Job Interviews Are the New First Date






At a recent job interview at Summit Partners, a private equity firm in Boston, an applicant was asked, “If you could pick one person to play you in a movie, who would it be?” An audit staff applicant at New York accounting firm Ernst & Young was asked, “What are the top five cities you want to go to and why?” An online magazine asked an editor, “Where do you vacation in the summer?”


Job interviews are becoming more like first dates. The employment site Glassdoor has collected 285,000 questions asked by hiring managers, and the following four rank among 2012’s 50 most common, though they have little to do with work: What’s your favorite movie? What’s your favorite website? What’s the last book you read for fun? What makes you uncomfortable? Over the last couple of years, spokesman Scott Dobroski says, the site has found “a significant rise in questions asked about cultural fit.”






In the December issue of the American Sociological Review, Northwestern professor Lauren Rivera concludes that companies are making hiring decisions “in a manner more closely resembling the choice of friends or romantic partners.” Rivera found that apparently off-topic questions have become central to the hiring process. “Whether someone rock climbs, plays the cello, or enjoys film noir may seem trivial,” she wrote, “but these leisure pursuits were crucial for assessing someone as a cultural fit.” As a result, Rivera argues, “employers don’t necessarily hire the most skilled candidates.”


The phrase “cultural fit” may summon up obnoxious images of old boys clubs and social connections, but it’s a powerful buzzword among human resources professionals. A cooperative, creative atmosphere can make workdays more tolerable and head off problems before they begin. “I used to work for an e-commerce company that spent a lot of time refining its culture,” says Mercedes Douglas, now head of recruiting at Kikin, an Internet search startup. “I hired someone as a manager, and it created a lot of tension because he didn’t fit in. People tried to alienate him because they weren’t interested in him as a friend,” she says. And it also goes the other way. “I once hired a woman who really didn’t have the right background or experience for the job, but who I hit it off with during the interview,” says Rebecca Grossman-Cohen, a marketing executive at News Corp. (NWS). “And because we got along so well, I was able to train her easily, and she ended up doing great things for us.”


Especially in this slow economy, more employers are asking “Star Trek or Star Wars?” (as a programmer was recently asked by an employer) because fit is believed to be a strong predictor of employee retention. The longer employees stay around, the more companies save in hiring and on-boarding costs. For instance, the online retailer Zappos (AMZN) offers new employees who are struggling $ 4,000 to quit after a week’s work, rather than waste resources to train someone who doesn’t gel with the group. The sandwich chain Pret A Manger even goes so far as to have potential employees work for one day, after which they’re either voted in or out by the existing team. Applicants who don’t get along with others are paid for their time and asked to leave.


Glassdoor’s Dobroski reports that job seekers cite company culture as their second-highest priority, “almost tied with salary.” In an employment market in which many first-time employees relocate for work, offices are becoming surrogate families and social communities. New hires, especially young workers, want the secret Santa gift exchanges, the karaoke nights, and, increasingly, like-minded colleagues who share their values.


“These trends are being driven by millennials because they care about culture,” says Dan Schawbel, author of Me: 2.0. “Research shows that millennials typically stay at a job for about two years—and they have different priorities. They’d rather have meaningful work over more pay, or work for a company that gives back or cares about the environment. They want a culture that’s less hierarchical, more flexible, and more understanding of difference, because millennials are the most diverse generation.”


This last point presents a modern quandary: How do companies value diversity and cultural fit, especially if hiring managers are often biased toward hiring people much like themselves?


“A lot of times, cultural fit is used as an excuse” for feelings interviewers aren’t comfortable expressing, says Eric Peterson, manager of diversity and inclusion at the Society for Human Resources and Management. “Maybe a hiring manager can’t picture himself having a beer with someone who has an accent. Sometimes, diversity candidates are shown the door for no other reason than that they made the interviewer a little less at ease.”


In Rivera’s study, one Indian woman says hiring based on cultural fit “seems to me a very [shakes her head] American thing. But it’s what [companies] want.” Yet this idea of tightly knit cultural affinity seems to run counter to the U.S.’s melting-pot ethos, as well as our glorification of diverse cinematic superteams—from The Magnificent Seven to Ocean’s Eleven, and onto Star Trek, Star Wars, The Matrix, and The Avengers. “In all of these stories,” says Sean Howe, author of the history Marvel Comics: The Untold Story, “it’s not just the accumulation of complementary abilities that makes the group succeed, it’s the ways in which each individual is challenged and transformed by the very environment of diversity. Which, come to think of it, is really what society is all about.”


Hiring is the moment when these American ideals about team diversity collide with the reality of building a cohesive, practical staff. For the manager, it’s also the time when abstract notions about corporate culture collide with instinct and bias. We may aspire to model our workplaces after the Starship Enterprise but in reality they often look more like the Borg Cube. Most companies have elaborate systems of checks and balances and executive-level diversity officers who work hard to ensure inclusiveness of race, gender, and sexuality. And working exclusively with your pals can also have a major competitive downside: groupthink.


“It’s probably human nature to generally like to hire people who look like us, sound like us, act like us. But you get a culture of sameness,” says Randy Hains, managing partner of Atlanta’s Bell Oaks Executive Search. “People lack an understanding of how to go out and recruit for a diversity of thought—those people who break the rules but are great for the company. An EBay (EBAY) or a Google (GOOG) will hire those intellectual guys who won’t fit into most Fortune 500 companies, whereas a Home Depot (HD) or a Coca-Cola (KO) will hire a guy because he fits in perfectly, not realizing that he’s not going to move the needle—not even a little bit.”


