Word: unionizers
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Dates: during 2000-2009
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Sometimes it's not just what is said that counts, but the way it is said. And if tone is anything to go by, the leaders of the European Union's largest economies are dead serious about cleaning up global finance markets. On Sunday, officials from eight E.U. countries wound up an economic summit in Berlin calling for tougher regulations on international financial markets-including secretive hedge funds and the tax havens they often rely on to do business. The question is: will the U.S., the biggest financial player in the world, ever agree to the binding international regulation...
...United Auto Workers (UAW) took a major step toward fulfilling the terms of the federal loans doled out to automakers this winter. The union said Monday that it has reached a tentative agreement with Ford to accept some equity instead of cash to finance the special trust for retiree health care, known as the Voluntary Employees Beneficiary Association, or VEBA. (Read "UAW agrees to Concessions With Automakers...
...plans to offer similar terms to both General Motors and Chrysler LLC, sources indicated. Officials from both companies, which together asked for more than $21.6 billion in loans last week, declined to comment on the Ford deal. Both companies are supposed to have deals with the union wrapped up by March...
While Ford has not asked for government aid, it has used the deep recession in the industry to seek concessions from the union. Retiree and active-employee health-care benefits cost Ford about $2.2 billion annually, according to company officials...
...investments through a shadowy network of partners in Hong Kong, Malaysia and Singapore, most likely with funds funneled out of Zimbabwe's coffers. Mugabe is reviled by many of his countrymen and much of the world for the corruption and cronyism of his regime, and extensive U.S. and European Union economic sanctions bar him and his associates from visiting or conducting financial affairs in the West. So the former champion of anticolonial revolution has over the years turned toward the wealthier climes of Southeast Asia, where he once could count on significant support and still does among private circles...