Word: laide
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...Christmas? And we didn't shop - and look how much worse the world got. Maybe Becky is on to something. Certainly her new editor, Luke (Hugh Dancy), thinks so. Oblivious to her $16K in debt, he hires her to write for Successful Savings magazine right after she's been laid off from a gardening magazine that's being shuttered (the movie's first and only nod to reality in the world of media). He likes her sort of Everywoman approach to consumerism and forgives her complete ignorance of actual finances...
...Washington Save the Economy, Save the World Calling the Bush Administration's financial-rescue plan "late and inadequate," Treasury Secretary Timothy Geithner outlined a revamped plan for stabilizing the ailing U.S. economy. Markets fell in response to the proposal, which critics hammered for offering few details. But Geithner laid out several key goals...
...experts on the Israeli-Palestinian conflict laid out contrasting approaches to resolving the situation in a panel discussion at the Institute of Politics yesterday evening. Shai Feldman, professor of politics and director of the Crown Center for Middle East Studies at Brandeis University, argued that Israelis need to be convinced that the road to peace and the two-state solution will not jeopardize their security. Rashid Khalidi, professor of Arab studies and director of the Middle East Institute at Columbia University, said that the world powers should focus on building Palestinian political unity rather than delegitimizing Hamas. The panel...
...where staff cuts are considered to be a standard corporate coping strategy during business downturns. In January, for example, U.S. employers eliminated 598,000 jobs - the most in any month in 34 years - but there was scant public debate over whether the layoffs were necessary or justified. Then again, laid-off U.S. and European workers are usually entitled to government support in the form of unemployment insurance and other programs. In Asia, governments have traditionally seen worker welfare as the purview of the company and family, not the taxpayer. Social security nets are far less developed...
...potentially devastating consequences of getting laid off in Asia puts pressure on companies and governments to minimize pink slips. In India, the central government took control of IT outsourcing firm Satyam Computer Services in January after the revelation of a $1.6 billion fraud, in part to maintain the company's 53,000-strong workforce. A government-appointed board of directors is looking to sell the company. "Our top priority is to protect the jobs of the software professionals," announced Y.S. Rajasekhara Reddy, chief minister of the state of Andhra Pradesh, where Satyam is based. In October, Indian airline Jet Airways...