Vodafone Idea will shut in absence of government relief: KM Birla

Vodafone Idea will have to be closed down if the government doesn’t provide relief that the company has sought, its chairman Kumar Mangalam Birla said. Birla indicated that his group will not invest any money in the company in the absence of relief from the government. “There is no sense that good money should follow … Read moreVodafone Idea will shut in absence of government relief: KM Birla

Oracle Accused by US DOL of Discriminating Against Non-Asian Workers in Recruiting & Hiring; Underpaying Women & Minorities; Hearings Started

An Oracle head of human resources said “Well, if you hire a woman, she will work harder for less money,” according to Kirsten Hanson Garcia testimony, Dec 5, 2019. In the closing days of the Obama Administration, the U.S. Department of Labor filed a lawsuit against Oracle America, Inc.: “The suit also challenges Oracle’s systemic … Read moreOracle Accused by US DOL of Discriminating Against Non-Asian Workers in Recruiting & Hiring; Underpaying Women & Minorities; Hearings Started

Weaker Environment Exacerbates Challenges for APAC Banks

Global macroeconomic challenges are likely to increase pressure on the short-term earnings prospects of investment-grade banks in the Asia-Pacific, Fitch Ratings says in a new report. The report addresses the main questions asked by US and Canada-based investors during a recent tour by Fitch analysts to discuss mainly investment-grade rated banking systems, with particular focus … Read moreWeaker Environment Exacerbates Challenges for APAC Banks

Is a cashless society worth it?

As the country continues its inexorable march towards a cashless society, it’s important to remember the downsides. Via The Adviser. Australia has been just a few years away from being a cashless society for a couple of decades now, but it will eventually get there. Legislation currently before the Senate aims to ban transactions over … Read moreIs a cashless society worth it?

Australian economic view – December 2019

Frank Uhlenbruch, Investment Strategist in the Australian Fixed Interest team, Janus Henderson provides his Australian economic analysis and market outlook. Market review Australian government bond yields initially followed offshore yields higher on optimism that a trade deal was imminent. However, sluggish domestic economic data and Reserve Bank of Australia (RBA) commentary on unconventional monetary policy … Read moreAustralian economic view – December 2019

RBI throws open small finance bank doors to lenders

Non-banking finance companies, co-operative banks and payments banks can now convert into small finance banks (SFBs), which will help improve their reach and access to funds. The downside is that half of their loans will be for borrowers seeking to raise Rs 25 lakh or less as against regular commercial banks which don’t have this … Read moreRBI throws open small finance bank doors to lenders

Northern Virginia Union Official Sentenced for Conspiracy

The identity of Michael Carney’s union forever may remain unknown, but at least Carney himself is getting a measure of justice. On November 8, Carney, a former real estate manager for an unnamed labor union based in Herndon (Fairfax County), Va., was sentenced in U.S. District Court for the Eastern District of Virginia to eight … Read moreNorthern Virginia Union Official Sentenced for Conspiracy

RBI slashes growth forecast, leaves key rate unchanged

The RBI’s monetary policy committee (MPC) on Thursday slashed its GDP growth estimate but disappointed markets and borrowers by keeping its key policy rate unchanged after reducing it five consecutive times in 2019. RBI retained the repo rate at 5.15% even as it cut its GDP growth estimate for 2019-20 by 110 basis points to … Read moreRBI slashes growth forecast, leaves key rate unchanged

‘It’s This Culture of Secrecy That’s Pervading the Courts’ – CounterSpin interview with Melissa Goodman on the PATRIOT Act

Janine Jackson interviewed the ACLU’s Melissa Goodman about the PATRIOT Act for the September 30, 2005, episode of CounterSpin—a conversation that was reaired on the November 29, 2019, show. This is a lightly edited transcript of the rebroadcast. Play Stop pop out X MP3 Link Janine Jackson: Librarians might be described as the canaries in … Read more‘It’s This Culture of Secrecy That’s Pervading the Courts’ – CounterSpin interview with Melissa Goodman on the PATRIOT Act

