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August 2009 / Vol. 1, No. 3

Reconstructing the World Economic Order Brick by BRIC

Tuesday, August 11, 2009

Brazil, Russia, India and China, also known by the group name BRIC, have been in the news quite frequently as of late. But, why not? The four countries have just had their first-ever heads of state summit meeting and seem like they may be the first economies to crawl out of the current economic mess. The United States and the rest of the world must be watching to see if they can hold together their loose interests long enough to rearrange the current order of the world's financial hierarchy. The following is an examination of the brief history of BRIC and where it may or may not be headed and which country will be the world economic leader when all is said and done. 

The acronym "BRIC" was first allegedly coined in a thesis by Goldman Sachs investment bank to lump together the rapidly growing economies of Brazil, Russia, India and China. The crux of the paper, which was published in 2003, dropped the bombshell of a statement that by their estimates, the rapidly developing BRIC nations' economies would surpass those of the current world's richest by 2050. Reason being, it was viewed that the BRIC nations had such large economic potential that they would be able to become the world's largest economies within five decades. The paper also predicted that the nations would also make-up around 40 percent of the world's entire population by that time. 

China Plays Fast and Loose with Online Game Rights

Saturday, August 15, 2009

Gaming headlines were buzzing in Seoul in July, and it wasn't good for China. Webzen, the Korea-based publisher of the mid-size online game Mu, was a little upset with its Chinese partner company The9, which had been distributing Mu in China. The9 announced that it will reveal its newest game, Mu X, which it has been claiming is Mu's sequel.

A Budget for the Masses: India Goes for the Aam Admi (Common Man)

Saturday, August 15, 2009

At a time when the struggling global economy is gasping for air following a recession that was sparked by the home mortgage loan crisis in the U.S., India's Finance Minister Pranab Mukherjee presented the Union budget on July 6.

The Carbon Rush Is Here

Tuesday, August 11, 2009

Throughout history there have been gold rushes, silver rushes, oil rushes and even diamond rushes. Now, it seems, the carbon rush is coming. In the 21st century, carbon has become the new gold. As gold seekers once rushed to California, South Africa and Australia to seek their fortunes, emissions trading attracts almost all nations - the rich and the poor, the developed and the underdeveloped.

Commoditization of Connectivity

Saturday, August 15, 2009

If there is a success story in the 60 years of independence that has metamorphosed India onto the world stage and has benefited the common man, knowledge based services and the elite of society, it is the fourth dimension of transportation TELECOM; after Land, Sea and Air.  

Not only is telecom connectivity an important part of the effort to upgrade the national infrastructure, but it is also required to establish India on the global map.

Interview: Doug Mow, Senior Vice President – Marketing, Virtusa Corporation

Saturday, August 15, 2009

"We have recently started exploring the Indian Market and believe our strong value proposition will address many of the IT challenges and issues Indian enterprises are facing today."

The following is an interview between Asia-Pacific Business and Technology Report and Doug Mow, senior vice president for marketing at Virtusa Corporation.

Question: Please tell us about Virtusa India's activities.

USA—China and the Uighur Question

Saturday, August 15, 2009

The secret plotting of American civilian agencies and military forces in the name of democracy and freedom has deep roots in U.S. history. It may be pointless to hark back to the Spanish-American war, the defeat of the Spanish in Cuba and the Philippines in 1898, the suppression of "the Philippine insurrection" and the rise of an American colonial government in Manila.

Interactive Learning and its Use in Asian Educational Institutions

Saturday, August 15, 2009

In Asian countries, the education system has in the past focused mainly on passive learning. In passive learning, children understand concepts by listening to the teacher's instructions. The teacher uses the blackboard to explain his or her concepts. Children have to follow the example and the information given by the teacher to understand the given subject.

