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Dockworkers in US Eastern & Gulf ports go on strike over pay demands
The union representing 45,000 dockworkers in the United States announced a strike at midnight on Tuesday in American ports all the way from Maine to Texas. The workers are asking for better pay and guarantees against automation as the shipping industry has seen skyrocketing profits this year. The industrial action could cause higher inflation and shortages ahead of the US presidential election. Also, Ivory Coast responds to soaring global cocoa prices by increasing its buyers' price by 20 percent.
The union representing 45,000 dockworkers in the United States announced a strike at midnight on Tuesday in American ports all the way from Maine to Texas. The workers are asking for better pay and guarantees against automation as the shipping industry has seen skyrocketing profits this year. The industrial action could cause higher inflation and shortages ahead of the US presidential election. Also, Ivory Coast responds to soaring global cocoa prices by increasing its buyers' price by 20 percent.
