Civil servants in Malawi national demonstration titles

Lilongwe (Reuters)-thousands of Malawi's civil servants took to the streets in three main cities of the country, Wednesday and marched peacefully to protest low wages and poor working conditions.

The civil servants are starting to leave their respective office since 11 February, to force the Government to raise salaries and improve their working conditions.

Following the development of the situation, the most important sectors in the country such as health, education and civil aviation, ceased operations on Wednesday.

Meanwhile, according to the report, services to domestic and foreign from Malawi airport canceled that day.

Xinhua reporters witnessed the peaceful protests in the capital city of Malawi, Lilongwe, where hundreds of heavily armed police guarding the Malawi workers community service sector protested to keep quiet.

By wearing the national flag of Malawi in Lilongwe, protesters marched as far as five kilometers to Capital Hill, where they handed over a petition containing a 10-article to the Government officials, Xinhua said.

President of Malawi's civil servants (MCSTU) Elijah Kamphinda Banda said among thousands of civil servants there are teachers, nurses, doctors, and of the various departments and ministries.

"Most of our demands is the Government must streamline their civil servant salaries to be at least 75,000 MK (about 210 US dollars) and the salaries of civil servants who have a degree (professional level) must be aligned at least 186.000 MK (of 520 u.s. dollars)," said Kamphinda Banda.

At present, civil servants are paid the lowest in Malawi earns 55 u.s. dollars, while a civil servant with the title received a salary of 180 u.s. dollars.

A petition demanding the Government civil servants consider salary increases based on the economic changes such as inflation and the devaluation.

(C003)

News; Finance; Insurance; Health; Cancer

News; Finance; Insurance; Health; Cancer; Car Insurance; Health Insurance

Read More

Exclusive: Stark to leave the ECB about buying titles

Policymaker European Central Bank (ECB), Juergen Stark speaks during a dinner at a hotel in April Hong Kong 12.2011.

Credit: Reuters/Tyrone Siu

FRANKFURT (Reuters)-member of the Executive Board of the European Central Bank Juergen Stark will resign from Office, because of a conflict about the controversial program purchase securities of the ECB, Reuters sources said on Friday.

The ECB confirmed Stark would be the second German to leave the Bank policymaker this year after exiting the Bundesbank Chief Axel Weber on February-a motion also stimulated by his opposition to the bond program.

The Bank, "Stark said he resigned for personal reasons, but two sources said Reuters was related to the purchase link that has rescued the Italy and Spain last month of the crisis and the euro and European stock markets fell in response.

Bond yield spreads, however, to the periphery fight of Europe were only slightly higher.

Stark's departure would be a blow to the ECB, whose experienced President, Jean-Claude Trichet, is due to retire at the end of October. Trichet will be replaced by Mario Draghi, Italy whose native has been under attack from markets.

"This is remarkable," said Manfred Neumann, professor emeritus of Economics at the University of Bonn and former thesis Adviser to the President of the Bundesbank Jens Weidmann.

"Stark held the same view of buy link as Axel Weber and current Bundesbank President. Is a position that all Germans have. This is a sign of enormous problems within the central bank. The Germans clearly has a problem with the direction of the ECB. "

Stark and Weidmann, along with two other members of the Governing Council 23 Members, against the resurgence of ECB bond-buy last month.

The ECB reactivated the program after a week of 19 pause to help hold down borrowing costs in Italy and in Spain.

The ECB is, however, worried that by purchasing titles sovereigns of Italy's third largest economy-eurozone-only is encouraging the Italian Government to slow down efforts to shore up its finances and has been angry with flip-flopping in Rome.

Stark, 63, had been a member of the Executive Board of six members of the ECB since June 2006 and held the influential economy portfolio.

His tenure in the Council, whose members form the Council of the ECB together with the heads of the National Bank of the euro zone, was until 17 May 31, 2014.

The news that shirk Stark comes amid sharp criticism of the ECB's actions by some economists and politicians in his native Germany.

Trichet took aim at France, Germany and Italy on Thursday to sprinkle the budget rules of European stability and Growth Pact, saying that this contributed to the fiscal mess that finally pushed the ECB to buy the debt troubled economies in bond markets.

"If we embarked on the SMP program (sulfite) ... was because the Governments concerned had not acted properly," he said in an impassioned defense of record of the ECB at its monthly news conference.

(Reporting by Andreas Framke and Alexander Huebner; written by Paul Carrel)

View the original article here

Peliculas Online

Read More