2 FTSE 100 companies I think will suffer a lot in 2020

first_img “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Source: HSBC As you can see, this giant relies heavily on Asia, where China is a dominant power. Trade tensions between the US and China have impacted the bank in the past. There is no reason to expect this change. Although HSBC is Hong Kong’s dominant bank, the financial giant has always targeted expansion in Mainland China. The US-China trade war might be a big hurdle in this situation.BurberryA very well-established fashion company is likely to struggle as a recession is around the corner. This is because consumers in the UK are less likely to purchase non-essentials as their incomes fall. However, UK and European markets are less of a concern for Burberry (LSE:BRBY).There is high demand for luxurious goods from Western countries in China. This demand is due to the rising middle class. So, a lot of high fashion firms rely on China as a major market. Asia Pacific accounts for 41% of  Burberry’s revenue. Most of these sales are in China. Yet, as the trade war seems to intensify, it is logical to predict that consumer incomes in China will fall. I think that this will lead to falling sales for Burberry in this country.   Source: BurberryConclusionIn no way do I consider these companies to be weak, but now might not be the right time to buy their shares. Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Anna Sokolidou has no position in any of the companies mentioned in this article. The Motley Fool UK has recommended Burberry and HSBC Holdings. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Anna Sokolidou | Tuesday, 5th May, 2020 | More on: BRBY HSBA US President Trump says that China could be held accountable for the coronavirus situation. If history is any guide, this raises the likelihood of a prolonged trade war. Even though it makes the overall outlook grim, some UK businesses would be hurt more than others. So, which FTSE 100 companies would suffer the most in 2020 if the trade war continues?2020 outlookThe coronavirus pandemic is not just a medical challenge, it is also an economic disaster. However, most countries have started easing restrictions. So, there is some reason to be optimistic. Still, the economic impact from Covid-19 is not limited to the current lockdown. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…On Thursday, Trump said that his phase one trade deal with China, signed in January, was of secondary importance. Indeed, his administration is thinking of retaliatory measures against China. In Trump’s view, it is necessary to investigate China’s role in the pandemic. Remember that 2018 and 2019 were marked by significant stock market volatility as a result of the uncertain state of trade negotiations between the US and China. I think that a further battle between the two countries could have a prolonged negative impact on the FTSE 100.   FTSE 100 companies to suffer?It is hard to predict how long these tensions will last and what measures Trump will take. However, some top UK firms have solid balance sheets, good earnings track records, and a lot of cash. At the same time, large FTSE 100 companies are international and rely heavily on global markets. So, there is a big risk for investors. Here I’ll talk about some of the most exposed companies. HSBCHSBC (LSE:HSBA) was established in 1865 in Hong Kong. An enormous part of its revenue and profits comes from Asia. Here’s the breakdown of the 2019 profit figures and the regions where these profits come from.Distribution of profits/(loss) before tax by geographical region in 2019 in $ millions Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. 2 FTSE 100 companies I think will suffer a lot in 2020 Our 6 ‘Best Buys Now’ Shares See all posts by Anna Sokolidoulast_img read more

Forget Bitcoin! I’d buy these 2 crashing UK shares in an ISA right now to get rich

