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News Report 1

The International Labor Organization says the number of people without jobs is increasing. In its latest update on global employment trends, the agency says projections of the number of unemployed people this year range from 210 million to nearly 240 million people. The report warns that 200 million poor workers are at risk of joining the ranks of people living on less than 2 dollars per day in the past three years. The director general of the International Labor Organization Juan Somavia notes that some countries have taken measures to address the effects of the global crisis.

However, he points out that many countries have not done so. And based on past experiences, it takes four to five years after economic recovery for unemployment to return to pre-crisis levels. Mr. Somavia says the International Labor Organization is proposing a global jobs' agreement to deal with unemployment. 'It's key objective is to play so the center of recovery efforts, measures that would generate high levels of employment and provide basic social protection for the most vulnerable.'

Q1. What is the news report mainly about?

Q2. What does, Juan Somavia, the director general of the International Labor Organization say?

News Report 2

Big fast food chains in New York City have started to obey a first of its kind rule, requiring them to post calorie counts right on the menu. Cathy Nurses is with the New York City department of health, 'We wanted to give people an opportunity to actually see the calories before they purchased the food and make a decision and inform decision. That if they want to make their healthier choice, if they want to eat fewer calories they can. And we expect this will have a huge impact on obesity. And of course, if it has an impact on obesity, it will have an impact on diabetes and heart disease and high blood pressure. 'The new rules will introduce as a part of anti-obesity campaign. That also includes a recent citywide ban and artificial trans-fats in restaurant food. The menu roll only applies to restaurants that serve standardized potion sizes and have fifty more locations nationwide. Starting last Saturday, chains big enough to fall under the rule will face penalties about 2000 dollars for not showing calorie information in a prominent spot on their menus preferably next to the price.

Q3. What are big fast food chains in New York City require to do according to the new rule?

Q4. What would happen to big restaurant chains that violate the new rule?

News Report 3

Almost all companies recognize the importance of innovation today. But not many are able to integrate innovation into their business.

A commentary in the Shanghai Daily points out that innovation doesn't mean piles of documents. It is something more practical. The article says many people tend to assume that innovation just means creating something new, but actually it's more than that. It's an attitude of doing things. A company should find ways to innovate not just in products but also in functions, business models and processes.

The article cites the global giant Procter & Gamble as an example, saying a real innovative company should develop an innovation culture and use it as a primary tool for success. Procter & Gamble has a “Corporate Innovation Fund” which offers big rewards for high-risk ideas that succeed. It also has a special innovation facility for its employees. Sometimes its employees are released from their daily jobs for weeks and spend their time interacting in the innovation facility instead. In conclusion, the article says innovative ideas alone do not ensure success. It's pointless unless there is a repeatable process in place to turn inspiration into financial performance.

Q5. What is the problem with many companies according to the news report?

Q6. What do many people tend to think of innovation?

Q7. What does the company Procter & Gamble owe its success to?