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  Institute of Industrial Relations Library
   Labor and Employment Weblog
   University of California, Berkeley
Updated 4/1/2004; 2:25:51 PM

Wednesday, March 10, 2004

U.S. Trade Gap Hits Record $43.1 Billion in January (Reuters). Reuters - The U.S. trade deficit widened to a record $43.1 billion in January, as rising oil prices helped keep imports near historic highs and exports retreated despite the weaker dollar, the Commerce Department said on Wednesday. [Yahoo! News - Business]
12:54:57 PM    comment []

January Wholesale Stocks Below Forecast (Reuters). Reuters - Inventories at U.S. wholesalers rose less than expected in January, Commerce Department data showed on Wednesday, and the pace of sales more than halved as demand for cars posted the largest fall in over six years. [Yahoo! News - Business]
12:54:46 PM    comment []

Macedonian Railway Workers to Strike with Partial Blockade.  Skopje, March 10, 2004 - The strike of the three Independent Trade Unions of the Public Enterprise "Macedonian Railways" (MZ) will be partly stopped, i.e. the railway traffic on Tuesday afternoon will run with minimum work. Instead of a complete blockade, the international and cargo trains will be admitted, while domestic railway traffic will be reduced.   Southeast Europe Online Mar 10 2004 11:50AM GMT
12:48:40 PM    comment []

The Danish military, the nation's single-largest workplace, with a staff of some 29,000, is  bracing for massive reorganisation, spending cutbacks, layoffs, and redefined operations. Copenhagen Post Mar 10 2004 12:44PM GMT
12:44:40 PM    comment []

Grants to boost nurses' ranks Independence Blue Cross has launched a new initiative designed to combat the shortageIndependence Blue Cross has launched a new initiative designed to combat the shortage of nursing professionals in the region. Yesterday, Blue Cross announced the creation of its three-year Nurse Scholars Program – a $2.25 million scholarship initiative aimed at increasing the number of nursing instructors in the region’s graduate nursing programs. Philadelphia Tribune Mar 10 2004 5:55PM GMT
12:38:10 PM    comment []

Immigrants keep cruise ships afloat.  The cruise industry employs thousands of Eastern European immigrants — young, good-looking, energetic people eager to escape the poverty of their own countries and willing to work 80 to 90 hours a week for very little pay. USA Today Mar 10 2004 4:04PM GMT


12:36:13 PM    comment []

Comcast workers to vote on union decertification. About 80 Comcast employees in Beaverton are now represented by the Communications Workers of America, a union affiliated with the AFL-CIO. The union has represented these workers, mostly technicians, since September 2000.  Business Journal of Portland Mar 10 2004 0:29AM GMT
12:30:59 PM    comment []

Al-Rajhi, Danieli Sign Deal to Set Up Steel Factory At a ceremony on Monday night, Mohammed A. Al-Rajhi, chairman of the board of directors of Al-Rajhi Group, and Dario Fabro, executive vice president, Danieli Co. of Italy, signed an agreement for setting up a SR950 million factory in Jeddah for the annual production of 850,000 tons of steel.  [Arab News: Business]
12:29:57 PM    comment []

Work at foreign companies is changing Indians' lifestyles BANGALORE, India -- A social revolution is under way in India's numerous back offices and call centers. Many of the employees are barely in their 20s, and a year or two ago they were living traditional lives in their parents' homes, often in smaller towns. Now, caste, religion and other age-old Indian social divisions are being shaken. [Seattle Post-Intelligencer: Business]
12:29:07 PM    comment []

Outsourcing's long-term effects on U.S. jobs at issue That single word has evoked far-reaching emotions in the past year, prompting presidential candidates and labor groups to decry its practice and economists and chief executives to defend it as a natural progression of the economy. [Seattle Post-Intelligencer: Business]
12:28:11 PM    comment []

EFFECTS OF WALKOUT: Somali group urges end to bus strike. Advocates for the Somali community in the Twin Cities are urging Metro Transit managers and drivers to settle the labor strike, saying five members of the immigrant group have been fired because they couldn't get to work without bus service. Pioneer Planet Mar 10 2004 9:46AM GMT
12:26:43 PM    comment []

At Issue Bus Strike: Letters to the editor from Minneapolis readers: regarding the Bus Strike. Pioneer Planet Mar 10 2004 12:12PM GMT
12:25:09 PM    comment []

South African unions urge steel giant to review plans to retrench workers. Johannesburg - Trade unions Solidarity and the National Union of Metalworkers of SA (Numsa) have urged steel giant Iscor to review its plans to retrench hundreds of staffers during its restructuring process following news that the price of steel was set to rise by 15 percent in June.  Business Report Mar 10 2004 8:13AM GMT
12:22:37 PM    comment []

Minimum wage plan in UK for under 18s. Gordon Brown is expected to announce a rise in the minimum wage and he could extend it to under 18s. [BBC News | Business | World Edition]
12:21:26 PM    comment []

Japanese growth at 13-year high. Output figures for end-2003 are cut sharply, but remain firmly on course for an export-driven recovery. [BBC News | Business | World Edition]
12:20:54 PM    comment []

