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New York yellow cab drivers block bridges to demand debt relief – WSWS

New York yellow cab drivers block bridges to demand debt relief

By Shuvu Batta
19 September 2020

In the late morning and early afternoon Thursday, caravans of taxis blocked the Brooklyn Bridge and Queensboro Bridge in New York City, bringing traffic to a halt on two of the major entrances to Manhattan. Taxi drivers staged the protest to demand a lightening of their immense debt burdens.

The impact of the COVID-19 pandemic has deepened the financial catastrophe facing these drivers. As of June, 75 percent of drivers were off the job due to a lack of demand for taxis. Since then, ridership has remained low, with business districts still nearly empty, many Manhattan residents departing for other locales and tourism non-existent.

NY taxi d…

Read the full article at: https://www.wsws.org/en/articles/2020/09/19/taxi-s19.html

Category: Debt HelpBy Insolvency Advisory AccountantsSeptember 19, 2020

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New York yellow cab drivers block bridges to demand debt relief – WSWS

New York yellow cab drivers block bridges to demand debt relief

By Shuvu Batta
18 September 2020

In the late morning and early afternoon Thursday, caravans of taxis blocked the Brooklyn Bridge and Queensboro Bridge in New York City, bringing traffic to a halt on two of the major entrances to Manhattan. Taxi drivers staged the protest to demand a lightening of their immense debt burdens.

The impact of the COVID-19 pandemic has deepened the financial catastrophe facing these drivers. As of June, 75 percent of drivers were off the job due to a lack of demand for taxis. Since then, ridership has remained low, with business districts still nearly empty, many Manhattan residents departing for other locales and tourism non-existent.

NY taxi d…

Read the full article at: https://www.wsws.org/en/articles/2020/09/18/055–s18.html

Category: Debt HelpBy Insolvency Advisory AccountantsSeptember 18, 2020

Post navigation

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Money and debt advice – Bracknell Forest Council |
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