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...outsourcing may be making a big comeback as word leaked that IBM (IBM) would cut about 5,000 jobs in the U.S. and move the work to India. This may be the beginning of a new wave of exporting of American jobs to developing countries which have large pools of well-educated workers...

Author: /time Magazine | Title: IBM and the Rebirth of Outsourcing | 3/26/2009 | See Source »

...fact, there are two cyclic waves in American history: one for politics and the general national spirit, the other for economic growth and contraction. Think of the two wave systems as running along the same timeline but perpendicular to each other - politics on the horizontal, weaving left to right; economics on the vertical, weaving up and down. Each affects the other, but unpredictably. A political or economic era can be as brief as 10 years or as long as a quarter-century, but the politics and economics don't move obviously in sync. Prosperity, for instance, can reinforce the "natural...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...Obama holds his first meeting with the leader of one of America's closest allies on March 24, a man whose climb to power in many ways mirrors his own. Like Obama, Australian Prime Minister Kevin Rudd beat an older, more conservative rival to lead his country, riding a wave of opposition to the Iraq War and support for more action on issues such as health care and climate change. Both men are intellectuals from modest backgrounds, they lost fathers to car accidents at young ages, and a series of international crises are filling both their inboxes. Two of those...

Author: /time Magazine | Title: Australian Prime Minister Kevin Rudd | 3/24/2009 | See Source »

...white—hair shaped in a severe, down-to-business bob, and a raspy voice characteristic of the French, Agnès Varda is impossible to miss. Besides the fact that she is essentially the only famous female filmmaker to have emerged during the French New Wave in the 1960s—an aesthetic turning point in the history of film when naturalistic settings and real-life plot lines challenged traditional, cheesy Hollywood conventions—Varda is a powerhouse.Varda was celebrated at the Harvard Film Archive’s retrospective, “Ciné-Varda...

Author: By Mia P. Walker, CRIMSON STAFF WRITER | Title: Varda Brings Life to Oeuvres | 3/20/2009 | See Source »

...trade that works well for Anglesea and many like him. After all, time is money, and community-minded individuals may be happy to give whichever of the two they are better able to spare. But the time-money swap, which is washing over the charity world like a tidal wave during this recession, poses stiff challenges for nonprofits. They can't pay the rent with volunteer hours. One in two nonprofits says its funding has fallen, according to "The Quiet Crisis," a new report by Civic Enterprises, a social-issues think tank. When the economy was this rotten...

Author: /time Magazine | Title: Nonprofit Squeeze: Donations Down, Volunteers Up | 3/19/2009 | See Source »

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