• About
  • Blog
  • Best Brokers Worldwide
  • Contact
  • Home
  • Forex
    Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

    Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

    Markets turn cautious as focus shifts to US data, FOMC Minutes

    Markets turn cautious as focus shifts to US data, FOMC Minutes

    Dollar soars on hopes the US could avoid recession despite the aggressive Fed

    Dollar soars on hopes the US could avoid recession despite the aggressive Fed

    Putin allows Russian banks under sanctions to halt some FX operations

    Putin allows Russian banks under sanctions to halt some FX operations

    South Korea probes $3.1bn crypto-linked forex transactions

    South Korea probes $3.1bn crypto-linked forex transactions

    All ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger

    All ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger

    Paraguay’s crypto framework one step away from becoming law

    Paraguay’s crypto framework one step away from becoming law

    Looking to preserve forex reserves, Nepal extends import ban on ten items

    Looking to preserve forex reserves, Nepal extends import ban on ten items

    What is currency arbitrage, and is it profitable?

    What is currency arbitrage, and is it profitable?

  • Education
    AUD/USD Rises Despite Wall Street Selloff as Chinese Flooding Lifts Coal Prices

    AUD/USD Rises Despite Wall Street Selloff as Chinese Flooding Lifts Coal Prices

    Euro Forecast: EUR/USD Outlook Bleak as Traders Rush for US Dollars

    Euro Forecast: EUR/USD Outlook Bleak as Traders Rush for US Dollars

    RAND UPDATE: ZAR STRENGTH MAY BE SHORT LIVED AHEAD OF BUDGET SPEECH

    RAND UPDATE: ZAR STRENGTH MAY BE SHORT LIVED AHEAD OF BUDGET SPEECH

    CRUDE OIL PRICES MAY RISE ON US STIMULUS HOPES

    CRUDE OIL PRICES MAY RISE ON US STIMULUS HOPES

    IG CLIENT SENTIMENT DATA SENDING BEARISH SIGNALS FOR USD/ JPY, AUD/USD, GBP/ USD

    IG CLIENT SENTIMENT DATA SENDING BEARISH SIGNALS FOR USD/ JPY, AUD/USD, GBP/ USD

    EUR/AUD BREAKOUT COULD GROW LEGS

    EUR/AUD BREAKOUT COULD GROW LEGS

    CHINESE YUAN (CNH) DRIVING CURRENCY MARKETS; HOWEVER, TRUMP RISK REMAINS

    CHINESE YUAN (CNH) DRIVING CURRENCY MARKETS; HOWEVER, TRUMP RISK REMAINS

    GOLD PRICE REBOUND UNRAVELS AS TRUMP SEEKS POST-ELECTION STIMULUS BILL

    GOLD PRICE REBOUND UNRAVELS AS TRUMP SEEKS POST-ELECTION STIMULUS BILL

    JAPANESE YEN FORECAST: MOMENTUM PUSHING JPYCROSSES HIGHERLEVELS FOR EUR/ JPY, GBP/JPY, USD/ JPY

    JAPANESE YEN FORECAST: MOMENTUM PUSHING JPYCROSSES HIGHERLEVELS FOR EUR/ JPY, GBP/JPY, USD/ JPY

  • Commodities
    Panamanian trade unions reach agreement with government on essential commodities

    Panamanian trade unions reach agreement with government on essential commodities

    Dollar surges and stocks tumble as traders weigh global growth outlook

    Dollar surges and stocks tumble as traders weigh global growth outlook

    Can commodities make a comeback?

    Can commodities make a comeback?

    CME looks to lure retail traders with daily options frowned on in Europe

    CME looks to lure retail traders with daily options frowned on in Europe

    The traders earning $6m+ outside banks and hedge funds

    The traders earning $6m+ outside banks and hedge funds

    CFTC eyes potential oversight of cryptocurrencies, carbon trading – commissioner

    CFTC eyes potential oversight of cryptocurrencies, carbon trading – commissioner

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

  • Cryptocurrencies
    Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

    Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

    Yen shorts crumble as hot FX trade comes to end

    Yen shorts crumble as hot FX trade comes to end

    Brevan Howard Scores Largest Crypto Hedge Fund Launch Ever

    Brevan Howard Scores Largest Crypto Hedge Fund Launch Ever

    Crypto Is Coming to Esports: The Games and Economics of Tomorrow

    Crypto Is Coming to Esports: The Games and Economics of Tomorrow

    Singapore’s crypto aspirations shaken by Three Arrows collapse

    Singapore’s crypto aspirations shaken by Three Arrows collapse

    Crypto exchange Coinbase looks to expand footprint in Europe

    Crypto exchange Coinbase looks to expand footprint in Europe

    How ETF investors can bet on the crypto crash

    How ETF investors can bet on the crypto crash

    ‘Like Coming Off Heroin’: How Bad Will This Bitcoin Bear Market Get?

    ‘Like Coming Off Heroin’: How Bad Will This Bitcoin Bear Market Get?

