New York taxi drivers, most of whom are immigrants from the Asian and African continents, went on a hunger strike for two weeks to protest a system of predatory lending that had left drivers crippled by debt.

Bankers and broker had artificially inflated the prices of taxi driving permits (called ā€œmedallionsā€) which meant that drivers incurred big loans to get the permits. The New York Taxi Workers Alliance (NYTWA) launched a hunger strike to demand loan restructuring backed by the city administration. Finally the two-week long hunger strike was called off when the NYTWA announced that it had won a city administration-backed guarantee that taxi driversā€™ medallion loans would be restructured to a maximum of $170,000, lowering individual driversā€™ payments to a maximum of $1,122 per month.

NYC Taxi Drivers