Numerous studies have proven that diverse workforces give companies competitive advantages in skill, employee retention, innovation, and profits: A 2009 study by University of Illinois sociologist Cedric Herring found that companies with the highest levels of racial diversity reported, on average, 15 times more sales revenue than those with less diverse staffs. And the American Sociological Review survey warns that a focus on hiring employees with the same hobbies and backgrounds can limit diversity. To avoid this tendency, companies now struggle to codify what, exactly, they mean when they talk about cultural fit.


“A skilled recruiter can override those biases,” says Amy Hirsh Robinson, principal of workplace consulting firm Interchange Group. “Sometimes you need to change your culture because there might be that one person who has a different thought that could have saved a business.”


The trick to building a creative, modern workforce might be asking all those silly questions—What’s your favorite movie? What’s your favorite book? What makes you uncomfortable?—and valuing most highly the answers you’ve never heard before. “It’s quite possible to define that office culture as one that’s open to diversity, so that you’re looking for openness in an employee,” says SHRM’s Peterson. “You just have to decide if you’re hiring for the culture you have or the culture you want.”


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Primary Petroleum Completes Phase I Exploration Program on its Southern Alberta Basin Prospect in NW Montana








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Mediocre job growth points to slow grind for U.S. economy


WASHINGTON (Reuters) - The pace of U.S. job growth slowed a bit in December, keeping the unemployment rate steady at 7.8 percent, but details of the Labor Department's U.S. employment report were fairly encouraging.


* Nonfarm payrolls increased 155,000, but job gains for the previous month were revised up to show 15,0000 more positions created than previously reported.


* Construction employment rebounded strongly, gaining 30,000 jobs after sagging 10,000 in November, reflecting increased residential construction activity as the housing market recovery gains traction.


* Manufacturing payrolls gained 25,000 after rising 5,000 in November. Manufacturing working hours increased, a positive sign for a sector that has been cooling in recent months. That helped to lift the overall average workweek to 34.5 hours from 34.4 hours in November.


* With workers putting in more time, the average hourly earnings increased 0.3 percent after rising by the same margin in November.


* More people entered the labor force, a sign of confidence in the jobs market, keeping the unemployment rate elevated. The household survey also showed a modest increase in employment, but more people reported they did not have jobs.


* The bad news is that government shed 13,000 jobs in December after a loss of 10,000 the prior month.


* Temporary help jobs, often seen as a harbinger for permanent hiring, fell in December and retail employment declined by 11,300 jobs after a hiring spree the previous months.


(Reporting By Lucia Mutikani)



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Oregon runs past K-State 35-17 at Fiesta Bowl


GLENDALE, Ariz. (AP) — As Oregon coach Chip Kelly was about to receive the massive Fiesta Bowl trophy, Ducks fans inside University of Phoenix Stadium started a chant of "We want Chip!"


Whether he returns or not is up in the air.


If Kelly does head to the NFL, this was a great send off.


Sparked by De'Anthony Thomas' 94-yard touchdown return on the opening kickoff, No. 5 Oregon turned the Fiesta Bowl into a track meet from the start and bolted past No. 7 Kansas State 35-17 Thursday night in what could be Kelly's final game with the Ducks.


"This wasn't going to be a distraction," Kelly said of reports that he was headed to the NFL. "It wasn't a distraction for me — I think it's an honor. But I think it's an honor because of the players we have in this program that people want to talk to me."


Teams that had their national title aspirations end on the same day, Oregon and Kansas State ended up in the desert for a marquee matchup billed as a battle of styles: The fast-flying Ducks vs. the methodical Wildcats.


With Kelly reportedly talking to several NFL teams, Oregon (12-1) was too much for Kansas State and its Heisman Trophy finalist, Collin Klein, who were playing catch-up from the start.


Thomas followed his before-everyone-sat-down kickoff return with a 23-yard touchdown catch, finishing with 195 total yards.


Kenjon Barner ran for 143 yards on 31 carries and scored on a 24-yard touchdown pass from Marcus Mariota in the second quarter. Mariota later scored on a 2-yard run in the third quarter, capped by an obscure 1-point safety that went in the Ducks' favor.


Even Oregon's defense got into the act, intercepting Klein twice and holding him to 30 yards on 13 carries.


"We got beat by a better team tonight, combined by the fact that we let down from time to time," coach Bill Snyder said after Kansas State's fifth straight bowl loss.


Last year's Fiesta Bowl was an offensive fiesta, with Oklahoma State outlasting Stanford 41-38 in overtime.


The 2013 version was an upgrade: Nos. 4 and 5 in the BCS, two of the nation's best offenses, dynamic players and superbly successful coaches on both sides.


Oregon has become the standard for go-go-go football under Kelly, its fleet of Ducks making those shiny helmets — green like Christmas tree bulbs for the Fiesta Bowl — and flashy uniforms blur across the grassy landscape.


Thomas offered the first flash of speed, picking up a couple of blocks and racing toward a not-so-photo finish at the line.


Thomas hit the Wildcats (11-2) again late in the first quarter, breaking a couple of tackles and dragging three defenders into the end zone for a catch-and-run TD that put the Ducks up 15-0.


