The economic crisis in Greece is strangling the country's hospitals, where budgets have been slashed by more than half. As a result, nearly all doctors in both public and private hospitals have seen their pay cut, delayed or even frozen.
"On top of that, we lack basic supplies to do our jobs," says Vangelis Papamichalis, a neurologist at the Regional Hospital of Serres in northern Greece and a member of the doctors union here. "We run out of surgical gloves, syringes, vials for blood samples and needles to sew stitches, among other things."
The advantages to making products in the U.S. are starting to stack up — and companies are taking notice. Among them are Apple, which announced Thursday it plans to start producing some of its Mac computers here instead of in China, and General Electric, which is making big investments at home.
Hurricane Sandy wrecked hundreds of thousands of cars all along the New York and New Jersey shorelines, and could cost auto insurers around $800 million. That's not their only problem; disposing of these water-damaged vehicles is not so simple.
If you have comprehensive coverage on a damaged car, the insurance company gives you a check and the car disappears from your life. But then what?
An empty container ship waited near the Port of Los Angeles during the eight-day strike by members of the International Longshore and Warehouse Union. The stoppage put a halt to most of the work at the Los Angeles and Long Beach ports.
Originally published on Tue December 11, 2012 3:04 pm
When clerical workers at the ports of Los Angeles and Long Beach reached an impasse in talks with management over job security last week, they took what has become something of a rare step: They went on strike.