Word: wages
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...German automakers, particularly Volkswagen, were threatening to move some of their production outside Germany altogether because of high costs. In the end, the union agreed to extend working hours without extra pay. That has been a boon to the whole industry--and the German economy. Reithofer acknowledges that the wage restraint "has been a fundamental contribution to making Germany competitive again...
...legally register a business, they are easily discouraged by the mass of bureaucratic red tape and costly fees. In Egypt, for example, starting a bakery takes 500 days, compliance with 315 laws, visits to 29 agencies and the financial equivalent of 27 times the monthly minimum wage. A recent study by the Inter-American Development Bank in 12 Latin American countries found that only 8% of all enterprises are legally registered and that close to 23 million businesses operate in the shadow economy. The proprietors of these businesses cannot get loans, enforce contracts or expand beyond a personal network...
...Anticipating that the funding bill might be their only passable vehicle for a while, Democrats packed the measure with funding for veterans' programs, Katrina recovery, children's healthcare and the first increase in minimum wage in 10 years. When the supplemental was made into law, Republican critics labeled all of the non-war related items pork. When Democrats passed a budget, Republicans called it "the biggest tax increase in U.S. history" even though the resolution didn't increase a single...
...plan by Republican Senators Richard Lugar and John Warner as evidence of a splintering opposition party, SHE PLANS TO hold one vote each week in July on the war, including a second run at a timeline for withdrawal and a bipartisan measure that would strip Bush's authority to wage war in Iraq. The idea is that if more and more Republicans are forced to turn against the President, Democrats will eventually have the votes to force Bush into a timeline for withdrawal...
...Hong Kong's Apple Daily newspaper), it would have been easy enough to confuse the demonstration with anything from a labor rights march to a municipal zoning dispute. Hundreds of Filipino and Indonesian domestic workers protested against abusive recruitment agencies and called for an increase in the minimum wage. In Victoria Park, beneath a dour-faced statue of the British monarch, Falun Gong demonstrators jostled for space with activists urging an end to political pressure on RTHK, Hong Kong's public broadcaster. As the crowd moved steadily through the streets of Causeway Bay, a popular shopping district, union representatives brushed...