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...last? Poor Venezuelans know from experience the pain of the bust that follows a boom, and with oil hovering around $40 a barrel some of Chávez's socialist agenda will surely face cuts after the referendum. Many people have begun asking why the radical who so boldly stands up to the U.S. can't confront the violent crime that plagues the country and leaves scores dead each weekend. "I know in my heart that life is better here than it was 10 years ago," says Tobías Caravallo, 42, who owns an electronics repair shop...
...layoffs in December and January demonstrates that almost no industry is immune from job losses due to this contracting economy. Tech companies such as Microsoft (MSFT) fired people. So did many retail operations including Macy's (M).Consolidation efforts led by Pfizer's (PFE) marriage to Wyeth (WYE) have begun to put tens of thousands of people out of work. GM (GM) is signaling that it may have to take another 15,000 or 20,000 jobs off its payroll in the next month to convince the federal government that it can become economically viable in a market in which...
...layoffs in December and January demonstrates that almost no industry is immune from job losses due to this contracting economy. Tech companies such as Microsoft (MSFT) fired people. So did many retail operations including Macy's (M). Consolidation efforts led by Pfizer's (PFE) marriage to Wyeth (WYE) have begun to put tens of thousands of people out of work. GM (GM) is signaling that it may have to take another 15,000 or 20,000 jobs off its payroll in the next month to convince the federal government that it can become economically viable in a market in which...
...restoration of the rule of law, among other things. Will this inclusive government succeed, or will it falter and betray the long-suffering Zimbabweans? Any guess is a good one— the jury is still out. In the meantime, this deal should be given a chance. Zimbabweans have begun to dream again...
...Hamas officials in Gaza say they will not interfere with any international agency that wants to help rebuild Gaza. But the inter-Palestinian tug-of-war over aid has already begun: On Wednesday, Hamas police stormed a United Nations warehouse and commandeered blankets and emergency supplies, claiming that the U.N. was relying on pro-Fatah agencies who were only distributing aid to their own supporters. The U.N. on Friday suspended deliveries until it has guarantees that it can distribute aid unfettered...