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...Sunday, is said to maintain the pension fund and retiree health care fund, though it may include some reduction in healthcare benefits, just as the Canadian agreement does. Guided by the February terms of the original Treasury loans, the deal between the UAW and Chrysler also reportedly includes partial funding of the retiree healthcare trust with equity instead of cash. "We recognize this has been a long ordeal for active and retired auto workers, and a time of great uncertainty," said UAW President Ron Gettelfinger. The deal was reached, Gettelfinger said, "in the face incredibly trying circumstances." Italy's Fiat...
...year-old San Francisco native and the youngest mayor of the city in more than 100 years. He is dyslexic and was reportedly drafted by the Texas Rangers in high school, but decided to attend Santa Clara University on a partial baseball scholarship...
...could be caused by climate change and deforestation. These are difficult factors to understand and predict," says Felipe Arreguin, under director of the National Water Commission. "We had to have the stoppages now to make sure that some supply can continue until the rain in June." The first two partial stoppages in February and March cut off water to hundreds of thousands. In the April action, the entire Cutzamala system will be shut down for 36 hours, before gradually resuming water pumping over several days...
...that goodwill when those supporters concluded that he failed to carry through on his promise to reduce abortion rates. "When he said that abortion should be 'safe, legal and rare,' we all believed him," railed then Commonweal editor Margaret Steinfels after Clinton vetoed a ban on so-called partial-birth abortions. Right now, Obama is surfing impressively high approval ratings. But he can't afford to alienate those liberal and moderate Catholics who could defend him when times get tough...
...sell, and get cash for, but on all of the mortgage loans on their books. Banks hold about $3.5 trillion in mortgage loans. So having to mark all those loans down $0.21, not just the ones that are sold, would be disastrous. (Read "Geitherner's Bank Plan: Only a Partial Solution...