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Saab upgrading bid for Brazil FX-2 contest

ROME, March 14 (UPI) -- Transit workers in Italy went on strike Wednesday, stopping train, bus and subway service for four hours to protest the government's economic reforms.
The strike slowed or halted services in Rome, Milan and Naples, as thousands of transit workers walked off their jobs, ANSA reported Wednesday.
"The so-called 'Grow Italy' measure under discussion in Parliament contains even more liberalization, which in some cases has jumped into the privatization of some segments of transport," said Walter Volpi, a spokesman for the transportation union ORSA.
Labor reforms and privatization are part of Italian Premier Mario Monti's plans to restore the government to financial health, ANSA reported.
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BRUSSELS, May 22 (UPI) --
The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.
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SANTIAGO, Chile, May 21 (UPI) --
More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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