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World Economic Forum: Business Leaders Call For Social Goals In Corporate Decisions

Business must include humanitarian social goals in its mission and incentives, or face eventual collapse in the next century. This was the conclusion of a panel of business and civil society leaders that took place Jan. 26, 2013, at the 43rd World Economic Forum Annual Meeting in Davos, Switzerland. “Businesses have more power and money […]

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World Bank & IFC Respond To ProPublica’s Critique Of Its Poverty Fighting

 Below is a letter from an official of the World Bank’s International Finance Corp., taking issue with our article posted Jan. 2 and co-published with Foreign Policy magazine. It is followed by our brief response. We are deeply disappointed by your article, “Can You Fight Poverty With a Five-Star Hotel?,” which raises an important question […]

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World Bank ‘Fighting Poverty’ Financing Billionaires’ Luxury Hotels

By CHERYL STRAUSS EINHORN, Special to ProPublica— Accra is a city of choking red dust where almost no rain falls for three months at a time and clothes hung out on a line dry in 15 minutes. So the new five-star Mövenpick hotel affords a haven of sorts in Ghana’s crowded capital, with manicured lawns, amply watered […]

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Java Oil Field Shut Down, Workers Demanding Outsourcing End

Indonesia’s state-owned oil company Pertamina EP was forced to shut down its Jatibarang oil field in West Java, following protests by its employees demanding that the company end its outsourcing scheme. “However, we expect our oil production to reach less than 131,000 bpd by the end of this year because output from our Jatibarang field […]

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Indonesia Clamps Down On Outsourcing After Nationwide Strike

After a nationwide strike shut down many industries, workers in Indonesia have won a major victory, forcing the government to enact new rules clamping down on outsourcing. The Indonesian government is imposing tighter restrictions on the employment of workers through outsourcing  following the 3 October 2012 nationwide labor protests. New regulations will ban outsourcing companies from […]

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Youth Unemployment Still In Critical Condition In G20 Nations, ILO Reports

ILO News- The global youth unemployment situation remains critical, with 17.7 million young people – or just more than 16% – unemployed in 17 of the G20 countries for which data is available, the International Labour Organization (ILO) has said 3 October 2012. Youth unemployment rates 8-11% in Australia, Germany, Japan, the Republic of Korea, Mexico. […]

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Job Search Engine Indeed.com Bought By Japan’s Recruit Co.

Recruit Co. Ltd., a firm that once brought Japan’s government to its knees in a 1988 scandal, has purchased popular job search engine Indeed.com. Both Indeed and Recruit Co. are privately held companies. No dollar or yen value was given for the purchase. However, published reports speculate Recruit Co. may have paid as much as […]

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Human Resources in Africa: Making the Leap from HR to CEO in Zimbabwe

From the Zimbabwe Independent via Allafrica.com: Currently, from a world class standards viewpoint, a high-performing HR professional demonstrates mastery of six HR competencies; credible activist, culture and change steward, talent manager/organisational manager, strategy architect, operational executor and business ally. To be noted carefully is that these six competency domains are factored into these groups statistically. They were […]

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