Tag: neoliberalism

Greece on STRIKE!

Posted on By 3arabawy

I love the Greeks!

Thousands of demonstrators have marched through Athens and Thessaloniki to protest against government social security reforms as a general strike shut down schools, hospitals and all public services.
Port workers and air traffic controllers joined the protest on Wednesday, the second 24-hour general strike in the last two months.
The move forced authorities to cancel all flights to and from Greek airports, and all regular ferry routes to the country’s islands.
Buses, trains and the Athens metro were running for only a few hours during the day.
Journalists went on strike, cancelling all news bulletins and current affairs programmes for the day.
Dentists, lawyers, construction workers and civil servants also left their jobs.
Greece’s two main labor unions called the strike to protest against the conservative government’s efforts to reform Greece’s debt-ridden and fractured pension system.

Mubarak’s neo-liberal gangsters are ‘inspirational’ says OBG editor

Posted on By 3arabawy

From the Daily News Egypt:

The author of the “Emerging Egypt 2008” business report praised Prime Minister Ahmad Nazif’s efforts in decentralizing Egypt’s economy, but also recognized the challenges ahead.
The Oxford Business Group (OBG), in partnership with EFG-Hermes and the American Chamber of Commerce in Egypt, launched its “Emerging Egypt 2008” business report at a conference in the Grand Hyatt Tuesday.
The OBG’s regional editor Oliver Cornock said Egypt was the region’s best example of the effects of economic liberalization on developing economies, having generated year on year growth in wealth and employment at a rate of seven percent.
He praised Prime Minister Ahmad Nazif and Finance Minister Youssef Boutros Ghali for decentralizing Egypt’s economy and rolling back the role of the state through a number of constitutional amendments.
“Both of these men have a serious vision — their policies are inspirational,”
Cornock said, adding that these policies had earned Egypt the number one spot in the World Bank’s table of “Top Reformers” for 2007.