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September 14, 2005 – Workers from China, along with five other countries, filed a class-action lawsuit against Wal-Mart stores Tuesday, claiming the retail giant failed to enforce its code of conduct at toy and clothing factories accused of severe labor abuses. Two workers from Wal-Mart contractors in China claim in the lawsuit they were forced
Read moreSeptember 14, 2005 – Chinese President Hu Jintao told President Bush on Tuesday China is ready to work with the United States to reduce the massive trade deficit between the two nations. Hu, who talked about increasing China’s imports from the United States, did not specify if China was willing to take measures to further
Read moreSeptember 14, 2005 – Trade data released by the U.S. government reinforces the fact that China’s undervalued currency continues to hurt the U.S. manufacturing sector and cost the U.S. valuable jobs, the China Currency Coalition asserted Tuesday. The Department of Commerce has reported that the U.S. trade deficit with China hit $17.7 billion in July.
Read moreHurricane Katrina’s economic toll continues to mount – its cost evident in near-record energy prices, snarled shipping traffic, lost jobs and wrecked businesses. But nearly two weeks after landfall, its impact is shaping up as one of extremes. There are many losers, most notably the 400,000 who have lost their jobs, many of whom are
Read moreHalf the world’s population still scrapes together a bare bones existence. Also, having a job doesn’t guarantee the ability to escape from poverty. Individuals, families and communities have a right to expect that those in positions of public and private authority can come up with a set of policies that give them a fair chance
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