Word: belgium
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...offer. "Magna has a great manufacturing culture and it enjoys the support of German labour unions, and the funding is there. It makes sense," said Smith. But he also warned of job-cuts. Magna's bid outlined a plan to wind down production at GM's factory in Antwerp, Belgium, and shift some production from a Spanish plant to Germany. Magna executives have said that 10,000 jobs might be axed across Europe. Opel's union chief, Klaus Franz, welcomed news of the deal. "I'm pleased and I'm relieved but I'm not exactly euphoric," Franz told TIME...
...uncle's front yard in Wapakoneta, Ohio, watching the parade honoring the hometown hero. My parents recall years earlier when the first man on the moon wrecked his single-engine plane in their backyard and came to the house to ask to use the phone. James McEvoy, BRUSSELS, BELGIUM...
...mixed, with overall activity declining by 0.1%. But even that was better than the 0.5% drop economists had expected, with Greece and Portugal joining France and Germany by posting gains of 0.3% each. Meanwhile, Italy's economy shrank by 0.5% and the Netherlands' dropped 0.9%, while Austria and Belgium both contracted by 0.4%. Previously, the U.K. - which does not belong to the euro zone - reported that its expected 0.5% second-quarter decline had in fact been...
...Freedom, PVV) elbowed aside centrist rivals to grab second place in the Netherlands' Euro poll. Around Europe a ragbag of extremist parties, as varied as the countries that produced them yet united by a vehement nationalism that singles out minority groups as a growing threat, scored in Austria, Belgium, Bulgaria, Denmark, France, Finland, Greece, Hungary, Italy, Latvia, Romania and Slovakia. Confronted with sliding economies and disappearing jobs, voters kicked the mainstream parties they held most responsible...
...dozen nuclear plants planned in the U.S. over the next decade or so. Italy has just reversed a 22 year-old freeze on building new nuclear plants; Rome aims to use nuclear power to help reduce foreign-energy imports, and cut costs by 30% in the coming years. Belgium and Sweden are considering revising laws to extend the life of existing reactors, and to open the door to newer nuclear technology. Britain plans at least four new nuclear reactors, while Japan has two new plants under construction to add to its existing stable of 53. Even the oil-rich Middle...