Angela Merkel, the current chancellor of , has been reigning over the country for 8 years. Her approval rating of 71% seems expected when you consider the 2014 estimated GDP growth in Germany. Compared to the average of 0.25% Germany’s domestic demand and increase in construction have been great assets to the country’s economy. .
globalEDGE Blog - Page 172
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The have been redesigned to provide additional economic information covering the entire spectrum of a country’s economy. The new pages have an interactive interface, where you can find the major economic indicators of a country alongside time series graphs of these selected indicators. The page showcases reliable economic information from various globally known organizations. There are six different sections on the new page including economic facts, GDP figures, economic indicators, labor & employment figures, and trade values. A radar graph is available in the last section, where the economic snapshots of countries are represented using a percentile rank system on six different dimensions. The radar graph may be utilized as a useful tool to compare the economies of countries.
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The , despite its recorded 28% growth rate over the past decade, has due to the crisis in and changing economic and ideological ties towards the European Union throughout former Soviet satellite states. , and especially Venezuela, has experienced a 61% growth rate of its military expenditures since 2004, which is great news for a needy Russian defense industry that has seen the disappearance of its primary trading partners of Eastern Europe, , , , and Syria.
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For more than three months now, the online retailing giant has been locked in a feud with the publishing company , which is part of the media group . At first, the feud seemed to start as a pricing dispute over e-books distributed by Hachette. Soon, the disagreements began to multiply and cover even more issues, leading to drastic courses of action by both companies. Booksellers everywhere are nervously anticipating this battle, for whatever decision the two rivals come to will set an important precedent for the relationship between Amazon and publishers. However, it is unclear when this war will end.
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In what would be a great engineering feat, plans for a canal to connect the Atlantic and Pacific Oceans in have been finalized. The idea of a Nicaraguan canal goes back to the 19th century, when officials in the looked into the feasibility of a canal project. Nicaragua ended up being passed over when was chosen as the site for a trans-oceanic canal by Congress in 1902. After the Panama Canal’s construction, talks of a Nicaraguan canal died down until the early 21st century. With increasing world trade and the need for quick shipping, the idea of a second canal connecting the Atlantic and Pacific Oceans was proposed by the Nicaraguan government.
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As South America’s largest market, Brazil is becoming a global player with increasing consumer expenditure. Between 2007 and 2012, Brazilian consumer spending on food and non-alcoholic beverages increased 71.4% due to an expanding middle class, according to Euromonitor. American food and agriculture exporters have the potential to tap into this growing market.
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is a Chinese corporation that operates as a bank, marketplace and a search engine. The company is the largest online retailer in the world, handling 80% of all online retail sales in China. The company handled more money in transactions last year than Amazon and eBay put together. It’s made up of three major websites that have millions of users all over the world. The three main sites are Alibaba.com, Taobao, and Tmall. is a shopping website that gives seven million merchants a place to sell, and is a retail site where major businesses such as Apple and Nike are able to sell products directly to Chinese shoppers. Alibaba does not currently have a date listed for its IPO, but it is . It will be listed on the New York Stock Exchange.
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Over the years, Vietnam has been consistently at battle with the United States over the trade of catfish. The country’s ability to export catfish for a lesser price has made them a top exporter and caused the domestic industry to contract by 60% in the last decade. With local catfish farmers losing money, a so called war was waged starting in 2008 with the introduction of a catfish inspection program by the U.S. Department of Agriculture. And although the program has yet to go into effect, .
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economic depression has changed many aspects of the country, one of them arguably including the abdication of its king, but recent reports have shown that Due to the lack of economic opportunities for Spain's youth, the cost of living, and high unemployment rate, many Spaniards have left the country. Spain experienced it's first population decline in 2012, with statistics now stating that over 310,000 citizens have left the country since the end of 2012. In spite of this, five million foreigners have entered the country's workforce, mostly from , , and other Asian countries in search of bargains for valuable factory properties, water sources, and natural resources.
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A new update has come to globalEDGE's ! The team has worked to change the History pages, originally long paragraphs about the country's histories, into accessible timelines. These timelines detail significant economic, political, and social events that happened to each country throughout their histories and arranges them chronologically. Each country's history page has been updated accordingly and in a manner that is accessible to all readers. Check out the new history pages today!