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Turkish Foreign Minister: Today, I spoke with Iranian Foreign Minister Araqchi, and we discussed the latest developments in the current (US-Iran) negotiation process. Turkey will continue its efforts to end the regional conflict and establish lasting peace.Trump Media has launched the Truth API, a paid service that allows subscribers to access posts on Truth Social earlier and in real-time than regular users. The service, costing up to $100,000 per month, is primarily targeted at trading companies and businesses.On August 2nd, Iranian Foreign Minister Araqchi held separate phone calls with Pakistani Army Chief of Staff Mohammad Munir and Turkish Foreign Minister Fedan Ibrahim on August 1st, local time. During the calls, the parties discussed the latest regional situation and exchanged views on the consequences of the United States aggressive and destabilizing actions, as well as the escalating regional tensions and security risks. Araqchi warned the US military against any risky actions and emphasized that Iran is fully prepared to safeguard its national sovereignty, security, and territorial integrity, and will resolutely respond to any infringement.According to Saudi media alhadath, the Iraqi Armed Forces Commander-in-Chief has ordered the establishment of a Joint Security Committee, instructing it to fulfill its responsibilities in protecting sovereignty and good neighborly relations.On August 2, Irans Islamic Revolutionary Guard Corps (IRGC) stated that its air force launched multiple ballistic missiles that morning at a U.S. F-35 fighter jet maintenance hangar and tarmac at the Azraq Air Base in Jordan, in retaliation for the U.S. attack on Qeshm Island. The IRGC claimed the attack destroyed three F-35 fighter jets and severely damaged three others.

Telmex of Mexico provides new employees with a pension plan that is union-friendly

Skylar Williams

Sep 01, 2022 11:07

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Telmex, the Mexican telecommunications corporation founded by the family of business billionaire Carlos Slim, presented a new offer to union workers on Wednesday, which included enhanced retirement benefits for new hires.


According to a document shared with union employees and accessed by Reuters, new hires will receive a pension equal to one hundred percent of their last net wage upon retirement, based on their job category, after 35 years of service and at age 65.


It was said that this sum would include the pension given by the Telmex contract as well as employee benefits from the Mexican Social Security Institute (IMSS).


The Mexican Telephone Workers Union, or STRM for its Spanish acronym, is likely to submit a counter-proposal, according to a union spokesman, who also noted that the company's overall proposal lacked certain areas that the union wanted to address.


According to a statement made by Telmex, the parties involved, including Mexico's labor minister, have agreed to continue negotiations until September 20.


The union, which represents 60,000 active and retired employees, began a two-day strike on July 21, the first in four decades, after negotiations with Telmex over salary hikes, unfilled job openings, and benefits for new hires broke down.


The strike ended the next day when Telmex, a subsidiary of Slim's America Movil (NYSE:AMX), and the union agreed to form a committee with 20 days to find a resolution.


Telmex's proposal aims to improve perks, including support for new hires purchasing homes through Infonavit, the largest housing finance institution in the state.


The company's proposal did not appear to tackle many previous sticking points, such as the roughly 2,000 open positions.


Telmex wants to enhance its financial resources and invest them in technology and the formation of new enterprises during the next ten years.


The recommendation added, "To make this feasible, we must optimize our resources or reduce our expenses." "We must supply oxygen to the company."

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