Word: laboral
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...fiscal deficits of the PIIGS are among the highest in Euroland. Their unit-labor costs have risen faster than anywhere else. So their exports can't compete; hence they run some of the largest current-account deficits. What do you do when you shovel coal and run out of fuel? You borrow - as the PIIGS have done. The markets have cast their verdict on that. Now, Greece has to borrow at twice the interest rate that German bonds fetch...
Europe's commitment to human rights, the empowerment of women, combating child labor, civil rights, freedom of speech, and the protection of natural resources is not just a Western hobbyhorse. These are universal values derived from the ancient wisdom of Hindus, Buddhists, Muslims, Jews and Christians, and are based on the lessons from our own painful history. No sustainable economic order can disregard these basic values, and the citizens of Asia and Europe will demand them ever more clearly and ever more urgently...
...group of around forty Harvard employees, students, and sympathetic local citizens gathered outside the Holyoke Center yesterday evening to protest the University’s labor policies, calling for more fiscal transparency and an end to furloughs...
HUCTW members were joined by Service Employees International Union Local 615 members, and college students from the Student Labor Action Movement...
...wants to make concessions for peace, Netanyahu has a willing coalition partner available in the form of the centrist Kadima Party, whose 28 seats make it the largest party in the 120-seat parliament. Together with the 27 held by his own Likud Party and the 13 held by Labor (which is already in his coalition), Netanyahu could easily muster a governing coalition committed to implementing a two-state peace - if he could persuade his own party to do so and, more importantly, if he intends to go there himself. That, fundamentally, is the question currently being tested...