Word: unionizations
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...Franz said two Opel factories in Germany and one in Belgium are now threatened with closure under GM's new restructuring plan. In the negotiations with Magna, the unions had won promises from the company that all four Opel factories in Germany would remain open, despite the fact that it planned to cut about 4,500 jobs in the country. The powerful IG Metall union, which represents about 3 million autoworkers and electrical and engineering employees, says it won't back down from that demand. But now that the Magna deal is dead, the unions don't have much leverage...
...German government has asked GM to come up with a restructuring plan as quickly as possible. Government sources said only then would Berlin decide whether GM would be eligible for any of the $6.7 billion in state aid that Germany had offered to Magna. Union leaders want the government to stand firm and not send any German taxpayer money across the Atlantic. But the car giant is prepared to play hardball too, reminding German workers that the insolvency of its entire European operation is still an option. "Failure to reach the restructuring that is needed would result in the operation...
...were no trumpet blasts or jubilant ceremonies to mark the occasion. But the decision by Czech President Vaclav Klaus to sign an agreement he loathed on Tuesday was momentous, nonetheless. The long-delayed passage of the Lisbon Treaty - the Czech Republic had been the last holdout among the European Union's 27 members - marks the end of an almost decade-long saga to reform the cumbersome institution and give it a stronger, more unified voice on the global stage...
...expectations are modest," says Aung Zaw, editor of the Irrawaddy, an influential Thailand-based magazine on Burma affairs. "We've seen these on-again, off-again discussions many times before with the United Nations and the European Union, among others." Real change, he said, could come only from Than Shwe, the supreme leader since 1992 of the military committee that rules the country and calls itself the State Peace and Development Council. Describing Burma as an oligarchy, Aung Zaw says that if Than Shwe had the political will, "he could solve 40 years of Burma's problems in four hours...
...Johnson's career, both in journalism and in politics, has been marked by a fearlessness that not infrequently borders on the suicidally reckless. He rarely keeps to agreed party lines, recently incurring the wrath of Conservative leader David Cameron by going dramatically off-message on the party's European Union policy last month, provoking a Cameron aide to send him a Mafia-style text message: "La vendetta è un piatto che va mangiato freddo," or "Revenge is a dish best eaten cold." Johnson, using the florid turn of phrase that is his hallmark, continues to insist his relationship with Cameron...