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European Union weighs greater unity to save euro
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RUSSELS (AP) — European leaders were wrestling Thursday over how much of their sovereignty they are willing to give up in a desperate attempt to save the ambitious project of continental unity that grew from the ashes of World War II. At stake at the summit in Brussels not is not only the future of…
Occupy Wall Street and the Scent of Revolution
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11/11/11 05:00 PM ET Growing up in a diplomatic family you learn to keep your nose to the wind, and read the writing on the wall, in case political turmoil suggests a flight for the border. The skills were useful doing business in South America, helping me skip one step before revolutions started. In South…
The return of labour unrest
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TNN Jul 26, 2010, 12.09am EST Globalisation and the allure of cheap labour have led many an MNC to set up their manufacturing units in India. These companies represent the best brands of the world, where landing a job means a jump in social status, hefty pay packages and a promise of a better life. Yet,…
China hit by labour unrest as global slowdown bites
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By Marianne Barriaux (AFP) – 8 hours ago BEIJING — China’s manufacturing heartland has been hit by large-scale strikes in recent weeks, as an increasingly demanding workforce faces off with employers struggling with high costs and falling exports. Thousands of workers in factories in the southern province of Guangdong have gone on strike in recent…
Analysis: China factory unrest flares as global economy slows
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By James Pomfret DONGGUAN, China | Fri Nov 25, 2011 1:10am EST (Reuters) – In factory towns across China’s export powerhouse in the Pearl River Delta, a vicious cycle of slowing orders from the West and increasing wage pressures has led to a series of major strikes that could reverberate through the economy. From shoe and bra factories…
Russia May See More Labor Unrest as Slump Worsens, Study Shows
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By Paul Abelsky July 6, 2009 (Bloomberg) — Russia may face outbreaks of labor unrest last seen in the 1990s as manufacturing slumps at a record pace and companies struggle to pay employees, according to a study by Moscow’s Higher School of Economics. “Spontaneous demonstrations demanding payments in owed back-pay and such protests as hunger…
Labor Unrest Hits Maruti, Coal India Operations
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By SANTANU CHOUDHURY NEW DELHI—Labor unrest continues to plague the Indian industry with workers at the country’s top car maker by sales stopping work and resorting to violence, while those at the world’s largest coal producer temporarily halted work Monday demanding higher bonus. The strikes at Maruti Suzuki India Ltd. and Coal India Ltd. reflect simmering…
‘Time has come’ to act on Iran, Israel says
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The “time has come” to deal with Iran, Israeli Defense Minister Ehud Barak said Sunday, refusing to rule out military action to curb the Islamic republic’s nuclear ambitions. Barak, speaking on CNN’s Fareed Zakaria GPS program, indicated that Israel’s patience was wearing thin — and provided an ominous response when asked about the growing speculation of an Israeli military strike. “I…
Iran boycott mars rare Middle East nuclear talks
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VIENNA (Reuters) – Israel and its Arab neighbors sat in the same room on Monday for rare discussions on banning nuclear weaponsin the Middle East, although the meeting was marred by the absence of boycotting Iran. Participants described the first day of the November 21-22 closed-door forum as less confrontational than the heated rhetoric that usually marks public…
SEARCH FOR TRUTH NEEDS UNITY, SAYS POPE
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Sends Encouragement to Courtyard of the Gentiles Event ROME, NOV. 17, 2011 (Zenit.org).- The search for truth is a journey that must be made united, says Benedict XVI, as he sent words of encouragement to a “Courtyard of the Gentiles” event held this week in Albania. The Monday through Tuesday gathering was held in Tirana,…