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...Standing in the way, however, is a workforce that is among the most militant and anti-American in Asia. Daewoo's union leaders battled desperately to thwart the takeover, fearing it would spell job losses, pay cuts and other setbacks for the rank and file. Workers picketed GM's Seoul sales office on and off for more than a year and rioted outside Daewoo's Bupyeong plant near Seoul. The unionists even dispatched a mission to GM's U.S. headquarters to persuade executives to back off. The anger persists. GM is "a multinational, imperialist company," declares Kim Il Seob...
...back home, the Swiss say that?s not their problem. It?s an attitude that has long infuriated Switzerland?s neighbors. Now it is hurtling the country toward a head-on collision with the European Union that threatens to frustrate efforts to improve Switzerland?s international image?and could spell the end of its fabled banking secrecy once...
...didn't write, the heroine convinces herself she is a soap-opera character. In Possession, the literary detectives Roland and Maud are stand-ins for any novel's attentive reader. Turning the pages, we become involved in a vicarious espionage of the heart and then surrender to the spell of fantasy made real through a weaving of words...
...connected Tokhtakhounov to the Salt Lake caper until May, when the fbi obtained and translated wiretaps that the Italians recorded during the Olympics. Imagine their surprise at hearing Tokhtakhounov spell out his Olympic machinations. The U.S. issued a complaint charging him with two counts of conspiracy to commit sports bribery, and Italy slapped him into a Venice jail to await extradition. "He is astonished at the accusations," said his Italian lawyer Luca Saldarelli. "He is not interested in ice skating...
...billion debt. INDICATORS The Dollar takes a dip The euro reached and passed parity with the dollar for the first time in two and a half years, ending the week worth $1.013. The dollar's fall is good news for U.S. exporters, but a sustained slump could spell trouble for export-dependent nations like Japan and Germany. Baby You Can Buy My Car n Auto prices may be rolling downhill after the European Commission changed car-sale rules to increase competition. Dealers will soon be allowed to sell multiple brands and open showrooms across the E.U., where prices...