Globalization, huh!
Today, I found two news in the newspaper quite contrasting to the whole big GLABALIZATION thing.
1. Arcelor, is giving extraordinary dividend to its shareholders obviously to prevent the Mittal's hostile bid of $25 billion. The dividend announced in Feb 1.20 Euro was raised to 1.85 Euro per share.
2. The British Government has passed a law which would make it difficult for the Indian (or non-British) doctors to practice there, to protect home-grown doctors. Those who don't have work-permit there would have to come back and apply again.
Both of them show one thing globalization is not so easy when it comes to yourself. Your companies going outside and getting a hell lot of money is okay, but it comes to you, you start defining words like Economic Patriotism blah! blah! blah!...Gimme a break!
1. Arcelor, is giving extraordinary dividend to its shareholders obviously to prevent the Mittal's hostile bid of $25 billion. The dividend announced in Feb 1.20 Euro was raised to 1.85 Euro per share.
2. The British Government has passed a law which would make it difficult for the Indian (or non-British) doctors to practice there, to protect home-grown doctors. Those who don't have work-permit there would have to come back and apply again.
Both of them show one thing globalization is not so easy when it comes to yourself. Your companies going outside and getting a hell lot of money is okay, but it comes to you, you start defining words like Economic Patriotism blah! blah! blah!...Gimme a break!
Labels: Thoughts
posted by sawan at
1:02 AM
1 Comments:
keen observation and deep insight
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