The way in which shipping is conducted can have huge implications for consumers and businesses around the world. As talks of sustainability and green energy continue to dominate the energy sector, businesses are looking for ways to make shipping less harmful to the environment. Hence, some companies have begun to that use the wind as the source of energy. The organic and eco-friendly sector has jumped on this idea because the maritime industry is said to currently produce 3-5% of global carbon dioxide emissions.
globalEDGE Blog - Page 205
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A recent report by the Consumer Electronics Association has projected that global gadget spending on electronics will surpass $1.1 trillion in 2013. This study comes days before the 2013 , one of the world’s largest technology-related . What new innovations will the CES 2013 reveal and how will it impact the global economy?
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Policy makers around the globe have all consistently attempted to solve the answer to one riddle: what makes a country wealthy? Every national policy maker in the world is attempting to advance the economic wellbeing of their country. Often, the question is posed as “what makes a country poor” in order to try to find some possible remedies. For instance, why haven’t Canada or Mexico reached the same level of GDP as the US? Why is Egypt much more developed than its neighbors of Libya and Sudan? The answers to these questions have varied from the degree of market freedom () to overpopulation () to a country’s natural resources ().
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Southeast Asia set high expectation for 2013 despite the global crisis, but it was that caught my attention. The country’s economy is expected to . One cause is the substantial increase in public investment for higher quality infrastructure, education, energy and health. Furthermore, there has been an flood of foreign ventures by not only large corporations, but also small business on Thailand’s resources, technology, and human capital. This stream of assets has, in turn, created a new consumer base and .
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In a move that always stirs controversy and can enflame international relations President Evo Morales, of , has moved to nationalize the energy sector by overtaking the largely Spanish owned company, Electropaz. President Morales has accused the Iberdrola, the company based in Spain that owns the majority of Electropaz, of charging to residents in rural areas of the country. Morales argues that under the constitution this move is permissible by acting in the public’s interest.
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With the 2014 deadline set for the withdrawal of U.S. troops from , franchising consultants are starting to turn their attention toward the prospective market. Besides fast-food chains, there are not many American franchises in Afghanistan, but that may soon change as RadioShack begins to establish ties in the region. Other franchises are following suit, despite depressing property values, , and other economic woes. The promise among tech-savvy Afghan businessmen may facilitate economic growth, stability, and employment in the suffering region.
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; it is no longer the poor nation it once was a generation ago. But, it also has a long way to becoming rich. The nation’s economy is the 13th largest in the world, but many experts claim that Mexico has been running under the radar in respect to a for many international business investors.
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For the second year in a row, . The rankings are a result of a survey conducted in 221 cities around the world. In this survey, quality of infrastructure is measured by electricity supply, traffic congestion, availability of flights from local airports, quality of public transportation, telephone and mail service, and availability of water. As businesses continue to expand beyond domestic borders, it is vital for cities that wish to be relevant in international business to have a solid infrastructure.
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Alongside China’s growing assertiveness in foreign policy, businesses in are also being more aggressive in their international business practices. Chinese businesses are increasingly using international acquisitions to expand their presence overseas in various countries such as Canada and the United States. Chinese firms have already and a major aircraft leasing business this past month. Overseas acquisitions by Chinese companies are expected to continue to increase as firms pursue companies in Canada including Nexen, a major . Chinese acquisitions are changing the landscape of international business and may also be an indicator of China’s goal to be the world’s strongest economy.
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Since its inception in 1994, globalEDGE has been dedicated to utilizing its vast amount of resources to connect international business professionals worldwide to a wealth of information, insights, and learning resources on global business activities. As a key function of this goal, the online course modules in globalEDGE’s reference desk have existed since 2007 to provide interactive educational tools for use in the classroom or in executive training. These modules focus on issues relevant to international business and include a case study or anecdotes, a glossary of terms, quiz questions, and a list of references for further knowledge current topics. Partially funded by a Title VI B grant, the modules cover several subjects that relate to international business, such as “Doing Business In” specific regions and tutorials on exporting.