Word: papered
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Dates: during 2000-2009
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...Hyperinflation, estimated at 1 million to 2 million percent per year, is running rampant in the economically devastated country. Zimbabwe's central bank cannot keep up with the demand for ever larger bills and the paper to print them...
...company's code of conduct states that its products and services "contribute to the social progress and technological advancement of society." Asked whether supplying a government widely regarded as despotic with paper for its currency violated that code, the spokesman said Giesecke & Devrient did not involve itself in "political" issues. "The important point is that it's not up to us to rely on political considerations in supplying bank note paper," he said. "We only deliver to central banks, not regimes...
Bowing to a request from the German government, a German company that has been supplying Zimbabwe's embattled regime with bank note paper has stopped its deliveries, further increasing pressure on President Robert Mugabe...
...Munich-based firm Giesecke & Devrient, which reportedly supplies about half the southern African country's skyrocketing needs for paper to print money, made the decision after its president received a phone call Tuesday from German Foreign Minister Frank-Walter Steinmeier...
...international workers. The power to negotiate individual bargaining contracts will remain with USW and Unite, mainly because of differing national and internal laws and regulations. But Gerard says there's a host of issues common to both unions that will keep the collective leadership busy. In sectors including steel, paper and oil, for example, both unions deal with some of the same companies. The merged union will be better able to ensure that a company can't reject defined benefits in one country that it's already agreed to in the other. Other issues more suited to a global union...