Word: fasters
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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...
...While labor prices drop in the U.S., they are probably dropping faster in countries like India and China. India's official unemployment 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...
There's not much hunt in it, though. If the agents sight a smuggler's boat, it's game over - the feds' boats are faster, their drivers better trained and their guns bigger, Hill explains. Typically the smugglers just surrender, as their cell phones and BlackBerrys fly overboard. "The first thing we'll see are little black things going 'splash, splash, splash,'" he says. Should boats escape notice on the water, overnight lookouts now stand watch at Torrey Pines Beach. "It's cat and mouse," Hill says. "We watch them. They watch...
...think we both did well,” Mills said. “For me, I learned some things that I really need to work on. I didn’t have quite the leg strength that I wanted to. Of course I would have loved to have gone faster, but it was a very solid, very good meet for me.”On Friday, Clarke took the day to rest while Mills competed in the 200-yard freestyle event. Out of a field of 64 athletes, Mills tied for 37th with Texas A&M swimmer Marissa Jasek with...
...options, especially as they struggle to maintain the president's priorities, which include more spending for education, health care and energy reform. They can pare back the spending plans, propose further tax increases, or hope that the CBO got the projections wrong and the economy does not deteriorate any faster than already expected. "I think it's easy to exaggerate fluctuations in the deficit projections, which are driven by small changes in underlying assumptions," Orszag told reporters. "I also recognize that despite that, the CBO numbers are going to be the basis for the budget resolution...