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...Understandably, neither the union nor the bondholders are happy about the task force's approach. The UAW feels particularly aggrieved because it has agreed to an unending series of givebacks over the past 20 years. Even before this latest crisis, the UAW had assented to the 2007 contract, which would have put Detroit's labor cost per car within a couple of hundred dollars of Toyota's and the other transplants'. That isn't enough, in the view of the task force, because consumers are willing to pay more for the foreign badges, and the Detroit Three need to earn...
...Trouble in Ireland Michael Elliot's view that it will take a long time to drain the poison from Northern Ireland is very perceptive [March 23]. The latest outbreak of IRA violence is like a recurring tumor, the cause of which is a pernicious cancer in the Nationalist body politic, namely: our fixation with a "united Ireland." As long as we succumb to our animal territorial instinct and harbour this futile dream, every generation will produce some young hotheads prepared to use violence to achieve it. Of course, like Gerry Adams and Martin McGuinness et al, they will come...
...ensure that once recovery comes, new jobs are created in sufficient numbers to swiftly bring the jobless rate back down again. But ask him about the German short-work measures, and he's skeptical. "They can't stop rising unemployment," he says, "they just delay it." Indeed, in its latest economic forecast released March 31, the OECD expects unemployment in Germany to rise from its current 8.6% to 11.6% by the end of 2010 - higher than many of its European neighbors - despite the special job-preservation measures. The organization expects Japan's unemployment rate will also rise, although less dramatically...
...Topshop's menswear label, Topman, which makes up about a third of the business, will be housed in the basement level of the Manhattan store, while the latest women's trends will be featured on the ground floor along with a DJ booth. The second floor is reserved for Moss's line and Topshop's denim brand, MOTO, as well as collaborations with British designers like Jonathan Saunders, Marios Schwab and Preen. In late April, Topshop will introduce another collaboration with Biba owner and '60s fashion icon Barbara Hulanicki. The third floor will house shoes, accessories and lingerie...
Despite lacking the latest equipment, Pforzheimer Dining Hall will soon join Annenberg and several other House dining halls in daily composting. Pforzheimer, one of five Houses that does not have a compacting machine, is starting a pilot program in the next few days that will test the efficacy of manual composting. Composting, in which dining hall food waste is reused as fertilizer, is one prong of the University’s efforts to be more environmentally friendly, according to the Harvard University Dining Services Web site. Crista Martin, HUDS director of marketing and communications, said that the Quad Houses...