It's nothing new for Oregon's sophomore sensation: He had 314 total yards and two long touchdown runs in the 2012 Rose Bowl. The Ducks are used to it, too, averaging more than 50 points per game.


And they kept flying.


Oregon followed a missed 40-yard field goal by Kansas State's Anthony Cantele by unleashing one of its blink-and-you'll-miss-it scoring drives late in the second quarter. Moving 77 yards in 46 seconds, the Ducks went up 22-10 at halftime after Mariota hit Barner on 24-yard TD pass.


Alejandro Maldonado hit a 33-yard field goal on Oregon's opening drive of the third quarter and Mariota capped a long drive with an easy 2-yard TD run to the left. Kansas State's Javonta Boyd blocked the point-after attempt, but even that went wrong for the Wildcats. Chris Harper was tackled in the end zone for a bizarre 1-point safety that put Oregon up 32-10.


It was the first 1-point safety in major college football since 2004 when Texas did it against Texas A&M, STATS said.


"There were so many things that could have changed the outcome of this game," Kansas State linebacker Arthur Brown said.


Kansas State needed a little time to get its wheels spinning on offense, laboring early before Klein scored on a 6-yard run early in the second quarter.


Klein kept the Wildcats moving in the quarter, though not toward touchdowns: Cantele hit a 25-yard field goal and missed from 40 after a false-start penalty.


Klein hit John Hubert on a 10-yard touchdown pass early in the fourth quarter, but all that did was cut Oregon's lead to 32-17.


He threw for 151 yards on 17 of 32 passing.


"It wasn't really complicated," Kelly said of slowing Klein. "He's a great player, one of the greats of college football. I had my heart in my throat a couple of times watching him around, but our guys just made plays when they had to make plays."


By doing so, they may have put a nice exclamation point on Kelly's college career.


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Myanmar: Evolution, not revolution




Tourists walk around the Shwedagon Pagoda in Yangon in April. The tourism industry is set for expansion.




STORY HIGHLIGHTS


  • Myanmar is undergoing incremental change, welcomed by all, says Parag Khanna

  • But he says people still tread lightly, careful not to overstep or demand too much

  • Myanmar has survived succession of natural and man-made ravages, Khanna adds

  • With sanctions lifted, foreign investment is now pouring in from Western nations




Editor's note: Parag Khanna is a Senior Research Fellow at the New America Foundation and Senior Fellow at the Singapore Institute of International Affairs. His books include "The Second World," "How to Run the World," and "Hybrid Reality."


Yangon, Myanmar (CNN) -- Call it a case for evolution instead of revolution. While the Arab world continues in the throes of violence and uncertainty, Myanmar is undergoing incremental change -- and almost everyone seems to want it that way.


The government is lightening up: holding elections, freeing political prisoners, abolishing censorship, legalizing protests, opening to investment and tourists and welcoming back exiles. But the people still tread lightly, careful not to overstep or demand too much. Still, the consensus is clear: Change in Myanmar is "irreversible."


Read more: Aung San Suu Kyi and the power of unity


As the British Raj's jungle frontier, Burma was a key Asian battleground resisting the Japanese occupation of Southeast Asia during World War II. As with many post-colonial countries, the euphoria of independence and democracy in 1948 gave way in just over a decade to the 1962 coup in which General Ne Win nationalized the economy and abolished most institutions except the army.



Parag Khanna

Parag Khanna



Non-alignment gave way to isolationism. Like Syria or Uzbekistan, Myanmar became an ancient Silk Road passageway that almost voluntarily choked itself off, choosing the unique path of a Buddhist state conducting genocide, slavery, and human trafficking.


Watch: Myanmar in grip of economic revolution


The military junta began its increasingly cozy rapproachment with Deng Xiaoping's China in the 1970s, just as China was opening to the world, and used cash from its Golden Triangle drug-running operations to pay for Chinese weapons.


Mass protests, crackdowns and another coup in 1988 led to a rebranding of the junta as the State Law and Order Restoration Council (SLORC) and the country's official renaming as the Union of Myanmar.


Terrorized, starving and homeless: Myanmar's Rohingya still forgotten


The 1990 elections, in which Aung San Suu Kyi's National League for Democracy (NLD) won a majority of the seats, were annulled by the SLORC, which continued to rule until 2011 when it was formally disbanded. Most international sanctions on Myanmar have now been lifted.






Read more: Myanmar: Is now a good time to go?


In just the past few years, Myanmar has survived a succession of natural and man-made ravages, from the brutal crackdown on the Saffron Revolution of 2007 (led by Buddhist monks but more widely supported in protest against rising fuel prices and economic mismanagement), to Cyclone Nargis (which killed an estimated 200,000 people in 2008) to civil wars between the government's army and ethnic groups such as the Kachin in the north and Shan and Karen in the east, and communal violence between the Muslim Rohingya (ethnic Bengalis) and Buddhist Rakhine in the west.


There are still approximately 150,000 Karen refugees in Thailand (and over 300,000 total refugees on the Thai-Burmese border) and more than 100,000 displaced Rohinya living in camps in Sittwe. So difficult is holding Myanmar together that even Aung San Suu Kyi, who helps lead the national reconciliation process, ironically advocated the use of the army (which kept her under house arrest for almost two decades) to pacify the rebellions.


