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Businesses

Obama Says Offshoring Fears Are Unwarranted 763

Posted by samzenpus from the don't-worry-citizen dept.
alphadogg writes "The perception that Indian call centers and back office operations cost US jobs is an old stereotype that ignores today's reality that two-way trade between the US and India is helping create jobs and raise the standard of living in both countries, US President Barack Obama told a gathering of business executives in Mumbai on Saturday. President Obama's remarks come after some moves in the US that had Indian outsourcers worried that the US may get protectionist in the wake of job losses in the country. The state of Ohio, for example, banned earlier this year the expenditure of public funds for offshore purposes. US exports to India have quadrupled in recent years, and currently support tens of thousands of manufacturing jobs in the US, he said in a speech that was also streamed live. In addition, there are jobs supported by exports to India of agriculture products, travel and education services. President Obama, who is in India on a three-day visit, said that more than 20 deals worth about $10 billion were announced on the first day of his visit."
Space

Collision of Two Asteroids Spotted For the First Time 31

Posted by timothy from the delicious-space-dust dept.
sciencehabit writes "Astronomers report that a small asteroid located in the inner asteroid belt between Mars and Jupiter took a major hit early last year. Previously rendered only in artists' conceptions, the first asteroid collision known in modern times revealed itself in a tail of debris streaming from what astronomers at first assumed was a comet. Instead of a steady stream of dust, however, they found boulders near the object with dust moving away from them."
Displays

At Commonwealth Games, the World's Largest Aerostat 76

Posted by timothy from the more-interesting-than-the-sports dept.
GillBates0 writes "Last weekend saw the world's largest aerostat of its kind featured at the opening ceremony of the 2010 Commonwealth Games in Delhi. The helium balloon or aerostat measures 40x80x12 meters, contains 20,000 cubic meters of helium and features lights, mirrors, cameras, a 360 degree projection screen, projectors and a reflective underbelly. During the show, it was raised 25 meters off the ground and transformed into a giant Bodhi Tree and a meditating Buddha, with giant puppets to complement the cultural performances beneath. These slideshows tell the story."

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