Tuesday, March 16, 2010

Fightback from Iceland to Portugal

Icelanders vote ‘No’ payback for bank failure

Published Mar 14, 2010 7:26 PM

Faced with a referendum to approve a deal that would have cost every person in Iceland a quarter of their income for the next eight years, 63 percent of Iceland’s registered voters ignored the light snow and came out to massively reject the deal. With almost all the ballots counted, 94 percent were “no,” with spoiled and blank votes outnumbering the 2 percent who voted “yes.”....


Public-service workers walk out in Portugal

Published Mar 14, 2010 7:23 PM

Four of every five public-sector workers in Portugal walked off their jobs on March 4 to protest government plans to decrease pensions, eliminate and outsource jobs and continue a freeze on wages. Trade unions representing more than 500,000 such workers joined the strike.....

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