Rebound cures Hong Kong's budget blues. Treasury chief Henry Tang says rapid growth has done wonders for Hong Kong's once-wobbly public finances. [BBC News | Business | World Edition]
12:15:24 PM    comment []

AFL-CIO wary of police spending for FTAA. A top labor official Tuesday called on Miami to justify spending $8.5 million in federal funds to police last fall's trade summit, which union leaders claim resulted in widespread brutality against protesters. Miami Herald Mar 10 2004 1:08PM GMT
12:10:25 PM    comment []

WIFO says Japanese, US economies on the mend. Vienna - The Japanese and US economies are showing signs of lasting recovery but the Eurozone is lagging, said the economic research institute WIFO on Wednesday.  Business Report Mar 10 2004 3:20PM GMT
12:06:17 PM    comment []

Daley tells firefighters: turn in racists. Mayor Daley urged Chicago firefighters on Tuesday to turn in their racist brethren and not allow the handful of "cowards" who have used the fire radio to spew hatred to "hide behind a sheet." Chicago Sun-Times Mar 10 2004 1:33PM GMT
11:33:33 AM    comment []

Singapore's economy to post its strongest growth in 4 years in 2004. Channel NewsAsia Mar 10 2004 2:03PM GMT
11:05:38 AM    comment []

Singapore Civil Service warned it may have to shed workers to keep costs down. Channel NewsAsia Mar 10 2004 2:03PM GMT
11:05:23 AM    comment []

Loss at Japan Airlines results in 4,500 job cuts. IHT Mar 10 2004 3:20PM GMT [Moreover - Airline industry news]
10:52:38 AM    comment []

Kia will build new plant in Slovakia. As part of a growth plan for Europe, Kia Motors Corp. will build an $870 million manufacturing plant in Slovakia.  South Korea–based Kia said they will build the plant near the city of Zilinia, northeast of Bratislava. After Kia builds the plant, officials expect to create 2,400 jobs. Construction should to begin this summer, and the plant should be ready to start production by November 2006.  Instrumentation Systems and Automation Society Mar 10 2004 3:07PM GMT
10:48:38 AM    comment []

Argentina set for fresh IMF cash. Argentina gets the green light from the International Monetary Fund for fresh funding of $3.1bn (£1.7bn). [BBC News | Business | World Edition]
10:45:53 AM    comment []

China's industrial output up 16.6% in first two months [People's Daily: Business]
10:32:38 AM    comment []

And the Bills Just Keep on Coming… With the mismanaged and now-defunct California Technology, Trade & Commerce Agency a bitter memory and the state's overseas trade offices shuttered, Sacramento is taking a fresh look at the impact global business has on the state's economy and what part, if any, it should play in positioning the state in the global business arena.  [CalTrade Report]
10:31:55 AM    comment []

Indian, UAE agreements to boost investments. DUBAI: India's investment in the UAE will get a boost with the signing of two memorandums of understanding (MOU) between the chambers of commerce and industry of India with those of Dubai and Sharjah emirates.  Silicon India Mar 10 2004 10:52AM GMT
10:30:01 AM    comment []

Kerry Slams Bush Economic Record; Will Meet with Dean (Reuters). Reuters - Democratic White House candidate John Kerry on Wednesday slammed George W. Bush for giving average Americans "the short end of the stick" and said the Republican president's tax cuts were digging the U.S. economy into a deeper hole. [Yahoo! News - Top Stories]
10:28:04 AM    comment []

US, Japan block India, Brazil efforts for talks on bio-piracy The two leading industrialised countries vehemently opposed any discussion on the need to amend trade-related intellectual property rights (Trips) agreement to incorporate the provisions of Biodiversity Convention so as to stop the stealing of age-old genetic and plant material from developing countries which are being used for centuries to cure some major diseases. India, Brazil, Cuba, Ecuador, Peru, Thailand, Venezuela, who were later joined by Pakistan and Bolivia, insisted that Trips Council discuss a checklist of issues as part of Doha negotiations (paragraph 19) to stop bio-piracy. [Deccan Herald: Business]
10:20:48 AM    comment []

Singapore's economy seen growing at about 5.5%. Singapore Business Times Mar 10 2004 11:21AM GMT
10:12:44 AM    comment []

Mexican textilers join Turkish and US textilers. The Mexican National Chamber of Textile Industry (CANAINTEX), the Istanbul Textile and Apparel Exporters Association (ITKIB), the American Manufacturing Trade Action Coalition (AMTAC) and the American Textile Manufacturers Institute (ATMI) all believe that unlimited access by China to global textile and apparel markets will result in massive job disruption and business bankruptcies in dozens of countries dependant upon textile and clothing trade. And they are asking the WTO to extend the textile and clothing quota phase-out process until 31 December 2007.  Turks.US Mar 9 2004 6:40PM GMT [
10:11:11 AM    comment []

Cotton Industry Eyes Quality Problems. Cotton growers across the South produced a banner crop last year, but experts say they still may have lost millions of dollars in potential earnings because quality is slipping. San Jose Mercury News Mar 10 2004 8:05AM GMT
9:53:11 AM    comment []


Copyright 2004 Janice Kimball