Word: laborities
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...Australian leaders responded to Pearce's death by restating their commitment to the U.N. effort to secure and rebuild Afghanistan. "It's a just cause and this soldier was part of an Australian contribution to that just cause," P.M. John Howard said. Opposition Leader Kevin Rudd said a Labor government would consider sending more troops...
...China and India roar ahead of the world in economic growth, multinational firms eager to partake of their labor and consumer markets are rushing in--and sending their best executives to lead the charge. The U.S. expat population has leaped over the past five years, according to experts, in large part because of growing delegations to China and India. And yet the two emerging giants remain famously tough for Western executives to navigate. In a 2006 survey by GMAC Global Relocation Services, they are cited among the three most difficult locations for expats (the third is Russia). Corporations are learning...
...right leader in China and India, for many companies, is someone with the drive and creativity to manage what often feels like a start-up. The highest hurdle is usually building a local workforce from the ground up in savagely competitive labor markets. "Everyone talks about the huge populations, but in reality there's only a tiny number of people qualified for the jobs you need--and everybody's fighting for them," says Ron Leonhardt, 41, Target's director of human resources in the region. Leonhardt oversees the hiring of many of the 500 workers in Target's sourcing...
...known public-private development projects: a resort area at Mount Kumgang and an industrial zone in Kaesong, about six miles (10 km) north of the Demilitarized Zone. There, 13,300 North Korean workers earning $70 a month churn out exports in conditions a former Western diplomat compares to a labor camp's. So far, 15 South Korean companies have opened factories in Kaesong, producing shoes, watches, mufflers and other low-end consumer goods; 150 others have signed...
Real reform, Babson says, would require North Korea to abandon its pipe dream of agricultural self-sufficiency--with a dearth of arable land, the country is literally dirt poor--and invest in labor-intensive manufacturing. But rebuilding the country's roads and ports and installing a reliable electrical grid would take billions of dollars in international loans--hardly a bright prospect given the country's history of defaulting on its obligations...