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...Yet these hurdles are steadily being overcome. Since opening its first emerging-markets operations centers in China and Uruguay in 2002, TCS's annual revenues from Latin America, the Middle East and the Asia-Pacific region have surged from $160 million to $1.2 billion, or about 20% of total sales. "The investments we've made in emerging markets have all reached a critical size," says TCS's Chandrasekaran. TCS discovered that its expansion has opened up new opportunities to lure business from international clients. After struggling to convince Spanish companies to outsource to India, TCS found them much more comfortable...
...Towers of Babel What is the difference between Saudi Arabia banning churches with bell towers and Switzerland banning minarets [Dec. 14]? The Swiss are accused of discrimination, yet Saudi Arabia is not. Aren't these decisions a gift to extremism and intolerance? And why does the media condemn the Swiss but not mention the Saudi ban? Make up your minds: Which is more extreme, Islamic or Christian culture? Gerhard Heinzelmann Gravesend, England...
Towers of Babel What is the difference between Saudi Arabia banning churches with bell towers and Switzerland banning minarets [Dec. 14]? The Swiss are accused of discrimination, yet Saudi Arabia is not. Aren't these decisions a gift to extremism and intolerance? And why does the media condemn the Swiss but not mention the Saudi ban? Make up your minds: Which is more extreme, Islamic or Christian culture? Gerhard Heinzelmann, GRAVESEND, ENGLAND...
This is nonsense. Africa is not a country. The distance between Paris and Kosovo is about half that between Cape Town and Cabinda, yet no one thought the war in the Balkans made the 1998 World Cup in France unsafe. South Africa has security problems, yes, but rebel groups are not one of them. As an exasperated Danny Jordaan, South Africa's chief tournament organizer, said, "We urge the world not to play double standards. When a terrorist incident happens in any European country, no other European country is linked...
...After a case of mad cow disease was discovered in Washington state in 2003, 65 nations imposed partial or full bans on U.S. beef, plunging the American beef industry's exports down by over 75%. Those numbers have yet to recover to their 2003 level of over 1.2 million metric tons, even as nations have softened their positions. Japan, the U.S.'s biggest export market, along with Hong Kong, Taiwan and other countries retrenched slightly in 2006, instituting new, partials ban on beef parts thought to be prone to potential infection. South Korea lifted its U.S. beef...