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  Institute of Industrial Relations Library
   Labor and Employment Weblog
   University of California, Berkeley
Updated 3/1/2004; 1:55:16 PM

Tuesday, February 03, 2004

Benefits of eliminating child labour far outweigh costs, UN agency reports Forcing children to continue working - a practice that affects one out of every six youngsters, or 246 million children - will cost $5.1 trillion from now until 2020. But if they receive an education instead, that figure drops to just $760 million - an amount that is more than offset by other social gains, the ILO's International Programme on the Elimination of Child Labour (IPEC) says in the study.[UN News Service]
4:47:01 PM    comment []

SA: Farmers’ union angry at Mbeki's legislative amendments. South African farmers have reacted with concern to news that President Thabo Mbeki has signed legislative amendments to boost the government's land expropriation powers. [Africa Online Top News]
4:46:24 PM    comment []

Grocery Workers Plan Wall St. Protest (Reuters). Reuters - A union representing striking U.S. grocery workers said on Tuesday it would stage a rally on Wall Street urging investors to rethink investments in the nation's top grocers as a Southern California health care dispute drags on toward its fifth month. [Yahoo! News - Business]
4:45:48 PM    comment []

UK not to impose any barriers on outsourcing:  Unlike its close-ally the United States, United Kingdom (UK) has taken different stance on outsourcing and has made it clear that it will not impose any barriers to protect its domestic firms from Indian competition. “We are not going to put up barriers to protect UK firms from tough competition from India. We know those Indian competitors will benefit the UK economy and strengthen it.…We believe in free market and we practice what we preach,” declared UK Minister of State for E-commerce, energy and Postal Services Stephen Timms. India [Deccan Herald: Business]
4:42:24 PM    comment []

Delta Orders Classier, Sexier Uniforms The potentially expensive move comes amid months of cost-cutting initiatives at Delta, which has lost more than $3 billion in three years and laid off 16,000 employees since the 2001 terrorist attacks. Andrea Taylor, a Delta flight attendant and union advocate from New York, said she has concerns about money being spent on new uniforms in light of pay and benefit cuts. [Miami Herald: Business]
3:45:23 PM    comment []

UAL attendants target Ted in insurance fight. The Association of Flight Attendants union said it has filed a motion requesting that the bankruptcy court appoint an examiner to look into the benefits dispute and unveiled an advertising and passenger outreach campaign that targets Ted. [Chicago Sun-Times: Business]
3:25:39 PM    comment []

Taxing the Wealthy. A tax surcharge on California's super-rich would bring in about $13 billion a year to the cash-strapped state. As for hardship, it might mean having to settle for a $9.5-million mansion instead of a $10-million estate. [AlterNet]
3:21:12 PM    comment []

Aventis Workers in Germany Protest Sanofi Some 5,000 workers for the German division of French drug maker Aventis protested Tuesday against a proposed hostile takeover by France's Sanofi-Synthelabo SA - which they fear will cost jobs in Germany. [Miami Herald: Business]
3:19:03 PM    comment []

Uganda Fears FTA May Hurt Infant Industries The country fears that joining the Comesa FTA will undermine its agricultural and industrial sectors, which it says are not strong enough to favourably compete against those of some Comesa FTA member states. A study funded by the Comesa secretariat in Zambia on the effects of Uganda joining the FTA sought to placate the country's fears but has not succeeded in persuading it to join.  [The East African: Business]
3:18:20 PM    comment []

Russia's economy picks up speed. High oil prices help Russia achieve another year of blistering growth, but the current pace may not prove sustainable. [BBC News | Business | World Edition]
1:33:27 PM    comment []

Kenyan transport 'not in crisis'. Kenya's transport minister is adamant new safety rules will be enforced despite massive disruption for commuters. Kenya's Government has denied the country's transport system is in chaos after imposing strict new safety regulations on minibuses. There are long queues for the few legal minibuses whilst hundreds of thousands of Kenyans are having to walk to work.  [BBC News | Africa | World Edition]
1:31:42 PM    comment []

Brazilian Indians end occupations. Brazilian Indians begin to vacate occupied farms in the west of the country, but the threat of confrontation remains. The Indians will retain a presence on three of the farms, while the government completes steps to declare the whole area a reservation. However, the agreement is said to have angered farmers, who stand to lose the land, and will only be able to claim compensation for "improvements" which have been made upon it.  [BBC News | World | Americas | UK Edition]
1:29:43 PM    comment []

Saudi Economy's Strength Set to Continue The Saudi economy in 2003 was “exceptional where oil is involved and solid elsewhere” says a report by the Saudi American Bank (Samba) in a report just released. “We expect strength to continue into 2004,” it said. [Arab News: Business]
1:18:47 PM    comment []

US seeks more investment opportunities in India Reflecting its concerns over the issue of outsourcing, the United States on Monday sought “greater balance and greater liberalisation” on India’s part to ensure that US investors have as many opportunities here as Indians have in that country. [Deccan Herald: Business]
1:02:43 PM    comment []

Rising dollar hits commodity exports For the third month in a row the rising American dollar wiped out the benefit of higher world prices for New Zealand's export commodities.  [The New Zealand Herald: Business]
12:59:59 PM    comment []

Indian economy 'better than ever'. Finance Minister Jaswant Singh gives an upbeat assessment of the economy, in the last budget update before this year's elections. [BBC News | South Asia | World Edition]
12:58:49 PM    comment []

Trade talk sweetens with sugar on table A free-trade deal with the United States is expected to be completed by the end of the week after the US agreed to put access to its heavily protected sugar market back on the negotiating table. [Sydney Morning Herald]
12:58:25 PM    comment []


Copyright 2004 Janice Kimball