President Obama begins a lengthy trip to Asia this weekend, starting with a visit to India to talk about job creation and increasing exports. Days after Republicans had significant victories in the midterm elections, he'll arrive in Mumbai with a delegation of more than 200 businessmen and women to attend a business conference. The president may also try to make a deal with the Indian government as they revamp their military aircrafts. What kind of reception will the President and his American delegation of businessmen have there? What should their goals be?
We're joined by Vishakha Desai, the president of Asia Society, and Mumbai investment firm employee Aadil Ebrahim, who tell us more about how the delegation is being received there.
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Comments [3]
This trip is very important. If India continues to grow economically, it will become one of the US's top trade partners. US exports will increase greatly. Right now India is in the top twenty countries that the US exports to. (on my blog, mindcheese.com, I have posted a graphic showing up-to-date the top ten)
The American President Obama’s trip to India with more then 200 Business delegate will increasing the opportunity of job for Indian or American? The cost of Presidential suit the cost of special security the The harassment of Indian chief Minister and other Minister with the normal Indian citizen and Indian tourist harassment. Whatever the truth is, we common people of India & America will suffer, we have lost our money for the most un- necessary super costly ugly trip.Its a whole Nations Loss.
In WASHINGTON alone — Businesses shed 84,000 jobs in August as the unemployment rate hit to a five-year peak of 6.1%.
Firms have laid off 605,000 workers, with job losses averaging 76,000 a month. Fully 2.2 million Americans have lost their jobs in the past 12 months.
The number of long-term unemployed — those out of work six months or more — jumped by 163,000 to 1.8 million, and has surged by 589,000 in the past 12 months. The number of people working more than one job increased in August, while about 1.6 million people were not working but not counted as unemployed because they hadn't looked for a job in the past four weeks.
The Labor Department said the jobless rate was highest for teenagers, at 18.9%, African Americans, at 10.6% , The white unemployment rate was 5.4% in August.
Be cool to accept the whole sheet in name of job, nothing will go to happen for the Indian , me we lose our traditional family business to the JUMBO Multinational. He has came to India for make way for American Multinational, not for us. He has seen the most destructive economy of America in his time, so President Obama will re structure Americas economy with the help of India. What we will have to loose ? By sacrificing our traditional family business and uncountable job.Lets see.............
President Obama begins a most costly & lengthy trip through Asia to India. Will he be able to increase Job Opportunity for Indian or American? How many Indian lost his or her job in past six month in USA? Can anybody give me the perfect number? With 900 Crore may 9 company or industry can be made, may it be possible that 1,00,000 jobless people can get there job in India. Can anybody tell me how many American citizen is currently jobless? May it possible that one 900 crore industry can change Americans position. Can anybody give me the right answer? weighting for that.....A 36000 Crore trip is to costly to ignore.....God save us.
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