first_img Bitcoin’s price may have rallied after its downturn earlier this year, but crashing UK shares could offer greater long-term returns. A number of FTSE 100 and FTSE 250 stocks are yet to recover from the market crash, and may therefore offer good value for money.Here are two prime examples of such stocks. Although they may yet face further share price volatility in the short run due to weak operating conditions, in the long run they could deliver strong capital growth. As such, now could be an opportune moment to buy them in a diversified ISA portfolio.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Shell: a cheap oil and gas company among UK sharesShell (LSE: RDSB) has been among the biggest-falling UK shares in 2020. The oil and gas major is currently trading over 50% down on its price from the start of the year.Of course, a key reason for its share price decline is reduced demand for oil. Alongside supply growth, this has caused the price of oil to fall to exceptionally low levels in recent months. As a result, the company has reduced its long-term oil price expectations, which has caused huge impairments in its recent results.Looking ahead, Shell plans to pivot towards cleaner forms of energy. Although this process may not be smooth, it appears to have the financial means to invest heavily in low-carbon energy assets. Over time, this could not only improve its financial performance, but lead to stronger investor sentiment that boosts its share price.As such, now could be the right time to buy a slice of it while it appears to offer a wider margin of safety than many other UK shares.Glencore: recovery potential after its share price fallGlencore (LSE: GLEN) is another FTSE 100 stock that has underperformed many UK shares in 2020. The mining and commodity trading giant’s stock price has declined by around 30% since the start of the year. A slowing world economic outlook has caused investors to factor in a wider margin of safety.The company’s recent half-year results showed its marketing division has produced a relatively strong performance. This may help to differentiate it from other commodity companies, and could provide the business with strong growth during a period of weaker economic performance.Glencore also announced its divisions have largely been able to operate in recent months, despite ongoing challenges posed by the pandemic. Its diverse range of activities could help to protect it against operational challenges in specific markets or locations.Looking ahead, investor sentiment towards commodity stocks and other UK shares could weaken due to risks posed by an uncertain economic outlook. However, with what appears to be a sound strategy and a diverse range of operations, Glencore could offer recovery prospects over the coming years after a challenging 2020. Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images Peter Stephens owns shares of Royal Dutch Shell B. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img See all posts by Peter Stephens Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Forget Bitcoin! I’d buy these 2 crashing UK shares in an ISA right now to get rich Peter Stephens | Monday, 10th August, 2020 | More on: GLEN RDSB Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

FTSE 250 shares: the Avon Rubber share price tumbles again after HY update!

first_img In Tuesday trading, the FTSE 250 continues to edge closer to early-May’s record peaks around 22,755 points. Progress is slow but Britain’s second-tier share index is still 33% higher from a year ago. The index’s fortunes in recent weeks couldn’t be much more different to those of Avon Rubber (LSE: AVON).Avon Rubber — which manufactures safety masks and body armour for military and security purposes — is down 6% over the past 12 months. And the defence giant has sunk again today despite releasing a strong set of half-year financials.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…At £29.80, the Avon Rubber share price is down 9% from last night’s close.Avon Rubber sinks despite robust numbersAvon Rubber has kept furnishing the market with solid trading numbers in recent months. And it was at it again on Tuesday. The defence firm advised that revenues were up 41% in the six months to March at $122m. As a consequence, adjusted pre-tax profit was up 23.1% year-on-year at $16m.On top of this, Avon Rubber received orders worth a cumulative $167.9m in the first half of fiscal 2021.  This was up a whopping 46.5% from the prior year. And the business ended the period with a closing order book of $156.6m, up 15.8% year-on-year.Chief executive Paul McDonald commented that “we have made a strong start to 2021, continuing to deliver organic growth in orders and revenues, together with further progress against our strategic objectives”.Avon Rubber sold off its milkrite | InterPuls dairy division last September to focus its attention solely on its protection business. It’s a change which has led the company to today announce its intention to rebrand as Avon Protection during the second half of the year.A bright outlookAvon Rubber noted that order levels from military and first responder customers were particularly strong in the first half. These were up 31.3% and 28.3% respectively from a year earlier. The company said that its Team Wendy helmet division had also “performed well” following its acquisition in late 2020.Avon Rubber also advised that “we are making good progress to resolve the delays in product approval for our body armour programmes”. And it added that “[we] remain on track to commence shipments in the first half of our 2022 financial year”. The maskbuilder’s share price collapsed in December after it announced product approval delays on several US contracts.Finally, the FTSE 250 business said today that it remains on course to meet full-year expectations. And it also commented that “our long-term contracts, strong order intake momentum and order book provide excellent revenue visibility going into 2022 and beyond”.Today’s release underlines the excellent progress Avon Rubber is making across its core markets. But I’m afraid the company’s toppy valuation (it trades on a forward price-to-earnings ratio of 34 times) means I won’t buy this UK share just yet. I’m happy to sit on the sidelines until that valuation comes down. Enter Your Email Address Image: Avon Rubber I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares It was released in November 2020, and make no mistake:It’s happening.The UK Government’s 10-point plan for a new “Green Industrial Revolution.”PriceWaterhouse Coopers believes this trend will cost £400billion……That’s just here in Britain over the next 10 years.Worldwide, the Green Industrial Revolution could be worth TRILLIONS.It’s why I’m urging all investors to read this special presentation carefully, and learn how you can uncover the 5 companies that we believe are poised to profit from this gargantuan trend ahead! Access this special “Green Industrial Revolution” presentation now Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Avon Rubber. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img FTSE 250 shares: the Avon Rubber share price tumbles again after HY update! Our 5 Top Shares for the New “Green Industrial Revolution” Royston Wild | Tuesday, 25th May, 2021 | More on: AVON Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. See all posts by Royston Wildlast_img read more

