Carrefour, the failure of a model

The Carrefour distribution group has announced a major global restructuring that will affect several thousand workers in the group. The measures include the closing of 273 Dia stores in Spain (which will be put on sale or closed) and which will cause job losses. In effect, supermarkets that do not…

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Chile’s pension system, model of privatization for many, crumbles

Luis Montero, 69, a protester whose monthly pension is approximately 150 dollars (about 100,400 Chilean pesos), participated in the march. Like many, Montero has worked mainly in informal jobs without a contract, with income too low to save for retirement. He still does maintenance work in a school so that…

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