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Improvement Project of Science Construction CS

Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
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No-takers for US H-1B Visa



11000, U.S H-1B visas remain unused for the first time ever. In fact there is no taker! The mandatory 65000 H-1B visa are most sought after for Indian professionals seeking jobs in U.S. This visa is non-immigrant visa in United States that allows US companies to employ foreign employees in special categories.

In 2008 the picture was different. By April the quota was exhausted and USCIS resorted to computerized draw to determine lucky ones eligible for visa. Last year the the cap was reached by 21st December.

There was steep hike in visa fees from $320 to $2320 by Obama government. This has been done to garner $650million to hike security budget in US- Mexico border. The move was not welcome by Indian IT companies. They raised concern over the issue but failed to deter American policy makers.

There is other story circulating like this that Obama government is covertly encouraging protectionism. Not anymore small and medium companies are getting visa. The bigs are spared so the fall in demand H-1B.
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