In The News

Argentina Stuck on the Periphery of a Globalized World

Jean-Pierre Lehmann February 20, 2004
Although once renowned for its prosperity and rich culture, Argentina has seen its fortunes decline as it suffered authoritarian rulers throughout the 20th century. Democratic strides in the 1980s and 1990s did not bring success, either - the "liberal" leaders of those two decades implemented free-market policies that many blame for Argentina's current economic woes. Yet...

Google Adds 1 Billion Pages to Stay Ahead

February 19, 2004
Google, the popular internet search engine, has added a billion pages to remain competitive. It currently hosts 35% of all internet searches. But Yahoo and MSN are clipping at Google's heels and hope to overtake it as the leading search engine. Part of Google's success lies in its proprietary algorithm that aids and ranks search requests. In a race for superiority, both Yahoo and...

Indian Doctors Help Fill US Health Care Needs

Steve Raymer February 16, 2004
In the US, Indians and Indian-Americans make up the largest non-Caucasian segment of the American medical community, where they account for one in every 20 practicing doctors. In recent years, they have become a more vocal and visible presence, undertaking charitable activities and political lobbying. But in spite of their community's past success, many Indians are now having difficulties...

Grassley, Others Rip Bush Official's Pro-Outsourcing Remark

Margaret K. Collins February 12, 2004
The Bush administration's chief economist came under fire this week for testifying that the movement of American jobs overseas will benefit the economy. Lawmakers from states affected by the outsourcing trend were quick to criticize President Bush for the "insensitive" remarks of economic advisor Gregory Mankiw, which came at a time when many Americans are worried about losing...

Still Waiting For The President's `Humble' Foreign Policy

Gustav Ranis February 12, 2004
"The world's only superpower now looks vulnerable," says Gustav Ranis, Professor of International Economics and director of the Yale Center for International and Area Studies, Yale University. The US is at a stage where it has no "clear exit strategy" from the foreign policy muddle it has gotten into by taking a unilateral stand on Afghanistan, Iraq, and Al-Qaeda. Ranis...

'Offshoring' Has Its Trade-Offs

Steven Pearlstein February 11, 2004
The offshoring of US jobs is becoming a hot topic in political and economic debates. Earlier this week, President Bush's top economic advisor, Greg Mankiw, weighed in on the controversy by claiming that the offshoring of service jobs - like software design - to India and other countries can only make US businesses stronger. But that's not necessarily the case, says Steven Pearlstein...

U.S. Set to Get Tougher on Cuba

Nancy San Martin February 10, 2004
As part of its ongoing battle to isolate the communist regime of Fidel Castro, the United States plans to crack down on companies and people that do business with Cuba in contravention of US law. The US Treasury Department has identified ten Cuban companies that have helped US citizens travel to Cuba without the proper licenses as well as deliver goods via the Internet. At the urging of the White...