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US News
Manmohan meets Obama at G20 summit
28 June 2010, TORONTO: Prime Minister Manmohan Singh and US President Barack Obama on Sunday held their second substantive dialogue in two months, during which they are understood to have discussed terrorism, global economy and other issues of mutual concern.
Singh and Obama met on the sidelines of the G20 Summit here and are believed to have discussed the situation in the region.
This was the the first meeting between the two leaders after they met and reviewed bilateral ties on the sidelines of the Nuclear Security Summit in Washington in April.
Manmohan rolls out red carpet for American investors
Nov 28 2009, Washington: Prime Minister Manmohan Singh made a vigorous pitch for attracting more American foreign investment in areas ranging from infrastructure to agriculture and green energy and underlined that no investor is more welcome in India than the investors from the US.
"India today is open for business in almost every sphere of economic activity," Manmohan Singh said after addressing the US India Business Council (USIBC).
End of an era, how GM Lost Its Way?
Timid management and coddled workers couldn't compete with Toyota.
Decades of dumb decisions helped send General Motors to a bankruptcy court yesterday, but one stands out. The year was 1998, and the United Auto Workers was striking at two factories in Flint, Mich., that made components critical to every GM assembly plant in the country. The union was defending production quotas that workers could fill in five or six hours, after which they would get overtime pay or just, you know, go home.
President’s Detention Plan Tests American Legal Tradition
Washington 23 May 2009: President Obama’s proposal for a new legal system in which terrorism suspects could be held in “prolonged detention” inside the United States without trial would be a departure from the way this country sees itself, as a place where people in the grip of the government either face criminal charges or walk free.
Still, the concept of preventive detention is at the very boundary of American law, and legal experts say any new plan for the imprisonment of terrorism suspects without trial would seem inevitably bound for the Supreme Court.
Indian American dream turn sour
H1-B visa Washington 13 Feb 2009: Nearly 100,000 skilled Indian workers' prospects of living the American dream may turn sour with the Congress barring firms that received bailout money from hiring foreigners through HI-B visa programme if they replace the US citizens.
Estimates suggest that there are 100,000 Indian nationals among the 163,000 from across the world that had applied for the skilled worker visa in FY2009.
US financial Mess, sufferings and pains!!
The part about the housing crash seems simple enough. With banks whispering sweet encouragement, people bought homes they couldn't afford, and now they are falling behind on their mortgages. But the overwhelming majority of homeowners are doing just fine. So how is it that a mess concentrated in one part of the mortgage business – subprime loans – has frozen the credit markets, sent stock markets gyrating, caused the collapse of Bear Stearns, left the economy on the brink of the worst recession in a generation and forced the Federal Reserve to take its boldest action since the Depression?
US Financial Crisis - bad to worse!!
15 Sep 20 08, New York: The US is in turmoil as some of Wall Street`s oldest and biggest firms are falling like ninepins. The real estate credit crunch in the US is threatening to become a full-blown financial crisis and the Federal Reserve is acting in full swing to avert any major collapse of the global financial system.
With the blessings of US Federal Reserve, either the financial biggies are being bailed out or they are taken over by their peers. The exception being Lehman Brothers who could not find a partner to infuse funds and eventually went bankrupt.
Yale to expand engagement with emergent India !
September 13, 2007 : Washington: Yale University, one of the Ivy League Universities in the United States, has joined hands with the Confederation of Indian Industry (CII) to celebrate ‘Incredible India campaign with an eye on expanded exchanges and partnerships with an emergent India.
Reflecting the growing American interest in India's emergence, the two organisations will present panels on "India 2050: A Grand Strategy for India Rising" and "Women and Global Leadership" in New York City Sep 24-25.
Indian American in top NJ post
New York, May 6 2006: Uttar Pradesh-born Ved Chaudhary, an Indian American agricultural engineer and management specialist, has been appointed assistant commissioner for finance and budget in the New Jersey Department of Environmental Protection (NJDEP).
A political appointment in New Jersey Governor Jon Corzine's administration, Chaudhary's responsibilities will include finance and budget, human resources, information resource management, occupational safety and health, general services and property management, audit, equal opportunity, and public records access.
Hailing from Etawah in India, Chaudhary came to the US in 1965 to do his masters degree in agricultural engineering from Rutgers University.
He worked in AT&T Bell Labs, ITT (Europe), Bell Communications Research (Bellcore) and Telcordia Technologies for more than 25 years. He has managed high profile projects in Europe, Africa and the Middle East apart from the US.
Chaudhary has also served as presidents of the Association for the Advancement of Asian Americans, the '80/20 Initiative' for equality and justice for Asian Americans (NJ Chapter), and the Indian American Forum for Political Education.
He is also the founder of the Hindu International Council Against Defamation, on the lines of the Jewish Anti-Defamation League, to take action against any misinformation or defamation of Hindu gods and rituals.The NJDEP appointment is being seen as recognition of Chaudhry's vast work experience in various sectors.
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