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Union in sentence

2117 examples of Union in a sentence

The United States is able to function, after a fashion, as a union of 50 states of very different economic size and political complexion.
This implies that transferring the majority of revenue-raising capacity to the regions would be a mistake for the UK, because doing so would give the country a banking union without a fiscal backstop.
The European Monetary Union acted as a powerful catalyst for European integration, rapidly bringing together 17 diverse economies in a single monetary union – but without fiscal solidarity, a way to enforce fiscal discipline, or an established lender of last resort.
Here, the EU summit in December was an important step forward in terms of deepening political union and strengthening governance among the eurozone’s member states.
The UK’s concern is understandable: evidence is mounting of the likely damage a departure from the single market and customs union will do to the UK economy.
Such a gulf within a monetary union cannot be sustained for very long.
There have been large structural shifts in the world economy (e.g., trade and financial globalization) as well as in individual economies (such as the decline in trade union power).
Europe’s Crisis Starts at HomeLONDON – Deep divisions within Europe are increasingly threatening the values upon which the European project of “ever closer union” is based.
These include measures to promote union rights in Vietnam and steps to crack down on human trafficking in Malaysia.
It would greatly facilitate the creation of an effective banking union, and it would allow member states to undertake their own structural reforms in a more benign environment.
Apart from that, the ineffectiveness of austerity in a country with a flexible exchange rate does not apply to the situation of a country in a currency union.
While the flexible exchange rate would sterilise all attempts at increasing competitiveness via deflation, price cuts in a currency union do work wonders, as the Irish example has shown.
Human Rights are Union RightsAre human rights related to trade union power?
During the 1990s union membership fell to less than 20% of workers in 48 out of 92 countries.
Membership has dropped sharply over the last quarter-century, and today less than one in ten private-sector American workers are union members.
For millions of workers, not to mention their bosses, union solidarity has become an antiquated or even alien concept.
In the contemporary American workplace, employers use their court-protected free-speech rights to spread millions of dollars worth of anti-union propaganda, to intimidate individual workers, and to persuade employees that joining a union would mean losing their jobs.
If workers are protected against sexual harassment by a state agency rather than by their union shop steward, the employee's rights will be adequately protected.
If it is legislation rather than a clause in a union contract that regulates health and safety conditions in the workplace, a factory's air will smell just as sweet.
One Big UnionPARIS – In the last few weeks, the idea of establishing a European banking union has become the latest remedy advanced as a solution to the long-running euro crisis.
But, whatever the merits of a banking union – and there are many – proposals to establish one raise more questions than can currently be answered.
The motivations of those who advocate a banking union differ markedly.
Taking their cue from the sacred Rome Treaty’s reference to “ever closer union,” the European Commission’s theologians view every crisis as an opportunity to advance their federalist agenda.
The European Central Bank has been more thoughtful, though no less enthusiastic, arguing that a banking union should have three objectives.
The European Commission has argued that a fully-fledged banking union would need to rest on four pillars: a single deposit protection scheme covering all EU (or eurozone) banks; a common resolution authority and common resolution fund, at least for systemically important and cross-border banks; a single European supervisor for the same banks; and a uniform rule book for prudential supervision of all banks in Europe.
The second unresolved question is how to achieve a banking union in legal terms.
So the likely outcome is that, in the EU’s time-honored fashion, the banking union will be constructed using existing powers, finessing the sovereignty question, and avoiding any reference to public opinion.
The final question is what such a eurozone banking union would mean for the single financial market, and especially for EU countries that are outside the single currency.
I suspect that a banking union of some kind will be implemented, and soon.
The euro’s design flaw – an economic union motivated by politics but expressed in economics – has become manifest.
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