Word: unionism
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...advisory group at the consulting firm of BBK in Southfield, Mich., the UAW membership holds an effective veto over any "prepackaged" bankruptcy - which must be approved by all parties before it is filed, as opposed to a regular bankruptcy, in which the judge can change labor contracts - while the union retains the right to strike...
...though, the UAW is not sure what further concessions it will be asked to make. "They really haven't told us what they want," said one UAW bargainer when asked about what the union was prepared to give up. However, a rollback in wages, benefit cuts and a reduction in paid time off are all expected to be on the able when the union committees meet this week. Gettelfinger, however, stresses that other parties including dealers, suppliers, bondholders and salaried employees, need to make concessions as well...
...European skepticism over what is viewed as the overly confrontational approach to Russia adopted by Washington, made possible by the waning influence of the Bush Administration and spurred by a global economic crisis demanding maximum international cooperation. But it may also mark the onset of a more assertive European Union taking the leading role previously reserved for the U.S. in defining the continent's post-Cold War relations with Russia...
...that as it may, the European Union is divided between pragmatists and hard-liners on how to deal with Moscow. "Like it or not, Russia is Europe's neighbor, and it only makes sense to seek the best diplomatic and trade relations with your influential neighbors," says Laure Delcourt, a specialist on EU-Russian relations and head of research at the Institute of International and Strategic Relations in Paris. "Europe also has strategic interests with Russia the U.S. doesn't: it's overly dependent on Russian energy...
...that in this economy, unions are certainly going to be an important resource,” said Pollock, who is also both a TF and a unionized Law School faculty assistant. “It’s times like these that people do need to turn to the union...