| The New Monsoon |
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| April 2005 |
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| Congressman Davis Greeted by Tamil Americans Congressman Danny K Davis arrived at Washington Dulles International Airport today morning (April 5, 2005, United Airlines 923, 11:25 AM) after his visit to Tsunami-affected areas in Sri Lanka. He was received at the airport by members of the Tamil community in the Washington area. One placard read "Thank You and Welcome Back US Congressman Danny K Davis." |
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| The Fight to End Poverty [NPR Audio] Economist Jeffrey Sachs wants to end global poverty. He says simple measures -- like a mass distribution of mosquito nets -- could have a huge impact. We host a conversation with Sachs about a blueprint for a more prosperous world. Guest: Jeffrey Sachs, director, Earth Institute at Columbia University; author of The End of Poverty: Economic Possibilities for Our Time Book Excerpt The path from poverty to development has come incredibly fast in the span of human history. Two hundred years ago, the idea that we could potentially achieve the end of poverty would have been unimaginable. Just about everybody was poor with the exception of a very small minority of royals and landed gentry. |
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| India's Knowledge Economy [Yale Global] Guy de Jonquières The Financial Times, 29 March 2005 There are still people out there, it seems, who think India's outsourcing industry is just a bunch of poorly paid clerks with PhDs doing mind-numbing drudgework. Until recently, one of them was the senior US insurance executive who visited the business processing arm of Wipro, India's third largest software and services company. He was soon disabused by his hosts. What they showed him was a virtual back office staffed by insurance specialists equipped to handle a full range of tasks, from receiving claims to adjudicating them up to a value of £500,000 ($931,000). "We understand everything!" Raman Roy, head of the Wipro division, told his visitor. He immediately clinched a contract. Another myth is shattered by a stroll around the modern campus-style headquarters in Bangalore of companies such as Wipro and Infosys, where corporate customers' global information networks are managed round the clock from Nasa-like control rooms. If these are sweatshops, the Ritz hotel is a doss-house. Even judged by the blistering speed of information technology industry change, India's achievement is astonishing. In barely a decade, it has created a business with more than 800,000 employees and annual sales close to $20bn, almost all exports. The corporate names on the welcome boards at Bangalore reception desks read like the Fortune 500. And that, industry leaders say, is only the start. Mr Roy foresees continuing annual growth of 50 per cent or more and a trebling of business processing jobs to 1.2m by 2008. Meanwhile, Azim Premji, Wipro's chairman, aims to boost software productivity and slash development times by applying techniques pioneered by Toyota in manufacturing. The larger companies are already plotting their next leap: to evolve from sub-contractors into strategic partners, sharing risks with customers. Many are busy hiring consultants with experience in target industries including banking, healthcare and telecommunications. The goal, says Mr Roy, is to "suck out knowledge" from customers, to serve them better. Wipro's IT development centre is an example of how much further outsourcing of what were once core activities can go. It does much of the vital circuit design for consumer electronics manufacturers. They say what they want new products to do; the centre ensures they do it. India's ambitions seem to know no bounds. But these companies still face hurdles. One is building customer trust. Despite the IT companies' proved competence and reliability, they lack the brand recognition and market presence of an IBM or an Accenture, which means that they must compete heavily on price. They must also manage increasing complexity and scale, while keeping footloose employees loyal. Intensifying competition for skilled labour makes that harder. Demand for engineering graduates may soon strain even India's capacity to produce them. The hunt for talent is already spreading to China and other parts of Asia. |
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| Winners and losers in textile shake-up [BBC News] Indian textile firms made big initial gains in the quota-less world The end of country quotas on textile exports marks one of the most major events of the world economy - one that can cause tectonic shifts in the global business landscape. The Multi-Fibre Agreement (MFA), under which these quotas were organised, was put in place in 1974 to protect the textile industries in the US and Europe. The MFA expired in 1994, but the quotas were continued and managed by the World Trade Organisation with the understanding that they would be terminated at the start of 2005. That has happened now and the winds of change are palpable. |
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| Israel migrant workers' raw deal [The Hindu] Each year thousands of foreign workers are invited to Israel, lured by the promise of good jobs and a new life. The reality is grimly different. CHEN AND Wang sit in their solicitor's office in Ramat Gan, Israel. They are dressed in their best clothes but look worn and crumpled. The two Chinese men are used to sitting indoors, waiting and hiding. They are each in debt to the tune of $10,000, the money they paid for a permit for manual work in the Israeli construction industry. They came to Israel in July 2004, but there was nobody waiting for them at the airport as had been promised. Their permits, made out for the catering industry, did not allow them to work. Chen, 51, and Wang, 44, both support wives and children in China, as well as parents, parents-in-law, brothers and sisters. "I am missing my family. I don't know when I will see them again," says Wang. "I can't go home because I don't have money. It's a mess, a mess. I want a job, that's all." |
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| A silent killer of rural women [BBC News] Rural women breathe in the equivalent to 20 cigarettes a day, researchers say; Pictures: Sudipto Das/Con Images Maksudum Bibi, a housewife from the village of Abdalpur north of Calcutta, coughs furiously and is almost in tears as she lights up her traditional cooking stove. Known locally as chula, the stove uses firewood or cakes made of cow-dung for fuel. "I am unable to breathe properly whenever I use the chula," she says. "But I have been using it for over 20 years. It is the only thing I have with which to cook". |
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| Close bonds [The Hindu] The experiment of Jewish social life in the U.S. is an excellent instance of how a community has maintained its identity and also taken care of individual members in the age of globalisation. Strolling through the streets of Manhattan, one inevitably comes across members of the Jewish community. The attire of its male members, with their black skullcaps, is the strong symbol of the community's identity. It has become a cliché that the famous Jewish lobby wields considerable influence in the United States' economic, political and foreign policy. But its success story, according to members of the community is due to its strong knit society, which provides a strong social back up for building a resourceful human capital. |
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| Scientists issue malaria warning [BBC News] At least 500 million cases of malaria occur each year - nearly 50% more than estimated by the World Health Organisation (WHO), health experts say. The findings of an international team of specialists in tropical medicine were published in the journal Nature. The experts pointed out that the WHO relied heavily on clinical reports of the disease for its statistics, but many sufferers did not seek treatment. They voiced particular concern over the situation in south and South East Asia. |
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| Muslim American: A new identity? [BBC News] Islam is one of the fastest growing religions in the US, yet one in four Americans regard Muslims living among them with suspicion. What does it mean to be both Muslim and American? Touring the US with his band Junoon, rock star and Muslim American, Salman Ahmed, wanted to find out how the aftermath of 9/11 continues to shape the lives of Muslim Americans in 2005. "Following the attack," he says, "there were human rights abuses against Muslims, using immigration violations as a weapon. Thousands have been detained and others deported." |
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| An enthralling presence [Frontiline] Venezuelan President Hugo Chavez, on a four-day state visit, conquers Indian hearts. IT was a visit many Indians were eagerly looking forward to. Venezuelan President Hugo Chavez's reputation as a radical had preceded him and he did not disappoint his countless admirers in New Delhi, Kolkata and Bangalore. His visit was unlike one by any other foreign dignitary. Here was a statesman and a revolutionary who just wanted to mingle with the people. Chavez's communication skill was on full display during his interaction with students, peasants and people from all walks of life during his hectic four-day state visit to India. |
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