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...specifically to cover retiree health care under the terms of contracts signed in the fall of 2007 that were supposed to remove the retiree-health-care burden from company balance sheets. Meanwhile, new workers eventually hired to replace GM's, Ford's and Chrysler's current employees will no longer be eligible for postretirement health benefits. For the automakers, the costly transition is worth it, because it eliminates one of the major uncertainties they have faced over the years - the soaring cost of health care. GM's combined pension and retiree-health-care costs run $7 billion annually and have...
...over food production, land use. There are few greater potential threats to our economies, too, but also to peace and security itself." Speaking outside the debate, Philip E. Clapp, former president of the New York City-based National Environmental Trust (who died this year), warned: "Global warming is no longer just an environmental issue. It is a rapidly advancing human crisis threatening millions of people, which could undermine the shaky political stability of countries from Southern Africa to the Middle East and South East Asia...
...Darfur be saved? We already know what needs to be done. The immediate priority is to end the fighting by brokering a truce and sending in peacekeepers. In the longer term, Darfur needs sensible land-use policies and careful water management, while the rest of the world has to cut emissions. But at the Security Council, Beckett faced opposition from China, the U.S. and the two main groups representing developing countries. They complained that the forum was an inappropriate place to discuss climate change. That is, they disputed that climate change leads...
...Presidency and speaks instead of a position in the Congolese army - "where I am most comfortable." Two days later, he expands on that, declaring he is ready to integrate his forces into it. His dream, he says, is not one of personal ambition, but of a "big Congo" no longer overshadowed by its smaller, more developed neighbors...
...debut press conference as President-elect. Normally, that would be a safe assumption - but we're learning not to assume anything as the charcoal-dreary economic winter approaches. By mid-November, with the financial crisis growing worse by the day, it had become obvious that one President was no longer enough (at least not the President we had). So, in the days before Thanksgiving, Obama began to move - if not to take charge outright, then at least to preview what things will be like when he does take over in January. He became a more public presence, taking questions from...