French Workers stay at home for Whit Monday

Monday, May 16, 2005 In France, workers by the millions stayed at home during the Whit Monday holiday despite the government’s cancellation of the traditional Pentecost public holiday. Some acted in defiance of the government’s decision, while some took leave or were put on forced leave by their employers due to uncertainties of public transportation. […]

Read More
Posted in Uncategorized

Chinese stock markets plunge after tax increase

Wednesday, May 30, 2007 In trading Wednesday, the Chinese stock markets plunged after the government tripled a tax on securities transactions. The so-called stamp tax was raised from 0.1% to 0.3% in an effort to cool the rapidly rising market. The Shanghai Composite Index of A-shares fell 6.5%. The CSI 300 fell 6.8%, with over […]

Read More
Posted in Uncategorized