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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Globalization

Globalization stories: 7 news summaries

 China Loses Taste for Fast Food 

Chinese revert to cheaper, healthier options amid recession

(Newser) - The dollar menu thrives when times are tough in the US, but in China—where Western fast food is no bargain—the American chains are facing tough competition. Price is the main sticking point, but not the only one. "It's fast food," one diner in Shanghai told... More »

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China health McDonald's Pizza Hut fast food recession KFC Globalization

(Newser) - The success of High School Musical 3 proves that 293 million tweens can't be wrong. The series’ third installment debuted No. 1 in 19 international markets, confirming Disney's success with a strategy that marries the franchise’s universal themes to local cultures, Time reports. “You weave it together, forming... More »

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Walt Disney Co. cinema High School Musical Globalization High School Musical 3

analysis

 Outsourcing Still Alive and Well 

Rising costs of business are more powerful than 'backshoring' trned

(Newser) - Reports of the death of outsourcing have been greatly exaggerated, three specialists in the field write in strategy+business. While a few big companies such as Dell and Apple have scaled back on customer service operations overseas, these decisions remain the exception to the rule, no matter what you read in... More »

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outsourcing Globalization customer service offshoring backshoring backsourcing

OPINION

Views on the Meltdown
From Across the Pond

How Europe, but mostly England sees the crisis

(Newser) - The banking crisis isn’t limited to the US—it’s a cross-continental phenomenon. Here’s what the British press saying about the mood:
  • France and Germany are livid, reports Charles Wyplosz of the Financial Times. There, individualism isn’t seen as a virtue, and free markets
... More »

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Germany France England global economy credit market Globalization

 Global Trade Talks Collapse

Breakdown halts seven years of progress to hammer out deal

(Newser) - World Trade Organization talks to forge a new global trade pact collapsed yesterday after seven years of negotiations. An EU spokesman called the breakdown a "massive blow to the confidence in the global economy." The talks fell apart as China and India demanded the authortity to impose "... More »

House OKs Trade Deal
With Peru

Bill split Dems,
who defied wishes
of labor unions

(Newser) - Despite sharp criticism from labor leaders, environmentalists, and free-trade opponents, roughly half of House Democrats joined nearly all Republicans to pass a trade-liberalization agreement with Peru. Speaker Nancy Pelosi came out in favor of the deal, defying expectations that President Bush would find no friends for his trade policy in... More »

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Nancy Pelosi Peru Globalization congressional Democrats free trade George W. Bush

Indian 'Success Story' Funded by Migrants

Money mailed home makes possible Kerala's leftist showcase

(Newser) - The South Indian state of Kerala, long touted for achieving a high quality of life in the face of dire poverty, relies heavily on earnings sent from menial jobs abroad, the New York Times reports. Offered as a leftist alternative to market-driven development in poor nations, Kerala is famous for... More »

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India world economy Globalization Kerala migrant labor

7 Stories