East Ukraine, the epicenter of present crisis between Russia and Ukraine, the USA Allies i.e. Canada, UK, Europe and Japan. Sanctions on 5 Russians banks, 3 of Putin's cronies and oligarchs by UK Govt yesterday added more tension followed by the USA. Note that Crimea was annexed by Russia in 2014 and became Republic of Crimea which then added to federal subjects of Russia in favor of most Crimeans in that region who are pro Russia. The people of Luhansk and Donetsk are at risk. The world equity markets have fallen but the prices of oil remain high due to the impending war. It will be intriguing to watch how this will play out in the coming weeks or months.
In Brief The International Labor Organization was founded in 1919 and incorporated into the United Nation (UN) as a specialized agency in 1945. It emphasizes the need for workers to enjoy conditions of freedom, equity, security and human dignity through their employment. The ILO promotes international labor standard through its field offices in Africa, Latin America and the Caribbean, the Arab States, Asia and the Pacific, Europe and Central Asia. The ILO has 187 state members. 186 of the 193 member states of the UN plus the Cook Islands are members of the ILO. The UN member states which are not members of the ILO are Andorra, Bhutan, Liechtenstein, Micronesia, Monaco, Naura and North Korea. My current stint with the ILO Asia and Pacific Region office located in Kuala Lumpur, Malaysia as its freelance translator and interpreter has provided me with an insight of the informal economy that accounts for jobs that are neither taxed nor monitored by the authorities, and that make up a...
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