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...workers at GM plants across Europe are in the dark over what the plans mean for them in the future. Opel employs around 26,000 workers in Germany, almost half of GM Europe's total workforce of 55,000. With Germany in the driving seat during the negotiations, politicians and trade unions in other European countries are concerned the new investor Magna, along with its Russian partners, will protect German jobs at the expense of other jobs. "There are going to be more tough negotiations with GM Europe and Magna," says Klaus Franz, the head of Opel's works council...

Author: /time Magazine | Title: Merkel Saves Opel From GM's Fate | 6/1/2009 | See Source »

...Magna consortium, which pledges to invest €700 million ($970 million) in Opel, has softened its position on job cuts and plant closings several times under pressure from German politicians. Magna's plan would leave GM with 35% of the company and Sberbank with a 35% stake, while Magna would take 20% and Opel employees would control...

Author: /time Magazine | Title: Rescuing GM in Europe: A Political Hot Potato | 5/28/2009 | See Source »

...truly European-based company seems not in line with the idea of a European Union and its legislation," Belgian Prime Minister Herman van Rompuy wrote in a letter to the European Commission this week. He is worried about the fate of 2,600 workers at an Opel plant in Antwerp, which is slated for closure under some of the rescue plans under consideration...

Author: /time Magazine | Title: Rescuing GM in Europe: A Political Hot Potato | 5/28/2009 | See Source »

...cocainized extract of coca leaf is used worldwide in foods as a natural flavoring," said a Red Bull spokesman in response to the German government's announcement. Though the cocaine alkaloid is one of 10 alkaloids in coca leaves and represents only 0.8% of the chemical makeup of the plant, it's removal is mandated by international antinarcotics agencies when used outside the Andean region. (Check out a story on how Bolivia is preaching the virtues of coca culture...

Author: /time Magazine | Title: Red Bull's New Cola: A Kick from Cocaine? | 5/25/2009 | See Source »

...seems like we have been discussing those. The point is now, how do you take shining the light you're shining on an issue like that? What then happens? Because that's sort of about law and money and very concrete things, as opposed to symbolic, if you plant a kitchen garden, you may send a really great message about eating habits. How does the policy side of it and the concrete side of your agenda work? Well, I think that's where the relationship between the East and the West Wing matters. One of the things that...

Author: /time Magazine | Title: Interview with the First Lady | 5/21/2009 | See Source »

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