Though sectarian conflict between Muslims and Buddhists in Rakhine underscores the Myanmar's tenuous search for national unity, the genuine efforts at religious pluralism are reminiscent of neighboring India: Every religion is officially recognized, and days are given off for observance. Surrounding Yangon's downtown City Hall is not only the giant Sule Pagoda but also a mosque, synagogue, church and Jain temple. The roundabout is therefore a symbol of the country's diversity -- but also the place where protesters flock when the government doesn't live up to promises.


Q&A: What's behind sectarian violence in Myanmar?


Scarred from decades of oppressive and ideological rule and still beset by conflict, it is therefore against all odds that Myanmar would become the most talked about frontier market of the moment, a top Christmas holiday destination and a case study in democratic transitions. Myanmar's political scene is now a vibrant but cacophonous discourse involving the still-powerful army; upstart parliament; repatriated civilian advisers; flourishing civil society, including human rights groups, ambitious business community, the Buddhist religious community, and a feisty media (especially online).


The parliament is pushing for accountability in telecom and energy contracts, and its speaker, Shwe Mann, is already maneuvering to challenge the chairman of his Union Solidarity and Development Party (USDP) -- current president Thein Sein -- in the 2015 elections.


In the meantime, however, the establishment in Yangon and the new capital of Napyidaw need to focus much more on building capacity. Thein Sein, who traded in his uniform for indigenous attire in 2011, has reshuffled the Cabinet to make room for functional experts in the energy and economic portfolios. He's even spearheaded an anti-corruption drive, admitting recently that Myanmar's "governance falls well below international standards." By many accounts he is also very open to advice on investment and other reforms.


He will need it, as Myanmar faces crucial tests of its international credibility in the coming years. In 2013, Myanmar will play host to the World Economic Forum (WEF) as well as the Southeast Asian Games. In 2014 it will chair the ASEAN regional group, and in 2015 it is expected to enter a new ASEAN Free Trade Area.


The military's power is still pervasive, placing it somewhere on the spectrum between Indonesia, where military influence has been rolled back, and Pakistan, where the military still dominates. On the streets, it's often difficult to know who is in charge.


One numerological fetish led to the driving side being unilaterally changed, making Myanmar the rare place where the steering wheel is (mostly) on the right, and cars drive (mostly) on the right. At least a dozen official and private newspapers (though private daily papers are not allowed yet) are on offer from meandering street hawkers, while you inch through Yangon's increasingly dense daily traffic jams.


At this time of year, visitors to Burma enjoy crisp, smoky morning air and dry, starry nights. Yangon is undergoing a construction boom, with faded colonial embassies turned into bustling banks, the national independence column being refurbished and redesigned with a park, and tycoons building columned mansions near downtown -- and seeking Buddhist blessings by pledging lavish donations for the construction of even more monasteries and pagodas.


By 2020, the population of Yangon could easily double from the current 5 million, at which point it may look like a mix of Calcutta and Kuala Lumpur.


Thant Myint-U, the grandson of former U.N. Secretary-General U Thant and noted historian of modern Burma, now wears several hats related to ethnic reconciliation, foreign donor trust funds and urban conservation. He says that as foreign aid flows grow from trickles into a flood, they have to be systematically focused on sustainable employment creation and infrastructure. USAID has pledged to spend more than $150 million in Myanmar in the next three years.



Myanmar's opening, however, is strongly motivated by an anti-Chinese sentiment that is part of a much wider global blowback against China's commercial and strategic encroachment
Parag Khanna



Outside of Yangon, the pace of Burmese society slows to a timeless pace -- as do Internet connections. On village roads, cycle rickshaws and monks with parasols amble by fruit vendors and car part stalls. Whether at the Dhammayazika Pagoda in Bagan or Mandalay Hill in that city, locals enjoy watching sunrises and sunsets as much as tourists.


Traveling around Myanmar, one observes the paradox of a country that has massive potential yet still needs just about everything. Yangon's vegetable market is a maze of tented alleys overflowing with cabbage, pineapples, eggplant and flowers, but they are still transported by wheelbarrows and bicycles. Ox-drawn ploughs still power farming in much of the country, meaning agricultural output of rice, beans and other staples could grow immensely through mechanization.


Similarly, the British-era light-rail loop circling Yangon takes about three hours to ride once around, with no linking bus services into downtown. But with cars already clogging the city, a major transport overhaul is essential. The communications sector actually needs to be re-invented. At present, the country's Internet and mobile phone penetration are only just growing; both are still governed by India's 1886 Telegraph Act. Mobile penetration is only 3 million but could easily grow to 30 million (half the population) within the next couple of years, as the price of SIM cards come down (so far from $2,000 to about $200), and foreign telecoms are allowed in to provide data coverage.


With sanctions lifted, foreign investment is now pouring in from Western nations, in addition to the players who have been making inroads for years such as China, Thailand and Singapore. The paradox, however, is that Myanmar lacks the infrastructure (physical and institutional) to absorb all the investor interest.


Major nations have thus focused on special economic zones that they themselves effectively run. The way Japan has moved into Myanmar, one would think that its World War II imperialism has been forgotten. After their major bet on the Thilawa special economic zone south of Yangon, Japanese contractors have plans to deepen the Yangon River's estuary so that cargo ships can sail directly up to the city's shores and offload more containers of cars that are already being briskly snapped up at busy dealerships.


