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Union in sentence

2117 examples of Union in a sentence

Back when President Dwight D. Eisenhower’s cabinet nominee Charlie Wilson claimed that what was “good for America was good for General Motors – and vice versa,” GM included not just shareholders, executives, and financiers, but also suppliers and members of the United Auto Workers union.
Even in larger countries, the costs and benefits of membership in a currency union are under renewed consideration.
Colombia must also pass a law dictating prison terms for anyone who “offers a collective pact to non-union workers that is superior to terms for union workers.”
I saw it as the embodiment of an open society – an association of nation-states that gave up part of their sovereignty for the common good and formed a union dominated by no one nation or nationality.
The authorities are taking steps to correct their mistakes, especially with the decision to form a banking union and the outright monetary transactions program, which would allow unlimited intervention by the European Central Bank in the sovereign-bond market.
At the same time, the EU must advance its energy union, diversifying its oil and gas imports and lessening its dependence on Russia.
Perhaps a stronger fiscal union, a central ministry of finance, and debt sharing would reduce the difficulties and imbalances enough to allow the euro to survive.
The resulting political firestorm may well force Zuma to rely on core support from key allies within the country’s trade union movement and Communist Party, challenging the political elite’s pro-market consensus and provoking debate over the future of South Africa’s economic policy.
Critics repeatedly pointed out that the fundamental contradictions had not been resolved, and that if the euro was to survive in the long run, there would have to be a fiscal and banking union, which would require morepolitical unification than most Europeans are willing to accept.
This mechanism is not available in a monetary union such as the eurozone.
For this reason, it is simply not possible to run a currency union of separate countries without market discipline.
Monnet and Schuman argued that a political union similar to America’s would prevent the types of conflict that had caused three major European wars – an appealing idea, but one that overlooked America’s horrific Civil War.
A European political union could also make Europe a power comparable to the United States, and thereby give France, with its sophisticated foreign service, an important role in European and world affairs.
Germany resisted the euro, arguing that full political union should come first.
Since there was no chance that the other countries would accept political union, Germany’s position seemed like a technical maneuver to prevent the establishment of the single currency.
China’s problems arise mainly from widening income disparities, which are inciting hitherto unheard of levels of labor unrest – though this should not be viewed as a precursor to change of the sort that marked the rise of the Solidarity trade union and the end of communism in Poland.
His main proposal so far has been a “Eurasian Union” – an expanded version of the current customs union among Russia, Belarus, and Kazakhstan.
But let’s not wait: faced with predictions of the West’s relative decline, the US and the EU must commit themselves to more union, more cooperation, and more prosperity.
As a result, Germany has been reluctant to engage fully in the debate about a European banking union, owing to the belief that it would expose German taxpayers to major risks and unknown costs through bank restructuring and deposit insurance.
The main challenge to the euro’s long-term viability is the lack of political will to implement complementary policies, such as a banking union and a credible fiscal union.
Against this background, Chancellor Angela Merkel’s third government, once it is formed, must rid the country of the illusions that are preventing it from playing a proactive and constructive role in ensuring that Europe functions as a union.
Sweden and Norway were then tied together in a union.
Here, Europe acts as a union, and other countries like Japan and China play big roles.
But, despite these challenges, EU leaders will also have an opportunity to strengthen their battered union and reinforce its institutions.
Economists tend to agree that an “optimum currency union” requires such features as high labor mobility, shared fiscal oversight, and synchronized business cycles – none of which the eurozone has.
But if European leaders can strengthen the banking union, there is still hope for the eurozone’s future.
Political leaders were forced by global markets to take unpalatable steps to reinforce the monetary union, only to realize that one feature of the problem – bank and market interdependence – also pointed to a solution, and will likely drive more reforms.
Taking steps to integrate the banking union and European capital markets further may not be sufficient to ensure the euro’s long-term survival; but doing so is necessary.
Three New Lessons of the Euro CrisisWASHINGTON, DC – While some observers argue that the key lesson of the eurozone’s baptism by fire is that greater fiscal and banking integration are needed to sustain the currency union, many economists pointed this out even before the euro’s introduction in 1999.
The irony here is that the impetus toward currency union was partly a result of the recognition of asymmetries.
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