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Confessions of a Sweatshop Inspector

Washington Monthly - Visit the Web site of almost any large American retailer or apparel manufacturer and you’re likely to see a section devoted to “ethical sourcing” or “our compliance program.” /…/ Read on and you’ll often see that the company boasts of having a code of conduct that its suppliers must follow—a code of labor standards by which the factories in question will be regularly measured and monitored. Are they to be believed? Well, yes and no. Private monitoring, if done properly, can do a lot of good. But it’s a tricky thing. A simplified story of Nike may be the best way to introduce the origins of the type of work I was in.

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Hoće li biti industrije posle tranzicije

Republika - Valjda prvi put posle osam godina tranzicione stihije u Srbiji, ove godine se na realnom horizontu pojavila i reindustrijalizacija, kao suštinski cilj i same tranzicije. Najava povratka italijanskog »Fijata« u Kragujevac, u grad u kojem je u drugoj polovini prošloga veka i došlo do kulminacije razvoja »šrafciger industrije« u Srbiji, ne [...]

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The Backstory on the Buffett Book

WS Journal - One of the most anticipated books of the fall is “The Snowball: Warren Buffett and the Business of Life.” The title’s publisher, Bantam, paid $7.2 million for the North American rights and expects to sell more than 1 million hardcover copies of “The Snowball,” which is due out Sept. [...]

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How to survive the recession

New Statesman - The days of easy loans are over and people are having to live within their means. But it is not all bad news. Iain Macwhirter on the lessons for the government, and what you can do.

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UK economy grinds to a halt

Independent - The boom is officially over. Growth in the economy ground to a halt in the second quarter of this year, thus ending the longest period of expansion in British economic history. The bust may not be far behind: many economists now believe an outright recession – two successive quarters where the [...]

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Deutschland AG

Financial Times - The German government, while not alone in its fears of foreign investors, is not doing its economy a favour by shutting them out. Germany has greatly benefited from globalisation and many companies live off exports. Denying them foreign expertise could be a road to perdition.

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Now That’s Rich

NY Times, by Paul Krugman - Mr. McCain wants to preserve almost all the Bush tax cuts, and add to them by cutting taxes on corporations. Mr. Obama wants to roll back the high-end Bush tax cuts — the cuts in tax rates on the top two income brackets and the cuts [...]

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Inside the World of Blizzard

BusinessWeek - The recent $18.9 billion merger of Activision and Blizzard created the gaming industry¹s biggest player. But Blizzard is worth much more than its greatest hit, World of Warcraft.

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