Besides natural gas and agriculture, everyone agrees that tourism will comprise an ever-larger share of the country's GDP. Especially with much of the country off-limits to foreigners due to security restrictions and the military's economic operations, tourists already clog all existing suitable hotels in Yangon, Bagan and Mandalay, meaning a massive upgrade is needed in the hospitality sector.


Annual tourist visits are climbing 25% annually to an estimated 400,000 for 2012. Daily flights arrive packed from around the region, with longer-haul routes beginning from as far afield as Istanbul and Doha.


Still, Myanmar is a traveler's dream come true. In Bagan, you can walk or take a sunrise jog around countless pagodas that feel like they haven't been touched in 800 years -- some actually haven't. There is also the sacred and enchanting Golden Rock; the pristine beaches of Ngwe Saung, which rival the best of Thailand and the Philippines; the temperate climate of Inle Lake; the Himalayan foothills near Putao in far northern Kachin state where one can trek; the rich dynastic history of Mandalay; and the languorous Irrawaddy River cruises that harken to George Orwell's "Burmese Days."


Yangon has a pleasant charm and gentle energy, with vast gardens and riverside walks, the grandeur of centuries-old monuments such as the Shwedegon Pagoda, a fast-growing cultural scene of art galleries and music performances, and a melting pot population of all Myanmar's tribes as well as industrious overseas Indians and Chinese, who make up 5% of the nation's population.


Mandalay in particular is where one feels the depth of China's demographic penetration into Myanmar, owing not only to recent decades of commercial expansion from gems trading to real estate but also centuries of seasonal migrations across the rugged natural border with Yunnan province. Some have begun to call the Shan region "Yunnan South."


The combination of the Saffron Revolution, civil strife, sanctions, its economic lag behind the rest of ASEAN, and the status of becoming a captive resource supplier to China all played crucial roles in Myanmar's opening. China has traditionally been a kingmaker in isolated and sanctioned countries and well-placed to capitalize on the infrastructural and extractive needs of emerging economies as well.


For China, Myanmar represents a crucial artery to evade the "Malacca trap" represented by its dependence on shipping transit through the Straits of Malacca. In 2011 China was still far and away the largest foreign investor in Myanmar, bringing in $5 billion (of a total of $9 billion) across their 2,000-kilometer (1250-mile)-long border. The massive ongoing investments include 63 hydropower projects, a 2,400-kilometer (1500-mile) Sittwe-to-Kunming oil pipeline from the Bay of Bengal and a proposed gas pipeline to China's Yunnan beginning at Myanmar's Ramree Island -- not to mention an entire military outfitted with Chinese tanks, helicopters, boats and planes.


Myanmar's opening, however, is strongly motivated by an anti-Chinese sentiment that is part of a much wider global blowback against its commercial and strategic encroachment. Even well-kept generals are fundamentally Burmese nationalists and awoke to the predicament of total economic and strategic dependence on China. The government has taken major steps to correct this excessive tilt, suspending a major hydroelectric dam project at Myitsone and re-evaluating Wanbao Mining company's giant copper mine concession near Monywa.


Myanmar is now deftly playing the same multi-alignment game mastered by countries such as Kazakhstan in trying to escape the Soviet-Russian sphere of influence: courting all sides and gaining whatever one can from multiple great powers and neighbors while giving up as little autonomy as possible.


India sees Myanmar as the crucial gateway for its "Look East" policy and is offering substantial investments in oil and gas as well as port construction and information technology; Europe has become a larger investor, especially Great Britain; Russia is being courted as a new arms supplier; Japan is viewing Myanmar as its new Thailand for automobile production; and of course, U.S. President Barack Obama visited in December, paving the way not only for greater U.S. investment but even for Myanmar to potentially participate in the Cobra Gold military exercises held annually with America's regional allies.


Obama was not only the first U.S. president to visit Myanmar but also the first to call it by that name, conceding ground in a long-running dispute. The administration hopes that North Korea, Asia's still frozen outcast, will learn the lessons from Myanmar's steady but determined opening.


But countries that are playing multi-alignment don't have to thaw domestically -- witness Saudi Arabia and Kazakhstan. Myanmar is simultaneously undergoing political liberalization and international rehabilitation -- a tricky and laudable feat for sure but not one North Korea is likely to emulate entirely. What the two do have in common, however, is the growing realization that having China as a neighbor is both a blessing and a curse.


During my visit to the "Genius Language School," where university students go for professional English tutoring, I asked the assembled round table whether they were happy that Obama came to visit and whether they considered America a friend. All giggled and chanted: "Yes."


Then I asked, "Are you afraid of China?" And the answer came in immediate, resounding unison: "Yes!"


Follow @CNNOpinion on Twitter


Join us at Facebook/CNNOpinion


The opinions expressed in this commentary are solely those of Parag Khanna.






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India’s Infosys denies report of firing 5,000 staff






(Reuters) – India‘s Infosys Ltd said on Friday a newspaper report it was planning to fire up to 5,000 poorly performing workers was “wrong”, although it encourages “chronic underperformers” to leave as part of its routine staff management.


The Economic Times newspaper had earlier said Bangalore-based Infosys, India’s second-largest software services exporter and an icon in the country’s $ 100 billion outsourcing sector, was sacking up to 5,000 workers to trim costs.






Infosys, which has more than 150,000 staff, said there was no mass lay-off planned at the company and the number of underperformers that could potentially leave was “significantly lower” than the 5,000 mentioned in the paper.


