Kerry's plan on outsourcing faces mixed reviews
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Kerry advocates eliminating "special tax breaks" for U.S. companies with overseas subsidiaries.
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WASHINGTON - Officials reacted warily to a proposal by key Republican senators to transfer the nation's major intelligence gathering from the CIA and the Pentagon to control by a new director.    The warmest response, in fact, came from the camp of Democratic presidential candidate John Kerry...
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(Xenia, Ohio-AP) Oct. 16, 2004 - Democratic presidential candidate John Kerry promises Ohio voters that he will work his hardest to generate new jobs to replace those that have been lost overseas.
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Democratic presidential candidate  John Kerry on Wednesday said President Bush's "vaguely stated"  and "hastily announced" plan to withdraw 70,000 troops overseas  came at the wrong time and was done in the wrong way.
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Close on the heels of the&#160;appreciation of the Indian rupee against the dollar, Indian outsourcing companies are grappling with a new problem -- uncertainty among U.S. companies about a recession has made these companies delay finalizing their IT budgets.As a result many large deals between U.S. clients and Indian outsourcers will not be finalized in the first half of this year, said Sudin Apte, senior analyst and country head for India at Forrester Research.Business will however pick up for Indian outsourcers by the fourth quarter, particularly if the U.S. economy is in mild recession, Apte said.&quot;Our experience is that if the IT budgets of U.S. customers are marginally impacted in a recession, then there is an increase in business offshore, to cut costs,&quot; Apte said. If the cuts are too large, whole projects can however get canned, he warned.The U.S. is the largest market for Indian outsourcers.&quot;We believe that the recessionary nature of today&#39;s economic climate will promote the adoption of increased outsourcing,&quot; said Siddharth Pai, a partner at outsourcing consultancy firm, Technology Partners International Inc. (TPI) in Houston, Texas.TPI does not as yet see a cut in either discretionary or non-discretionary spending on IT by companies.Forrester said Monday that the IT services and outsourcing market will increase by 4 percent this year to $162 billion from a growth rate of 6 percent a year earlier.&#160;The research firm forecast slowing growth this year&#160;for purchases of IT products and services in the U.S.National Association of Software and Service Companies (Nasscom), a trade organization in Delhi, however remains optimistic about the growth of India&#39;s outsourcing industry. The industry is optimistic of achieving its target of $60 billion in software and services exports by March, 2010, the association said Monday.In the fiscal year to March 31, the industry expects export revenues of $40.3 billion, up by 29 percent from export revenue in the previous year.Problems for India&#39;s outsourcing industry could get however compounded as its customers abroad have seen a drop in overall satisfaction and a drop in value for money from offshore outsourcing to India, according to a Forrester survey. India is still preferred as an offshore destination because it is the only country where foreign companies can&#160;hire staff in the thousands, Apte said.
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Many large companies have reaped the economic benefits of outsourcing in recent years. Karim Morsli is trying to make money bringing those same advantages to small and medium-sized businesses -- while also spurring economic growth in Africa.
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The decision to outsource and offshore is more complicated than just counting costs.
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Analyst says that the cost-effectiveness of outsourcing contact centers has not been broadly perfected.
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Democratic presidential candidate John Kerry criticized President Bush&#39;s proposal to recall up to 70,000 foreign troops Wednesday as a hastily announced plan that would raise more doubts about US intentions than it answered.
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Export revenue of a large number of Indian outsourcing companies was brought under the tax net in the country's federal budget. The tax could be the first of measures by the government to reduce tax benefits for the country's outsourcing industry.
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Democratic presidential candidate John Kerry supports an agreement negotiated by the Bush administration to relaunch long-stalled world trade talks and potentially slash billions of dollars in U.S. farm subsidies, campaign officials said on Wednesday.
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Democratic presidential candidate John Kerry has received the backing of leaders of the estimated seven-million-strong Muslim-American community, but the endorsement was lukewarm at best.
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The shipment of jobs overseas is one of the most pressing economic issues of the presidential campaign. Here are 10 key facts of the matter.
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Almost half of the IT execs responding to a new Meta survey expect offshoring to increase if George Bush wins reelection as president. [Offshoring Blog]
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Hitting President Bush on the issues of jobs and the war in Iraq, Democratic presidential candidate John Kerry is moving aggressively in the face of polls showing his candidacy lagging.    Campaigning in North Carolina, a state hurt by job losses, Kerry says he would end tax breaks for companies that outsource overseas...
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CINCINNATI - Democratic presidential candidate John Kerry on Wednesday criticized President Bush's proposal to recall up to 70,000 foreign troops as a hastily announced plan that raises more doubts about U.S. intentions than it answers...
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President Bush on Saturday ridiculed what he called the "Kerry doctrine" as a dangerous outsourcing of America's security, seeking to poke a hole in Sen. John Kerry's debate performance with what advisers see as his rival's biggest miscue.