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globalEDGE Blog - Page 220

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The is hosting a webinar to highlight the new opportunities and positive outcomes from the recent free trade agreement with Korea. took effect earlier this month on March 15th and has provided many new business and possibilities. Billions of dollars in tariffs are expected to be eliminated due to this new agreement. It is estimated that up to 95% of bilateral trade with will be duty free within the next 5 years. This will benefit a wide variety of industries: agriculture, services, financial services, and more!

This webinar, which will detail more specific benefits, will be held on April 12th from 2-3pm EST and does require a $15 fee along with registration. To find out more information and details about the webinar, please visit the . Here you will also find information on how to register for the webinar event!

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Social media has come a long way since its inception. It began as a simple way for communication as a user would send a close by. Now, social media has transformed how people consume news and communicate with each other around the world. It has also empowered the masses, which before never had an outlet or an easy way to communicate and organize ideas. Before, top media companies controlled what issues would be covered, and the view that would be expressed. With social media, this idea is turned upside down. with the same view can determine what is important and bring attention to the issue. Examples of this include the revolution in Libya, Egypt, Syria, and the Occupy Wall Street movement.

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As the date of the creeps closer and closer, interest in the stocks of has been growing.  This is especially true among social media companies that have recently begun trading their stocks publicly.  Social networking companies in the , as well as in Latin America and China have seen their stock prices increase significantly thus far in 2012.  As social media grows more and more popular, stocks in this industry are receiving a lot of attention.

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With many companies spending years building a brand and strong image among its customers, few would imagine this task can completed in a relatively short period of time. However, this is exactly what’s possible with social media. In the past years, businesses have increased their use of social media platforms to market products, build a dominant brand image, and interact with their customers. It has come to a point where businesses around the world are focusing less on endorsing their products in advertisements and more on promoting their or account. Now the question is: How does the expanding social presence of companies impact business performance worldwide?

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It seems as if every and business discussion has some tie to social media. From stories going instantaneously viral due to the power of social media, to businesses using it as a marketing tool, to talks of ; social media can be seen everywhere. What’s all the buzz about? That is what we are going to be investigating in this week’s ! The globalEDGE blog team will be exploring the impact that social media has on international business. Today’s post will provide an introduction into the world of social media and how we here at globalEDGE use social media in our new .

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In today’s technology driven society, web browsers are very important as people spend many hours using the internet for business needs or gathering information from sources around the world. A few weeks ago, worldwide for a single day, edging out the long-standing dominance of Internet Explorer. Claiming the top spot for only one day may not seem like a noteworthy event, but how Google Chrome was able to take the lead is very important in terms of international business.

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It appears that Saudi Arabia is attempting to become more open to foreign direct investment. Currently they are a large exporter of oil. Saudi Arabia exports . Since oil prices are high this has benefited Saudi Arabia, but they are attempting to plan for a less oil dependent society in the future. In order to do this, they will need to in operation in the country and work more with foreign investors.

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As economic continues to make foreign markets more accessible, opportunities for small businesses to export abroad remain on the rise. In response to the ongoing global recession, the federal government has recognized the importance of small business owners, and the crucial aspect they play in a successful economy. Stemming from the government’s , many small businesses have stepped out of American markets and found success through exporting abroad, such as the .

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When globalEDGE released its for 2011, it’s no surprise that Asian countries dominated the top of the rankings. For several years now, countries in Asia have been considered the leading emerging markets in today’s economic climate. This year, found itself as the highest rated emerging market in the MPI rankings. Looking at Singapore, there are several factors that contributed to its success in this year’s rankings.