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...this week's most significant consolidation is happening on the other side of the working world: between labor unions. The United Steelworkers (USW), America's largest private-sector union, is joining up with Unite, Britain's largest national union, to form the world's first transatlantic union. The deal, set to be inked on Wednesday at the Steelworkers' International Convention in Las Vegas, will create the grandiosely named Workers Uniting: The Global Union. Says USW President Leo W. Gerard: "We're creating a new union here, with a constitution, a mission and staff...

Author: /time Magazine | Title: Big Labor Goes Global | 7/1/2008 | See Source »

...bargaining contracts will remain with USW and Unite, mainly because of differing national and internal laws and regulations. But Gerard says there's a host of issues common to both unions that will keep the collective leadership busy. In sectors including steel, paper and oil, for example, both unions deal with some of the same companies. The merged union will be better able to ensure that a company can't reject defined benefits in one country that it's already agreed to in the other. Other issues more suited to a global union include international trade, workers' rights...

Author: /time Magazine | Title: Big Labor Goes Global | 7/1/2008 | See Source »

...will not philosophize" was once The Crimson's motto. And yet, in these settings, that is precisely what is expected of the writer-- to draw some larger conclusion about events that, on most days, wouldn't have warranted a second look. While I have learned a good deal in the short amount of time I have spend in the city, any sweeping generalization about life that I could draw at present would almost certainly be a stretch...

Author: By Aditi Balakrishna | Title: Five People I Met in New York | 7/1/2008 | See Source »

...good. Sarkozy has already raised hackles by warning the E.U. would not be able to enlarge without the Lisbon Treaty, and by blaming E.U. Trade Commissioner Peter Mandelson for the Irish "no" vote. He has also vowed to defend the E.U.'s controversial agricultural subsidies, threatening to block any deal at the World Trade Organization that jeopardizes Europe's farming industry. And for someone who sets so much on his emollient charm, Sarkozy still has a grating relationship with German Chancellor Angela Merkel, whose support is crucial if any of the French initiatives are to succeed...

Author: /time Magazine | Title: Sarkozy's EU Challenge | 7/1/2008 | See Source »

...drums over Iran may get the most attention, but there are growing signs of progress toward a possible diplomatic solution to the nuclear standoff. This week, the top foreign policy adviser to Iran's Supreme Leader, Ayatullah Ali Khamenei, declared that Iran could respond favorably to the latest deal offered by Western negotiators, which he described as acceptable "in principle." It remains unclear whether the unusual declaration by Ali Akbar Velayati, who served as Iran's foreign minister from 1981 to 1997, will translate into government policy. But in New York City on Tuesday, Iran's current foreign minister, Manouchehr...

Author: /time Magazine | Title: Iranian Leaders Offer Nuclear Hope | 7/1/2008 | See Source »

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