The Jobs for South Asia Coalition

Tuesday, February 08, 2005

Indians to gain from US immigration policy

NEW DELHI: Indians will be the biggest beneficiaries of any new immigration policy that US President George W Bush might unveil. Among the large variety of immigrants to the US, Indians constitute the best-educated group of foreign-born migrants, and therefore, most likely to be welcomed...

One of Bush's strongest election planks was immigration, where he scored over challenger John Kerry particularly on the outsourcing issue. The second Bush administration will certainly look at immigration closely. This was promised by the US president during his 'State of the Union' address, which is always used to flag priority issues...

Continued in this article.

President Bush repeats his support for guest worker programs

President Bush, from the State of the Union address:

"America's immigration system is also outdated, unsuited to the needs of our economy and to the values of our country. We should not be content with laws that punish hardworking people who want only to provide for their families, and deny businesses willing workers, and invite chaos at our borders.

It is time for an immigration policy that permits temporary guest workers to fill jobs Americans will not take, that rejects amnesty, that tells us who is entering and leaving our country, and that closes the border to drug dealers and terrorists."

Tsunami was a blessing in disguise for Sri Lanka's economy, analysts say

COLOMBO: The Indian Ocean tsunamis killed 31,000 people in Sri Lanka and caused unprecedented damage, but were also a blessing to its economy which had been heading for a major catastrophe, according to analysts.

A record trade deficit, balance of payment crisis driven by high crude oil prices, galloping inflation and an uncertain political climate due to tension between the government and Tiger rebels, had pushed the economy to crisis point.

The December 26 tsunamis destroyed three-quarters of the country's coastline, wrecked the road and railway network and initially left a million people homeless, but there followed an aid windfall from abroad.

Analysts said the avalanche of assistance from global lenders and the post-tsunami reconstruction across the devastated regions will kick-start economic growth now expected to cross five percent next year...

Continued in this article.