Word: bernard
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...Elaine Bernard, executive director of HTUP,emphasized the importance of such a dialogue...
...Labor leaders have real knowledge tocontribute," Bernard said. "They should be part ofthe discussion on public policy...
...body lends money. Traditionally the IMF has demanded harsh austerity measures in struggling economies before helping them out, and usually it's the poor who pick up the tab. "There's been a lot of discussion on how the poor suffer most from IMF prescriptions," says TIME business reporter Bernard Baumohl. "The IMF is going to have to be much more flexible in what it demands of the countries it's helping -- the IMF's tough prescriptions actually pushed some of the Asian countries into depression...
...week, he gleefully recalled all the bad-mouthing America took from Europe in the '80s for holding back the world economy with high deficits. But the transatlantic sniping has started again -- this time for saving too much. "Running a surplus right now could be inappropriate," says TIME business reporter Bernard Baumohl. "When the U.S. and world economy is slowing, tax cuts could help stimulate domestic growth and make sure the U.S. is still a good market for Asian and Latin American exports...
...Washington doesn't want to publicize it yet, because there are still runoff gubernatorial elections in which Cardoso needs support," says TIME business reporter Bernard Baumohl. "The news that austerity measures are coming along with the bailout might cost him politically with constituents." But Cardoso is pressed for time. His best chance to get those painful budget cuts through Brazil's Congress is to move fast, while he's dealing with an outgoing group that's less likely to worry about short-term political fallout. That's a presidential problem Bill Clinton would love to have right now -- his Congress...