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economy
Steelworkers Union Applauds as Biden Blocks Sale of US Steel to Japanese Giant
"We're grateful for President Biden's willingness to take bold action to maintain a strong domestic steel industry and for his lifelong commitment to American workers," said United Steelworkers International President David McCall.
Jan 03, 2025
The United Steelworkers union commended a decision by President Joe Biden, announced Friday, to block a proposed acquisition of U.S. Steel by the Japanese company Nippon Steel.
United Steelworkers International President David McCall said in a statement that the union is "grateful" to Biden for his "willingness to take bold action to maintain a strong domestic steel industry and for his lifelong commitment to American workers."
"We now call on U.S. Steel's board of directors to take the necessary steps to allow it to further flourish and remain profitable," he added.
McCall toldReuters in mid-December that Nippon Steel had not given him an assurance that the Japanese firm is committed to ensuring the lasting success of U.S. Steel. "When we've had discussions with them there's been nothing that would assure us that there's a long-term viability in the operations," McCall said in an interview with the outlet.
In December 2023, U.S. Steel—the Pittsburgh-headquartered company that played a key role in establishing U.S. industrial might—announced that it had entered an agreement to be acquired by Nippon Steel for $14.9 billion. The deal drew scrutiny from lawmakers, federal regulators, and the United Steelworkers union, causing its closing to be delayed. Biden, who has made reviving "American-style" industrial policy a key part of his presidency, has long indicated his opposition to the deal.
Biden said he ultimately decided to block the proposed acquisition because he believes that "a strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains."
The Committee on Foreign Investment in the United States, a federal committee that has the power to review certain transactions involving foreign investment in the United States to evaluate a deal's impact on national security, decided to forgo making a formal recommendation about whether the deal should be allowed to proceed last week.
The proposal also became ensnared in election year politics, with both presidential candidates saying that U.S. Steel should remain a domestically-owned firm. Rust Belt lawmakers in both parties, including Sen. Bob Casey (D-Pa.) and Sen. Sherrod Brown (D-Ohio)—both of whom lost re-election in November—and Vice President-elect JD Vance, an Ohio Republican, expressed opposition to the deal.
Shortly after the deal was unveiled, multiple Pennsylvania Democrats, including Casey and Rep. Summer Lee, wrote to the president of Nippon Steel expressing concerns about the failure of the two firms to consult or notify the United Steelworkers union ahead of the announcement, according to Reuters.
"From the beginning, the workers who power this company should have had a seat at the negotiating table—their livelihoods hung in the balance. No matter what, I will keep fighting to protect Western PA Steelworker jobs and American steelmaking," wrote Representative Chris Deluzio (D-Pa.) on Friday.
U.S. Steel, for its part, has attempted to refute criticisms of the deal. David B. Burritt, the president and chief executive of U.S. Steel, penned an op-ed in The New York Times in December, arguing that blocking the deal would help China. "With this deal, our workers' jobs would be more secure, our customers would be better served and China's domination of global steel production would be weakened. Without it, we would become more vulnerable," he wrote.
"Nippon Steel and U.S. Steel are confident that our transaction would revitalize communities that rely on American steel," the two firms said in a joint statement Friday. They condemned Biden's decision as "unlawful" and said that the president's "statement and order do not present any credible evidence of a national security issue, making clear that this was a political decision."
"Following President Biden's decision, we are left with no choice but to take all appropriate action to protect our legal rights," they wrote.
This article was updated to include a statement from Nippon Steel and U.S. Steel.
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'A Virtuous Cycle': Local Business Owners Celebrate 2025 Minimum Wage Hikes
“The minimum wage increase will recirculate back into the economy through spending at the main street shops that make up the fabric of our communities,” said one business owner in New York.
Dec 30, 2024
With 23 states and the District of Columbia slated to increase their minimum wages by the end of 2025, the national network Business for a Fair Minimum Wage reports that business owners in states around the country are cheering those increases, saying they will boost consumer spending and hiring, increase productivity, help retain employees, and in general strengthen the economy.
According to a statement Business for a Fair Minimum Wage issued on December 12, the following states will have either a planned or indexed minimum wage increase on January 1: Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New York, Ohio, Rhode Island, South Dakota, Vermont, Virginia, and Washington.
