Signed by dozens of prominent Nicaraguans, the manifesto pointed out that the concession, approved without consulting the public, granted Wang sweeping rights over any lands he chose, even those owned by private citizens.
But the labor concessions, if approved, don't solve GM's other problem, which is getting 90% of unsecured bondholders to agree to a debt-for-equity swap that would leave them with 10% of the restructured company.
Just before the canal concession was approved, Murillo described the project in her daily address: "This will represent the true application of Christianity, of Socialism, of Solidarity, in that we will live well — secure, healthy, beautiful, clean, beyond poverty of any kind".
Just before the canal concession was approved, Murillo described the project in her daily address: "This will represent the true application of Christianity, of Socialism, of Solidarity, in that we will live well secure, healthy, beautiful, clean, beyond poverty of any kind".
Writing in Manufacturing and Technology News, a newsletter run by Annandale-based Richard McCormack, Wessel and Slane posit that recently enacted anti-trust legislation is "starting to make life very difficult for foreign corporations". They add: "The law is being used to selectively control prices of foreign-made products and services and to demand outrageous concessions before approving mergers.
The airline reached a tentative agreement on concessions with its pilots last week, and the leaders of their union approved concessions last night that included pay cuts of 10percentt.
Pilots, flight attendants and dispatchers have already approved concessions.
Several other unions have approved concessions, including the drivers, who voted on Sunday, increasing the significance of the guild vote.
Negotiations with those other unions went more smoothly, and all but one small group has approved concessions.
On Wednesday, Chrysler workers approved concessions, including work rule changes, that would result in lower pay and less generous benefits than in the 2007 contract.
But after the executive benefits were disclosed, the leaders at that union and at the ground workers' union -- which had also just narrowly approved concessions -- decided to vote again.
