This time Greyhound commandos were hit back by the Maoist insurgents. A boat carrying 60 commandos and a few Orissa police personnel were way led by Maoist on Balimela reservoir in malkangiri district of Orissa-Andhra boarder. The boat capsized when the insurgents opened fire with AK47s, LMGs and even rocket launchers on unarmed commandos on […]
Oilmen Strike Over Exchange-Rate Change
On June 11, foreign media reported that 600 workers on an oil rig belonging to the Italian company ENI went on strike in Nebitdag in the west of Turkmenistan. The protest was dispersed by paramilitary units of the interior and national security ministries, and 62 arrests were made. An NBCentralAsia source in the western Balkan […]
Earnings Gap Between Executives and Employees Growing
In 2007, the CEO of a Standard & Poor’s 500 company received, on average, $14.2 million, according to preliminary numbers from The Corporate Library, a corporate governance research firm. The median compensation package received was $8.8 million.[1] A reasonable and fair compensation system for executives and workers is fundamental to the creation of long-term corporate […]
Thumbs down for babu’s in pay revision?
With surging prices and inflation putting the employees’ real income under severe stress, the absence of a word from the government on the fate of the 6th pay commission’s recommendations has caused concern to the mammoth officialdom. However the news is that there isn’t much to cheer for millions of central government employees, […]
Iraqi Kidnap Victims’ Wives Face Financial Struggle
Women whose husbands go missing find it difficult to obtain government aid. By Hind al-Safar and Zaineb Naji in Baghdad Firdaw al-Baghdadi has not seen her husband in three years. He was abducted in the Iraqi capital Baghdad, and although his family paid a ransom for his release, they never heard from the captors […]
Peru: President Says Country Closer to Overcoming Poverty
President Alan Garcia has claimed that Peru is a step away from overcoming poverty and soon will no longer be a developing nation. Garcia said that by the year 2015, less than 10% of Peruvians would be living in poverty. Bloggers throughout the country sized up on the president’s words: Roberto Bustamante, writing in El […]
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