In The News

Alex Wijeratna June 4, 2003
It is profits and not an altruistic desire to end world hunger that is behind the emergence of the genetically modified (GM) agriculture industry, argues Alex Wijeratna of the UK based international development agency, ActionAid. Wijeratna's essay adds to the US's concern over export restrictions on GM treated food from the US to countries in the European Union. Recently, US President...
Geof Wheelwright June 4, 2003
As private companies find themselves growing bigger and bigger, they also find that they now have to account for many extra functions – such as maintaining parking lots, managing cafeterias, etc. – that are not considered their "core" business. Outsourcing, according to this article, can allow personnel to focus on their core functions by letting outside firms take care of the non-...
Edward Alden June 4, 2003
Following the lead of many other American and British firms, the British insurance company, Prudential, is planning to export jobs from the UK to India. Outsourcing to low-cost offshore centers is saving companies billions of dollars a year, since it allows them to set up shop where labor is plentiful and cheap. Though company executives maintain that outsourcing merely follows economic law and...
Charubala Annuncio June 3, 2003
Preliminary work on the reconstruction of Iraq has begun, and firms from a variety of countries are already lined up for possible contracts. This article from Outlook India Magazine discusses the prospects for Indian companies hoping to get some of the lucrative sub-contracts in the reconstruction. Since the contract assignment process is mostly run by the Americans, the authors point out that...
Erika Kinetz June 1, 2003
The recent downturn in the US economy has had a devastating impact on the financial services, telecommunications, and media industries in New York City. In a New York Times feature article, Erika Kinetz offers stories of recent graduates of Queens College who hail from around the globe, and who, in spite of enviable grades and technical skills, remain unemployed. For these graduates, jobs are...
Katie Hafner May 30, 2003
The high technology sector in the United States is amongst the worst hit by the current recession. The recent outcry against the hiring of foreign workers – mostly from India – at comparatively lower wages exemplifies the severity of the crisis of unemployment in the high tech sector. The unemployed within the high tech sector, members of the US Congress. and certain special public interest...
Chris Floyd May 30, 2003
Indonesian President Megawati Sukarnoputri has been taking lessons from US President Bush, says this article in the Moscow Times. Megawati is using Bush’s anti-terrorist rhetoric and military actions in Afghanistan and Iraq to justify her bloody invasion of Aceh, a rebel territory she characterizes as terrorist-ridden. While her strong military stance has heightened her domestic popularity,...