unions

Air France-KLM is being brought to its knees by its unions
incomerevealed.com

AIR FRANCE likes to present itself as a cut above other European airlines. Offering fancy French food and free champagne in economy class on long-haul flights, the company’s strategy is to justify its high ticket prices by offering a premium service. But facing intransigent unions at home and competition from abroad, the airline’s financial fizz […]

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Regulating credit unions in Africa
incomerevealed.com

Striking a co-operative note THE most recent time Moses Kibet Biegon needed a quick loan was when his roof blew away. He got one from the Imarisha Savings and Credit Co-operative, in Kericho in western Kenya. Imarisha channels the savings of its 57,000 members into loans for school fees, business projects or, in Mr Biegon’s […]

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Italy presents the European Union’s new bank-rescue rules with their first big test
incomerevealed.com

ANOTHER blow to national pride: on January 13th DBRS, a Canadian rating agency, downgraded Italy’s sovereign debt, stripping the country of its last A rating. Government bond-yields rose; so will the cost of funding for Italian banks. Erik Nielsen, chief economist of UniCredit, Italy’s biggest lender, calls the extra €5bn ($5.3bn) or so banks will […]

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Tasmanian job cuts alternatives sought by unions
incomerevealed.com

Tasmanian unions are working to find alternatives to public sector job cuts despite the Government closing the door on further negotiations. The Government has withdrawn its public sector wage freeze bill and now plans to cut 1,200 jobs. The 12-month …

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