Word: unionizations
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...German Chancellor Angela Merkel, the new year has gotten off to a dismal start. During the past week, several members of her party, the Christian Democratic Union (CDU), have publicly laid into her laissez-faire leadership style, claiming it has weakened the conservative party's base. And Foreign Minister Guido Westerwelle, leader of the CDU's partner in government, the Free Democratic Party (FDP), has challenged her government's stances on key foreign policy issues, namely German troop levels in Afghanistan and Turkey's long-delayed bid to join the European Union...
...Merkel wasn't expecting to encounter so many problems so soon with the governing coalition she negotiated with the pro-business FDP and the CDU's sister party, the Christian Social Union (CSU), following her victory in last September's elections. But holding the coalition together is proving to be a challenge given the policy differences, competing egos and vested interests involved. In an effort to try to iron out the partners' differences, the leaders of all three parties will meet for dinner on Jan. 17 to discuss a host of issues: tax cuts, health care reform, Afghanistan...
...This is window dressing," says Brandon Rees, who is a deputy director in the office of investment at union AFL-CIO. "Unless they are required to give up 50% of their bonuses this is a meaningless exercise." (See the best business books...
...major league players and managers agreed to begin limited, anonymous testing for steroids. Two years later President George W. Bush took the unprecedented step of condemning steroids in his State of the Union address, saying the use of the "dangerous" drugs in baseball, among other sports, "sends the wrong message - that there are shortcuts to accomplishments, and that performance is more important than character." That same year, standards grew tougher and major leaguers submitted to their first mandatory steroid tests. Under the penalties first introduced for doping in 2005, 12 players were suspended for 10 days each...
...globe's biggest trading partners. The U.S. imports about $1 billion a day in Chinese goods to fill the shelves of Walmarts from coast to coast, making it the second-largest U.S. trading partner after Canada. That's a far different relationship than the U.S. had with the Soviet Union, its last strategic challenger. China's test also highlights what some in the military call a "self-licking ice cream cone" - the perpetual pursuit of primacy that keeps missile plants around the world churning out antimissile interceptors and interceptor-evading missiles. (See pictures of the making of modern China...