The chances that the European Union (EU) and India might soon find an agreement to resolve their issues and open up free trade are fairly big. After the last meeting in Brussels last week the debating parties have only a couple more points of argument that they have to figure out.

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The global economy recovers only slow after the major financial and economic crisis in the second half of the first decade of this century. That is why governments in the Euro zone as well as in the United States are forced to respond with budget cuts especially in the social sectors of their countries. This blog entry discusses the pros and cons of service outsourcing as consequence of the government budget cuts.

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Even though the conflict between Israel and Palestine has been going on for more than a century, matters have changed recently. A handful of Israeli companies, such as Mellanox Technologies Ltd. (MLNX) have decided to pick the West Bank area to create new software design centers.

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The recently announced budget proposals for fiscal year 2011-12 under lead of Indian Finance Minister Pranab Mukherjee cause a stir. Especially in the sectors of BPO and ITO, small and middle seized companies fear upcoming increase of alternate tax.

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Vivek Kundra , federal chief information officer of the United States, projects continuous growth in information technology service outsourcing by numerous State agencies. The official evaluates the Cloud as one major service that will attract more and more agencies especially in case they are threatened by budget cuts.

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