Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 26 n° 320

Posts Tagged ‘conditions’

Better working conditions and social rights for seasonal workers

Posted by fidest on Thursday, 26 April 2012

Non-EU seasonal workers would enjoy basic working and living conditions, such as a minimum wage and decent accommodation, under draft legislation endorsed by the Civil Liberties Committee on Wednesday. These rules would tackle exploitation, while preventing temporary stays from becoming permanent. The Commission estimates that over 100,000 third-country seasonal workers come to the EU every year.The proposed rules are set to be the first on seasonal employment at EU level, but they will not affect Member States’ right to determine admission volumes or reject applications if workers could be hired locally to do the job. EU countries should also be free to define seasonal work beyond its traditional link to agriculture and tourism activities, such as fruit picking, say MEPs. This should be done in consultation with social partners and ensuring that all activities have a seasonal aspect.
An application to obtain a “seasonal worker permit” should include a work contract or a binding job offer specifying essential aspects, such as pay and working hours, say MEPs. It should also include evidence that the worker will benefit from adequate accommodation. Rent should not be excessive or automatically deducted from a worker’s wage, says the committee.
A seasonal worker permit will ensure minimum working conditions and social rights, for example related to pay or safety. Seasonal workers should have the right to join a trade union and have access to social security, pensions and public services, except for public housing and employment services. Travel documents will be granted according to length of the stay: a Schengen visa for stays up to 3 months and a long-stay visa or a residence permit for stays between 3 and 6 months.The adopted text says that employers should pay for travel costs from the place of origin to the place of work and vice versa. Employers should also pay the visa fee and the cost of health insurance before the start of the contract.MEPs amended the Commission proposal so a 6 month limit would apply over a 12 month period, instead of within a calendar year, to account for winter seasonal workers.Seasonal workers could extend their contracts or change employers within the 6-month limit. Seasonal workers who lodge a complaint against a first employer should be allowed to remain in the Member State while looking for another seasonal job, says the committee.The new rules aim at promoting non-EU workers’ movement between a third-country and the EU for temporary stay and work. This would be done either through a multi-season permit covering up to three consecutive years or by simplifying procedures for returning applicants.

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Apple responds to outcry from 250,000 consumers over working conditions

Posted by fidest on Friday, 30 March 2012

Washington, DC – Today, the Fair Labor Association (FLA) released its assessment of working conditions in Apple supplier Foxconn’s factories. The assessment details numerous violations as well as commitments by Foxconn, working with Apple and the FLA, to improve working conditions. Today’s move comes in response to online outcry over the treatment of workers that make popular Apple products.Mark Shields, who started the popular Change.org petition, responded to the news: “Apple is making good on their brand promise and thinking different. There’s still important work to be done, but Apple and Foxconn have made serious commitments to improving the lives of their workers. Change.org provided a platform for so many Apple customers who needed a way to ask Apple to do better – and to their credit, they are listening.”Creator of popular petition on Change.org applauds Apple’s commitment to improving factory conditions

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New Revolving Credit Facility

Posted by fidest on Wednesday, 15 June 2011

Hamilton, Bermuda, Enstar Group Limited (Nasdaq:ESGR) today announced that it has entered into a new three-year $250 million revolving credit facility (the “Credit Facility”) with National Australia Bank Limited and Barclays Corporate, the corporate banking division of Barclays Bank PLC. Enstar is permitted to use the borrowings under the Credit Facility to prepay certain existing credit facilities, to fund permitted acquisitions and for general corporate purposes. Enstar’s ability to draw on the Credit Facility is subject to customary conditions. In addition, as a condition to Enstar’s initial borrowing under the Credit Facility, Enstar must prepay approximately $167 million outstanding under existing credit facilities. The Credit Facility is secured by a first priority lien on the stock of certain of Enstar’s subsidiaries and certain bank accounts held with Barclays Bank PLC in the name of Enstar and into which amounts received in respect of any capital release from certain of Enstar’s subsidiaries are required to be paid. The interest rate is LIBOR plus 2.75%, plus an incremental amount tied to certain regulatory costs that may be incurred by the lenders, if any. During the existence of any payment default, the interest rate is increased by 1.0%. The unused portion of the Credit Facility will be subject to a commitment fee of 1.10%. The Credit Facility is subject to various financial and business covenants, including limitations on mergers and consolidations, acquisitions, indebtedness and guarantees, restrictions as to dispositions of stock and dividends, and limitations on liens on stock. Enstar, a Bermuda company, acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off, and provides management, consultancy and other services to the insurance and reinsurance industry.