    SBF and Alameda step in to prevent crypto collapse contagion

    SBF and Alameda step in to prevent crypto collapse contagion

FX Access
  • Home
  • Forex
    Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

    Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

    Markets turn cautious as focus shifts to US data, FOMC Minutes

    Markets turn cautious as focus shifts to US data, FOMC Minutes

    Dollar soars on hopes the US could avoid recession despite the aggressive Fed

    Dollar soars on hopes the US could avoid recession despite the aggressive Fed

    Putin allows Russian banks under sanctions to halt some FX operations

    Putin allows Russian banks under sanctions to halt some FX operations

    South Korea probes $3.1bn crypto-linked forex transactions

    South Korea probes $3.1bn crypto-linked forex transactions

    All ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger

    All ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger

    Paraguay’s crypto framework one step away from becoming law

    Paraguay’s crypto framework one step away from becoming law

    Looking to preserve forex reserves, Nepal extends import ban on ten items

    Looking to preserve forex reserves, Nepal extends import ban on ten items

    What is currency arbitrage, and is it profitable?

    What is currency arbitrage, and is it profitable?

  • Education
    AUD/USD Rises Despite Wall Street Selloff as Chinese Flooding Lifts Coal Prices

    AUD/USD Rises Despite Wall Street Selloff as Chinese Flooding Lifts Coal Prices

    Euro Forecast: EUR/USD Outlook Bleak as Traders Rush for US Dollars

    Euro Forecast: EUR/USD Outlook Bleak as Traders Rush for US Dollars

    RAND UPDATE: ZAR STRENGTH MAY BE SHORT LIVED AHEAD OF BUDGET SPEECH

    RAND UPDATE: ZAR STRENGTH MAY BE SHORT LIVED AHEAD OF BUDGET SPEECH

    CRUDE OIL PRICES MAY RISE ON US STIMULUS HOPES

    CRUDE OIL PRICES MAY RISE ON US STIMULUS HOPES

    IG CLIENT SENTIMENT DATA SENDING BEARISH SIGNALS FOR USD/ JPY, AUD/USD, GBP/ USD

    IG CLIENT SENTIMENT DATA SENDING BEARISH SIGNALS FOR USD/ JPY, AUD/USD, GBP/ USD

    EUR/AUD BREAKOUT COULD GROW LEGS

    EUR/AUD BREAKOUT COULD GROW LEGS

    CHINESE YUAN (CNH) DRIVING CURRENCY MARKETS; HOWEVER, TRUMP RISK REMAINS

    CHINESE YUAN (CNH) DRIVING CURRENCY MARKETS; HOWEVER, TRUMP RISK REMAINS

    GOLD PRICE REBOUND UNRAVELS AS TRUMP SEEKS POST-ELECTION STIMULUS BILL

    GOLD PRICE REBOUND UNRAVELS AS TRUMP SEEKS POST-ELECTION STIMULUS BILL

    JAPANESE YEN FORECAST: MOMENTUM PUSHING JPYCROSSES HIGHERLEVELS FOR EUR/ JPY, GBP/JPY, USD/ JPY

    JAPANESE YEN FORECAST: MOMENTUM PUSHING JPYCROSSES HIGHERLEVELS FOR EUR/ JPY, GBP/JPY, USD/ JPY

  • Commodities
    Panamanian trade unions reach agreement with government on essential commodities

    Panamanian trade unions reach agreement with government on essential commodities

    Dollar surges and stocks tumble as traders weigh global growth outlook

    Dollar surges and stocks tumble as traders weigh global growth outlook

    Can commodities make a comeback?

    Can commodities make a comeback?

    CME looks to lure retail traders with daily options frowned on in Europe

    CME looks to lure retail traders with daily options frowned on in Europe

    The traders earning $6m+ outside banks and hedge funds

    The traders earning $6m+ outside banks and hedge funds

    CFTC eyes potential oversight of cryptocurrencies, carbon trading – commissioner

    CFTC eyes potential oversight of cryptocurrencies, carbon trading – commissioner

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

  • Cryptocurrencies
    Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

    Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

    Yen shorts crumble as hot FX trade comes to end

    Yen shorts crumble as hot FX trade comes to end

    Brevan Howard Scores Largest Crypto Hedge Fund Launch Ever

    Brevan Howard Scores Largest Crypto Hedge Fund Launch Ever

    Crypto Is Coming to Esports: The Games and Economics of Tomorrow

    Crypto Is Coming to Esports: The Games and Economics of Tomorrow

    Singapore’s crypto aspirations shaken by Three Arrows collapse

    Singapore’s crypto aspirations shaken by Three Arrows collapse

    Crypto exchange Coinbase looks to expand footprint in Europe

    Crypto exchange Coinbase looks to expand footprint in Europe

    How ETF investors can bet on the crypto crash

    How ETF investors can bet on the crypto crash

    ‘Like Coming Off Heroin’: How Bad Will This Bitcoin Bear Market Get?

