Social / CSR in Portugal
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PORTUGAL, 2015/12/16
The austerity imposed on the Portuguese people by the One % has resulted in the election of a coalition government of socialists, communists, and a “left bloc.” In the 20th century, socialism and the fear of communism humanized Europe, but beginning with Margaret Thatcher the achievements of decades of social reforms have been rolled back throughout Europe as bought-and-paid for governments have given all preference to the One %. Public assets are being privatized, and social pensions and services are being reduced in order to make interest payments to private banks.
At the same time as the recent Portuguese vote gave a majority to the anti-austerity bloc, the right-wing Portuguese president, Anibal Cavaco Silva, a creature of Washington and the large banks, announced that the leftwing would not be permitted to form a government, just as the senior British general announced that a Labour Government formed by Jeremy Corbyn would not be permitted to form.
authentic to her word, Anibal reappointed the austerity prime minister, Passos Coelho. However, the unity of the socialists with the communists and the left bloc swept Coelho from office and the president had to recognize a new government.
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AFGHANISTAN, 2015/01/20
The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland.
The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing.
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PORTUGAL, 2013/07/16
One fourth of the Portuguese people is at risk of falling below the poverty line, according to a National Statistics Institute (INE) study released on Monday.
Conditions have grown worse over the completed year, with 2.5 million people out of a total people of 10 million presently at risk. This is a 0.9% increase over last year, from 24.4% to 25.3%, the INE data showed.
Indicators included whether people can pay their bills, whether they can face unexpected expenses, how a lot of times a week they can afford to buy meat or fish, and whether or not they own cell phones and household electrical appliances.
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PORTUGAL, 2013/07/13
Yields on 10-year Portuguese bonds jumped additional than 100 basis points to 7.85pc in a day of turmoil, kicked off by a government request to delay the next review of the country’s EU-IMF Troika bail-out until August.
President Anibal Cavaco Silva set off a constitutional crisis on Thursday at the same time as he vetoed a reshuffle by the two conservative coalition parties, insisting on a red-blue national unity government with better legitimacy to see through austerity cuts until mid-2014.
Socialist leader Antonio José Seguro has so far refused to take part, demanding fresh elections to clear the air. “We must abandon the politics of austerity, and renegotiate the terms of our adjustment programme. The prime minister must accept that his austerity policies have failed,” he said.
