economic measures reveal that we are taking the path of the sacrifice demanded by the International Monetary Fund (IMF). Austerity continues by the drop. Austerity for us, debt forgiveness for economic groups #ItIsNotTheGovernmentofAll #EconomicMeasures.”

02.05.2018 - 20:18 [ teleSUR ]

Puerto Rico: Thousands March Against Govt’s Austerity Measures on International Workers‘ Day

Thousands of protesters took to streets in Puerto Rico’s capital, San Juan, to protest government’s austerity measures, school closures, and slow recovery in the aftermath of Hurricane Maria on the International Workers‘ Day Tuesday and were confronted by brutal police repression.