Word: unioneering
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...western hemisphere. (For its part, the Obama Administration says it wants more of a "partnership" with Latin America instead of the traditional U.S. dominance.) But if history is any guide, it's doubtful that the situation will lead to anything like a Latin version of the European Union (E.U.). The Latin American landscape is littered with the acronyms of failed attempts to realize Simón Bolívar's dream of regional unity, and CELAC may well turn out to be little more than Calderón's attempt to make Mexico regionally and globally relevant again alongside Brazil...
...This reality has triggered a nearly convulsive political response, given that elections are won and lost over the state of the economy and the mind-set of wage earners. That's why President Barack Obama, in his State of the Union address, called jobs his "No. 1 focus" and proposed repurposing bank-bailout money to lend more to small businesses, which would then, presumably, generate jobs. On March 17, Congress passed a job-creation bill that includes, among other things, an estimated $13 billion worth of tax incentives to coax companies into adding to their payrolls. (See 10 perfect jobs...
...Delay implementation of a tax on expensive health-insurance plans from 2013 to 2018. This cut 10-year revenue from the tax from $149 billion to just $32 billion. Richard Trumka, president of the AFL-CIO, which opposed the tax out of concerns it would end up hitting many union members' health plans, said in a conference call with reporters Thursday that he was satisfied with the change. While stressing that the Senate bill with the House package is "not a perfect bill," Trumka said it will "end a reign of insurance company terror" and is "an opportunity to change...
...powerful food and drink lobbies and their allies in the European Parliament aren't quite so sure. Renate Sommer, a parliamentarian from Germany's Christian Democratic Union party, favors limiting front-of-package labeling to calorie content and allowing food companies to decide how much nutritional information to list on the back. "It would be wrong to overload consumers. Otherwise you would need a calculator to work out your diet," she says. "The more you label, the less people read. The U.S. has more and more food labeling, but obesity rates keep rising. We should learn from their mistakes...
...considered such a backwater during those days that then-Secretary of State Madeleine Albright once famously referred to it as "the black hole in the heart of Europe." Since then, however, Slovakia has caught up with and even surpassed its Eastern European rivals, joining NATO and the European Union in 2004 and adopting the euro in 2009. (Czechs, meanwhile, are still using the koruna...