“We have a robust performance management system that includes structured appraisals and performance feedback,” it said in a statement. “This is done regularly and is not a one-time event.”


Infosys, for years an investor favorite for exceeding its earnings targets, has struggled recently as its big customers cut costs, missing its own revenue guidance in three of the past four quarters.


The software exporter may cut its revenue forecast for the year to March when it reports its December quarter earnings on January 11, as U.S. business clients put off spending and balk at signing big deals.


With about 60 percent of its business in the United States, Infosys is particularly vulnerable to swings in U.S. corporate sentiment and has been hit hard by spending deferrals by the companies in the world’s largest economy.


However, Infosys executive co-chairman S. Gopalakrishnan was quoted by other media reports on Friday as saying 2013 would be better than last year for India’s export-driven information technology industry.


Gopalakrishnan was quoted as saying brighter prospects for the United States and China would help the IT sector, as he addressed an event for the Infosys Science Foundation on Thursday.


Infosys shares were up 0.1 percent at 0829 GMT at 2,339 rupees, while the broader market index was down 0.2 percent and the IT sub-index was trading 0.5 percent higher.


(Reporting by Harichandan Arakali in BANGALORE and Rafael Nam in MUMBAI; Writing by Sumeet Chatterjee; Editing by Stephen Coates and Alex Richardson)


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Grantham University Named Top University for Veterans






KANSAS CITY, MO–(Marketwire – Jan 4, 2013) – For the third year in a row, Grantham University, an online university dedicated to providing educational opportunities to working adults, has been named a top university for veterans by Military Times EDGE.


In the midst of a competitive field of 650 higher learning institutions, Grantham University ranked among the top twenty online educational institutions for veterans. Learning institutions were evaluated on their performance against twelve criteria, which included presence of a veteran’s office and veteran-specific staff and academic support.






“It is an honor to be recognized by Military Times EDGE for our work with veterans and to be associated with such a fine group of colleges and universities as a ‘Best for Vets’ program,” said Dr. Jeffrey Cropsey, Grantham’s vice president for strategic initiatives. “We have worked hard to meet the educational needs of our nation’s veterans, service members and their families for more than six decades. Our commitment to the future success of our nation’s finest is one of our greatest strengths.”


Grantham University received 3.5 out of 4 stars for its high quality veterans staff. Students receive one-on-one support in the form of a student advisor who is there to answer questions and provide motivation and encouragement. Its Veterans Services department provides guidance related to VA education benefits. Faculty is trained in military culture, adult learning strategies and online best practices.


As part of its ongoing commitment to military and veteran students, Grantham University is heavily involved in the Association of Private Sector Colleges and Universities (APSCU) Blue Ribbon Taskforce for Military and Veterans Education with Dr. Cropsey serving as co-chair. The group is comprised of key veteran service organizations, institutional leaders and representatives from military and veteran organizations. Its goal is to develop a series of best practices for veterans education to be used by all colleges and universities.


“The mission of the taskforce is to ensure that our veterans, service members, and their families are provided with the quality education they deserve at every institution of higher education,” said Dr. Cropsey. ”We believe that by working together, this task force can develop actionable ideas on how we might better serve those who have served us.”


For more information about Grantham University and its online degree programs, visit: www.grantham.edu or call 1-800-955-2527.


About Grantham University:
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Global shares, oil slip on Fed stimulus nerves

LONDON (Reuters) - World shares edged lower and the dollar rose before U.S. jobs data on Friday which investors will watch even more closely than usual after Fed officials raised concerns about possible side effects of its stimulus program.


Minutes from the Federal Reserve's December policy meeting unsettled financial markets on Thursday after they showed some policymakers were worried about the program's longer-term impact.


Fed bond-buying has underpinned appetite for risk and the comments reopened debate on how much longer the central bank will keep stimulating the U.S. economy, unnerving investors before the U.S. employment figures.


European shares echoed their Asian peers to edge lower. But following a sharp jump on Wednesday after the United States edged back from the "fiscal cliff" budget crisis, they were on track for weekly gains of almost 2.7 percent.


Tentative signs that the euro zone economy may have passed the worst of its downturn also helped to restrict the moves.


Markit's Euro zone Composite PMI, which gauges business activity across thousands of the region's companies, rose in December to 47.2 from 46.5 in November - below the 50 line which divides growth from contraction but at its highest level since March last year.


"The surveys at least bring some substance to the belief that the worst is over and that a return to growth is in sight for the region in 2013," said Chris Williamson, chief economist at Markit.


London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> were down 0.1-0.5 percent by mid-morning, while the MSCI index of world shares was just over 0.2 percent lower at 345.85.


Wall Street was expected to open slightly higher though, with S&P 500 futures up 0.1 percent and contracts for the Dow Jones and the Nasdaq 100 up 0.2 percent.


U.S. stocks will largely depend on the non-farm payrolls report due at 8:30 a.m. ET and any clues it gives on the health of the U.S. and global economies.


Analysts polled by Reuters expect a 150,000 rise in jobs, with unemployment holding steady at 7.7 percent. However, after a better-than-expected ADP employment report on Thursday, many may now be betting on an above-consensus jobs number.


"The Fed has made it clear that it will keep policy loose until unemployment drops to 6.5 percent or below, so strong jobs data will undoubtedly raise expectations of a more hawkish Fed," analysts at Tradition brokerage said in a note.


