SUBIC BAY, Philippines (Reuters) – From his office window, Roberto Garcia watches workers repair the USS Emory S. Land, a submarine support vessel that is part of a U.S. military buildup as Washington turns its attention to fast-growing Asia and a newly assertive China. The Philippines, Australia and other parts of the region have seen a resurgence of U.S. warships, planes and personnel since President Barack Obama announced a “pivot” in foreign, economic and security policy towards Asia late last year. …
Congress, Obama playing with dynamite, CEOs say of "fiscal cliff"
BOSTON (Reuters) – Corporate America is raising the volume of its plea that the U.S. government avert a year-end "fiscal cliff" that c ould send the nation back into recession, but chief executives aren't pushing the panic button just yet. With a heated election season in the rear-view mirror, executives are calling on the White House and congressional leaders to head off a self-imposed deadline that could bring $600 billion in spending cuts and higher taxes early in 2013 if they are unable to reach a deal on cutting the federal budget deficit. … Mexico Congress OKs biggest labor shake-up in decades
MEXICO CITY (Reuters) – Mexico’s Senate on Tuesday approved a wide-reaching but watered down labor reform bill in the biggest shake-up of the country’s job market in more than four decades. The bill’s approval came after a protracted tussle between outgoing President Felipe Calderon’s National Action Party (PAN) and pro-union hardliners within the Institutional Revolutionary Party (PRI) of president-elect Enrique Pena Nieto. The PRI has traditionally relied on union support. “We shouldn’t underestimate what we have,” said PAN senator Javier Lozano. …
No comments:
Post a Comment