    ‘Like Coming Off Heroin’: How Bad Will This Bitcoin Bear Market Get?

    SBF and Alameda step in to prevent crypto collapse contagion

    SBF and Alameda step in to prevent crypto collapse contagion

FX Access
No Result
View All Result

Panamanian trade unions reach agreement with government on essential commodities

Panamanian trade unions reach agreement with government on essential commodities

poweradmin by poweradmin
July 29, 2022
Home Commodities
Share on FacebookShare on Twitter

After almost a month of national strike against the high cost of living, peoples’ movements win the reduction of the cost of essentials by 30%

After three weeks of national strike and nationwide demonstrations and roadblocks in protest against the cost of living crisis in Panama.

the right-wing government of President Laurentino Cortizo was forced to engage in negotiations with the organizations behind the protests in Penonomé on July 21.

On July 24, the fourth day of negotiations, representatives from various popular movements and social organizations, which have been mobilizing across the country since July 1, reached the first agreement with the government. The leaders of the People United for Life Alliance from the capital Panama City, the National Alliance for the Rights of the Organized People (ANADEPO) from Veraguas, and the Indigenous organizations from the Ngäbe Buglé region, the three organizers of the ongoing national strike, succeeded in convincing the national government to reduce the cost of essential commodities by 30%.

According to the agreement, the government will reduce the prices of some 72 products, including food and hygiene items

By implementing measures such as price caps, subsidies on national products, and tariff reduction with control of the marketing margin.

The government also agreed to present a bill to the National Assembly within 30 days to expand and strengthen the coercive powers of the Authority for Consumer Protection and Defense of Competition (ACODECO), the agency in charge of regulating prices and quality of services. It also promised to present a plan to carry out fairs and open stores throughout the country to market merchandise from national producers. In addition, the government committed to prioritizing micro, small and medium-sized producing companies in the Agricultural Development Plan.

Saúl Méndez, general secretary of the Single Union of Construction Workers (SUNTRACS) and one of the representatives of the People United for Life Alliance, welcomed the agreement, however, he stressed that the government didn’t agree to all six demands raised by the organizations with respect to the changes in prices.

“We have managed to get the government to reduce and freeze the prices of more than 70 items…There are three points on which there is no consensus, and which we will continue to debate,” said Méndez.

Establishment of maximum profit margins for intermediaries (marketing, distribution and sales channels) that allow profitability, but do not affect the quality of the healthy basic food items, is one of the three demands.

The reduction and freezing of the price of basic commodities was one of the eight substantial demands that the organizations had brought to the negotiation table. Other demands include reduction and freezing of the price of fuel, freezing the price of medicine and resolving the lack of medicine supply, allocation of 6% of the GDP for the public education budget, reducing and freezing the price of electricity, measures to combat corruption, evaluation of the crisis of the social security fund and the establishment of an intersectoral and monitoring table.

Representatives of social movements and trade unions are engaged in dialogue with the government officials around these demands. Meanwhile, thousands of people are in the streets, struggling against deepening inequalities and fighting for a dignified life.

The government authorities are responding to these mass protests with violent repression in streets, demonization in mainstream media, and other maneuvers. In the past days, the protesters have been attacked by right-wing extremist groups, even in the presence of security forces.

On the morning of July 25, different organizations denounced the extremist supporters of the ruling party, guarded by the security forces, for attacking protesters in Pacora with sticks and stones. The organizations condemned the attacks and the complicity of the police. They demanded an end to repression, stressing that dialogue cannot happen in such a situation. They also stated that they would hold the national government responsible for wrongdoings in Pacora.

poweradmin

poweradmin

Next Post
Crypto Is Coming to Esports: The Games and Economics of Tomorrow

Crypto Is Coming to Esports: The Games and Economics of Tomorrow

Recommended.

Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

August 23, 2022
Markets turn cautious as focus shifts to US data, FOMC Minutes

Markets turn cautious as focus shifts to US data, FOMC Minutes

August 23, 2022
Dollar soars on hopes the US could avoid recession despite the aggressive Fed

Dollar soars on hopes the US could avoid recession despite the aggressive Fed

August 23, 2022
Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

August 12, 2022
Putin allows Russian banks under sanctions to halt some FX operations

Putin allows Russian banks under sanctions to halt some FX operations

August 10, 2022
FX Access


FX Access tells you what’s new in politics, investment and economic, why it matters, how it works and what you need.

Follow Us

Categories

  • Commodities
  • Cryptocurrencies
  • Economic
  • Education
  • Forex

Recent News

Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

August 23, 2022
Markets turn cautious as focus shifts to US data, FOMC Minutes

Markets turn cautious as focus shifts to US data, FOMC Minutes

August 23, 2022
  • About
  • Blog
  • Best Brokers Worldwide
  • Contact

© 2022 FX Access | All rights reserved.

No Result
View All Result
  • Home
  • Forex
  • Education
  • Commodities
  • Cryptocurrencies

© 2022 FX Access | All rights reserved.