Monday, December 8, 2008

Chris Cantell Discusses Business: Tie ke gi dobijat parite
by Milota Sidorova


Amerika može da se gordee so plakanjeto za preplatenata, neobučena rabotna sila og Golemata trojka, doagajki vo Kongresot, so tažni oči i vo sprotivno zakanuvajki se, deka celata država ke propadne ako tie propadnat.
Da go zemam ova kako glupava šega.

Golemata trojka dojde vo Kongresot da pokaže strateški, dolgoročen plan, co cel da gi pušti vo pogon zelenite tehnologii vo vtornik. Kako i da e, tie samo predložija namaluvanje na rabotnite mesta što vo sekoj slučaj beše neizbežno i zaedno so Unijata na avto-rabotnicite tie planiraat da ja eliminiraat bankovata rabotna programa.

Rabotnata programa i ova e ušte edna šega, se isturi vo licata na 10te milioni nevraboteni i neplateni rabotnici. Rabotnata programa, beše vo toa što Golemata trojka garantiraše do 95% od platata koga rabotnikot ne beše vo možnost da raboti. Da gi dodademe otplatata za zdravstvo i osiguruvanje, isplatata od saat koja se dviži pomegu 40 i 75 dolari i mora da bidete sigurni deka ova e samo edna golema greška.

Vratete gi rabotnicite nazad vo realnosta! Posle site ovie godini na loša politika da mu dozvolime na izvršniot direktor da raboti za 1 dolar godišno i ve molam nemojte da izgledate iznenadeno.

Unijata na avto-rabotnicite ne pravi ništo novo i progresivno. Osven toa, bankovata rabotna programa ke se transformira vo fond za zdravstvena griža. General Motors ke investira tamu poveke od 7.5 bilioni dolari i Ford 6.3 bilioni dolari do 1 januari 2010 godina. Toa definitivno ne e progres tuku samo pretstavuva prefrlanje na odgovornosta.

Kongresot ke prodolži so soslušuvanjata vo četvrtok i petok. Izvršniot direktor i pretsedatelot na Unijata na avto-rabotnici ke prisustvuvaat na sostanokot isto taka. I ke molat za 34 bilioni dolari, proklamirani kako dolg od 25 bilioni dolari.

I pokraj smešnite nameri, sigurna sum deka Golemata trojka ke gi dobie parite, pokažuvajki go sredniot prst na Glava 11 koja ima za cel da gi bankrotira site nekompetitivni kompanii. Ke gi začuvaat starite rabotnici so nivnite koristi i ke go proizveduvaat istoto gubre kako porano. Gospod neka im pomogne na site onie koi rabotat po polinjata izloženi na sekakvi vremenski uslovi za 8 dolari na čas i Gospod neka go blagoslovi Svetiot Kongres.

related story: http://news.yahoo.com/s/ap/20081203/ap_on_bi_ge/autos_uaw;_ylt=Aq4eecer6ydrLnqmdOAx26qs0NUE

by Milota Sidorova
for PocketNews (http://pocketnews.tv)
translated by Zivka Deleva

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

Labels: , , , , , ,

Thursday, December 4, 2008

Billion of Dollars, Euros, Yens and Yuans
by Milota Sidorova


Financial crisis. This is almost a mystery to me. It becomes what Spanish people call fantasma & a ghost. You can't see it, you don't know where it comes from, but though you can feel it everywhere.
These two words have been attached with such number of problems that it makes really difficult to outline where the solution possibly might be.

However, it seems, world's governments can agree on one thing & to support weakening economics with sky-high funds. Although there has been no proof, spent billions and trillions made some progress, there's been nobody to reject massive bailout plans. I beg you pardon, it's been almost a history. Germany Chancellor, or world's top rated female politician Angela Merkel said she didn't want race of billions, commenting proposed EU-wide package of 200 billion euros, literally 1.5 percent of its gross domestic product.

And it seems quite a courage to say to. Sarkozy and Berlusconi are rallying to pass the proposal, even Polish Prime Minister Donald Tusk has announced financial help to stabilize Polish economy. China said it planned to spend 4 trillion yuans or $586 billion by the end of this year after its President Hu Jintao agreed China was loosing its traditional export trading edge. The time when even proud Chinese representatives acknowledge failure signs like a wave of unpredictable problems behind. Moreover, when they say they were willing to sacrifice another 18 trillion yuans and $2.6 trillion the next year.
Nevertheless, Japan, despite of being reluctant to lower interest rates and support the economy by the packages, has announced it was going to inject 5 trillion yens or $ 53 billion to get the economy and automakers back on the feet.

Generally everyone's doing so, then why not Germans? One might remember on troubled Iceland, Hungary and Pakistan, begging for help. Though, it hasn't been so easy. Now people living in the most Northern part of Europe have had 18 percent mortgages instead of 6 percent as they've had before.

American Citigroup, one of the survivors from September meltdown on the Wall Street announced loss of more than 60 percent its shares last week, shading the positive aspects $700 billion stimulus package. Luckily, Americans have their Barack Obama, who spent the last week assuring the population of the U.S. by details of his upcoming economy rescue plan. The amount topped around $550 - $700 billions should be approved as soon as possible. American markets seemed to have swallowed his words. In fact, they've been rallying every day, all week long, for the first time since the beginning of the year.

But still, what are the major reasons of European largest economy to stand out of the crowd saying no? Merkel will has a chance to explain it on European Financial Minister meeting today. And personally I am very curious about it.

by Milota Sidorova
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


edited by Beata Biskova

Labels: , , , , , ,

Wide Eyes Open
by Milota Sidorova


Some might have expected more than the humility and the 'poor little rich girl' behavior from Big Three or three major American automakers coming to propose strategic plan to get federal money.
They've come to say they needed more than $25 billion.
However, the lack of dynamic and too much bleak talking around made the hearing little bit awkward.
They said absence of support would lead domestic production into the crush. General Motors Corp. asked for $12 billion from the government by the end if March and mentioned extra $6 billion if markets go wrong. And one might not be able to remember such amount.

Well, but what is GM planning to do? What is it we could call effective future perspective of American largest auto making company?


Representatives have promised restructure and finally, one can say it loudly & job cuts, in this case, so necessary. GM plans to cut off from 20,000 to 30,000 workers 1,750 dealer locations and to stop the production in nine plants. The production will focus on the very core brands including Chevrolet, GMC, Buick and Cadillac. However, there's been not a word about ecology and green technologies, so far. In fact, GM produces the most polluting vehicles in the world. How can one close his eyes in this point?

According Chief Operating Officer Fritz Henderson, there wasn't plan B.
You might be possibly asking for: 'what has happened with promised executives' reduction?'
What other actions are on the plan with the group earning more than $250,000 a year?
Personally it's been the greatest joke, I have ever heard. GM CEO Rick Wagoner said he would work for $1 per year and other executives would be also object of reduction.
Nice vision, indeed.

Getting the cash will, inevitably need more than Congressional support. It requires more than Presidential and President-elect support. It will need their action. Actually, now it's hardly to happen.

Hearings, leading to vote will continue during this week.


.




related story: http://news.yahoo.com/s/ap/autos_gm_plan;_ylt=Anjd_BXnfAJJBRkXcE.KtA.s0NUE

by Milota Sidorova
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


edited by Beata Biskova

Labels: , , , , , ,