Winter is coming…

first_imgShare on Facebook Tweet on Twitter The wisdom of taking five… or tenInspirationBy Don LindseyWith school in full swing again and my parents finally moved in and settled, things have picked up in our household.  That’s been a good thing and we’re adjusting to our new schedules but as I settled in for bed the other night, I realized that I have been so busy that I haven’t taken enough time to enjoy all of the great things that are happening around me.  The more I thought about it, the more I kept remembering the voice of my brother Jimmy who loved to say “take five” when he would see someone that he felt needed a break from working hard.  He passed away in 2008 and while I miss my brother dearly, he left with me a lot of wonderful memories and a unique way of looking at things.  He seemed to know when to slow down and enjoy life and as I look back on my week, I see nothing but a blur.  I’m starting to think that “take five” is more than an expression but actually a solid piece of advice that I need to apply to my daily life.The biggest problem I am finding with applying that philosophy, is time.  Between running all day and keeping up with things around our house when I am home, by the time I finally slow down at night it’s time for bed.  My wife has been expressing the same concerns and as we were commiserating about this topic the other night, she made a suggestion about spending some time playing with our family’s new kitten.  I dismissed that thought at first.  But the next morning when I went into my son’s room to check on the little 8 week ball of fur, who we’ve named Winter, I immediately realized what she had meant.WinterAs soon as I walked into the room the kitten ran up to greet me.  Tiny meows and pawing at my pant leg gave me the urge to sit down and fawn over her.  After a few seconds of petting her and letting her chew on my hand, we began to play.  For about ten minutes I worked her toy on a string and laughed as she bounced around the room trying to catch it.  When I realized that I had spent so much time with her and still had a day to get to, I left and took care of the tasks that I had on my plate.  An hour or so later, I came back in to find her cuddled up in the middle of the floor sleeping.  Apparently our play session had worn her out and I sat down on the floor next to her to pet her.  She woke up enough to see that I had joined her and proceeded to crawl onto my lap to continue her nap.  I spent the next ten minutes petting her as she slept and realized that I still had more in my day to accomplish.  As the morning and afternoon moved on, I found this process repeating itself and I was walking in to see Winter about every hour for some time with her.  Every time I would leave the room I felt a little more energized and even more focused on whatever it was I needed to do.  When the day had ended and I was settling in for bed, this time I did not look back on my day and see a blur, I saw one that was productive and filled with a lot of good moments.  It seems as if my taking five, or ten in this case helped me slow down long enough to see the things I was missing before.I’m sure we’ve all heard how important it is to enjoy the joyful times we experience.  Busy schedules and hectic lives can make that hard to accomplish, but what I’m learning is that finding those few precious moments to unwind during the day greatly increases my overall happiness.  There are a lot of things around me that bring me joy.  My wife, children, friends, animals, music, video games, and the list goes on, so the next time I find my day going by too quickly or I am just frustrated by how it’s going, I am going to take my brother’s advice and take five….or ten.  It works. LEAVE A REPLY Cancel reply Don Lindsey is a follower of Christ, son, husband, father, and a survivor.  Originally from Dayton Ohio, and resident of Apopka for six years, Don sees his life as a dedication to his wife, parents, children,and community. Support conservation and fish with NEW Florida specialty license plate You have entered an incorrect email address! Please enter your email address here Please enter your comment!center_img The Anatomy of Fear TAGSDon LindseyInspiration Previous articlePrayer can change the worldNext articleThe wisdom of Star Trek… Denise Connell RELATED ARTICLESMORE FROM AUTHOR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your name here Save my name, email, and website in this browser for the next time I comment.last_img read more

