The passenger rail industry is a major industry in many countries of the world. For example, in countries such as China, India, Russia, Japan etc. millions of people travel by trains. Similarly European countries are also connected by a wonderful network of railways. In addition to tradition railways, high-speed rail travel is also growing in …
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The energy sector comprising mostly the oil industry is a major sector of the economy in certain markets than others. For example, in many emerging markets the oil companies dominate the economy. Firms such as Petronas of Malaysia, Statoil of Norway, Lukoil and others of Russia, etc. dominate the respective local economies in terms of …
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Every year highly-skilled foreign workers compete to enter the U.S. via the H1-B visa program. April 1st week is the H1B visa cap season. Currently this program has a cap of 85,000 per year. In the past few years, the demand for these visas has far exceeded the supply. Hence a lottery has been designed if …
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The U.S. share of global economic output continues to decline. Last year it stood at just 22% of the world GDP while the share of emerging economies is growing. This is another reason for U.S. investors to diversify and include foreign stocks in their portfolios. Currently most U.S. investors have low allocations to international stocks due …
Most of the infrastructure in the U.S. are in desperate need of an upgrade. Highways, bridges, water and sewer systems, electrical grid, railroads, etc. were built long time ago – some 50 years or more – and could use a makeover. The following is a summary of key points from a research report on the …
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