Monday, September 6, 2010

It Doesn't Happen Only In Kolkata

Yesterday had  a chat with my friend from Mumbai and discussed whether yesterday's huge rise in the Stock Markets was for real or a Bull trap. The answer could be read in my post at  http://www.vipreetinvestments.blogspot.com . He made a comment saying it is a truncated week with the 10th being a trading holiday AND tomorrow would be better considered a non trading day since KOLKATA had called a nationwide Bandh (strike in English).

The state of West Bengal is notorious for strikes and continues to be so. But after reading today's Newspaper I felt I should oppose this view and let the world know that "It doesn't hapen only in Kolkata". This is a news item in today's Telegraph.



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France strikes
Paris, Sept. 6 (Reuters): France faces serious rail and air traffic disruption from strikes beginning late today as trade unions seek to mobilise millions of protesters against plans to raise the retirement age.
The strikes, mostly scheduled to last 24 hours and organised to coincide with the presentation of a pension reform bill to parliament tomorrow, are expected to hit public transport and schools badly. London's underground rail network also faces disruption tomorrow as workers strike over pay and job cuts. The French unions, who backed street marches on Saturday over President Nicolas Sarkozy’s law-and-order stance hope two million people or more will take to the streets for tomorrow’s pension protest.

No, I am not in favour of Bandhs. Just putting across the point that it happens almost everywhere.Le me know what you think.


3 comments:

  1. 100% agree Kolkotta is not the only state for notorious strikes. Including all whether our India or europe or elsewhere. All are same.

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  2. Agreed Kolkata is not the only place where bandhs occur. But it is the one where it happens at the drop of a hat. If the Bandhs were done for all good causes it would be good. But almost all of them are for political mileage

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  3. In fact even for good causes bandhs are not necessary. It is just harassment to the general public and a wage cut to the daily wage earner

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