Latest news with #InternationalLaborDay
Kuwait Times
05-05-2025
- Business
- Kuwait Times
Pakistan CB lowers key policy rate to 11% amid economic crisis
KARACHI: A laborer works at a construction site in Karachi on the eve of International Labor Day on April 30, 2025. — AFP KARACHI: Pakistan's central bank reduced its key policy rate by 100 basis points to 11 percent on Monday, resuming a series of cuts that brought the rate down from a record high of 22 percent after a brief pause in March. Nine of 14 analysts surveyed by Reuters expected the central bank to cuts its key rate, with three expecting a 50 bps cut and two calling for a 100 bps cut. The decision came in the backdrop of soaring tensions with neighboring India following a deadly terror attack on tourists in Kashmir. The nuclear-armed neighbors have announced a raft of punitive steps that aim to hurt each other economically. It also comes ahead of an imminent International Monetary Fund (IMF) decision on releasing Islamabad's next tranche of $1 billion from its $7 billion bailout program. The bank had cut the rate by 1,000 basis points since June from an all-time high of 22 percent before a surprise decision to hold it in March, citing the risk of price rises including from increased US tariffs. The inflation rate fell to 0.3 percent in April, its lowest in roughly a decade and below finance ministry estimates of 1.5 percent to 2 percent. The central bank forecasts average inflation to be in the range of 5.5 percent to 7.5 percent for the fiscal year ending June. Pakistan's manufacturing sector growth slowed to a seven-month low in April, with the HBL Pakistan Manufacturing Purchasing Managers' Index (PMI) easing to 51.9 from 52.7 in March, as concerns over global trade weighed due to the impact of US President Donald Trump's tariff announcements. New orders slumped while export orders in particular plummeted. Employment fell for a second month as firms cut costs. — Reuters
Yahoo
02-05-2025
- Politics
- Yahoo
About 90 people gather for May Day march in Jamestown
May 2—JAMESTOWN — About 90 people showed up on Main Street in Jamestown on Thursday, May 1, for a peaceful May Day march to support working families and protest cuts to federal programs and workers. Individuals gathered with signs opposing the Trump administration's actions in front of St. John's Lutheran Church before marching north on First Avenue. They stopped in front of the mural at Hugo's Family Marketplace where they were met with some honks in support and others in opposition. Protesters gathered on streets nationwide on Thursday to recognize May Day, which is celebrated by workers across the globe as International Labor Day on May 1 each year. "Well, we have just an interest in being proactive against the things that the Trump administration is doing and this seemed like a good opportunity to show that disagreement," said Don Caine, a Jamestown resident. "So we're just trying to be proactive in all of those things and this is one way to do it." He said all workers have rights. "We want equality for everyone," Caine said. He said everyone should be benefiting from the federal government, not just the rich. "We see that eroding under Trump, and so that's why we protest and do what we can," he said. Barb Lang, a League of Women Voters member and organizer of the event, said there are concerns with what will happen to federal workers who work in Jamestown. "We think we've got at least 100 families in Jamestown that are working for the federal government," she said. She said those families have people who work at the Northern Prairie Wildlife Research Center, the U.S. Department of Agriculture, U.S. Postal Service and the Pipestem Dam safety modification project. "There's lots of federal workers here," she said. " ... We want to support them." Jamestown resident Marty Toepke-Floyd said the No. 1 reason he joined the gathering is because the federal government's environmental policy has been thrown into chaos. "We've got to get our act together and stop climate change," he said. "The current administration is going the opposite direction. It's opposite to the teachings of the church that I belong to, and it's violating solid science." Toepke-Floyd said he's disappointed with the policies that are coming from Washington, D.C. "They claim to be saving money and building efficiency, but so much of what they're doing is counterproductive," he said. "It's wasting money. It's ruining people's lives. Civil servants have moved and taken jobs and then had the rug pulled out from underneath them." He also said the Trump administration is getting rid of federal workers, including those with the National Labor Relations Board and judges. "They're just doing things that are just counter to labor and unions," he said. "They're trying to stop a lot of things. So it's just plain wrong, and it's violating people's civil and human rights." Toepke-Floyd said it isn't right for Elon Musk, the world's richest man, to make decisions about people's lives without any kind of study or authorization from Congress. "I don't understand why our Congress delegation from North Dakota isn't screaming bloody murder," he said. "If this had happened under (Joe) Biden or (Barack) Obama, they'd be screaming and people are just afraid of the man in the Oval Office, who is bullying the country." Vicki Voldal Rosenau, of Valley City, North Dakota, said democracy is in peril. 'It looks as if it's up to the people to stop it," she said. "Congress is inert and the administration is locked by fear. I'm just afraid for the future." She said she's upset about Donald Trump undermining and threatening judges and people getting deported. "You can't say deporting, because nobody's getting deported," she said. "They're extraditing people without due process, which we know is completely illegal and yet they keep doing it." Jamestown resident Brenda Jensen said she doesn't have a problem with downsizing federal government programs and getting rid of wasteful spending. "The problem is that they're doing it really quickly and not systematic," she said. Madison Lyonhart, a Jamestown resident who moved here last year, said Medicaid and education are in danger. "I have two children that are in the public school system with special needs, and all of those things have come under attack during this present administration, and I'm fearful for the future of my family in this country," she said. "My husband's an immigrant. I'm fearful for his future." Lyonhart said labor unions and federal workers are under attack. "We see job loss all across the country, thousands of workers, and today we need to recognize that protections for all of us need to be in place so that we have safety in our job place, reliability for our families, and we don't have to end up asking for extra help," she said. "We should be able to work and provide for our family with our job and not need to work multiple jobs or ask for government assistance. We should just be able to get a living wage and have reliable employment." Lyonhart also said tariffs and other legislative actions impact local farmers. "We want our farmers to be able to do their job, to have predictability, so that they know what to plant, when to plant it," she said.