52 Social Housing Units in Nanterre / Colboc Franzen & Associés

first_imgArchDaily 2014 Bouygues Bâtiment IDF Projects Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/561847/52-social-housing-units-in-nanterre-colboc-franzen-and-associes Clipboard France CopySocial Housing•Nanterre, France Architects: Colboc Franzen & Associés Area Area of this architecture project “COPY” Project Managers:Floriane Bataillard, Géraud Pin-BarrasFluids And Structure:Bethac and IbatEconomy:Cabinet PoncetBudget:€ 7,314,147 excluding all taxArchitects In Charge:Benjamin Colboc, Manuela Franzen, Arnaud SachetCity:NanterreCountry:FranceMore SpecsLess SpecsSave this picture!© Cécile SeptetText description provided by the architects. The Hoche ecodistrict is rising from the ground on old industrial sites. It has to mediate between the scale of the Chemin-de-l’Ile park and the A14 motorway that cuts through it, and the far smaller scale of an area of detached houses dating back to the 1930s.Save this picture!Ground Floor PlanThe two plots selected for the development are a good illustration of the challenge. The housing is divided into housing blocks that are look onto public space and face the eight-storey towers between them and the motorway and a square, but in the centre of the block are houses of the same dimensions as the existing detached houses.Save this picture!© Cécile SeptetOn Rue Germaine Tillion, there are open staircases that cut through the buildings. Aside from offering views of the inside of the blocks, these openings let sunlight into the street and provide natural aeration and ventilation to the flats’ toilets and bathrooms. Breaking up the street side of the buildings helps to recreate the varying heights of the neighbouring buildings.Save this picture!© Cécile SeptetThe flats occupy the full width of the building and open onto loggias that look out over the landscaped central garden. Optimising the layout of the apartments has made it possible to offer large main living spaces. Storerooms adjoining the loggias provide tenants with versatile extra storage space. The roofs of the smaller blocks are occupied by tops of the split-level apartments.Save this picture!© Cécile SeptetThe rationale of the design process can be observed in the details. The metal cladding, caged ladders and lamps of industrial inspiration are set off by the warmer tones of the wooden window and door frames and loggias.A built strip along the square accommodates a number of three-storey flats. Its slate-grey façade is screened by a row of trees planted in a landscaped hollow, and is studded with balconies. Here too the apartments run from one side of the building to the other, with daylight and natural ventilation entering from the heart of the block.Save this picture!Third Floor PlanThe three-storey town houses have the most spacious dimensions of all. Their tall blocks are split to cast light into the bathrooms and onto the staircase landings. The outside of the blocks is a slate-grey colour to ensure that the plants stand out rather than the buildings. The gaps between the blocks are white to let light in and to bring life to the garden. The ground-floor roofs of the houses are generously greened to enhance the natural feel of the central court.Save this picture!© Cécile SeptetProject gallerySee allShow lessArchitecture for Humanity Announces Completion of Haiti InitiativesArchitecture NewsIndividual House / Elodie Nourrigat & Jacques Brion ArchitectsSelected ProjectsProject locationAddress:Hoche Avenue, 92000 Nanterre, FranceLocation to be used only as a reference. It could indicate city/country but not exact address. Share Year:  2014center_img Photographs 52 Social Housing Units in Nanterre / Colboc Franzen & Associés Save this picture!© Cécile Septet+ 23 Share Social Housing photographs:  Cécile SeptetPhotographs:  Cécile Septet CopyAbout this officeColboc Franzen & AssociésOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureSocial HousingNanterreResidentialFrancePublished on November 08, 2014Cite: “52 Social Housing Units in Nanterre / Colboc Franzen & Associés” 08 Nov 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogFaucetshansgroheKitchen Mixers – Aquno Select M81Vinyl Walls3MVinyl Finishes in HealthPartners Regions HospitalPartitionsSkyfoldWhere to Increase Flexibility in SchoolsCoffee tablesBoConceptMadrid Coffee Table AD19SkylightsLAMILUXFlat Roof Exit Comfort DuoMetallicsTrimoMetal Panels for Roofs – Trimoterm SNVSkylightsVELUX CommercialModular Skylights in Atelier Zimmerlistrasse OfficeStonesNeolithSintered Stone – Iron Moss – Iron CollectionCeramicsTerrealTerracotta Facade in Manchester HospitalWoodBlumer LehmannConsulting and Engineering in Wood ProjectsGlassBendheimLuminous Mirrored GlassWire MeshTwentinoxMetal Mesh – Golf Romeo 7More products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” Area:  3800 m² Area:  3800 m² Year Completion year of this architecture project 52 Social Housing Units in Nanterre / Colboc Franzen & AssociésSave this projectSave52 Social Housing Units in Nanterre / Colboc Franzen & Associés ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/561847/52-social-housing-units-in-nanterre-colboc-franzen-and-associes Clipboard General Contractor: last_img read more