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International Tourism

Posted by fidest on Thursday, 1 July 2010

Madrid, Spain, International tourist arrivals grew by 7% in the first four months of 2010 according to the latest issue of the UNWTO World Tourism Barometer. This growth confirms the recovery trend beginning in the last quarter of 2009 and comes despite the challenging conditions of recent months. While April’s results were affected by the week-long closure of European airspace, globally the pace of recovery is faster than initially expected, driven largely by emerging markets. For the full year 2010, UNWTO forecasts international tourist arrivals to grow by 3% to 4%.  2010 – January-April results Other industry indicators such as air transport, which grew 6% in the first four months of 2010 according to the International Air Transport Association (IATA), confirm the resilience of the tourism sector and the fact that recovery is underway. Data from the accommodation sector also reflects improved performance, with occupancy and average room rates on the rise again.  International tourist arrivals from January to April 2010 totalled over 258 million. This clear improvement has to be compared with the negative results of 2009, the worst period of the crisis, totalling 242 million arrivals. The current volume is still 2% short of the record year 2008, with 264 million arrivals in the same four months. 2010 results will continue to benefit from the gradually improving economic situation, as well as from a number of high profile events including the Winter Olympics in Vancouver, the FIFA Football World Cup in South Africa, the World Exposition in Shanghai and the Commonwealth Games in India. Unfortunately, tourism has also suffered the effects of a series of natural disasters, including earthquakes in Haiti, Chile, Southern California and Guatemala and severe flooding in a number of destinations including Machu Picchu (Peru) and parts of Europe.

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Joint venture, for access to financial resources

Posted by fidest on Thursday, 13 August 2009

Alticor, a global company with an uncompromising commitment to innovative scientific research and development of quality products, and Metagenics, a premier manufacturer and distributor of science-based medical foods and nutraceuticals marketed to health care professionals, today announced that they have entered into a joint venture agreement. Under the terms of the agreement, Alticor will obtain a substantial ownership interest in Metagenics, and the current Metagenics shareholders will continue to retain a significant interest in the company. The agreement is subject to customary closing conditions, including approval by Metagenics shareholders and antitrust clearance. The closing is expected to take place later this summer. Detailed terms of the agreement were not disclosed. Alticor and Metagenics each have a long history of dedication to health, wellness and the application of advanced science and technology. Metagenics’ investment in scientific research led to the development of its leading nutrigenomic research center. The center develops science-based medical foods and nutraceuticals for nutritional support of clinically tested therapeutic lifestyle-change programs. Therapeutic lifestyle change programs are emerging as the preferred method for the treatment and prevention of chronic illnesses. In forming the joint venture, Bryan Cave provided legal counsel for Alticor and Crowe Horwath served as financial advisors. Canaccord Adams acted as exclusive financial adviser to Metagenics, and McDermott Will & Emeryprovided legal counsel. Alticor (www.alticor.com) is the parent company of Amway Corp., Amway Global, Access Business Group LLC and Alticor Corporate Enterprises. Headquartered in Ada, Michigan, USA, Alticor and its affiliates offer products, business opportunities, and product development, manufacturing and logistic services in more than 80 countries and territories worldwide. In its most recent financial year, the company reported worldwide sales of more than US$8.2 billion.
Metagenics (www.metagenics.com) headquartered in San Clemente, CA, is a global life sciences company focused on reversing chronic illness and improving health. Founded in 1983, the company serves tens of thousands of health care professionals and more than a million patients throughout the world and holds more than 40 proprietary formula patents for use in nutraceuticals, medical foods, and pharmaceuticals. Today, Metagenics continues its leadership role through its world class sales force, by successfully merging the disciplines of nutritional genomics, functional medicine, and therapeutic lifestyle change programs to find solutions to society’s most pressing health concerns.

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Sri Lanka’s government must do to ensure peace

Posted by fidest on Thursday, 21 May 2009

Caritas says that the Sri Lanka government needs to bring peace to the country now that war is over through a series of short and long term measures.These are to:  Improve the conditions in the camps for people displaced by the war,  Resettle people made homeless as soon as possible and help rebuild their lives,  Bring about a just peace that meets the needs of all Sri Lankans The government needs to take steps immediately to ensure that the people displaced by the fighting and living in camps have access to food, clean water, and protection. Currently, 251,861 people have reached camps. Humanitarian agencies have strictly limited access and that must change. Caritas is providing much needed food and other assistance to the many displaced people. Caritas is providing food for over 11,089 people, in seven camps in Jaffna and some 21,071 in Mannar. However, Caritas says the camps do not meet international standards on security and living conditions, and traumatized families remain divided.Caritas says the next step is to ensure that people who have been forced from their homes are allowed to return as soon as possible. Once there, war victims must receive significant support in rebuilding their lives. Caritas Sri Lanka’s Executive Director Fr Damian Fernando has visited the camps. He said, “We need to see an urgent improvement in the conditions in the camps. People in them don’t have the food, medical supplies, and the security they need. Although Caritas is able to provide food and other aid, we need to be able to operate with greater freedom so that all needs are met. Families must be reunited.

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