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November 24, 2010

Labor Protests Planned in Ireland Over Cuts
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In Ireland, labor unions are planning a major protest in Dublin on
Saturday against proposed spending cuts and bailout of Irish banks by
the European Union and the International Monetary Fund. To meet the
terms of the international bailout, Ireland’s government is expected to
announce plans today to cut welfare spending sharply, lower the minimum
wage and raise taxes. In addition, reports are emerging that the Irish
government will soon take control of the Bank of Ireland, the only major
Irish bank not already under state control.



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