‘Using us as political pawns’: federal workers reel over threats of firings and withheld back pay

The GuardianSunday, October 12, 2025 at 10:00:49 AM
‘Using us as political pawns’: federal workers reel over threats of firings and withheld back pay
The ongoing US government shutdown has left around 750,000 federal workers furloughed and many more working without pay, creating a climate of anxiety and uncertainty. Union leaders have voiced concerns that these employees are being used as political pawns in a standoff between Republicans and Democrats. This situation not only affects the livelihoods of these workers but also raises questions about the broader implications for government operations and public services. As the deadlock continues, the impact on families and the economy grows more severe.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs
NegativeFinancial Markets
Krone, one of Europe's largest farm machinery firms, has halted its exports to the US due to unexpected and significant tariffs affecting around 400 products, including essential farming equipment. This pause is alarming for both the company and the agricultural sector, as it could disrupt supply chains and increase costs for farmers relying on this machinery. The situation highlights the ongoing challenges businesses face in navigating international trade policies, especially under the current tariff regime.
One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs
NegativeFinancial Markets
Krone, one of Europe's largest farm machinery firms, has halted its exports to the US due to unexpected and significant tariffs affecting around 400 products, including essential farming equipment. This pause is alarming for both the company and the agricultural sector, as it could disrupt supply chains and increase costs for farmers relying on this machinery. The situation highlights the ongoing challenges businesses face in navigating international trade policies, especially under the current tariff regime.
Egypt's Al-Mashat on Economic Impact of Gaza Plan
PositiveFinancial Markets
Egypt's President Abdel-Fattah El-Sisi has awarded the Order of the Nile to US President Donald Trump, recognizing his role in promoting peace in the region. This comes as hostages are being released during Trump's visit to Israel and Egypt. Rania Al-Mashat, Egypt's Minister for Planning, highlighted the importance of these developments in a conversation with Bloomberg, emphasizing the potential for economic growth and stability that peace could bring to the area.
Egypt's Al-Mashat on Economic Impact of Gaza Plan
PositiveFinancial Markets
Egypt's President Abdel-Fattah El-Sisi has awarded the Order of the Nile to US President Donald Trump, recognizing his role in promoting peace in the region. This comes as hostages are being released during Trump's visit to Israel and Egypt. Rania Al-Mashat, Egypt's Minister for Planning, highlighted the importance of these developments in a conversation with Bloomberg, emphasizing the potential for economic growth and stability that peace could bring to the area.
Big questions surround 3rd-quarter earnings
NeutralFinancial Markets
This week, the focus is on the ongoing tradition of companies releasing their quarterly earnings reports, despite some skepticism from figures like Donald Trump, who believes these reports are unnecessary. While there hasn't been a significant push for a shift to biannual earnings releases, the current practice remains intact. This matters because earnings reports provide crucial insights into a company's performance and can influence market trends and investor decisions.
Big questions surround 3rd-quarter earnings
NeutralFinancial Markets
This week, the focus is on the ongoing tradition of companies releasing their quarterly earnings reports, despite some skepticism from figures like Donald Trump, who believes these reports are unnecessary. While there hasn't been a significant push for a shift to biannual earnings releases, the current practice remains intact. This matters because earnings reports provide crucial insights into a company's performance and can influence market trends and investor decisions.
Asian markets slide and gold soars as US-China trade tensions rise
NegativeFinancial Markets
Asian markets are experiencing a downturn as trade tensions between the US and China escalate, causing investors to seek safety in gold, which has seen a significant price increase. This situation is critical as it reflects the ongoing uncertainty in global trade relations, particularly with Donald Trump's recent shift to a more conciliatory tone after previously threatening Beijing with steep tariffs. The implications of these tensions could affect economies worldwide, making it essential for investors and policymakers to stay alert.
Asian markets slide and gold soars as US-China trade tensions rise
NegativeFinancial Markets
Asian markets are experiencing a downturn as trade tensions between the US and China escalate, causing investors to seek safety in gold, which has seen a significant price increase. This situation is critical as it reflects the ongoing uncertainty in global trade relations, particularly with Donald Trump's recent shift to a more conciliatory tone after previously threatening Beijing with steep tariffs. The implications of these tensions could affect economies worldwide, making it essential for investors and policymakers to stay alert.
