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January 10, 2006 – China’s Central Bank said on Tuesday they do not have any plans to shift a large portion of it’s foreign exchange reserves away from the U.S. dollar and government bonds. However, the statement conflicts with China’s State Administration of Foreign Exchange, who last week indicated China would likely sell dollars from
Read moreThirty years ago, Dan Fairbanks looked at the jobs he could get with his college degree and what he could make working the line at General Motors Corp., and decided the GM job looked better. He still thinks he made the right choice. But with GM planning to end production of the Chevrolet SSR and
Read moreListening to President Bush’s latest pronouncements on immigration, it’s easy to spot him speaking to the interests of big corporations: That’s the part about a guest worker program to ensure a constant supply of low-wage labor in the United States. It’s also easy to see where the president plays to the xenophobic fears of his
Read moreDescribing the recent IAM Organizing Summit in Chicago as an experience that made him “hungry to get started here at my home District,” District 27 Organizer Chris Bradley joined forces with IAM International Organizing Director Larry Washam to launch a program to generate additional organizing leads and provide assistance to ongoing organizing drives. At a
Read moreThe IAM has announced the filing for certification to represent the 123 workers at Usinatech in Melbourne, Québec who primarily do machining sub contract work for “Bombardier Recreational Products” in Valcourt, Quebec. The Usinatech workers will join Local Lodge 922 in Sherbrooke, Québec which already services the workers of ICP, Sherwood, OMH, Xérium, AMF, Groupe
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