Tag: industry

European Car Demand Near 20-Year Low; Peugeot Workers Shut Down French Plant; GM Loses Global Car Sales Lead to Toyota Once Again
January 17, 2013 0

European Car Demand Near 20-Year Low; Peugeot Workers Shut Down French Plant; GM Loses Global Car Sales Lead to Toyota Once Again

By News Desk

The New York Times reports Renault, Adjusting to Europe’s Declining Market, Will Cut 7,500 Jobs France’s ailing industrial sector took another blow on Tuesday when Renault said it planned to cut 7,500 domestic jobs by 2016, or about 17 percent of its French labor force, as it adjusts production capacity to the crushing downturn in the European car market. Of the 135,000 people Renault employs worldwide, more than 44,600 work in France. Ms.

Decentralize Big-Retail
December 11, 2012 0

Decentralize Big-Retail

By News Desk

How to Uproot Walmart & Bring Jobs Back Home.  December 11, 2012 ( LocalOrg ) – In many towns across America, Walmart, or a similar mega-retailer, is the only option you have when you need (almost) anything. Big-retail is a monopoly in its truest form and it has become so, not through “free market” economics, technological innovation, supply and demand, or healthy competition, but rather through a combination of pro-monopoly rules and regulations, human exploitation, outsourcing labor overseas, while preventing labor domestically from unionizing for better wages, job security, and benefits.  The sub-par trinkets, poisoned food and beverages, and slave-made goods that line the corporate consumer troughs at Walmart are the result of a global network taking advantage of socioeconomic disparity, consumer ignorance, and deplorable labor conditions to bring the very lowest prices possible to consumers. The consumers pushing their carts through the aisles of Walmart scarcely realize the conditions within which workers overseas toil to line those aisles.

Prepare for Spanish Implosion: Businesses Threaten to Leave Spain Over Tax Hikes; Finance Minister Proposes 56% Tax on Short-Term Financial…
July 21, 2012 0

Prepare for Spanish Implosion: Businesses Threaten to Leave Spain Over Tax Hikes; Finance Minister Proposes 56% Tax on Short-Term Financial…

By News Desk

Prepare for Spanish Implosion: Businesses Threaten to Leave Spain Over Tax Hikes; Finance Minister Proposes 56% Tax on Short-Term Financial Transactions Cristobal Montoro, the Spain’s finance minister has made a liquidity destroying proposal to tax short-term financial transactions at an astonishing 56% tax rate. Businesses are already upset over hikes in the VAT and have threatened to leave Spain. Interestingly, in spite of raising taxes elsewhere, the VAT was lowered on the highly subsidized renewable energy sector.