Talks yield pay deal in strike-hit Martinique
A four week strike in Martinique could end after a agreement to increase the wages of workers was reached overnight. However, the deal ? which raises wages by $252 a month ? has yet to be approved by all of the labor unions involved in the negotiations. The strike was prompted by a combination of low wages and the high cost of living on the French Caribbean island. Employers have called the tentative agreement a "first phase".
See "Talks yield pay deal in strike-hit Martinique", Forbes.com, March 2, 2009