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Stock index futures signal early gains

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.43 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.38 percent.

(REUTERS) Paris - North Korean leader Kim Jong-il died of a heart attack while on a train trip, state media reported on Monday, sparking immediate concern over who is in control of the reclusive state and its nuclear program.

Asian stocks dropped on the news, while European shares reversed early losses and edged higher in morning trade, halting a sharp 1-1/2 week sell-off, as investors bought up shares in sectors seen as defensive, such as Unilever (ULVR.L) and Telefonica (TEF.MC).

A tax break for 160 million U.S. workers was in doubt on Monday in the face of strong opposition from Republicans in the House of Representatives who have rejected a two-month extension overwhelmingly approved by the Senate over the weekend.

Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, on Monday unveiled a $300 million stake purchase in fast-growing microblogging site Twitter, gaining another foothold in the global media industry.

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Dark Summer: Inside The Harsh Living Conditions Of Ibiza's Seasonal Workers

A severe housing shortage means that many of those who come to serve the millions of tourists on the Spanish island can't find a decent place to sleep. Some wind up sleeping in their cars or on flea-infested mattresses. The spirit of Ibiza as an easy-going meeting place is fading away.

A beach services worker walks along the beach behind holidaymakers.

A beach services worker patrols the beach as holidaymakers enjoy the area, Ibiza, Spain. 7 May 2021.

Esther Cabezas

IBIZA — It's a world-renown paradise off the coast of Spain, with more than 2 million visitors arriving each year. But now, during the summer high season, the island of Ibiza has become a hell for the many people who work to serve the rush of tourism in hotels, restaurants, markets, shops, parking lots and airports.

The workers say the situation keeps getting worse, in particular due to the lack of affordable housing and the unavailability of sufficient housing resources provided by companies to accommodate their staffs.

More and more, the seasonal workers who come to the "Beautiful Island" to earn a decent salary — as is also happening on the nearby island of Mallorca with caravans — have to rely on their imagination, explorer skills, or simply making do to earn a much-needed income for their survival and that of their families throughout the year.

If you take a walk around Ibiza, you will soon find parking lots, some well-hidden and many of them near workplaces, filled with cars serving as living spaces, camper vans, old and new caravans, improvised camps in wooded areas, half-built buildings filled with mattresses, people sleeping on the beach.

Each worker finds their own way to make it through the season, if they manage to do so. In this report, we have spoken with some of those in this situation who have kindly shared their stories.

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