Take another look this morning. France has outlawed after hours emails from bosses to employees. This is to protect the work week. A 35 hour work week is child's play for a work week but it is their standard.
" Overall, the IMF urged countries to do more to boost growth. “The costs of continued sluggish growth are clear — there will only be modest income gains and gradual reductions in unemployment.”
But the fund saved its sharpest words for the lack of progress in passing 2010 reforms to its voting shares, or quotas, to give greater voice to emerging markets like China. The reforms have been held up by the US Congress.
“The delay in making effective the 2010 reform package is utterly disappointing. These reforms are essential to ensure the continued legitimacy, relevance, financial strength and effectiveness of the fund.” Christine Lagarde
From the Washington Times: On the IMF reforms, the Treasury secretary has asked for more time to get the legislation through Congress, where leading Republicans like Sen. John McCain of Arizona and Sen. Bob Corker of Tennessee have voiced support and were prepared to vote for including them in a Ukraine aid package last month.
But House Republicans, raising various objections, blocked the bid to include to IMF reforms with the Ukraine bill. Among other concerns, they say by doubling the IMF’s permanent lending authority the reforms would expose the U.S. to a greater risk of default on IMF loans. There is no history of a nation defaulting on IMF loans, however.
With Republicans sharply divided over the IMF legislation, GOP leaders have been seeking a major concession from the White House in exchange for their approval. They want the White House to direct the Internal Revenue Service to back off of new rules restricting political activities by tax-exempt conservative groups, a demand that the White House rejects.
So far, there has been no sign that either side is ready to budge.
Take another look this morning. France has outlawed after hours emails from bosses to employees. This is to protect the work week. A 35 hour work week is child's play for a work week but it is their standard.
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ReplyDeleteIMF urges nations to secure stronger recovery
ReplyDelete" Overall, the IMF urged countries to do more to boost growth. “The costs of continued sluggish growth are clear — there will only be modest income gains and gradual reductions in unemployment.”
But the fund saved its sharpest words for the lack of progress in passing 2010 reforms to its voting shares, or quotas, to give greater voice to emerging markets like China. The reforms have been held up by the US Congress.
“The delay in making effective the 2010 reform package is utterly disappointing. These reforms are essential to ensure the continued legitimacy, relevance, financial strength and effectiveness of the fund.”
Christine Lagarde
Kiss our ass Christine
From the Washington Times: On the IMF reforms, the Treasury secretary has asked for more time to get the legislation through Congress, where leading Republicans like Sen. John McCain of Arizona and Sen. Bob Corker of Tennessee have voiced support and were prepared to vote for including them in a Ukraine aid package last month.
ReplyDeleteBut House Republicans, raising various objections, blocked the bid to include to IMF reforms with the Ukraine bill. Among other concerns, they say by doubling the IMF’s permanent lending authority the reforms would expose the U.S. to a greater risk of default on IMF loans. There is no history of a nation defaulting on IMF loans, however.
With Republicans sharply divided over the IMF legislation, GOP leaders have been seeking a major concession from the White House in exchange for their approval. They want the White House to direct the Internal Revenue Service to back off of new rules restricting political activities by tax-exempt conservative groups, a demand that the White House rejects.
So far, there has been no sign that either side is ready to budge.