The Political Ascension of UAW President Shawn Fain: A Rising Star in the Democratic Party
United Auto Workers President Shawn Fain’s Impact on Biden’s Campaign
Fresh from significant victories for the labor movement, Shawn Fain, the President of the United Auto Workers, is poised to play a pivotal role in securing key Midwestern swing states for President Biden in the upcoming fall elections.
Rising Prominence and Influence
Over the past year, Fain has led the UAW to some of its most substantial gains in decades, establishing himself as a compelling orator who garners the trust and attention of many workers. This comes at a time when Biden faces challenges in connecting with voters due to economic concerns and international conflicts.
Support for Biden
In a passionate speech endorsing Biden in January, Fain emphasized the importance of standing with the American worker, contrasting Biden’s support with Trump’s blame game against workers.
Crucial Role in Swing States
Experts in labor and politics highlight Fain’s star power and the UAW’s history of mobilizing Democratic voters as crucial factors in battleground states like Michigan, Wisconsin, and Pennsylvania, where a few thousand votes can make a significant difference.
Working-Class Voter Turnout
The key challenge in swing states lies in mobilizing working-class voters who might otherwise abstain from voting. Fain’s influence in this regard is deemed unparalleled by some, given his track record and credibility within the labor movement.
Political Focus
While Fain remains focused on his UAW responsibilities, including unionizing Southern auto factories and negotiating contracts, he has pledged to support Biden, recognizing the importance of electing officials who align with labor’s objectives.
Alignment with Biden
Fain underscores Biden’s alignment with the union on critical issues such as wages, healthcare, and retirement security, contrasting this with Trump’s perceived allegiance to corporate interests over workers’ welfare.
Worker Sentiment
Many autoworkers resonate with Fain’s message, as evidenced by the positive reception of significant raises follow
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The Political Ascension of UAW President Shawn Fain: A Rising Star in the Democratic Party
Business news April 26: Gold price: Turned down sharply
OceanBank has also just sharply increased online savings interest rates on April 22. Accordingly, the 1-month online savings interest rate is 2.9%/year; 3-month term and 6-7 month term are 3.2%/year and 4%/year respectively; 8-11 month term is 4%/year; 12-13 month term is 5.4%/year; 15 month term is 5.5%/year.
Notably, the savings interest rate increased by 0.7% for the 18-month term to 5.9%/year; increased 0.8% for 24-month term at 6%/year; increased 0.9% for the 36-month term to 6.1%. This is a rare bank with an interest rate of 6%/year at the present time.
Previously, on April 11, VIB adjusted the 1-month deposit interest rate to 2.6%/year. This is the 7th bank to increase interest rates since the beginning of April. Previously, banks such as HDBank, MSB, Eximbank, NCB, VPBank, KienLongBank also adjusted increases in some terms.
On April 4, HDBank increased online savings interest rates for terms from 12 to 18 months, accordingly, 12-month terms increased to 5%/year, 13-month terms to 5.2%/year, 15-month term at 5.8%/year, 18-month term at 5.9%/year.
After 2 months of unchanged interest rates, on April 5, MSB suddenly increased interest rates on online deposits with terms of 6 months or more. Accordingly, deposit interest rates for terms from 6-11 months increase to 4.1%/year, for terms from 12-36 months to 4.5%/year.
KienLong Bank also increased deposit interest rates for a series of terms from 6-36 months on the online channel. Specifically, 6-month term is up 4.4%/year, 12-month term is up 5%/year, 18-36 month term is 5.5%/year.
In addition, some banks have increased deposit interest rates for the second time since the beginning of the year. At the end of March, Eximbank increased interest rates for short terms, accordingly,
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https://www.worldysnews.com/business-news-april-26-gold-price-turned-down-sharply/
the data that silences the owls
You have been rate-limited for making too ma
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Vehicles put up for sale at auction
| Three hundred vehicles parked in the port of Toamasina will be the subject of an auction. |
Vehicles parked at the port of Toamasina will soon be put up for auction. These are cars that, for the most part, are straight drive or do not comply with the regulations in force in the country.
In spare parts. A special auction operation will soon take place in Toamasina. Nearly three hundred vehicles will be dismantled into spare parts and then put up for public sale. An operation which affects cars which have exceeded their customs clearance deadline, but also those which present certain irregularities in relation to the country’s regulations.
According to the Council of Ministers on Wednesday, this is an operation aimed at decongesting and streamlining traffic in the port. “These car
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Price stability in Latvia is influenced by commodity markets
This year for the Latvian economy can also be characterized as a period of overcoming difficulties rather than enjoying life and easy growth. However, in one respect life is becoming easier: the decline in commodity prices, which began at the end of last year, is affecting consumers. The favorable effect on consumer prices manifests itself gradually, it is slowed down by shares purchased at a high price, by companies’ pricing policy, in other words by inertia. Rising production costs have pushed up consumer prices very quickly, but the fall in production costs is being felt by buyers much more gradually. The latest news from the commodity markets is no longer so positive.
