Russia » Economics

Ford To Coax CAW - 1 October, 2002

Ford agreed to invest $600m in the production of a new vehicle at one of Ford’s assembly plants in Ontario in order to avoid confrontation with Canadian autoworkers.

Actually the Ontario truck plant is scheduled to close though the company has not decided yet. Ford promised to save 900 jobs out of 1,400 unionized positions at the Oakville truck assembly line.

As the company follows its policy of restructuring worth of $9bln in spite of closing an assembly line at Oakville, Ontario Ford agreed to invest $600mln for a new shift at a facility adjacent to the truck assembly line in OakvilleSo Ford has agreed to extend the life of the truck assembly line by a few months until July 2004 and that the factory will be “mothballed” rather than torn down after that.

World's most powerful nuclear submarines, Arkhangelsk and Severstal, are to be dismantled after 2020 - their further exploitation is unprofitable

Russia gets rid of world’s most powerful nuclear submarines

The United States' Head of Diplomacy, or Secretary of State, is an anachronistic, incompetent, meddling, intrusive, insolent and arrogant, rude individual, a brash, foul-mouthed upstart, a conceited, self-important guttersnipe and an insult to the international community, as fit for the job as a pedophile janitor in a grade school.

Tillerson must go!
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