Online donations for DEC Sudan appeal reach £1 million

first_imgBrendan Gormley, chief executive of the Disaster said: “The DEC has been very lucky that organisations including Secure Trading and Streamline Merchant Services have donated their services for free, which ensures that 100% of every online donation goes directly to the appeal.” The Sudan appeal has broken all previous DEC records for online donations, and follows a growing trend in online charitable giving to its appeals. Over the last three years the DEC has seen the number of online donors increase by 130% and the value of online donations increase by 174%.The appeal raised £2.5 million in total on the first night alone, after launching at 6.30pm. Around 4,000 telephone lines were available for callers to make credit/debit card donations, and the total average donation was £44.This afternoon the appeal received a donation of £1 million from an anonymous donor, the first time the DEC has ever received a donation of this size. Tagged with: Digital Research / statistics  22 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Online donations for DEC Sudan appeal reach £1 million About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.center_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Over £1 million has been donated online to the Disasters Emergency Committee’s Sudan appeal since it launched three days ago.This is the fastest online giving response to any DEC appeal. As with other emergency appeals, including those run by the DEC, online donations are significantly higher than telephone and postal donations. According to the DEC, online donations “are averaging 20% above those made by phone”. The appeal is now on track to reach a total of £15 million.The DEC’s Web site started handling online donations “within seconds” of the TV appeals on 20 July 2004 by Natasha Kaplinsky, Michael Buerk and Joanna Lumley highlighting the plight of Sudanese people forced to flee their home due to violence in Darfur. Advertisement Howard Lake | 22 July 2004 | Newslast_img read more

