On October 1st, after eight years of exile, former Georgian President Mikheil Saakashvili returned to his home country and was promptly arrested. Since his arrest, he has gone on a hunger strike, and with his condition deteriorating supporters, rights groups, and international observers have expressed concern regarding his treatment.
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American Airlines will pay flight attendants 150% premium pay if they choose to work during the Thanksgiving and Christmas holidays. Furthermore, flight attendants can earn 300% premium pay if no absences are taken during peak holiday time between November 15th and January 2nd.
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Samsung Heavy Industries (SHI), a shipbuilding giant based in South Korea, has announced the closure of its Ningbo plant in eastern China. SHI was believed to have agreed to hand over the land of the Ningbo plant to the local Chinese government for industrial renewal.
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A volcano on the island of La Palma in Spain’s Canary Islands has been erupting for several weeks, forcing hundreds of people to evacuate. The volcano, Cumbre Vieja, started erupting on September 19 and has been spewing out lava ever since. The lava flow forced hundreds, even thousands of the island’s residents to evacuate their homes and has destroyed massive amounts of property.
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On October 25 2021, just over two years after Sudan began a transition to democratic rule, the Sudanese Military, led by Abdel Fattah al-Burhan, staged a coup and removed civilian leaders from power. Abdalla Hamdok, who had been Prime Minister since August 2019 was arrested on October 25, and after refusing to approve the military takeover, was imprisoned in an unknown location.
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The electric car manufacturing giant Tesla reached a trillion-dollar market value last week. Following the announcement that car rental company Hertz would purchase 100,000 Tesla Model 3s, Tesla’s stock price rose 12.7%, raising the company’s market cap past the trillion-dollar mark.
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On October 20th the West African Nation of Benin passed a law that would legalize abortion. Previously abortion was legal in Benin only in cases of rape, incest, or serious health concerns, the new law passed through parliament after heated debate will allow for termination up to three months in cases where the pregnancy was, “likely to aggravate or cause a situation of material, educational, professional or moral distress incompatible with the interests of the woman and/or the unborn child.”
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Nearly two weeks since national elections in the Czech Republic, Czechs still have minimal clarity regarding who will lead the country when the Country’s Parliament meets again in November.
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In an effort to evade job loss of employees at its Rotherham plant in the UK, Liberty Steel, a global steel manufacturing and mining company, has received an injection of nearly $70 million (£50 million) in shareholder funds into the company. This comes after the company’s major financial service lender, Greensill Capital, filed for insolvency protection earlier this year. These funds will be issued through a separate corporate entity called Liberty Captial.
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The CEO of Kraft Heinz, Miguel Patricio, warns the public that higher food prices are not changing in an
interview with the BBC. Numerous factors have resulted in Heinz, and many other companies, raising their food prices. The biggest contributors being an increase in price of ingredients and a lack of labor internationally.