Word: recentered
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...General Motors, where labor strife has lurked below the surface during much of the company's recent history, workers at five different plants who transferred back to GM from its former subsidiary are frustrated by the company's demands for more concessions. Protests by union members are blocking the contract changes deemed necessary by the company. "In regard to the Delphi plants, discussions between GM and the UAW are still ongoing, so no further details are available at this time," says a GM spokesman. (See the 50 worst cars of all time...
...labor rates that had opened up with key competitors, who got additional concessions as they went through bankruptcy. GM's labor costs after bankruptcy have fallen from $72 per hour to about $50 per hour under pressure from the Treasury. Ford's hover around $55 per hour after recent adjustments, and the gap is a top issue for Ford's management. (See GM's great hopes...
...OCRIO must ensure that it continues to offer the quality and breadth of international experiences previously available through the OIP. It would be counterproductive not to do so, as the excellence of the international programs under recent management is a significant reason why this merger was able to happen—the number of students going abroad has skyrocketed due to the extraordinary nature of many international opportunities available for Harvard students...
...only does high unemployment severely hurt our country’s future, but it also hinders our ability to recover from the current crisis due to its effect on the national psyche. As renowned behavioral economist Robert Shiller clearly articulated in a recent New York Times article, for a country to truly recover from an economic crisis, workers must be personally invested in the country’s economy, confident enough to take out loans, and willing to take risks to fuel growth. Right now, the entire country is frozen in economic fear, paralyzed by the shattering depth...
...While it's hard to imagine the Haitian élite ceding its inordinate wealth and power to the grass roots in that process, Bellerive insists the government, like international donors, wants decentralization. Despite the recent creation of a federal reconstruction commission, he says, "much of the rebuilding authority has to go to mayors and local leaders if this is going to work." Asked if he expects to make Haiti a more democratic and functional country in the end, Bellerive says, "Government reform should be part of this process, not just a consequence...