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Protests continue across France over pension reforms

Published

2 years ago

on

Protestors blocked a terminal at an airport and sat on train tracks

The ongoing nationwide protests in France over plans by the government to raise the retirement age by two years saw another day of disruption – events which President Emmanuel Macron has recently compared to the storming of the U.S. Capitol by Donald Trump supporters two years ago.

Protestors blocked a terminal at Paris’s Charles De Gaulle airport.

Protesters also sat on train tracks, and reportedly triggered a brief fire in the yard of a police station in once city.

Protests have been mostly peaceful, but tear gas has been used against them on occasions.

The plan is to raise the retirement age from 62 to 64.

For comparison, the U.S. is slowly raising its retirement age to 67 and the UK plans to go to 68.

Polls have long shown that a majority of voters in France oppose the move.

Macron earlier in the week said he was standing firm on the law and that it would come into effect by the end of the year.

The government says the change is needed to keep pension budgets from running a deficit – failure would create an annual deficit of about $14 billion by 2030.

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Crude oil futures sell off, insurance stocks at risk amid hurricanes

Published

21 mins ago

on

October 9, 2024

By

Multiple hurricanes hitting the U.S. have sent shockwaves through the stock market.

Oil prices surged to nearly $81 per barrel amid growing concerns about supply disruptions due to escalating tensions in the Middle East and the aftermath of Hurricane Milton.

Israel’s possible strikes on Iranian oil facilities, along with Gulf of Mexico supply issues, have contributed to market volatility.

While prices have since cooled, the global oil market remains highly sensitive to geopolitical developments.

With oil prices up nearly 20% from September lows, market watchers are closely following the potential impacts on global growth and energy security.

As people prepare to weather Hurricane Milton, investors are also forecasting what the damage will be to the economy and markets.

For more, we’re joined by Greg Halter, the Director of Research at Carnegie Investment Counsel.

#IN AMERICA TODAY #trending #stockmarkets #HurricaneMilton #crudeoil

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Leaders

Reports show that workplace mental health is at an all-time crisis point, demanding proactive strategies

Published

19 hours ago

on

October 8, 2024

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As Mental Health Week highlights the urgency of action, businesses are being urged to shift their mindset from compliance to proactive mental health strategies.

As Mental Health Week highlights the urgency of action, businesses are looking to implement crucial forward actions to boost workplace resilience.

  • Mental Health Crisis: Workplace mental health and wellbeing are at a crisis point, demanding urgent action from businesses.
  • Costly Impact: Business owners and senior leaders recognise the financial strain mental health issues place on organisations, yet solutions remain unclear.
  • Leveraging Laws: Psychological safety laws offer a framework to reverse the costly impact of workplace mental health challenges.
  • Mindset Shift: A change in approach is required, viewing mental health regulations as opportunities for long-term, sustainable success rather than a compliance burden.

Sharné Lategan, Psychological Safety Expert and Growth Mindset Coach of Grow and Expand, joins to share her expert analysis into workplace physiology, bringing awareness during Mental Health Week. 

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Leaders

Experts reveal AI’s impact on the retail experience in Australia

Published

20 hours ago

on

October 8, 2024

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AI has become a game-changer for marketers and retailers in Australia, with many consumers reacting positively to AI integration in the retail environment.

 

Retailers are using AI to optimise inventory, personalise shopping, and improve customer service through advanced chatbots.

Shoppers now enjoy personalised recommendations and seamless online shopping experiences.

Predictions suggest more personalised experiences and smarter shopping platforms within the next 12 months.

Will Wilson, RVP of Sales APJ at SAP Emarsys joins to share his insights into how AI is streamlining success on a large scale.

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