On the picket line

first_img$15 minimum wage proposed for N.Y. state workersNew York Gov. Andrew Cuomo announced Sept. 10 that the Wage Board has recommended the state minimum wage be increased to $15 an hour for all workers. The raise from the current $8.75 minimum wage would be phased in first for 200,000 fast food workers by 2018 and then for all workers by 2021. Thus far, this wage hike, demanded by low-wage fast food workers since 2012, has been adopted in four California cities — Los Angeles, Berkeley, Oakland and San Francisco — and in Seattle. (cnbc.com, Sept. 11) However, this proposal must be passed by the N.Y. state Legislature, which is dominated by conservatives opposed to major wage hikes. And Cuomo, who is rumored to want to run for president in 2020, may have taken this stance to brighten his otherwise dismal record on labor. Stay tuned.Verizon hasn’t budged on contract termsIt’s been eight weeks since the contract expired on Aug. 1 for nearly 40,000 Verizon workers, represented by the Communication Workers and International Brotherhood of Electrical Workers, from Maine to Virginia, and “Verigreedy” hasn’t blinked. The union-busting telecommunications company, whose monthly profits are $1 billion, wants to gut job and retirement security and sever all lines of communication between the two unions. During a town hall phone conference on Sept. 15, Vice President Ed Mooney of CWA District 2-13 reported that when the unions presented a study showing the company could achieve $100 million in annual savings in its current health care plan without raising what workers pay, the company dismissed it.But Mooney also reported that the company is closely monitoring the workers’ defiant fightback actions both on the job and in the streets. For instance, workers are wearing red on Thursday, with some also donning camouflage on Mondays. Locals are also conducting weekly pickets and rallies, like the one demanding that Bianca Cunningham — who helped organize Verizon Wireless workers at six Brooklyn stores to join CWA Local 1109 in 2014 — be rehired after a retaliatory firing in early September (sign a petition to reinstate her at tinyurl.com/psmt59j). Verizon CEO Lowell McAdam was confronted by pickets in front of a New York hotel before addressing a Goldman Sachs conference on Sept. 17. (cwa-union.org, Sept. 17) La lucha continúa.Support for unions increasesSupport for labor unions is on the rise, according to an Aug. 17 Gallup poll. The nationwide survey found a 5 percent increase in approval of labor unions between 2014 and 2015. After dipping to an all-time-low 48 percent approval rating in 2009, union support began a slow climb, reaching 53 percent in 2014, with a leap to 58 percent in 2015.The survey found higher union approval ratings among women, at 63 percent, versus men, at 52 percent. In the East and Midwest, the two areas of the country with the highest number of union members, at least two-thirds had favorable opinions of unions. In the South, where only 6 percent of workers have a union, support was the lowest at 45 percent. Respondents aged 18 to 34 were the most likely to approve of unions at 66 percent. (Gallup.com, Aug. 17) As the largely youth-led movement for a $15 minimum wage and union representation — with high participation of women and people of color — continues to gain momentum and win results, the upward trend is likely to continue.Appeal to unions for Mumia Abu-JamalAn organizing meeting was called in New York City on Sept. 11 by the Free Mumia Abu-Jamal Coalition (NYC) to mobilize pressure on the state of Pennsylvania to provide immediate lifesaving treatment to cure Abu-Jamal’s active hepatitis C. A resolution demanding such treatment — passed unanimously on Aug. 9 by the Delegate Assembly of the National Writers Union, United Auto Workers Local 1981 — was raised as an example of what should be done. (WW, Aug. 20) After NWU member Sue Davis raised that at a Workers World Party meeting, it was decided that a campaign for unions and other progressive organizations to pass similar resolutions should be initiated. For more information about this campaign, see Millions for Mumia at iacenter. org.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Deep organizing key to historic Flint Sit-Down Strike

