
Blaming economic restructuring for laying off workers
Responsibility for the increase in the number of retrenchments last year has been placed on ongoing economic restructuring in Singapore ("More workers laid off amid economic restructuring"; yesterday). Since economic restructuring refers to the phenomenon of urban areas shifting from a manufacturing to a service-sector economic...

PM Cameron won a stunning election victory in UK
(8 May) - Prime Minister David Cameron won a stunning election victory in Britain, overturning poll predictions that the vote would be the closest in decades to sweep easily into office for another five years, with his Labour opponents in tatters. The sterling currency, bonds and shares surged on a result that reversed expectations...

Shanghai officials and families banned from business ownership
america.aljazeera.com - 5 May 2015 Mark Ralston / AFP / Getty Images In bid to reduce corruption, China implements policy in trade hub with plans to expand nationwide The Shanghai government on Tuesday introduced rules to restrict the families of senior city officials from running private businesses — a pilot measure that...
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