Word: franzes
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...warned of job-cuts. Magna's bid outlined a plan to wind down production at GM's factory in Antwerp, Belgium, and shift some production from a Spanish plant to Germany. Magna executives have said that 10,000 jobs might be axed across Europe. Opel's union chief, Klaus Franz, welcomed news of the deal. "I'm pleased and I'm relieved but I'm not exactly euphoric," Franz told TIME. "I know that hard work lies ahead...
...June 11, with the final on July 11 in Johannesburg. South African winters are generally comfortable, but as this June's Confederations Cup showed, it can get frosty (28°?F, or -2°C) at night. Yet fans could be warmed by livelier games. Former German great Franz Beckenbauer has said, "The players like it. You can only play a fast game like this in the cool or cold weather." See pictures of Johannesburg preparing for the World...
...last year's Virgin Mobile Festival ran upwards of $100. This year, all 30,000 tickets were free. Call it a recession bonus from British billionaire and Virgin founder Richard Branson. The festival, held Aug. 30 at the Merriweather Post Pavilion outside of Baltimore, featured Blink-182, Weezer and Franz Ferdinand as headliners. Branson himself was on hand and talked to TIME about the project, the recession and Virgin's next improbable plan. (See TIME's 10 Questions video with Richard Branson...
...Merkel's biggest headache may come from Opel's workers, who are fighting mad over nine months of discussions that have produced little but more uncertainty about their jobs. "We have run out of patience," Klaus Franz, Opel's works council chief, said this week. "We have been calm so far, listened diligently and made comments, but that is over now. If nothing changes from General Motors' side by the end of this week, then we will be active, and there will definitely be spectacular measures from...
...that has claimed the lives of 35 German soldiers. At the memorial, senior Cabinet ministers went on the defensive, pledging that German soldiers would stay in Afghanistan. "We're in Afghanistan because we have to protect the security of German citizens in Germany," said Defense Minister Franz Josef Jung. But that message is hard to sell in Germany. A recent poll by the Forsa Institute found that 61% of Germans want their troops out of Afghanistan...