first_imgFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this These slightly edited remarks were given at a July 9 Workers World Party webinar on “Introduction to Revolutionary Deep Organizing.”   There is a medical definition for “inoculation”: a set of methods of inducing immunity against various infectious diseases. The capitalists inoculate people against unionization. So what does it mean for us in the context of the class struggle? What are the potential infections, and where and who do they come from? How do we inoculate ourselves and our constituents from these dangers that can impede the struggle?As it is medically, inoculation is basically preparation for the hazards we face. What kinds of preparations are needed to inoculate against defeat and to win against capital? And how has today’s labor movement failed in this area? That’s a factor in a series of defeats for workers, resulting in givebacks and concessions — even now, when the wealthy class is richer than ever and can easily afford to meet our demands.There are great examples of class struggle unionism, of left-led unions in history which engaged and prepared the rank and file for fierce class battles. We can learn a lot from the 1930s, from the Flint Sit-Down Strike of 1937, where communist leadership proved decisive.There are some misconceptions about this historic strike, which began on Dec. 30, 1936, and ended on Feb. 11, 1937 — when General Motors agreed to do something it swore it would never do: recognize the United Auto Workers union. The big misconception is that the strike was a spontaneous event — that there was no preparation, that angry workers just stopped work and took over the plants.Flint Sit-Down Strike children’s picket line, Feb. 3, 1937. Not only the strikers inside, but their families, had to be ‘inoculated’ against GM’s intimidation tactics.Communists prepare for GM strikeIn fact, UAW Vice President Wyndham Mortimer, a member of the Communist Party, arrived In Flint, Mich., in June 1936, and immediately began preparing for a showdown with GM. He managed to get the addresses of GM workers and then mailed them weekly mimeographed letters.  They were smuggled into the plants and passed hand-to-hand down the assembly line.Mortimer made house visits and phone calls, slowly signing up and building a nucleus of union supporters. He went out of his way to bring Black and immigrant workers into the organizing drive. And he held a secret meeting in a Black church by candlelight in the wee hours of the morning.Regular meetings were held at the UAW headquarters in the Pengelly Building, where a number of left-wing parties also had offices. One of the educational leaflets discussed there was titled “What to do in case of a sit-down.”UAW President Homer Martin, who was hostile to the left forces,, maneuvered to have Mortimer transferred out of Flint. But the replacement was Bob Travis, also a CP member, who had distinguished himself as a skilled organizer at a GM plant in Toledo, Ohio.On Nov. 13, 1936, there was what union organizers deemed a “dress rehearsal.” Bud Simons, another CP member, was a union organizer inside Fisher GM Body Plant Number One. When management tried to cut the number of workers on a particular job — an example of the hated speedup, a major motivating force in the union drive — some workers began arguing with the foreman and stopped working for a short time, shutting down the assembly line.The next day two workers came to work to find their time cards pulled. They had been fired. The foreman tried to fire a third worker involved in the dispute. All the workers in the area stood still.  They stayed inside the plant, but refused to work. Before production resumed, the worker who was still in the plant was not fired.  The other two workers were located in town and put back on the job.This kind of preparation is inoculation against fear and intimidation. According to the law, the workers had the right to organize.  But in reality, GM was using the threat of being fired to keep the company union-free. Workers could be fired for the slightest offense. Union supporters wore their union buttons inside their shirt collars.To overcome the fear, the workers had to feel their own power — the power to stop production — and win in a short skirmish with the boss.Workers occupy plants, more sit-ins followAll this was necessary to prepare workers to occupy the plants. Once the occupation began, Travis continued deep organizing among the workers, their families and the community to build strike support. He had a system of folders. One was for spouses — who proved instrumental in winning the strike through the Women’s Emergency Brigade and the Women’s Auxiliary.  Both were led by left-wing women. Another folder was for children, and another for school teachers.  One folder was for bus drivers, who were also on strike at the time. And so on.Simons and Joe Devitt and Walt Moore, his comrades inside the Fisher Body plant,  were also key. Henry Kraus, the chief propagandist during the strike, wrote: “They were very good organizers, not only natural organizers. Part of their political training was organizational. You do these things; you have to. Communists are that way, you know. … You have to have a committee to do this and a committee to do that. Before you could say the word ‘go,’ they had everything on the way.”This high level of class-conscious organizing helped bring the world’s largest corporation to its knees. This led to a whole slew of union victories after workers sat down in factories, stores, hotels, hospitals, restaurants and other workplaces.Unfortunately, the kind of leadership that led the militant fights of the 1930s was driven out of most unions during the McCarthyite witch hunt. McCarthyism gained steam in 1949, after the victory of the Chinese Revolution struck fear in the hearts of the ruling class.The union-busting Taft-Hartley Act, passed in 1947, had a clause that made it illegal for Communist Party members to hold elected union office. TheCongress of Industrial Organizations, which led the struggle in the late 1930s, was now led by Philip Murray, who embraced class collaborationism. All member unions were ordered to adhere to the Taft-Hartley stipulation. The 11 left-led unions which refused were expelled from the CIO.The other unions embarked on a massive purge of CP members, as well as members of the Socialist Workers Party — even though Taft-Hartley didn’t apply to them. They also campaigned to have the left unions decertified through National Labor Relations Board elections and replaced with anti-communist unions.Today, only two of the 11 radical unions have survived: the United Electrical Workers, which still upholds the model of rank-and-file driven unionism, and the International Longshore Workers Union, which shut down the ports all along the West Coast on Juneteenth. You can bet it takes a deep style of organizing to get workers to partake in that form of class struggle!The working class is rising. Power to the workers and oppressed!Grevatt, a UAW member, retired last year from working 31 years at Fiat Chrysler.last_img read more