Yahoo
02-05-2025
- Politics
- Yahoo
Penn State students march in streets on May Day as protests take place nationwide
Penn State students marched through the streets of downtown State College on Thursday evening during a May Day protest. About 30 students began marching down College Avenue after a rally at the Allen Street gates. They marched for about 20 minutes on Fraser Street and onto Beaver Avenue, blocking traffic, before ending back at the Allen Street gates. Passing cars honked as traffic was briefly held up, but the march was held without incident. At least one State College police car was present. The protest was organized by several student groups including the Student Committee for Defense and Solidarity and People's Defense Front - Northern Appalachia, according to a social media post about the event. May Day — which is celebrated annually on May 1 as International Labor Day — took on new meaning this year for anti-Trump protesters. More than 1,000 events nationwide were organized by May Day Strong, a coalition of local groups and national organizations such as MoveOn, Women's March and the 50501 movement. 'This May Day we are fighting back,' May Day Strong's website reads. 'We are demanding a country that puts our families over their fortunes — public schools over private profits, healthcare over hedge funds, prosperity over free market politics.' The Penn State groups do not appear to be affiliated with May Day Strong, but shared a similar message about workers, while also chanting about Palestine. Signs included those reading 'F--- Trump,' 'Peoples Revolution' and 'Free Palestine.' Marchers chanted things such as, 'What do have? Nothing. What do we want? Everything,' 'Whose streets? Our streets,' and 'Workers of the world, unite.' The group was smaller than one that marched through downtown State College on April 15 in support of international students amid students having their legal status revoked, a move the Trump administration recently reversed course on. The march was organized by the same student groups. May Day demonstrations are planned across the country through the weekend, including another in State College on Saturday. Sponsored by Seven Mountains AFL-CIO and others, the rally will be held at 1:30 p.m. Saturday in Sidney Friedman Park. 'Working people are under attack,' the event page reads. 'Whether you're a nurse, a bricklayer, a city employee, or a teacher, billionaires are paying to rig the system to crush working families.'
Saba Yemen
02-05-2025
- Politics
- Saba Yemen
US aggression on capital, Sana'a
Sana'a (Saba) - US aggression aircraft launched a series of raids on the capital, Sana'a, today. Whatsapp Telegram Email Print more of (Local) Hudaydah National Team Wins Republic Volleyball Championship US-led coalition airstrikes hit Sana'a governorate Meteorology Forecasts Scattered Rainfall of Varying Intensity Tribes in Jabn district of Al-Dhale' declare armed mobilization & general readiness to confront aggression Two events in Manakhah districts Funeral of martyr Abdulrahman Al-Jaishi Meeting in Bilad Al-Hayfi Square in Al-Hasha district to confront US escalation in Al-Dhale' Parliament Speaker congratulates Revolution Leader, President Al-Mashat, & Yemeni Workers on International Labor Day Bani al-Harith district residents hold vigil to declare general mobilization, funeral of martyrs of Thaqban crime Hamas condemns US support for Zionist enemy's decision to ban UNRWA
Yahoo
01-05-2025
- Politics
- Yahoo
Thousands march in May Day rally in DC
WASHINGTON () — Thousands of people marched through the streets of D.C. on Thursday as part of a 'May Day' protest. The nationwide protest happens annually on International Labor Day. This year, protestors spoke out against policies implemented by the Trump administration. Locally, focuses included the elimination of thousands of federal jobs and the mistaken deportation of Kilmar Abrego Garcia, a Maryland man sent to prison in El Salvador. 'I think the antidote to anxiety is action,' Ginge Sivingy, who attended the rally, said. 'I'm coming out every opportunity I can. Anytime I can come and speak up, there's not a more important thing I can be doing in the world than making a point.' 'If it somehow sounds like there's anger in my voice, there is': Tensions rise as DC Council waits for the 2026 budget Sivingy said her main concern is what she called the 'cruelty' of the administration. 'They're enjoying making immigrants suffer, they're enjoying making people afraid to leave their homes,' she said. The protest came just one day after the President celebrated his first 100 days in office. During a speech Wednesday, President Donald Trump touted what he believes are his successes so far. 'This week we are celebrating the most successful first 100 days of any administration in American history,' Trump said. 'It's been really amazing I don't think there's been anything like this in the world. We're going to bring back the most beautiful words, made in the USA.' DC Councilmembers weigh in on Commanders stadium deal But not everyone agrees. 'We are so upset with the 100 days. Trump has ruined our democracy. He is just on a course to end it,' said Suzanne Casana, who attended the protest with her husband, John. 'I am particularly upset about cutting science funding and especially climate research funding. And medical research funding,' John Casana said. 'It's unbelievable. These are existential issues that are just being cut.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