Will inflation and prices increase?
The outlook for the cost of living has indeed worsened slightly this year, but there’s no reason to be too alarmed. A brief overview of the main events on the commodity markets, their possible impact on Latvia and prices.
- Oil market events have received the most attention this year, especially because they are linked to dramatic geopolitical developments. Starting the year at $76 a barrel, oil prices briefly topped $90 and are still near that level. However, transportation costs in Latvia have a much more direct impact on fuel prices than oil prices on the stock exchange: they are not the same thing. Prices of diesel fuel, which is particularly important in our economy, have not changed significantly over the past three months, as oil refineries have had to bear much of the increased costs.
- Home maintenance costs, consisting mainly of electricity, heat and gas, continue to reflect the general decline in commodity prices.
- Very important: Gas prices are hovering near the lowest level since the summer of 2021. European natural gas prices are below 30 euros per MWh, which is much lower than the level of tariffs for a la
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Price stability in Latvia is influenced by commodity markets
Chinese Satellite Captures Image of US Naval Base, Revealing Space Surveillance Capabilities
Image of world’s largest US naval base taken by ‘private’ Chinese satellite Social media It is released to the public and attracts attention.
This image, which first appeared on the Chinese social media platform Weibo a few days ago, was taken by Taijing-4 03, the first phased array radar imaging satellite launched by China on a ‘civilian’ basis.
Aircraft carriers and destroyers at the US Naval Base in Norfolk captured by China’s ‘civilian’ radar imaging satellite on March 4 this year./mino space
This satellite image showed the Norfolk Naval Base in Virginia, USA, facing the Atlantic Ocean, with three aircraft carriers, two Arleigh-Burke class destroyers, and four battleships that were difficult to identify.
Norfolk Naval Base is the largest US naval base in the world, with 11 aircraft storage facilities and 14 docks, with room for 75 warships and 134 fighter jets. The logo in the satellite photo is ‘Mino Space’, a private company called ‘Beijing Weiner Star Technology’. Mino Space is known to have released this video for commercial purposes.
In fact, China’s space surveillance and Earth reconnaissance capabilities are not new. It is estimated that the number of Chinese military reconnaissance satellites is already more than 300, second only to the United States in the world. The Chinese government also advertises satellites for military purposes as satellites for ‘civilian’ purposes.
For example, the Chinese government lau
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Chinese Satellite Captures Image of US Naval Base, Revealing Space Surveillance Capabilities
Walmart Soars to New Heights with Drone Deliveries in Dallas-Fort Worth
Walmart is revolutionizing the way customers receive their orders by offering drone deliveries to up to 75% of the population in the Dallas-Fort Worth area. This move makes Walmart the retailer with the highest drone delivery capacity in the US.
Customers in the DFW area will soon have access to a wide variety of Walmart items that can be delivered to their doorstep in just minutes. Prathibha Rajashekhar, senior vice president of Innovation and Automation at Walmart US, emphasized the convenience and efficiency tha
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Walmart Soars to New Heights with Drone Deliveries in Dallas-Fort Worth
Dollar prices are recovering – Shafaq News
2024-04-05T14:30:25+00:00
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/ The US dollar rose in the European market on Friday against a basket of global currencies, holding above the lowest level in two weeks, with currency
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Femsa revenues grew 11.3% in the first quarter
Mexico City. In the first quarter of the year, the income of Fomento Economico Mexicano (Femsa), a consortium that owns brands such as Coca Cola and Oxxo, reported 178 thousand 204 million pesos, which meant an increase of 11.3 percent compared to the 160 thousand 107 million reported from January to March 2023.
The results report for the first quarter of 2024, which was released this Friday, indicates that revenue growth was driven by better results in all its business units.
Femsa’s profits were 5,884 million pesos at the end of the first quarter of the year. He clarified that the figure is not comparable with the 50,329 million pesos obtained in the same period last year, since at that time the income obtained from the sale of Heineken was included.
In
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Petruzzelli, spectators have almost tripled in ten years
They have been ten “very tiring” years, but the results repay all the efforts and demonstrate that “when time, will and everyone’s help are available, wonderful results can be achieved”. Since 2014, Massimo Biscardi has been the superintendent and artistic director of the Petruzzelli in Bari, one of the 14 Italian opera foundations, and when in June 2014 he came to direct the theater which had just come out of commissioner management, the situation was not the best, starting with a loss budget of 200 thousand euros and a series of work cases for the stabilization of around 200 temporary workers.
A point of reference for the city
Today the scenario has completely changed: for ten years the foundation has been in profit and, above all, the Petruzzelli has once again become a point of reference for the public of the city and the region, which represents just under 80% of the spectators, while another 10% is represented by Italians from other regions and 12% by foreign visitors. From 2013 to 2023 the audience almost tripled, going
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