Word: laborities
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...fiscal year to the 2005-06 fiscal year. The reserves, which are located between East Timor and Australia, are to be developed by international and Australian companies, who will hand over half the royalties to Dili. "We could have 10% growth rates and a shortage of labor in a few years," predicts Ramos-Horta. Entrepreneurs are also trying to develop East Timor's once prized coffee plantations. But all the talk of future earnings means little to Dili resident Linda Ricardo, who lined up one day last month from 5 a.m. in hopes of securing a few sacks of rice...
Calderón acknowledges that Mexico's "open wound" of massive labor migration will top the agenda when he meets with Bush on March 13. He has talked of a desire for the two countries to "think creatively about new programs for job opportunities" that would halt migration at its source, deep inside rural Mexico, instead of at the border. Despite his strong start, Calderón has a lot to prove. "We're still exploring Calderón," De la Calle says, "and I think Calderón is still exploring himself." Mexico's future will be defined by what he finds there...
Jean-Cyrill Spinetta recalls the dark days of 1997 when he took command of financially strapped Air France, charged with pulling the airline out of a tailspin of labor unrest and a half-decade of losses. A growing number of French customers, long accustomed to work stoppages, viewed the airline with distrust and scorn. "When people start looking at their own flag carrier as unreliable, you've really got a problem," says Spinetta...
...wasn't just labor. Slimmed-down European rivals like British Airways had been aggressively exploiting deregulation to fuel growth, while ferocious American cost cutters like Delta were wooing ever larger numbers of passengers with lower transatlantic fares. "We got to a point where in order to survive, we simply had to assure our clients and own business a degree of stability by breaking the cycle of strikes, disruption and losses," he says...
...cocktails amid fierce battles between activists and police, only rubble remains of the Youth House, the citadel that the young rebels had fought so hard to preserve. Monday morning, under police protection, masked demolition crews and unmarked bulldozers began to systematically eat into the red-brick, four-story former labor-movement community hall, which had more recently served as a refuge for young people from a society they detested, a place where they could spend hours and days listening to music, drinking beer, smoking dope and planning occasional political protests in pursuit of a revolution that never materialized...