Word: labors
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Dates: during 1990-1999
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...other nations kicked in an additional $8 billion in loans. In exchange, the Koreans would pass new laws opening their financial markets to foreigners, close insolvent banks and supervise others. As the deal came together, Treasury officials discussed the impact of a bailout on the Korean and American labor unions, fearing some of Labor's backers in the Democratic Party would balk at bailing out either Wall Street or the protectionist Korean workers. But the officials decided that it would be in the best interests of both Korean and American workers to avoid default. Congressional leaders were briefed...
...absolutely against any measures that unilaterally force Koreans to make the biggest sacrifice here," says Kim Young Dae, general secretary of the Korean Confederation of Trade Unions, the country's second largest and most militant labor union. "The people in charge of the chaebols are responsible for this crisis, so why should we pay for their mistakes?" The union has threatened to repeat the strike if the government allows companies to fire workers at will...
LECH WALESA 1981 Leading Poland's labor challenge to Moscow...
...these glorious times, I pledge a generous new labor contract next spring. Our shareholders may cringe at those words. But I'm flat tired of losing my top talent to competitors. Our dollhouse team moved on to bigger things: building real houses in the Sunbelt. The Gap poached hundreds of our point-of-sale reps, signing them to lucrative deals to man its cash registers. Nintendo wooed away our Year 2000 computer debuggers to design next-generation Diddy Kong. In today's tight labor market, such skills are tough to replace. I've located a few jobless elves in Asia...
...most rewarding events in TIME's calendar is the selection of our Man of the Year. We begin each January wondering who will capture our imagination. By Labor Day our staff members begin submitting nominations. Then the arguing starts, in the form of extended, mostly civilized debates over the relative merits of a lengthy list of individuals, each of whose accomplishments or notoriety demanded our attention...