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That surely boosted the confidence of prospective car buyers and sent a strong message to the United Auto Workers union and bondholders that the government is dead serious about implementing a major restructuring of both companies - and won't wince at bankruptcy if that's what is required to get the job done. GM's new CEO, Frederick A. Henderson, basically repeated that message at his Tuesday-morning press conference, even going so far as to say that bankruptcy was now "more probable," though not desirable. (See pictures of the remains of Detroit...
This visit is the first exchange sponsored by the Ivy Council, an organization comprised of student government leaders, student group leaders and students from eight ivy-league institutions. Last May, the Ivy Council sent a delegation of members to visit universities in China...
...Malaysian government revoked 60,000 work visas it had granted other Bangladeshis, and officials are now threatening to round up foreigners for deportation. "I am hiding and avoiding places where Bangladeshi people gather," says Hussein. If caught, he risks jail, a heavy fine, and even a whipping before being sent home. (See pictures of migrant workers in the Gulf...
...their work visas are no longer valid. "They will settle to be illegal," says Manolo Abella, a Bangkok-based expert on regional migration for the International Labor Organization. "Migrants workers often tolerate all sorts of abuse and deprivation just to stay and earn a wage, to avoid being sent home." Recent cases of undocumented workers getting pressganged into near slave-like conditions aboard fishing vessels in the river deltas of Southeast Asia have dramatized how vulnerable destitute migrants are to exploitation. Abella also warns that women migrants may fall into the sex trade and become prey to networks of human...
...Locarno Room, a grand, gilded space in the Foreign and Commonwealth Office that was designed at the height of Britain's colonial powers, plans were afoot to challenge a stage-managed G-20 consensus. Demonstrators took to the streets, and French President Nicolas Sarkozy and German Chancellor Angela Merkel sent out invitations to their own joint London press conference, to signal their determination to resist any Anglo-American pressure for additional fiscal stimulus and to highlight their demands for stricter financial regulation. They are not the only G-20 leaders to arrive in London with agendas that reflect divergent approaches...