The Increasing Domain of Mobile Telephony in India

Saturday, August 15, 2009

Mobile telephony, which started nearly 15 years ago in India, has revolutionized the communication landscape in the country and has permeated various segments of everyday life for its citizens. The importance of mobile in everyone's life has undergone a paradigm shift.

Cyber Attack All Bark, No Bite

Saturday, August 15, 2009

It was a perfect storm of drama.  On the very day when the most powerful nation on earth celebrated its foundations, an anonymous, mysterious force began to attack it and its Asian ally through the Internet, the very communications network which it had invented.  The aggressor had vast resources, was completely unidentifiable, and attacked over 30 different targets with a power that had not yet been seen.  Computers from 16 different countries were involved in the massive storm of nonsense data, disrupting critical operations of the public-facing web pages of such entities as 20-odd government agencies, four banks, Amazon.com, the Korean Grand National Party, and U.S. Auctions Live.  Wait, U.S. Auctions Live?  Who are they?

That is the beginning of the highlight of what actually happened in the first half of July - nothing much really.  In order to put this into further perspective, the web site of the United States Department of Transportation was down for several days.  Yes, it's true, for almost an entire week no one was able to read the announcement of their 2010 fiscal year budget or access the Fast Lane, the official blog of the U.S. Secretary of Transportation.  The undiluted fury of the cyber attackers knew no mercy.

Domestic BPO in India: Trends and Challenges

Saturday, August 15, 2009

A new study from Ernst & Young casts the light on different aspects of domestic business process outsourcing (BPO). The study reveals that domestic BPO outpaced the overall BPO services market by growing at a compounded annual rate (CAGR) of 50 percent over the last five years.

Taking the Economic Challenges Head on: India Spends for Its Masses

Saturday, August 15, 2009

The second inning under Indian Premier Manmohan Singh gave Union Finance Minister Pranab Mukherjee the first opportunity to present his budget, and with his experienced decision, he proved that he will go a long way.

RF Spectrum – A Precious Natural Resource and its Efficient Use by All

Saturday, August 15, 2009

The Radio Frequency (RF) spectrum is a limited natural resource. The set of radio frequencies is called the 'RF spectrum.' Theoretically the RF spectrum extends from 9 KHz to 3000 GHz. However, the limitation of the RF spectrum comes from a few critical factors. First of all, various radio frequencies have different propagation characteristics, and hence, their suitability for different types of requirements.

The Weller Side of Life

Sunday, August 16, 2009

Every so often a new “healthy living” trend will come along and sweep people up in a frenzy. While most of these fads die a rather rapid death, some manage to stick around because of the hard work of marketing geniuses.

Mobile Phones: Changing Lives Across Asia

Saturday, August 15, 2009

Mobile phones are not just communication devices for Asians who now the handsets as a revolutionary product that has enabled them to grow economically. This is a feeling that is experienced by not just people who work in Asian metropolitan areas, but also by those who live in the region's rural areas. The latest mobile phone models provide features that make the device easy to use.

University of Texas Tech-Transfer IC² Institute Plans Future Office in Daejeon, Korea

Wednesday, August 26, 2009

The famed incubation and technology transfer experts of IC² Institute at the University of Texas, Austin, sent a team to tour Daejeon Metropolitan City and the Daedeok Innopolis research cluster on Thursday, August 6. The team consulted with entrepreneurs and visited city hall to meet with Mayor Park Seoung-hyo and to sign a three-way memorandum of agreement between Daejeon Metropolitan City, Daedeok Innopolis and IC² Institute that lays the groundwork for an IC² Institute office in Daejeon in the new Daedeok Innopolis Business Hub (slated to open in October, 2009).

Technology’s Daedeok Valley to be Site of Commercialization Hub

Thursday, August 27, 2009

Daedeok Innopolis, the administrative headquarters for the science and technology research cluster in Korea's famed Daedeok Valley, will open its Daedeok Business Hub Center in November, 2009. This step is part of a push to truly internationalize commercialization and technology transfer activities.

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