Word: union
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...doubt, though, that the government helps keep labor costs in line, in part through intimidation. There has never been a strike at SIA. In 1980, when pilots complained about pay, the country's Prime Minister threatened to fire every pilot and ground the airline, and the pilots' union was fined and shut down. A new union was formed a few months later. Today a 747 captain with 10 years' experience makes about $118,000 a year at SIA, compared with about $258,000 at a U.S. carrier. After the 9/11 attacks, the airline cut management salaries...
...time since he last allowed a goal. Harvard’s sophomore goaltender led the men’s hockey team to two shutout victories over league opponents in its first weekend at home. The No. 19 Crimson beat No. 16 Rensselaer, 3-0, Friday night and defeated Union, 4-0, on Saturday. Richter impressed the home crowd with a total of 55 saves on the weekend—28 against the Engineers and 27 against the Dutchmen. He has stopped 115 of the last 116 shots he has faced and earned both league and national recognition for his play...
...five economists seemed upbeat about the resumption of growth worldwide and relieved that investment is picking up and confidence appears to be returning to both consumers and business. But while the U.S. focuses on jobs and obsesses about the emergence of China as a low-cost economic colossus, European Union nations have turned inward. They are preoccupied by the addition of 10 new E.U. members this year, by the tussle over a new European Constitution and by the collapse of the Growth and Stability Pact, which imposed rigid discipline--overly rigid, critics say--on governments to curb deficits. Europeans...
...shame: Poland may be the most underappreciated destination in Europe. From the meticulously reconstructed old square in Warsaw to medieval Cracow and the white sand beaches of the Baltic, the country boasts some of Central Europe's most unexpected pleasures. Poland is preparing to join the European Union in May, and Poles hope the higher profile that comes with E.U. membership will help put their country's undeserved reputation for dowdiness behind them. "The image of Poland will only improve," predicts Adrian Ellis, manager of Warsaw's plushest hotel, Le Royal Meridien Bristol ($400 a night). Business travelers are streaming...
...students are equally up in arms over government policy, why is Wednesday's transport strike and its probable sequels seen as the decisive struggle in France's wider reform drive? Firstly, because successive governments have previously proposed and failed to modify the "special regimes" in the face of union resistance. And that is the second reason why the renewed attempt is producing a high-drama showdown. Although strong in sectors like transport - where strikes often cause enormous disruption - French unions represent less than 8% of the national workforce, and have seen their influence steadily wane over the years. Should they...