The word deutsch meant “belonging to the people”. And until recently the word for “people”, Volk, had an ethnic rather than a civic connotation. To this day its adjective, völkisch, retains ugly racist associations with the Nazis. All this will be buried in 2016
What looked like a cunning ambush when Porsche first announced its stake in Volkswagen in September 2005 has turned into a wearying slog, due to a change in the political Zeitgeist and worries that Porsche cannot manage a growing mountain of debt in such uncertain times.
Go to Article from The New York Times»
The whole world is crashing. That's essentially the message of the Washington Post's lead story that takes a look at how markets plunged around the world yesterday amidst signs that are making it seem increasingly clear that no one is going to survive the economic crisis unscathed.
Former VW works council leader jailed for 33 months
The former head of the Volkswagen works council has been sentenced to
two years and nine months in prison for his role in a major corruption
scandal at the carmaker in 2005. A German court convicted Klaus Volkert
of incitement to breach of trust, which involved getting illegal
privileges such as free trips overseas and visits with prostitutes. The
other defendent in the case, former Volkswagen personnel manager Klaus-
Joachim Gebauer, received a suspended prison term of one year. The
trial was part of a probe into claims that managers at Volkswagen
bribed labour leaders in exchange for favourable votes on policy.
A works council is a "shop-floor" organization representing workers, which functions as local/firm-level complement to national labour negotiations. Works councils exist with different names in a variety of related forms in a number of European countries, including Germany (Betriebsrat), the Netherlands and Belgium (Ondernemingsraad), France (Comité d'Entreprise), Belgium (Conseil d'Entreprise) and Spain (Comité de empresa).
One of the most commonly-examined (and arguably most successful) implementations of these institutions is found in Germany . The model is basically as follows: general labour agreements are made at the national level by national unions (e.g. IG Metall) and national employer associations (e.g. Gesamtmetall), and local plants and firms then meet with works councils to adjust these national agreements to local circumstances.
unscathed Show phoneticsadjective [after verb]
without injuries or damage being caused:
Her husband died in the accident but she, amazingly, escaped unscathed.
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