Herbruck Poultry Ranch, Inc. Pays $93,000 to Settle EEOC Harassment and Retaliation Suit

A Saranac, Michigan egg producer will pay $93,000 and provide other relief to settle a disability harassment lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today. The EEOC charged that Herbruck Poultry Ranch, Inc. violated federal law by subjecting a worker to a hostile work environment because of her disability … Read moreHerbruck Poultry Ranch, Inc. Pays $93,000 to Settle EEOC Harassment and Retaliation Suit

Why Do Western Governments Favor Immigrant-invaders Over Law-abiding Citizens?

Help Truth Survive — Support Your Website Donate: https://www.paulcraigroberts.org/pages/donate/ NOTE: Some readers have asked why I’m not writing about the impeachment proceedings. The answer is that there are no grounds for impeachment. This is a purely partisan exercise of power by the House Democrats and the presstitutes. It is a pointless exercise as I cannot … Read moreWhy Do Western Governments Favor Immigrant-invaders Over Law-abiding Citizens?

Axne Urges Action on USMCA

WASHINGTON – Today, U.S. Rep. Cindy Axne (IA-03) sent a letter to Speaker Pelosi and Majority Leader Hoyer urging action on the United States Mexico Canada Agreement (USMCA). The agreement is in the final stages of negotiations between Congressional leadership and U.S. Trade Representative Robert Lighthizier. With only 9 legislative days remaining before the end … Read moreAxne Urges Action on USMCA

(What’s Left of) Our Economy: New Data Show Continued U.S.-China Decoupling & Broad Trade Performance Improvement

With all the China trade war headlines in the news lately, the release this morning of the latest (for October) monthly U.S. trade data couldn’t be timelier. Indeed, one of the biggest takeaways from the results is that, as has been the case since the conflict began, the decoupling of the American and Chinese economies … Read more(What’s Left of) Our Economy: New Data Show Continued U.S.-China Decoupling & Broad Trade Performance Improvement

New Data on Balancing Family Needs with Work

Among the many challenges for today’s families is the balance between caregiving and the demands of working outside the home. Some workers are even sandwiched between the need to provide both childcare and eldercare. New information from the Bureau of Labor Statistics shows that about two out of three employees have paid time off available … Read moreNew Data on Balancing Family Needs with Work

‘Giuliani Did All the Wrong Things on That Day’ – CounterSpin interview with Wayne Barrett on Rudy Giuliani and 9/11

Janine Jackson interviewed the Village Voice’s Wayne Barrett about Rudy Giuliani and 9/11 for the August 17, 2007, episode of CounterSpin; that conversation was rebroadcast for the November 29, 2019, show. This is a lightly edited transcript. Play Stop pop out X MP3 Link HarperCollins Janine Jackson: “It was so well-orchestrated that you would have … Read more‘Giuliani Did All the Wrong Things on That Day’ – CounterSpin interview with Wayne Barrett on Rudy Giuliani and 9/11

Trump’s Foreign Policy: The Popping Point of Maximum Pressure

Victor Davis Hanson // National Review Donald Trump promised to shake up U.S. foreign policy. He has certainly done that from the Middle East to Asia. The U.S. is currently engaged in a three-front, maximum-pressure standoff with China, Iran, and North Korea — involving everything from tariffs to possible military … Read more →

Temp staffing revenue growth decelerates to median 5% in Pulse Report

Growth in temporary staffing revenue decelerated in October, according to the latest Pulse Survey released this week by Staffing Industry Analysts. Year-over-year revenue growth in temporary staffing slowed to a median 5% in October, down from 7% reported in the previous Pulse Survey covering the month of August and a further deceleration from 9% reported … Read moreTemp staffing revenue growth decelerates to median 5% in Pulse Report