Word: reformations
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Getting Republicans together has been the major stumbling block on immigration reform. Twenty-three GOP senators supported President Bush's plan, which would strengthen border security, create a guest worker program and offer a path to citizenship for the some 10 million illegals already in this country. On the other side are most House Republicans, who want border security only and don't want to hear about anything that they regard as "amnesty" until later, if ever. Today House Republicans stunned their Senate colleagues by announcing that they intend to hold public hearings around the country this August to highlight...
...domestic front, Chen's efforts to govern and reform have often been blocked by the opposition-controlled legislature. It has yet to confirm his nominees for president and vice-president of the Control Yuan, Taiwan's highest watchdog body, even though the posts have been vacant for more than a year. It has opposed the creation of an ethics and anticorruption bureau, a bill that would force political parties to be more transparent about their assets, and changes in the judiciary that would make the courts more efficient...
...with the pace of reform accelerating, India is beginning to change in ways similar to those that helped China attract foreign investment in manufacturing. India's rising middle class means companies now see the country as an important source of consumer demand. India has joined China as one of Nokia's five largest markets. According to tech-consulting firm Gartner, mobile-phone sales in India grew 42% in 2005 to nearly 30 million units, and sales are expected to quadruple by 2009. With so much potential, Nokia decided India was the best option for a new factory. "We became eager...
...ministry announced a $22 billion program to double the capacity of the country's ports by 2012; India has also embarked on a $50 billion program to add or modernize 40,000 km of highways over the next several years. The government is facing stiff opposition to another major reform of the country's onerous labor laws from labor unions and leftist politicians, but it is trying, at least, to get the process started. It is championing special economic zones with 10-year tax holidays, duty-free imports and the possibility of less restrictive labor laws...
...Ratan took over from J.R.D. in 1991. India was beginning economic reforms, and, with state-sponsored monopolies on the way out, the new chairman saw the need to overhaul the firm's culture. He raised the conglomerate's stake in all its companies to a minimum 26%. And he ordered each to meet performance targets to be first or second in its industry, and to meet quantified goals for leadership and innovation or be sold. Most shaped up. Tata Steel, for example, shed half its 78,000 workers between 1994 and 2005 using retirement and voluntary redundancies to lower costs...