By Boris Groendahl VIENNA (Reuters) - A Vienna court sentenced nine people to prison on Friday for their roles in causing losses at Austrian bank BAWAG P.S.K. of as much as 1.7 billion euros ($2.7 billion) through risky investments. The losses, which surfaced...
Opportunities for European businesses to take advantage of the cheaper labour available in the EU accession states were challenged recently in the European Court Of Justice ECJ by a landmark case. International Transport Workers Federation and another v Viking Line demonstrated the conflict between two fundamental rights enshrined in EU...
Labor Day -- it's that one day in the year that we celebrate America's deep Gilded Age roots in trade unions. In reality, though, the U.S. has been on the decline for years. Here's one staggering fact on the downfall of unions: In the 1950s, one in three American...
Conventional wisdom asserts that high trade union bargaining strength and a system of coordinated wage bargaining tend to reduce the attractiveness of an economy as a location for foreign direct investment. However, empirical evidence on these issues is rather limited. This paper provides further evidence on the issues through an...
One of the underlying assumptions of this paper is the perception that labour market institutions, in particular trade unions, are an impediment to investment, growth, productivity and job creation. Following closely the standard textbook version of labour market theory, the text equates full wage and employment flexibility with a set...
In 2003, a survey of over 1,500 members of the Finance Sector Union Commonwealth Bank Officers' Section working in the Commonwealth Bank in NSW Australia was undertaken to gauge members' awareness of their rights and responsibilities under occupational health and safety OHS legislation. The survey also investigated members' OHS experiences...
This report aims to highlight some of the campaigns and initiatives that are being undertaken by nongovernmental organizations NGOs and trade unions in the face of the impending expiration of textiles quotas. The content is based on information available on the Internet and should not be considered exhaustive. Moreover, many...
The Poverty Reduction Strategy Paper PRSP is a country development paper inspired by the International Financial Institutions IFIs for becoming eligible to concessionary international financial assistance under a facility called the Poverty Reduction Growth Facility PRGF established by the International Monetary Fund IMF supported by the World Bank in 1999....
Spain has 17 regions with broad administrative and legislative powers, including regional parliaments. In relation to employment contracts legislative competence is granted exclusively to the State. In other areas, however, the regions show ever-increasing differences in terms of the social services and assistance they provide, as reflected in the social...
The paper starts with a theoretical discussion of the extent to which individual employers can exercise discretion in the management of their employee's pay. It then examines the ways in which pay is used to secure productive effort. An analysis of the influence of trade unions leads on to an...
Today the reality of a restructured and fragmented economy and the individualization of employment relationships make trade union organizing more difficult. Organizing does not mean just recruiting new members in the workplace and providing them with services. Organizing the informal sector should be a priority for unions in view of...
Trade unions are increasingly reaching out beyond the traditional workplace, whether at enterprise or industry level. They are connecting with other elements of civil society and building alliances and partnerships at community, national, regional, international and global levels. The broader social agenda of the labor movement could be advanced only...
Gordon Brown is under mounting pressure to raise taxes for high earners so he can reduce the tax burden on low-income families struggling as the economic slowdown begins to bite. Some ministers are urging the Prime Minister to "be bold" by risking tax rises for people earning more than 100,000...
The head of Britain's biggest public-sector trade union has accused the Labour Party of being "devoid of ideas of how it's going to win the next election" and has begun a review of its 1.5m-a-year contribution to party funds. Dave Prentis, the general secretary of Unison, spoke out as hundreds...
Department of Justice, Federal Trade Commission, Pentagon Federal Credit Union, National Black Chamber of Commerce and Southern Christian Leadership Conference Voice Concern over Proposed Interchange Regulation Nordstrom, Inc., a Major Merchant, Joins Opposition to H.R. 5546 PURCHASE, N.Y., July 15 /PRNewswire/ -- As the House...
American CareSource Holdings, Inc. (AMEX: XSI)announced today that it has signed new client service contracts with IronWorkers Local 295 Trust Fund, representing Iron Workers throughout thestate of Indiana, and Operative Plasterers & Cement Masons Local 692,representing Plasterers and Mason Workers in Northwest Indiana. Both Local#395 and Local #692 are Taft-Hartley...
WARSAW AFP — Bronislaw Geremek, an icon in the struggle against communist rule in Poland and founding member of the Solidarity trade union, died in a car accident Sunday. He was 76. Tributes poured in from across Europe for the member of the European Parliament and leading scholar...
NEW YORK -- As the crisis in Zimbabwe deepens, the international community -- and particularly African leaders -- can play a significant role in saving the important southern African country from political and economic implosion. African governments have been reluctant to challenge Zimbabwean President Robert Mugabe. For...
ZAGREB AFP — Croatian trade unions are accusing the government of adopting measures that have only benefited the rich in response to an economic crisis resulting from soaring oil and food prices. After being stable at around three percent since 2004, Croatia's inflation rate stood at 6.4 percent...
BERLIN AFP — German industrial giant Siemens, which has announced plans to cut 16,750 jobs, is also planning to cut the wages of hundreds of employees, Der Spiegel reported Saturday. In particular, the salary of 390 workers not covered by agreements with the metal workers union will be...
