Word: relief
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Thousands of Opel workers in Germany are breathing a huge sigh of relief after the last-minute deal to rescue GM's European operations. German unions had always supported Austrian-Canadian company Magna International's takeover of GM Europe, wary that the rival bid from Fiat was just an attempt, as one union official put it, to "pinch German engineering." The unions regard Magna as an innovative company that put forward the best plan to secure the long-term future of Opel. At the carmaker's headquarters in the town of Rüsselsheim near Frankfurt, workers were hugging friends...
...Klaus Franz, the head of Opel's works council tells TIME. "Of course I'm also worried about my U.S. friends, but I'm happy the bridge financing plan for Opel has worked out and all GM's European assets have been guaranteed," he says. But despite the German relief, major sacrifices among GM Europe's 55,000 workforce are unavoidable in the coming months. (See pictures of General Motors Factory-scapes...
...starts, pitched more than half of the team’s innings and earned 16 of its 27 wins—hurling a pair of one-hit shutouts and three two-hitters along the way.And as good as she was as a starter, Brown also made seven appearances in relief, earning a league-high four saves. Against Cornell, Princeton and Dartmouth, Brown pitched a complete game in the opener of each twinbill before coming in to save the nightcap, averaging 9.2 innings per day in those doubleheaders.“As a freshman, she’s really stepped...
...member countries of the OPEC cartel voted in Vienna on Thursday to maintain output at current levels rather than increase supplies in order to bring some relief to consumers, particularly in the gas-guzzling West. The OPEC oil ministers, whose countries account for about 40% of the world's entire crude-oil supply, also renewed their commitment to stick to their agreed quotas, rather than ship extra oil, as they began doing last April when several members ignored their agreed output limits. OPEC leaders, many of whose economies are heavily dependent on oil exports, have struggled to stabilize prices...
...Prime Minister Yousaf Raza Gilani has asked for more support. The need for the international community to step up its aid effort was underscored a fortnight ago by the re-emergence of Jamaat-ud-Dawa, a banned charity linked to last November's Mumbai massacre, at the center of relief efforts in Mardan. (See pictures of Mumbaikars picking up the pieces...