Florida, Oregon, and the District of Columbia will see increases later in the year, and some states like Alaska will experience multiple wage floor increases during 2025, per the statement.
Voters in Alaska and Missouri approved ballot measures in November that greenlit increases to the minimum wage. Hundreds of business owners in those two states worked with Business for a Fair Minimum Wage to support the ballot initiatives, according to the statement.
"Workers are also customers and minimum wage increases boost consumer buying power. They go right back into the economy as increased spending at local businesses," said Holly Sklar, the CEO of Business for a Fair Minimum Wage.
She added: "State raises are vital for workers, businesses, and communities as the federal minimum wage remains stuck at just $7.25, falling further and further behind the cost of living." The federal minimum wage hasn't budged since 2009, when it was raised to $7.25.
One business owner, Erik Milan, whose music store Stick It In Your Ear is based in Springfield, Missouri, praised the state's increase. "Raising Missouri's minimum wage will be good for workers and businesses. When workers in our community are paid more, they can spend more at local businesses ... Thanks to better wages and paid sick time because of Proposition A, businesses will also benefit from lower employee turnover, increased productivity, better health and morale, and better customer service," he said, per the statement.
Because of Proposition A, Missouri will increase the state minimum wage to $13.75 an hour on January 1 for private and non-exempt employees, and then increase it again to $15 in 2026. Beginning in May of this coming year, employers are required to give employees one hour of paid sick time per 30 hours worked.
Over in Alaska, the owner of Waffles and Whatnot in Anchorage, Derrick Green, said that "Alaska's minimum wage increases will help Alaskans thrive ... The more that people can make a living in Alaska, the stronger our businesses and communities will be."
Same as Proposition A, Alaska's Ballot Measure One mandates that workers will be able to earn one hour of paid sick time for every 30 hours worked. Alaska's minimum wage was already set to increase on January 1, and then thanks to Ballot Measure One it will increase again on July 1 to $13 and then again to $14 in July 2026.
The statement from Business for a Fair Minimum Wage in total quotes 11 business owners touting the wage floor increases, including Jessica Galen, owner of Bloomy Cheese & Provisions in Dobbs Ferry, New York.
"The minimum wage increase will recirculate back into the economy through spending at the main street shops that make up the fabric of our communities. It's a virtuous cycle. When we take care of our employees, they take care of us," she said.
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In New African Protest Movements, the Youth Are Leading the Way
African youth, leveraging social media and operating without funding, have emerged as a powerful force for change, echoing the historical independence movements of the mid-20th century.
Dec 15, 2024
“Africa is Rising!”—or so the narrative goes. But the sun of economic growth does not shine on everyone. African youth face record-high unemployment, political underrepresentation, and limited access to resources. In 2024 alone, 19 African countries have held elections, yet young people—one-third of the continent’s population—remain largely excluded from leadership. So, it isn’t surprising that in this same year, African youth, mobilizing on digital platforms, have come out loud and clear against economic hardship and government inaction.
The first time we felt digital and social media mobilization in Kenya was in 2019 in the weeks leading up to the 2019 International Women’s Day. Feminists in Kenya planned and digitally mobilized nationwide protests against femicide to draw attention to the rising cases of femicide and Intimate Partner Violence (IPV) in the country that went with no arrests of the perpetrators or the government addressing the issue. The protests were mobilized on social media under the hashtag #EndFemicideKE/#TotalShutdownKE.
As seen in the #RejectFinanceBill protests in Kenya, the #FearlessOctober protests in Nigeria, and youth-led movements in Uganda and Mozambique, today’s youth are not merely reacting to the rising cost of living but are pushing for profound systemic change.
Between August and October, the Kenya National Police Service reported 97 cases of femicide. The real numbers must be higher since some of the cases don’t get reported to authorities. During the 16 Days of Activism 2024, Kenyans across the country held forums to highlight the femicide issue. This culminated in nationwide protests held across the country on the International Human Rights Day 2024, calling on the president to declare femicide a national disaster. As usual the peaceful protests were met by police brutality, with the police teargassing innocent protestors.
