Word: sectoral
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...going to have to spend it." And, despite the burgeoning confidence of business and consumers, Germany's underlying economic problems are still there. The pension system is going bust, state spending on social programs is out of control, and seasonally adjusted unemployment is rising, last month topping 11.4%. Public sector strikes, the first in 14 years, have sparked demonstrations in 11 of 16 states. Last week, IG Metall, Germany's biggest engineering union, staged its own "warning strike," the first in a series aimed at winning a 5% increase in wages. The walkouts expose a yawning gap between workers' expectations...
From Oct. 1, 2003, until July 20, 2004, the border patrol's Tucson sector stopped 9,051 persons crossing into the country illegally who had criminal records in the U.S., meaning they committed crimes here, returned to Mexico, then were trying to re-enter the country. Among them: 378 with active warrants for their arrest. In one week, said border-patrol spokeswoman Andrea Zortman, there were two with outstanding "warrants for homicide...
...Lewis has called for nations to donate 0.7% of their GDP, and private-sector corporations to follow suit with 0.7% of their pre-tax earnings. ("Although I would accept post-tax earnings," he added to some laughter.) While $8.3 billion was spent on AIDS internationally in 2005, he added, the projections for 2006 have climbed as high as $15 billion and could reach $30 billion by 2010. "We are nowhere near generating that money," he said...
...dear to its heart, corporate America seemed to be getting the cold shoulder on Capitol Hill. It started last December when House Judiciary Committee chairman James Sensenbrenner, without informing the business lobby in Washington, whipped through a draconian immigration bill that targeted the so-called "jobs magnet" - agribusiness, service sector, construction and other industries that eagerly, and often illegally, employ cheap, undocumented immigrant labor to cut costs. The law would have stripped business of much of its semi-skilled laborers by forcing undocumented workers to leave the country, would have jacked up fines on employers for hiring illegals and would...
...Villepin now finds himself in. Pressure on de Villepin to ditch a controversial labor law grew dramatically Tuesday, when nation-wide protests produced an unexpectedly high turnout of nearly three million demonstrators. In Paris alone, more than a million transport workers, civil servants, and an array of public sector employees heeded union calls to stay away from work and join demonstrating high school and college students...