Archive for June, 2008
The world prefers Obama. Do you?
Monday, June 30th, 2008http://news.bbc.co.uk/2/hi/americas/7606100.st
People outside the US would prefer Barack Obama to become US president ahead of John McCain, a BBC World Service poll suggests.
Democrat Mr Obama was favoured by a four-to-one margin across the 22,500 people polled in 22 countries.
In 17 countries, the most common view was that US relations with the rest of the world would improve under Mr Obama.
If Republican Mr McCain were elected, the most common view was that relations would remain about the same.
The poll was conducted before the Democratic and Republican parties held their conventions and before the headline-grabbing nomination of Sarah Palin as Mr McCain’s running mate.
BBC diplomatic correspondent Jonathan Marcus says the results could therefore be a reflection of the greater media focus on Mr Obama as he competed for the presidential candidacy against Hillary Clinton.
Pie chart
The margin of those in favour of Mr Obama winning November’s US election ranged from 9% in India to 82% in Kenya, which is the birthplace of the Illinois senator’s father.
On average 49% preferred Mr Obama to 12% in favour of Mr McCain. Nearly four in 10 of those polled did not take a view.
On average 46% thought US relations with the world would improve with Mr Obama in the White House, 22% that ties would stay the same, while seven per cent expected relations to worsen.
Only 20% thought ties would get better if Mr McCain were in the Oval Office.
The expectation that a McCain presidency would improve US relations with the world was the most common view, by a modest margin, only in China, India and Nigeria.
But across the board, the largest number - 37% - thought relations under a president McCain would stay the same, while 16% expected them to deteriorate.
In no country did most people think that a McCain presidency would worsen relations.
Sen John McCain in Sterling Heights, Michigan, on 5 September 2008
Some 30% of Americans expected relations to improve under Mr McCain
Oddly, in Turkey more people thought US relations would worsen with an Obama presidency than under Mr McCain, even though most Turks polled preferred Mr Obama to win.
In Egypt, Lebanon, Russia and Singapore, the predominant expectation was that relations would remain the same if Mr Obama won the election.
The countries most optimistic that an Obama presidency would improve ties were US Nato allies - Canada (69%), Italy (64%), France (62%), Germany (61%), and the UK (54%) - as well as Australia (62%), along with Kenya (87%) and Nigeria (71%).
When asked whether the election as president of the African-American Mr Obama would “fundamentally change” their perception of the US, 46% said it would while 27% said it would not.
SEE FULL POLL RESULTS
BBC World Service US election poll [1.7MB]
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The US public was polled separately and Americans also believed an Obama presidency would improve US ties with the world more than a McCain presidency.
Forty-six per cent of Americans expected relations to get better if Mr Obama were elected and 30% if Mr McCain won the White House.
A similar poll conducted for BBC World Service ahead of the 2004 US presidential election found most countries would have preferred to see Democratic nominee John Kerry beat the incumbent George W Bush.
At the time, the Philippines, Nigeria and Poland were among the few countries to favour Mr Bush’s re-election. All three now favour Mr Obama over Mr McCain.
In total 22,531 citizens were polled in Australia, Brazil, Canada, China, Egypt, France, Germany, India, Indonesia, Italy, Kenya, Lebanon, Mexico, Nigeria, Panama, the Philippines, Poland, Russia, Singapore, Turkey, the UAE and the UK. A parallel survey was conducted with 1,000 US adults.
LEWTER
Midland to Rochester?
Saturday, June 28th, 2008does anybody here live in sterling heights MI?
Thursday, June 26th, 2008Is Daimler Selling Chrysler?
Sunday, June 22nd, 2008Dieter Zetsche, the DaimlerChrysler chairman, was once called the merger champion. He shocked the auto industry last Wednesday when he declined to rule out selling Chrysler, the Auburn Hills-based unit. On that day, Zetsche announced 13,000 job cuts, including about 5,300 in Michigan. This situation poses a huge question about Chrysler’s future. Is Daimler about to let go of Chrysler?
“Our thinking does not exclude any options. This means all options are on the table,” Zetsche told reporters when asked about the possible selling of Chrysler. German media appeared delighted at the statement.
DaimlerChrysler shares increased by $5.33 or 8.3 percent to a total of $69.78. No further details could be given said Zetsche who spent five years running the Chrysler Group before becoming DaimlerChrysler’s chief last year. In July, during the launch of his “Dr. Z” ads Zetsche said that the two companies should not have merged in 1998. “The merger is not an issue going forward anymore,” he added.
In 2006, Chrysler reported profits and gaining a larger slice in the American market share. However, the company has to deal with growing inventories and a slump in vehicle demand. Along with the announcement of its restructure plan last Wednesday, the company also posted an operating loss amounting to $1.5 billion for 2006.
The turnaround plan, which was previously called Project X, is expected to alleviate Chrysler’s ailing standing in the industry. It is supposed to allow the company to profit by the year 2008. Daimler’s executives expect for a $4.5-billion improvement by 2009 to an operating profit of $3 billion. The said turnaround plan will cut the company’s workforce by 16 percent including 11,000 hourly jobs and 2,000 salaried jobs. The cut in workforce will significantly affect metro Detroit.
Canada operations of the automaker will be slashing 2,000 jobs. However, special retirement programs and termination or buyout packages will only be offered to selected areas of Chrysler. The across-the-board packages offered by General Motors Corp. and the Ford Motor Co. in their respective restructuring plans will not be offered by Chrysler. “Hourly workers should learn the details within three or four weeks and salaried workers in the next business quarter,” the company said.
The Warren Truck Plant, the Chrysler plant that produces Dodge Ram pickups, will lose a shift and about 1,000 workers. An assembly plant in Delaware will lose a shift and will be idled in 2009. A Cleveland parts distribution center will be closed this December. In addition, a shift will also be reduced at the St. Louis South Assembly plant. Chrysler said it hopes to reduce production capacity by 400,000.
Even before Wednesday, the tension is building up in Chrysler plants. “Something had to be done, obviously,” said Matt Davidson, 49, of Clinton Township. He works at the Warren Truck facility. “All in all, we knew it had to happen. It wasn’t a surprise.” Carmen Walker, 39, of Sterling Heights, a first-shift floater on the assembly line at Warren Truck, said people cried when they were told. “It’s sad ’cause it’s all they know.” Many automotive workers are on almost on the same plight. Those working on Volvo S60 parts could be on the same footing as those working on Dodge Ram auto parts.
The company also said it wants to reduce material costs by $1.5 billion over three years and explore the sale of support operations. The restructuring plan is expected to cost the company $1.3 billion. Reduced production, on the other hand, is expected to cost about $300 million.
But Ron Harbour of Harbour Consulting said Zetsche’s comments does not necessarily mean Chrysler is for sale. “He has a duty to not only the board but all of the shareholders to make sure that as they make strategic decisions, that they’ve exhausted all options,” he said. “Don’t jump to the conclusion that… Chrysler is going to be sold.”
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