Word: laboral
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...says the plant would have been built in Freeport, Texas, if not for the price difference. At PPG Industries in Pittsburgh, Pa., CEO Charles Bunch says he may have to close two North Carolina fiber-glass plants. "We've lost a lot of jobs to China because of the labor-cost difference," he says. "Now we're starting to lose jobs in energy-intensive sectors...
...sell Lamborghinis or $3 million penthouses in New York City, no doubt you'll be happy to learn that the combined bonus pool on Wall Street for last year's labor, which will be paid out in coming weeks, rose 16% to an all-time high of $21.5 billion, according to New York State Comptroller Alan Hevesi. He's as happy as any Lower Manhattan diamond dealer. Those bonuses will bestow $1.5 billion of tax revenue on New York state's budget and another $500 million on New York City's budget, and by extension benefit all state residents...
Sharon's lifelong militarism is often mistaken for lifelong rightism. In fact, he spent his military career in the bosom of Mapai, the precursor to the Labor Party, as a favorite of David Ben-Gurion, Israel's first Prime Minister. Sharon remained close to those in Labor, especially his friend Shimon Peres. Sharon served as a special adviser to Labor Prime Minister Yitzhak Rabin in the mid-1970s...
After years of political probation following the Lebanon war, it was, ironically, Palestinian leader Yasser Arafat who gave Sharon his final big break. At peace talks in the summer of 2000, Labor Prime Minister Ehud Barak offered Arafat a Palestinian state in the Gaza Strip and the bulk of the West Bank, including some part of East Jerusalem. Arafat refused the deal. Presumably to protest Barak's offer to divide Jerusalem, Sharon, accompanied by dozens of Israeli police, took the unusual step of visiting what Jews call the Temple Mount, the plateau that today hosts al-Aqsa Mosque...
...years of his tenure as Prime Minister, with what was likely to be his last election looming, he seemed closer than ever to defining an ideology of his own. The hard-line Likudniks still believe that Israel can somehow hold onto all the territories. Sharon came to accept the Labor argument that it is impossible for Israel to rule over millions of Arabs indefinitely and still remain a democracy with a Jewish majority. But Labor's efforts to negotiate a division of the land with the Palestinians have failed. Sharon may have found a third way: draw the line yourself...