Marcella Bombardieri, Globe Staff
Unions are said to be having a moment. The story goes something like this: Helped by a presidential administration that touts itself as the “most pro-union in history,” labor unions — after decades of decline — are winning big victories against anti-union corporations and extracting ...
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Real-World Example of Economic Integration The European Union (EU) was created in 1993 and included 27 member states in 2024. Since 1999, 20 of those nations have adopted the euro as a shared currency.3According to data from the World Bank, the EU accounted for roughly 16.6% of the worl...
One such example of a nationalized major asset is Saudi Aramco, a Saudi Arabian multinational petroleum and natural gas company based in Dhahran. With an annual profit of over $88 billion, it is thelargest profit-making companyin the world. ...
3.2.1 Example: Real Wage Estimation The decision to work is usually assumed to be a function of the real wage (i.e., the purchasing power of the nominal wage). Suppose that a worker is interested in knowing his or her real wage. Although the worker knows his or her nominal wage, the...
A pair of odd-coloured diamonds have become the world's most expensive earrings by selling for a staggering £45 million. The Apollo and Artemis Diamonds are described as "truly exceptional stones" that are in a "class of their own" as a pair. Mom nurtures her disabled son all the way...
They argue that sex work is work, as affirmed by the International Labor Organization (ILO), a specialized agency of the United Nations. This situation in Amsterdam, and the continued criminalization of sex workers around the world, is yet another example of how we disregard the needs and ...
In 2023, real wages in Japan dropped by 2.5 percent, declining for the second consecutive year. In the past decade, the sharpest decline in real wages of establishments with five or more employees was recorded in 2014 at 2.8 percent.
In an increasingly interconnected world, the struggles of working people don’t stop at national borders. Supply chains and capital flows certainly do not. Why should solidarity?Our reporting on the international dimensions of working people’s fight for a better world is supported by Bertha ...