Word: dangerous
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...Such sentiments raise the ugly specter of rising global protectionism. Economists have worried that governments around the world would throw up trade barriers in a quest to preserve jobs and industries, in turn undermining a global recovery. The Chinese press was quick to point out this danger as well. A commentary on the state-run news service Xinhua reminded readers that protectionism was a key cause of the Great Depression. "Smarter actions are required to prevent a repeat of that painful history," the commentary said. "The latest U.S. decision was not one of them." (See pictures of China's investments...
...However, the heads of other firms, such as GM, have dismissed the possibility of similar deals. Moreover, the longer negotiations drag out between the union and automakers, the greater the danger of bankruptcy becomes. The answer, it seems, is some form of employee buyout. As Bloom himself has said, worker ownership is an ideal way to bring unions and management into a more constructive relationship. “Companies would come and ask unions to modify agreements in one way or another,” Bloom told The American Prospect’s Tim Fernholz...
...main under Plympton Street cracked early Sunday afternoon, causing gas to seep into Old Quincy and the building to be evacuated for several hours. The gas concentration was low enough to not constitute a serious fire danger, according to officials at the scene, and the gas company, NSTAR, was present and actively monitoring gas levels soon after the leak was identified. The gas began filtering into the building through cracks in its foundation during the early afternoon yesterday, according to Cambridge Fire Department Deputy Chief Francis E. Murphy III. Outside Quincy on Plympton Street, the smell of gas was palpable...
...concentration was low enough to not constitute a serious fire danger, according to officials at the scene, and the gas company, NSTAR, was present and actively monitoring gas levels soon after the leak was identified...
...concentration was low enough to not constitute a serious fire danger, according to officials at the scene, and the gas company, NSTAR, was present and actively monitoring gas levels soon after the leak was identified...