Tag: accounting

February 15, 2014 0

Mistrust Leads to Shocking Union Defeat in Tennessee

By News Desk

By a vote of 712 to 626 the UAW Suffers Big Loss at Tennessee VW Plant . The United Auto Workers union suffered a crushing defeat Friday, falling short in an election in which it seemed to have a clear path to organizing workers at Volkswagen AG VOW3.XE +1.10% ‘s plant in Chattanooga, Tenn.

February 14, 2014 0

MEPs Accuse Troika of Aggravating Unemployment and Poverty in Rescued Countries

By News Desk

Via translation from El Pais, Members of European Parliament Accuse Troika of Aggravating Unemployment and Poverty in Rescued Countries "They could have acted as surgeons, cutting superfluous. Instead they acted like butchers with an ax," says MEP Alejandro Cercas in reference to the policies that the European Commission, the European Central Bank (ECB) and International Monetary Fund (IMF), the troika, that have been implemented in Greece, Ireland, Portugal and Cyprus, the four Eurozone countries that were forced to request a bailout. The report before the Committee on Employment and Social Affairs of the European Parliament adopted on Thursday morning does not use such harsh words, but blames the three agencies-known as the troika for  policies that have contributed to the deterioration of the welfare levels in the four countries

February 12, 2014 0

Rethinking "Paper Tiger"

By News Desk

Financial Times writer Wolfgang Münchau says Germany’s Constitutional Court has Strengthened the Eurosceptics . When the first headlines came out on Friday morning, it looked as if the German constitutional court had caved in. It decided to pass the case against Mario Draghi’s “whatever-it-takes†bond-buying programme to the European Court of Justice.