Word: unionizers
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Dates: during 2000-2009
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Jose Manuel Durao Barroso, president of the European Commission, called for an alignment of U.S. and European interests in an “Atlantic agenda for globalization” at a lecture on the evolving relationship between the United States and the European Union yesterday. The lecture, entitled “A Letter from Brussels to the Next President of the United States of America,” is part of the “Challenges of the 21st Century” series organized by Renée Haferkamp of the Center for European Studies. But despite the politically-charged...
...other Asian countries are growing at least three times as fast, most analysts view Nomura's acquisition of Lehman's Asia assets for $225 million as a steal. MUFG, too, was already looking beyond Japan for growth. In August, it paid $3.5 billion to buy the remaining 35% of Union Bank of California that it didn't already own. Union Bank of California has a relatively healthy balance sheet and its stock is undervalued, analysts...
...sober French reaction marks how the nation has evolved towards a freer market system under European Union rules, even as it struggles to preserve parts of its vaunted welfare state. Over the past decade, millions of French citizens became first-time shareholders following a huge wave of privatizations, the bulk of them carried out in the late 1990s by a Socialist-led government. Meanwhile, once-modest executive compensation - long cited as proof of France's more egalitarian approach - has skyrocketed in recent years; in 2007 alone, pay for French top executives soared by an estimated 58%, according to the French...
...Alitalia has been in need of a shakeup for years. The company hasn't turned a profit since 1999, forcing the Italian government to set up a series of bailouts that have drawn the ire of European Union competition regulators. In December 2006, then Prime Minister Romano Prodi put the government's 49.9% share of Alitalia on the selling block. Several potential buyers pulled out, and a takeover bid by Air France-KLM was blocked by the unions and the open disdain of then opposition leader Silvio Berlusconi...
...That kind of good fortune, divine or not, has helped Lula, 62, a former union leader, become the country's most popular President in half a century. Even without the oil find - which could make Brazil one of the world's largest crude producers - the economy is growing vigorously, and the nation's notorious social inequality is receding. What's more, Brazil is flexing a newfound diplomatic clout as the hemisphere's first real counterweight to the U.S. (Lula led the creation of a bloc of developing nations, the G-20, to thwart U.S. and European hegemony in global trade...