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Indian rate-hike cycle in last lap, say economists

MUMBAI (Reuters) - The Reserve Bank of India (RBI) is expected to raise interest rates by another 25-50 basis points for the remainder of 2008 as it grapples with inflationary pressures, before softening rates early next year, economists said.
09 2 2008 9:10AM (...more)

Govt may announce higher wages for employees

NEW DELHI (Reuters) - Nearly five million government workers are set to get higher wages as the cabinet is expected to approve recommendations of the Sixth Pay Commission on Thursday, officials and newspapers said.
08 14 2008 9:50PM (...more)

Migrants, unsung heroes of China's reform, demand their share

BEIJING (AFP) – Cheng Yuan gets up at 6:00 am and goes to sleep 12 hours later in his crammed dormitory, too exhausted to watch any TV after a day on his Beijing building site -- and he considers himself lucky. In a good month, the 35-year-old can make 3,000 yuan (440 dollars),
12 12 2008 11:33AM (...more)

Communist strike hits trains and air services

KOLKATA (Reuters) - A one-day strike called on Wednesday by communists to protest against inflation shut down three Indian states and partially hit train and air services, but the rest of the country was largely unaffected, officials said.
08 21 2008 10:55PM (...more)

Colombians protest Uribe government

BOGOTA, Colombia - Police clashed with hundreds of protesters who blocked roads and burned trucks in Colombia on Wednesday in demonstrations called by unions, farmers and indigenous groups who accuse the government of ties to right-wing militias.
10 11 2007 1:14PM (...more)

Typhoon kills at least seven in Taiwan

TAIPEI (Reuters) - A typhoon which brought down parts of two bridges and dumped as much as 1,400 mm (55 inches) of rain in parts of Taiwan killed at least seven people with 14 missing, rescue workers and newspapers said on Tuesday.
09 16 2008 5:08PM (...more)

Steel workers in China protest plant purchase

BEIJING – Hundreds of steel workers in central China trapped a government official in their factory's office compound for four days, angry at the official's role in the state-run plant's privatization, the local government said
08 20 2009 6:33PM (...more)

Save the date: Ala. county passes Obama holiday

MARION, Ala. – In central Alabama's Perry County, government workers already get a day off for President's Day, Martin Luther King Day , and Veterans Day . In
12 7 2008 4:15PM (...more)

Egypt's economic reform meets unprecedented wave of labor resistance

Cairo - The first time the 27,000 employees at Misr Mahallah Spinning and Weaving factory went on strike, it was with the feeling of a doomed effort that they nevertheless had to make.
12 11 2007 12:35PM (...more)

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