Geopolitical tensions, economic data likely to affect yellow metal's prices, expert says
“This is an unprecedented decision... on which we can build,” Majdalani told AFP, dismissing criticism that the rate was to low.
Responding to a call by Palestinian trade unions, scores of workers demonstrated outside the parliament building, chanting: “The poor do not agree with Fayyad.”
Tuesday’s vote also set a daily private sector minimum wage of 65 shekels ($16.80, 13 euros) and an hourly floor of 8.5 shekels ($2.20, 1.7 euros). It is the result of recommendations made by a committee of government and trade union officials and employers’ representatives, after 18 months of discussions.
Shaher Saad, head of the Palestine General Federation of Trade Unions, said that the low minimum would “further encourage the exodus of Palestinian labour to Israeli settlements and abroad.”
But the head of the General Union of Palestine Workers, which is linked to the Palestine Liberation Organisation (PLO), hailed the move as “a historic day for Palestinian workers.”
“We agreed to a minimum wage, given the fact that this is the first time in Palestinian history,” Haidar Ibrahim told AFP. “It is to be reviewed in a year.”
Ibrahim said that the Palestinian private sector employs about one million people including “nearly 100,000 workers earning between 400 and 700 shekels ($104-$181, 80-140 euros) per month.”
The Palestinian Authority, which governs the autonomous areas of the West Bank has lately been facing mounting social discontent driven by mounting inflation, especially higher fuel prices.
Geopolitical tensions, economic data likely to affect yellow metal's prices, expert says
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Hundreds of social workers and volunteers are working round the clock, providing essentials to those affected by the unprecedented rainfall
The floodwaters spared nothing, soaking their furniture, rendering household appliances useless, and destroying the newly-purchased school books
Second-placed Liverpool remain three points behind Arsenal, who have a vastly superior goal difference
The in-form Italian will move to within 330points of World No 1 Djokovic if he wins his fourth trophy of 2024 at the Madrid Open
The King, 88, had undergone gallbladder surgery in 2020
Delhi posted 224-4 courtesy of a 113-run stand between Pant (88) and fellow left-hander Axar Patel, who hit 66