Sunday, May 6, 2012

Freeport Indonesia On Strike

Attached is an article from Forbes Mnagazine that describes strike that has gone on from July 2011 to February 2012. Work stoppage has not been complete with several work stops and restarts in between.

One detail the article does not describe is that when strike started the union was demanding wages of $30 - $200 an hour - not the South American wages referred to. Of note is that a day laborer in Indonesian city typicly makes about RP(Rupiah)100,000 (US $11) for a day of work.

LINK....
February 2012 Forbes article:

That's all for this time.

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