general strike

general strike

European Strike November 14

MADRID | Governments throughout Europe should be less confident that ever before about this general strike passing by without further consequences. From Madrid and Lisbon to Athens, the European middle classes are getting more and more restless.


What Wall Street read: Spanish strike doesn’t help to get down bond yields

NEW YORK | US media coverage of Spanish general strike was scarce in the morning, and increased during the day, never making the biggest headline. The online edition of major generalist or business newspaper didn’t include it among their main subjects, or did only briefly. NYT kept it in a low position.  WSJ reported on it only on its World section, and the strike wasn’t even the leading headline there….


Spain’s general strike: a first for president Rajoy, a second defeat for the unions

On March 29 at midday, while those joining the nation-wide protest in Madrid celebrated that a major store like Cortefiel had begun to close its doors, electricity demand recorded an almost imperceptible 1.5pc shorter fall that the 17.5% drop caused by the last general strike seen in the country, back in September. Having it had no discernible impact then, it seems rather logical to assume that this one will not leave any…

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Weekend link fest

A curated selection of links we hope can enlighten us all; some come from our corner, some do from other corners of the net. And as always, our comment widgets are anxious to get your suggestions. Anglo-Saxon banker-bashing, this time from one of them! Why a general strike in Spain is not what once was Fed’s bank stress tests? Don’t trust them The day the UK felt vulnerAAAble A review of…


General strike for the umpteenth time in Spain: a worn out threat

MADRID | The general strike announced for March 29 will be the ninth in Spain’s modern democracy, the 12th if we start counting from the day dictator Francisco Franco died. The general strike is part of unions’ mythology, meaning a show of extra impact and a demonstration of power. There were revolutionary general strikes in 1917 and 1934, even in July 1936 after the coup d’état that was later called Alzamiento,…

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Monday’s US charts (especially) for Spain’s labour union leaders

By Luis Arroyo, in Madrid | While some Spanish labour union leaders attend press conferences dressed up in expensive Rolex watches, employment numbers increase somewhere else: in the US, as this graphics show and economist Tim Duy explains in his post. Hiring activity in the US raises 245,000 new jobs since last December. It always is inconvenient and very imperfect to compare different national labour markets and I know better. Yet,…