Word: predicted
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...that, there are no reliable statistics about the extent of offshoring. A report last month by the United Nations Conference on Trade and Development (UNCTAD) said that while outsourcing business services is becoming a significant trend, most of it takes place domestically; only 1-2% is done internationally. Others predict a surge. Forrester in August forecast that Europe will lose 1.2 million jobs to offshore service providers by the year 2015. "The fact is that we are in the foothills of a revolution," says Stephen Green, chief executive of HSBC. Such estimates often overlook important nuances. For one thing...
...contrast is all oratorical flab--although he did begin to show some signs of life last week in a solid speech to the National Guard convention, in which he blasted Bush's "fantasy of spin" about Iraq. It is a powerful fantasy, though. And it is easy to predict Bush's response to any Kerry criticism about Iraq: "My opponent is too pessimistic," the President will say. "See, what he doesn't understand is that the President of the United States has to stand firm. We can't show weakness. And we won't on my watch." Unless Kerry...
...programs as mandated by University President Lawrence H. Summers, this is changing, and more Harvard undergrads are choosing to leave for at least a semester of classes in a faraway land. The consequences of this shift on Harvard’s reputation throughout the world will be tough to predict. But it is in all of our interests for Harvard’s new international emissaries to nurture the mystique surrounding Harvard from which I have so often unknowingly benefited...
...sorts of changes we are seeing are not just examples of the “move to the center” that government texts so assuredly predict in two party presidential systems like our own. The contradiction in this presidential election—Democrats favoring “muscular internationalism” Republicans preaching “Compassion”—reflects not merely the usual slide to the center, but a profound confusion in our country as a whole. Americans are stuck in a Blue State-Red State rut and profess a deep division over just about...
...define it as well as those who buy it. Today, despite the general state of unrest in the world, the global luxury-goods business is booming--up 27.7% in the U.S. and 56.2% in Hong Kong in the first five months of this year. Although it's hard to predict how long the boom will last, most analysts agree that where the stock market goes, so goes luxury spending. As Neiman Marcus president and CEO Karen Katz points out, "The last time there was an election, it threw us all into a tizzy." Even with a recently lackluster market, people...