As food costs and fuel bills soar, inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes around the world.
FILE -Health workers led by nurses take part in a demonstration over salaries at Parerenyatwa Hospital in Harare, on June, 21, 2022. . costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people's wallets, sparking a wave of protests and workers’ strikes around the world.
“We are not all in this together,” said Matt Grainger, head of inequality policy at antipoverty organization Oxfam. “How many of the richest even know what a loaf of bread costs? They don't really, they just absorb the prices." Meanwhile, striking workers have pressured employers to engage in talks on raising wages to keep up with rising prices.
Peru's government imposed a brief curfew after protests against fuel and food prices turned violent in April. Truckers and other transport workers also had gone on strike and blocked key highways. In some countries, a combination of government corruption and mismanagement underpin the economic turmoil, particularly in politically gridlocked countries likeThe protests reflect a sense of growing financial insecurity. Here's how that has played out in Africa:
— Hundreds of activists this month protested the rising cost of living in Burkina Faso. The U.N. World Food Program says the price of corn and millet has shot up more than 60% since last year, reaching as high as 122% in some provinces.
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