` Conservative Club boast they have solved the `Cost-Of-living-Crisis ' while many of the British People Disagree '

#AceFinanceNews – BRITAIN – April 09 – It was back in 1944 that the great challenge for post-war Britain was defined as eradicating the scourge of unemployment.

Now even George Osborne seems to have heard the news that full employment is an essential aim of any government, although nearly a million young people out of work will be rightly sceptical about his government’s ability to deliver.

But the Chancellor is not only 70 years too late; he is also at least a decade out-of-date.

Today, full employment – and getting people back to work – remains an absolutely necessary ambition but one that has become insufficient.

People know that work no longer guarantees the better future for their families they used to expect.

They are asking: what kind of work, what kind of wages – and what kind of prospects?

So there is now a clear divide emerging ahead of the election: on one side, the Conservative Party boasting how it has solved the cost-of-living crisis; and, on the other side, the vast majority of the British people who know that it has not.

AFN2014

#britain, #chancellor, #conservative-party, #george-osborne

Dasu Hydel Project: World Bank ‘expected’ to approve assistance for dam

Dr GHULAM SARWAR ASHRAF

The director called on Finance Minister Ishaq Dar and discussed issues related to the World Bank’s assistance to Pakistan. PHOTO: ONLINE

ISLAMABAD: World Bank (WB) Country Director, Rachid Benmessaoud on Monday said that the international lender is expected to approve assistance for Dasu Hydel Power Project. The director called on Finance Minister Ishaq Dar and discussed issues related to the World Bank’s assistance to Pakistan.

He said that the WB is encouraged by the positive trend of economic indicators and is expected to approve the assistance for the power project.

“The managing director of the World Bank, Sri MulyaniIndrawati, will be visiting Islamabad in the last week of March to discuss Pakistan’s development projects,” Benmessaoud said.

He informed the minister about the preparations being made in connection with her visit. The finance minister expressed hope that the visit will be a successful one and will open the road to co-operation…

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` Ford Motor with Russia’s Soller’s Joint Venture will Suspend Production for a week laying off 700 Employees ‘

#AceFinanceNews – MOSCOW – April 09 – Ford Sollers car making plant, a joint venture of Ford Motor Company and Sollers, has suspended production for a week from April 7 to 15

Ford car making joint venture situated in the city of Vsevolozhsk in north-western Russia’s Leningrad Region will pass to production in one working shift and will lay off about 700 employees (the Ford joint venture has 2,267 employees now), additional days of idleness are introduced with further transition to the work in one shift.

The labour state inspection has made a warning to the general director of the joint venture that it was impermissible to violate labour legislation in staff dismissal.

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#ans2014, #ford-motor-companyfmc, #leningrad, #moscow, #russias, #sollers