CORE WEAKNESS


The Fed's concerns about the longer-term impact of its policies gave fresh momentum to the recent slide by low-risk bonds including U.S. and German debt.


Bund futures slipped almost half a point to 143.12, having already fallen steeply from last week's close of 145.64.


Benchmark U.S. Treasury yields continued their climb, hitting an eight-month high of 1.96 percent, while in Asia, 10-year Japanese government bond yields touched a 3-1/2-month high of 0.83 percent.


In the currency market, the dollar hit its highest level against the yen since July 2010 at 87.835 while the euro fell to a three-week low of $1.3006. The dollar <.dxy> also touched a six-week high against a basket of currencies.


"We have seen quite a broad-based dollar rally after the minutes which has ignited a fresh debate about how much liquidity the Fed is going to pump into the economy," said Daragh Maher, FX strategist at HSBC.


The yen has fallen in recent weeks as investors bet the new government will push the Bank of Japan to weaken the currency by implementing aggressive economic stimulus.


"Breaking through 88 in dollar/yen is a significant move. It was a target for a number of people in the market and the question is now whether we have a mindset of taking profit or we look to extend," added Maher.


The dollar's recent climb makes dollar-based assets more expensive for non-dollar investors and this hit precious metals and oil.


Brent crude shed 0.6 percent to $111.47 a barrel while gold fell 1 percent to $1,645, dragging silver down more than 2 percent to $29.48.


(Additional reporting by William James and Anooja Debnath; editing by David Stamp)



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Louisville upsets Florida 33-23 in Sugar Bowl


NEW ORLEANS (AP) — Terell Floyd and the Louisville Cardinals gave the embattled Big East Conference at least one more triumphant night in a major bowl — and at the expense of a top team from the mighty SEC.


Floyd returned an interception 38 yards for a touchdown on the first play, dual-threat quarterback Teddy Bridgewater directed a handful of scoring drives and No. 22 Louisville stunned the fourth-ranked Gators 33-23 in the Sugar Bowl on Wednesday night.


"I can't speak for the whole Big East, but I can speak for Louisville and I think this means a lot for us," Floyd said. "We showed the world we can play with the best."


The Big East is in a transitional phase and losing some of its top football programs in the process. Boise State has recently backed out of its Big East commitment and Louisville has plans to join the ACC.


Even this year, the Big East wasn't getting much respect. Louisville, the league champion, was a two-touchdown underdog in the Sugar Bowl.


But by the end, the chant, "Charlie, Charlie!" echoed from sections of the Superdome occupied by red-clad Cardinals fans. It was their way of serenading third-year Louisville coach Charlie Strong, the former defensive coordinator for the Gators, who has elevated Cardinals football to new heights and recently turned down a chance to leave for the top job at Tennessee.


"I look at this performance tonight, and I sometimes wonder, 'Why didn't we do this the whole season,'" Strong said. "We said this at the beginning: We just take care of our job and do what we're supposed to do, don't worry about who we're playing."


Shaking off an early hit that flattened him and knocked off his helmet, Bridgewater was 20 of 32 passing for 266 yards and two touchdowns. Among his throws was a pinpoint, 15-yard timing toss that DeVante Parker grabbed as he touched one foot down in the corner of the end zone.


"I looked at what did and didn't work for quarterbacks during the regular season," said Bridgewater, picked as the game's top player. "They faced guys forcing throws ... and coach tells me, 'No capes on your back or 'S' on your chest, take what the defense give you.' That's what I took. Film study was vital."


His other scoring strike went to Damian Copeland from 19 yards one play after a surprise onside kick by the Gators backfired. Jeremy Wright had a short touchdown run that gave Louisville (11-2) a 14-0 lead the Gators couldn't overcome.


Florida (11-2) never trailed by more than 10 points this season. The defeat dropped SEC teams to 3-3 this bowl season, with Alabama, Texas A&M and Mississippi still to play.


"We got outcoached and outplayed," Florida coach Will Muschamp said. "That's what I told the football team. That's the bottom line."


Gators quarterback Jeff Driskel, who had thrown only three interceptions all season, turned the ball over three times on two interceptions — both tipped passes — and a fumble. He finished 16 of 29 for 175 yards.


Down 33-10 midway through the fourth period, Florida tried to rally. Andre Debose scored on a 100-yard kickoff return and Driskel threw a TD pass to tight end Kent Taylor with 2:13 left. But when Louisville defenders piled on Driskel to thwart the 2-point try, the game was essentially over.


Florida didn't score until Caleb Sturgis's 33-yard field goal early in the second quarter.


The Gators finally got in the end zone with a trick play in the closing seconds of the half. They changed personnel as if to kick a field goal on fourth-and-goal from the 1, but lined up in a bizarre combination of swinging-gate and shotgun formations and handed off to Matt Jones.


The Gators tried to keep the momentum with a surprise onside kick to open the third quarter, but not only did Louisville recover, Florida's Chris Johnson was called for a personal foul and ejected for jabbing at Louisville's Zed Evans. That gave Louisville the ball on the Florida 19, from where Bridgewater needed one play to find Copeland for his score.


"We game-planned it and felt good about it," Muschamp said of the onside kick attempt. "We wanted to steal a possession at the start of the second half."


