A new survey by the International Trade Union Confederation finds that the U.S. ranks at the bottom of the list for worker’s rights among developed economies.
Labor violations are also at a seven year high globally, the ITUC finds.
International
Spain Nationalizes Private Hospitals, Declares Coronavirus Lockdown
Spain has nationalized all private hospitals in effort to contain coronavirus outbreak. The European nation also declared a state of emergency, placing the country in lockdown.
Mexico to Raise Minimum Wage 20%
This is the second major increase in the minimum wage, which was raised by 16% in 2019.
Transitioning to Completely Green Economy Would Pay For Itself in Seven Years, Create Jobs Study Finds
The study conducted by a Standford University professor study finds transitioning to 100% green economy would save $11 trillion a year, cost $73 trillion up-front. There would also be a net increase of 28.6 million more jobs.
Corbyn exposes Conservative party talks to put NHS “up for sale” post Brexit
The documents reveal the Conservative party has been in talks with the US regarding methods to raise prices paid by the National Health Service to US firms.
The Financial Times posts endorsement of Labour Party in upcoming UK general election
It’s a little bit like if the Wall Street Journal endorsed Bernie Sanders.
Japan overtakes China as largest holder of US treasuries as China sells off
US Treasury Department data show Japan is now the largest holder of US treasury securities with $1.15 trillion.
China was the previous largest holder but has sold off $49 billion in the last year.
UK Labour Party: Businesses failing to tackle climate crisis will be de-listed from London Stock Exchange
The exchange is the 7th largest in the world with a market capitalization equaling almost $3.8 trillion USD.
Evo Morales, Bolivia’s socialist President, forced to resign after military coup
Bolivian President Evo Morales resigned Tuesday following what is widely regarded to be a military coup. Morales had held the office of President since 2006.
Economic Left 