Word: costes
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...cost of labor in India, which was already below that in the U.S., is likely to be falling even faster than it is in the U.S. The outsourcing business in India has been hit with a sharp drop in demand, and the major Indian employers in the sector are doing poorly. (See pictures of ten things you should know about the Nano...
...rate is 8.2%, but is expected to rise throughout the balance of the year. IBM clearly arbitraged the joblessness in the U.S. and India as it made its decision about where to employ several thousand people. To put it crassly, IBM is looking for the equivalent of the lowest cost bidder...
...networks cut costs, they're less likely to make the next West Wing (or Knight Rider). But smaller shows survive that once wouldn't have lasted a season. Take NBC's finely detailed small-town drama Friday Night Lights, which draws as few as 4 million viewers a week. It was able to air a third season this year because NBC signed a cost-sharing deal with DirecTV - one of the very satellite providers that have helped atomize the audience...
...doubt, TV is changing, and fast. Free TV will become more cut-rate; quality will cost, as movies and books do. There will be more rarefied TV and more craptastic dreck. There will be less middle-of-the-road TV for everybody but more venues for telling stories that don't have to please 30 million people. The old networks (and the people who make shows for them) will struggle to make a buck, but new outlets will rise and thrive. ER will pass, but hospital dramas have birth stories as well as death stories. Broadcast TV may be flatlining...
...lost the vote, Barak, the diminutive ex-general and decorated war hero, would likely have been driven out as party leader, his political career at an end. This way Barak stays in power, and Labor will get the ministries of defense, agriculture, industry, trade and welfare. But the cost has been high. One respected columnist, Ben Caspit in Maariv, wrote, "The Labor Party signed its own death certificate...