On the following kickoff, Evans cut down kick returner Loucheiz Purifoy with a vicious low, high-speed hit that shook Purifoy up. Soon after, Driskel was sacked hard from behind and stripped by safety Calvin Pryor, ending another Florida drive with a turnover.


"We had the right attitude, had the right mindset that we would go out and beat this team," Pryor said.


After Louisville native Muhammad Ali was on the field for the coin toss, the Cardinals quickly stung the Gators. Floyd, one of nearly three dozen Louisville players from Florida, made the play.


Driskel was looking for seldom-targeted Debose, who'd had only two catches all season.


"I threw it behind him, (he) tried to make a play on it, tipped it right to the guy," Driskel said. "Unfortunate to start the game like that."


When Louisville's offense got the ball later in the quarter, the Florida defense, ranked among the best in the nation this season, sought to intimidate the Cardinals with one heavy hit after another.


One blow by Jon Bostic knocked Bridgewater's helmet off moments after he'd floated an incomplete pass down the right sideline. Bostic was called for a personal foul, however, which seemed to get the Cardinals opening drive rolling. Later, Wright lost his helmet during a 3-yard gain and took another heavy hit before he went down.


Louisville kept coming.


B.J. Butler turned a short catch into a 23-yard gain down to the Florida 1. Then Wright punched it in to give the Cardinals an early two-TD lead over a team that finished third in the BCS standings, one spot too low to play for a national title in Miami.


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How Donald Trump hijacks U.S. media






STORY HIGHLIGHTS


  • Howard Kurtz: Donald Trump said the GOP can go nuclear in budget showdown

  • Kurtz: It's remarkable that Trump draw attention no what what he says

  • He says it's so easy to hijack the media in the age of Twitter

  • Kurtz: Journalists like sexy stories but shouldn't lose focus of what's important




Editor's note: Howard Kurtz is the host of CNN's "Reliable Sources" and is Newsweek's Washington bureau chief. He is also a contributor to the website Daily Download.


(CNN) -- After a year of national gridlock that ended on the precipice of a cliff, Donald Trump went nuclear.


The man who called Barack Obama's re-election a travesty said Republicans could gain control of the budget showdown because they "are sitting there with a nuclear weapon": the specter of voting against a rise in the debt ceiling in the coming weeks. In other words, the GOP could get its way by again threatening to push the country into default.


The remarkable thing here is not Trump's apocalyptic advice but that the man who still doesn't concede that the president was born in Hawaii draws attention no matter what he says. The colorful businessman has a knack for hijacking the media -- and he's hardly alone.


Watch: Hey Fox, Hillary Clinton was sick after all



Howard Kurtz

Howard Kurtz



In fact, one of the most striking developments in recent years is how easy it is to carry out the hijacking. You don't need a weapon, nuclear or otherwise. You don't have to be a famous zillionaire to pull it off. In the Twitter age, almost anyone can capture the spotlight for 15 seconds.



We're so easy. If it's new, novel or naughty, we are there.


A critical mass of tweeters hijacked the presidential debates by turning Big Bird and "binders full of women" into trending topics. What, you thought what was most important was what the candidates said during those 90-minute face-offs? Nope, it's just as much about winning the post-game chatter. A single "oops" by Rick Perry enables the press to wipe out everything else that was said.


Watch: Are critics being too harsh on Chelsea Clinton?


Clint Eastwood, telling Obama (in the guise of an empty chair) to perform an anatomically impossible act? That hijacked Mitt Romney's convention.


Eric Fehrnstrom inadvertently hijacked his boss' campaign when he compared Romney's election strategy to an Etch A Sketch. Nothing like a kid's toy to seize the attention of grown-up journalists.


Any invocation of a celebrity has great hijacking potential, even if the story is a sprinkling of fairy dust.


The political press recently surrendered to the notion that Ben Affleck might run for John Kerry's Senate seat in Massachusetts. This was based on nothing more than local chatter, amplified by Politico. Affleck shrewdly kept the door ajar -- such speculation helps in the gravitas department --but on Christmas Eve, he gave the press a lump of coal by admitting he wasn't running.


Watch: Were the media swept away by fiscal cliff madness?


Next the media got excited by the idea that Ted Kennedy Jr. would run for office -- until he quickly popped that trial balloon.


Sometimes the hijacker wants no part of the limelight but is swept along for the ride.


Paula Broadwell was embedded in the nation's consciousness for weeks after her affair with David Petraeus prompted his resignation as CIA director. And her romantic rival, Jill Kelley, became a captive as well.


Racial tension can grab the media's attention like few other issues.


There are more than 15,000 murders annually in the United States, but only a few move beyond local headlines. The killing of Trayvon Martin, initially overlooked even in Florida, became a national sensation once activists persuaded the media that race played a role in the teenager's shooting (a perception deepened by NBC's misleading editing of George Zimmerman's 911 call). Week after week of routine murders in cities such as Chicago barely register on the radar.


Most journalists gravitate toward sensational and sexy stories (and I haven't been immune to the temptation) because we want the clicks and the ratings. And perhaps to alleviate our own boredom with the daily grunt work of reporting. The on-and-off negotiations over the fiscal cliff have been tedious and incremental. Along comes Trump and boom, you've got an easy headline.


The problem with all this media hijacking goes beyond the strange twists and turns along the way. It's that we cede control of what's important.


Follow us on Twitter @CNNOpinion


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The opinions expressed in this commentary are solely those of Howard Kurtz.






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