The Math Says Time for State Ag Statistician Matli to Retire

first_img Facebook Twitter SHARE Matli-retiring-from-NASSGreg Matli, Indiana State Statistician for USDA’s National Agricultural Statistics Service is calling it a career. His final day on the job is March 28, 2020, capping a long career looking at a lot of numbers.“I started out as a field enumerator for NASS back in 1985, so it’s been 34 years from an enumerator collecting the data, out talking to farmers to going back and getting some statistical classes to become a statistician. It’s been a great 34 years,” he told HAT.One hallmark of Matli’s years at NASS has been a willingness to get out from behind the desk and meet farmers and discuss issues and concerns with them.“You know the farmers are a great group of guys and gals to talk to. We don’t try to hide anything on how we do anything, so as long as they’re willing to meet us at the table and talk with us, we’ll explain exactly how our processes work, and it’s really not our report. It’s their report. It’s their numbers to provide that equal and level footing on the playing field since they can’t compete with the large corporations that can gather data on their own.”And being willing to meet with his constituency has meant facing some harsh words on occasion.“There’s sometimes I walk into a room and I know it’s going to be a loaded room, like this past August,” he said. “I knew when I walked into a room then it was going to be some harsh words to USDA. I don’t take them personally, but just give us an opportunity to explain how we do it. Like I tell them, we go to the horse’s mouth, we go to the farmer to get the data.”Retirement means moving back to Illinois to help Matli’s father on the farm, helping his brother with his catering business, and helping his daughter as she begins a goat dairy operation. No replacement Indiana state statistician has yet been identified. Matli says that could be set by late summer to early fall.Matli took over as the state statistician when Greg Preston moved to USDA/NASS in Washington in 2013. Congratulations and good luck in retirement Greg! Facebook Twitter By Andy Eubank – Feb 10, 2020 SHARE The Math Says Time for State Ag Statistician Matli to Retire Home Indiana Agriculture News The Math Says Time for State Ag Statistician Matli to Retire Previous articleINFB Honors County Young Farmers & Ag Professionals at 2020 ConferenceNext articleSome Improvement in Indiana ARC/PLC Enrollment, but not Enough Andy Eubanklast_img read more

Events held to mark 200th anniversary of HMS Saldanha tragedy

first_imgNewsx Adverts Events held to mark 200th anniversary of HMS Saldanha tragedy By News Highland – December 3, 2011 Arranmore progress and potential flagged as population grows Google+ Loganair’s new Derry – Liverpool air service takes off from CODA Twitter Twitter Community Enhancement Programme open for applications Pinterest Facebook WhatsAppcenter_img RELATED ARTICLESMORE FROM AUTHOR Google+ Facebook Pinterest Important message for people attending LUH’s INR clinic Publicans in Republic watching closely as North reopens further A series of events take place in Donegal this weekend  to mark the deaths of over 250 sailors who were drowned when the HMS Saldanha sank off the coast of Lough Swilly almost 200 years ago today.Today (Saturday) there is a gathering at The Abbey Graveyard, Rathmullen where the Captain of the fateful ship, Captain Pakenham, is buried.There will also be a talk from historian John O’Raw.On Sunday people  are requested to assemble at the lay bye along the Knockalla Coast Road at 2 o’clock overlooking Ballymastocker Bay which is reputed to be the last sighting of the vessel.A granite Memorial Stone will be unveiled thereAnother talk will be given in The Stores at Portsalon by John O’Raw at 2.30pm) on other aspects of that fateful event and then all will walk via the Golf Course to where the reputed mass grave site is along the 18th Fairway.It is also anticipated that the huge Beacon at Fort Dundree will be lit on Sunday afternoon in what promises to be a very dramatic and poignant event, as it is rarely used. Previous articleU-21 final postponed due to tragedyNext articleFlanagans of Buncrana has 8.4 million euro in debts News Highland WhatsApp Renewed calls for full-time Garda in Kilmacrennanlast_img read more