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When one sees a headline like Report: “Nearly $500 billion spent in U.S. on substance abuse, addiction” what thoughts do usually come to mind? That we are doing very well on this front and that we have achieved something during recent times are some of them? Actually, the results in the detailed report speak otherwise.

In 2005 it cost $500 billion to US government for substance abuse, addiction and its consequences. Compared this to Iraq war costs – these numbers are not comparable for various reasons but they do show the order of damage. In 2005 the Iraq war cost was less than $500 billion! So there is a less costly war we hear so much about and then there is a more expensive that goes unnoticed until a headline comes and goes by.

One argument, albeit very weak, that is made on such a topic is Iraq war costs us lives. Trust me when I repeat the ...

European carmakers have only a small fraction of the auto market in the United States – somewhere between five and 10 per cent. But one of them, BMW, is reported to be considering plans that are an interesting pointer to possible change in several parameters governing how Americans relate to motor transport.

As some of the biggest US auto firms join the queue for a taxpayer-funded bailout, even as the big three – Ford, Chrysler and General Motors – continue to hold near 50 per cent of the market (though dipping under that at the start of 2009), some of their customers are starting to react to painful, as well as inconvenient, truths. Bigger cars are more expensive to buy; bigger cars are more expensive to run. Large cars and large SUVs accounted respectively for 9.3 per cent and 13 per cent of the light vehicle market in the United States in 1997, according to data at ...

America is always known for its welcome attitude to people of the other nations. Its natural approach though welcoming has become inadequate now. This is gaining stance as an issue with an increase in international trading which is bringing more business executives to the country. These business professions exhibit severe cases of culture shocks at the corporate and individual levels. Research was conducted to understand their experiences and attitudes towards the American business culture. Most of the foreign business professionals were based at Atlanta and other cities from the south-east. They were CFO’s, CEO’s, directors, analysts, engineers, managers. More than 50% of them were European with a minimum of 26 countries represented at the study.

The financial cost of is mostly two to four times the salary of the transferee. Relocation at cross-border levels is steep. Employers provide little assistance to integrate them into their business community. Most of these professionals enjoy a certain degree of self-esteem ...

International trading has decreased trade barriers and increased the trading of the business across the different markets and nations. It has become mandatory for the business executives ‘to learn the ways of the world’ which is quite complex considering diversity in cultures, mannerisms, and individualities. In this context, we shall explain in detail the manners, cultural relationships and etiquette of North America.

The population consists of mixed heritages and races. Though, predominantly European, this country has welcomed any person from the world and boasts of a high immigration levels in the world. There are many cultural enclaves in which different languages are encouraged, but, otherwise, English is the main language here. Christianity is the major religion with approximately 84% of the population practicing this in some form or the other.

Business is influenced by the laws written both at the national and the state level (there are 50 Federal states). One must meet the requirements at a litigious ...

How do people from different continents, cultures and regions respond to a particular situation? We can analyze this with the example of a classic case - the response of Americans and Europeans to the financial crisis on hand.

Europe took a long time to understand and accept that they have been affected by the crisis in America. No one can dispute that the banking system is truly interconnected and we are facing the woes of trade liberalization and the other policies of a free-market. The global financial system seemed to be heading for a crash with just one economy, though a strong one, at that that became shaky. There is no doubt that the foundations and the fundamentals are built on weak pillars and emphasize a need for a better system.

The mortgage crisis, when it started, created a panic amongst the Americans, and the Government with a dampening effect on the Wall Street. The Government has lost ...

Bush has actually trampled the constitution of the U.S, having run his term based on delusions. His aim at perfectionism has remained just that, a term with the output far from realty. He has to blame himself and more so, his advisers who have been inept at reading the actual crisis that the Americans have been facing. We shall analyze with respect to Obama’s inheritance, the challenges and expectations with respect to the Presidency and his promises to the nation.

Listing the major setbacks of the Bush administration, the treatment around the fiasco of Osama Bin Laden has been a fantasy ride (like the raw-reports stating that he had been shopping at a US base in East Asia and the tracking of all telephone records), the closing of the prison and detaining of prisoners at Guantanamo, the missing 20,000 prisoners, mostly Arab Muslims. Obama will also have to repair the titanic damage involving Iraq, Afghanistan, Pakistan, and ...