Aussie Dollar Jumps With Risk Currencies as US-China Spat Cools
PositiveFinancial Markets
The Australian dollar has surged as risk-sensitive currencies rebound, thanks to a shift in US President Donald Trump's tone towards China. This change in rhetoric has lifted investor sentiment, reducing the appeal of safe-haven assets. This is significant as it indicates a potential easing of tensions between the US and China, which could lead to more stability in global markets.
Aussie Dollar Jumps With Risk Currencies as US-China Spat Cools
PositiveFinancial Markets
The Australian dollar has surged as risk-sensitive currencies rebound, thanks to a shift in US President Donald Trump's tone towards China. This change in rhetoric has lifted investor sentiment, reducing the appeal of safe-haven assets. This is significant as it indicates a potential easing of tensions between the US and China, which could lead to more stability in global markets.
Hamas to release hostages in Gaza conflict milestone
PositiveFinancial Markets
Hamas has announced a significant step in the ongoing Gaza conflict by agreeing to release hostages in exchange for the freedom of Palestinian prisoners. This development is particularly noteworthy as it coincides with Donald Trump's upcoming visit to the region, potentially influencing diplomatic discussions. The release of hostages could pave the way for further negotiations and a reduction in tensions, making it a crucial moment for peace efforts.
Hamas to release hostages in Gaza conflict milestone
PositiveFinancial Markets
Hamas has announced a significant step in the ongoing Gaza conflict by agreeing to release hostages in exchange for the freedom of Palestinian prisoners. This development is particularly noteworthy as it coincides with Donald Trump's upcoming visit to the region, potentially influencing diplomatic discussions. The release of hostages could pave the way for further negotiations and a reduction in tensions, making it a crucial moment for peace efforts.
Latest from Financial Markets
JPMorgan initiates StubHub stock with Overweight rating on market leadership
PositiveFinancial Markets
JPMorgan has initiated coverage of StubHub with an Overweight rating, highlighting the company's strong position in the ticket resale market. This endorsement is significant as it reflects confidence in StubHub's ability to lead in a competitive industry, potentially attracting more investors and boosting its stock performance. Such a positive outlook from a major financial institution can enhance StubHub's credibility and market presence.
Samsung set for highest Q3 profit in three years as AI demand lifts chip prices
PositiveFinancial Markets
Samsung is poised to report its highest third-quarter profit in three years, driven by a surge in demand for AI technologies that has boosted chip prices. This is significant as it highlights the growing importance of AI in the tech industry and how companies like Samsung are capitalizing on this trend to enhance their financial performance.
Blackstone considers possible bid for UK self-storage firm Big Yellow
PositiveFinancial Markets
Blackstone is reportedly eyeing a potential bid for the UK self-storage company Big Yellow, which could signal a significant investment move in the growing self-storage market. This interest highlights the increasing demand for storage solutions as urban living spaces shrink and consumer habits evolve. If the bid goes through, it could reshape the competitive landscape of the self-storage industry in the UK.
Shawbrook Bank plans London IPO in November as European listings surge
PositiveFinancial Markets
Shawbrook Bank is gearing up for an initial public offering (IPO) in London this November, riding the wave of a surge in European listings. This move is significant as it reflects growing investor confidence in the market and could pave the way for more companies to consider going public. Shawbrook's IPO is expected to attract attention and could be a key indicator of the health of the financial sector in Europe.
Microsoft’s SWOT analysis: cloud giant’s stock rides AI wave amid challenges
PositiveFinancial Markets
Microsoft is riding a wave of positivity as its stock benefits from advancements in artificial intelligence, despite facing some challenges. This growth highlights the company's strong position in the cloud market and its ability to innovate. Investors are optimistic about Microsoft's future, making it a key player to watch in the tech industry.
East Star Resources extends warrant expiry by 2.5 months
PositiveFinancial Markets
East Star Resources has announced an extension of the expiry date for its warrants by an additional 2.5 months. This decision is significant as it provides investors with more time to exercise their warrants, potentially leading to increased investment in the company. Such moves can enhance liquidity and investor confidence, which are crucial for the company's growth and stability.