houston news, houston local news, breaking news in houston, houston weather at newscast media

[HOME ]   [ABOUT]   [PHOTOS]    [VIDEO]   [BLOG]   [HOUSTON]   [TEXAS]   [U.S. NEWS]  [WORLD NEWS]   [SPORTS]  [POP CULTURE  [CONTACT]

   

 

                            

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Strikes and riots in France cost the nation $567 million daily

 

 french strikes


  

 by Joseph Ernest  October 25, 2010

 

Newscast Media -- The riots and strikes that are sweeping France, are costing the national economy up to $567 million each day, the French finance minister said Monday, as workers continued to block oil refineries and trash incinerators to protest a plan to raise the retirement age to 62.

Rotting piles of garbage -- approximately 9,000 tonnes of it -- are becoming a health hazard in the Mediterranean city of Marseille, which has been hit hard on land and at sea. Striking dockers at France's largest port are intermittently blocking ships trying to unload fuel there.

Among the industries on strike are 12 refineries in France which have been shut down for nearly two weeks. Although the government has forced some of them to make stocked fuel available, at least one in four gas stations in France has run dry.

French president Nicolas Sarkozy was steadfast amid the growing pressure, determined to reform the retirement system to ensure funds for future generations as life expectancy increases and the nation's debt soars.

"We must be aware that in a world without borders we can't have a French exception ... that exists nowhere else," said lawmaker Pierre Mehaignerie, of Sarkozy's UMP party.

Strikers were clearly counting on derailing the measure before it is signed into law after this week's final voting.                        Add Comments>>  


  

 

         Search

 

       Find newscast media on youtube for houston news and local breaking news        get newscast media news feeds for breaking news, houston local news and world news.          Get our facebook updates on world news, houston news and houston local news including sports         Twitter

 Join the Newscast Media social networks

for current events and multimedia content.


 

 

 

   

 Copyright © Newscast Media. All Rights Reserved. Terms and Privacy Policy