This social youth-led movement, started by Gen Z protesters in Kenya in June, has now spread to Uganda, Nigeria, and Mozambique. Waves of young people are rising to challenge electoral malpractices, bad governance, corruption, and tax hikes. African youth, leveraging social media and operating without funding, have thus emerged as a powerful force for change, echoing the historical independence movements of the mid-20th century. With the majority of the protests driven by men and women under 30, there’s significant potential to create long-lasting momentum for good governance, economic justice, an end to corruption, and better electoral management.
#RejectFinanceBill2024 in Kenya
The weeks leading up to the first physical #RejectFinanceBill2024 protests in Kenya on June 18 and 19 were dominated by general discontent with proposed taxes on basic commodities like sanitary products, cooking oil, and bread. Social media platforms were abuzz with calls of “enough is enough” as platform users explained how much the bill would drive up the cost of living for most average citizens. The general feeling was “we need to do something” about this bill before life got much more difficult than it already was.
Within days, users had circulated a date, venue, and dress code on social media and were downloading the Zello walkie-talkie app en masse. What followed next was historic as young Kenyans in all parts of the country took to the streets to protest the Finance Bill in what became known as the #RejectFinanceBill2024 and #OccupyParliament protests.
Uganda, Nigeria, and Mozambique: Social Media and Youth
Following Kenya’s example, anti-corruption protests erupted in Uganda in July. Then August and October saw Nigeria’s #EndBadGovernance protests and #FearlessOctober protests against the cost-of-living crisis and bad governance. In Mozambique, citizens took massively to the streets to protest against electoral malpractices following the October 9 elections.
As in Kenya, all these protests have more in common than how violently they were dealt with: excessive police force, extra-judicial killings, abductions, torture, and hundreds of injuries.
The vast majority of protesters are young people, and social media played a pivotal role in getting them out on the street. It helped them facilitate real-time updates, coordinate demonstrations, counter misinformation, and obtain legal aid by crowdfunding for arrested activists. By circumventing traditional media, young activists exposed abuses and united communities, forcing authorities to confront this digitally-savvy and highly organized force.
Leaderless, Tribeless, Classless and Fearless
Historically, Kenyan politics has been divided along ethnic and tribal lines, with voting blocs often rallying behind leaders from their communities. The Gen Z movement, however, has broken this mold. Young activists have shifted the focus from ethnic loyalty to broader issues like equality, social justice, and government accountability.
Under the “tribeless, leaderless, party-less” tagline, the #RejectFinanceBill protests shunned traditional political affiliations and adopted a spontaneous, decentralized model. This approach gave the movement flexibility to adapt quickly to changing circumstances, such as evading police by frequently shifting protest sites. Without a clear hierarchy, the protests continued despite arrests, as authorities struggled to suppress an ever-evolving, leaderless movement.
The Kenyan protests took the government by surprise. Previously, youth complaints were confined to social media. Now, they were on the streets nationwide, transcending tribal and party lines. The government’s response was violent, resulting in dozens of deaths and abductions. Even today, police isolate and kidnap perceived protest leaders, many of whom end up dead or traumatized from their experiences. The Kenya Police Service has however denied this.
Rejecting Savior Politics
Africa’s political history is marked by leaders who position themselves as “saviors” promising utopia while failing to build sustainable systems. This narrative has bred disillusionment as youth recognize the need for systemic change, not just individual leaders. Gen Z activists across Africa are increasingly demanding transparency and accountability, emphasizing structures that outlast personalities and prevent corruption.
This year’s protests also signal another shift: African youth are questioning whether their leaders’ personal politics align with the principles of justice, equality, and inclusion. This younger generation is looking beyond mere representation to evaluate leaders on their stance against patriarchy, homophobia, and tribalism. Are they committed to redressing historical injustices and fighting systemic oppression? Activists believe these questions should determine the support any leader receives.
The Future of Youth-Led Activism in Africa
With the majority of activists under 30, Africa’s Gen Z is set to reshape the political landscape. Supporting these young Africans, rather than depending on traditional “savior” figures, is essential. Leaderless, decentralized movements have proven to be effective at disrupting the status quo.
As seen in the #RejectFinanceBill protests in Kenya, the #FearlessOctober protests in Nigeria, and youth-led movements in Uganda and Mozambique, today’s youth are not merely reacting to the rising cost of living but are pushing for profound systemic change. By combining digital activism with physical presence on the streets, African youth are demonstrating their commitment to a transformed and empowered continent and broader systemic change.
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