| Michigan : Michigan Council for Labor & Economic Growth Vulnerable ...
March 7, 2007 -- Employers in southeast Michigan left their real-world identities behind and tried to make ends meet as low wage workers today at the Council for Labor & Economic Growth (CLEG) Vulnerable Worker Forum held at the CVS Learning Center on the campus of Wayne County Community College. A modified poverty simulation was used to jumpstart employer awareness of the struggles that most vulnerable workers - hourly and entry level staff face and whose difficulties with poverty often impact their employment success.The CLEG Low Wage Worker Advancement Committee, in partnership with the Detroit Regional Chamber of Commerce and CVS Pharmacy hosted the event. Featured was an employer-led roundtable discussion of key action steps employers large and small can take to connect low income employees to support services to decrease turnover, provide opportunities for advancement, and improve long-term workforce stability.
NAACP and National Association of Home Builders Address Affordable ...
Co-hosted by the NAACP and the National Association of Home Builders (NAHB), the roundtable discussion drew expertise from leadership at the nation's leading housing advocacy groups. "The roundtable discussion was a critical first step in determining how we move the affordable housing issue from a policy discussion at the national level to a movement that makes a real difference in the lives of families across the nation," said Dennis Hayes, Interim President and CEO of the NAACP. "We view this issue from a broader context, and seek to determine the larger social costs of current development patterns. We don't want to encourage policies that promote economic disassociation." Discussion ranged from sub-prime lending to the production of affordable rental housing, from weak federal housing programs to local zoning practices.
6:34 am: Fed officials expected to keep rates unchanged at ...
WASHINGTON (AP) - As the Federal Reserve tries to guide the economy in for a soft landing, it is being battered by turbulent financial markets, a slumping housing industry and stubborn inflation pressures.None of that is expected to alter the course Fed Chairman Ben Bernanke and his colleagues have established of keeping interest rates steady at current levels until there is firm evidence that inflation pressures have begun to recede.Wrapping up a two-day meeting on Wednesday, Fed officials were widely expected to hold interest rates unchanged while still expressing greater concerns about inflation than the threat of weaker economic growth.The federal funds rate, the interest that banks charge each other, has been at 5.25 percent since last June when the central bank capped a two-year, credit-tightening campaign with its 17th consecutive quarter-point rate hike.
Ruling but not governing: Militaries in the Middle East (STEVE A ...
United States is unlikely to advance political change in the Arab world through force or punitive measures. Turkey's relatively smooth transition from a military-dominated, semi-authoritarian political system to an emerging democracy is a function not of coercion, but rather incentives
STEVE A. COOK The heady days of the so-called "Arab Spring" seem so long ago. Since 2005, Iraq has descended into civil war, Lebanon has experienced war and political paralysis, the Palestinian Authority is on the verge of collapse, and the Egyptian leadership is narrowing, not opening, Egypt's political arena. President Bush's much ballyhooed "forward strategy of freedom" in the Middle East has become a victim of unrealistic expectations about the challenges of promoting more open political systems in the Middle East.
China-Venezuela: The Real Drama
TOKYO (ResourceInvestor.com) -- At the end of March, China and Venezuela formed a joint investment fund. The Chinese are to contribute $4 billion while Venezuela is to participate with $2 billion. President Hugo Chavez announced proudly to the nation how the money is to be invested. There is to be a new railway line, a ship building facility, improved communication systems and expanded oil production. The oil is to be directed to the Chinese market; and the Chinese are to build three new refineries to process the anticipated 800,000 barrels per day (bpd) of heavy sour crude. .
Weather plays April Fools trick
Snowfalls of more than a foot and winds gusting to nearly 50 mph spread winter cheer around the Upper Peninsula beginning Tuesday.
Those hoping for a quick return to springtime will be disappointed, with a foot of snow possible today and Thursday in Marquette and Alger counties, and snow showers a constant in the forecast through Sunday evening.
Not until Monday does the forecast include a temperature of 40 degrees.
Residents who put away snowblowers, shovels and their heaviest coats scrambled to get them out of storage this morning, while some students already on spring break mightve felt cheated out of a free snow day in April.
School was canceled today for nearly all of Marquette and Alger counties, including at Northern Michigan University, while Marquette County district and circuit courts cut back to essential services only.
Forex Weekly Review and Outlook Markets to Focus on US-China ...
Dollar was set to end an eventful week on a high note but all prior developments were overshadowed by late Friday's announcement from Commerce Department on new import duties on China. Dollar reversed earlier gains from strong data, falling sharply and ended the week lower across the board. The coming week will feature rate decisions from RBA and BOE, plus a number of important economic data including ISM indices and employment report from US. However, focus will likely remain on the development in the US-China protectionism tension. The US Commerce Department announced on Friday that it will reverse more than 23 years of practice and apply trade tariffs to glossy paper imports from China. The decision is preliminary and initial duties will range from 10.9% to 20.3%, averaging at 18.16%.
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