By supporting for a on the United Nations , President Barack Obama positioned the for a long-term political and economic partnership with the emerging nation. While much focus has been put on the political alignment of the United States and India against their rivals in and , there are also great opportunities for business partnerships to emerge. As is often the case, strengthened political ties may lead to strengthened economic ties as well.
globalEDGE Blog - Page 253
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Just recently, on November 8, 2010, gold reached its non-inflation adjusted high of . As shown in this chart by , gold has been increasing at a very rapid pace in the past year. This has prompted many investors to say that gold could potentially be the next “bubble,” or a security that has a huge increase in price only to suddenly “pop” and decrease rapidly in price. However, there is evidence to contradict these fears, especially in the U.S. bond markets.
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The green movement is something we have been hearing a lot about. Reduction in paper, reusable products, solar energy, you name it and it has been in the news. The refreshing news now is to see who is actually making the changes.
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China has recently come under pressure from Europe for its domestic bias to companies competing for public construction contracts. While China has had to loosen the wording of laws after coming under fire before, many companies are up in arms after trying to endure some of the trials entailed in entering the Chinese economy.
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Today, immigration is often regarded as an economic threat because jobs are believed to be stolen by immigrants. However, a published by the National Bureau of Economic Research contradicts this popular bias. The results of the study indicate that immigration encourages business activity and produces more jobs for a . You may be asking yourself: “How can immigrants competing with domestic labor for jobs, actually create more jobs?” There are several reasons which help answer this question.
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Is it possible that corporate social responsibility, one of the most popular trends in modern business, is an for any profit-driven organization to pursue? Is the pursuit of the triple-bottom-line (people, planet, profit) contrary to the value that corporations provide for society? Ann Bernstein, the leader of the in argued in her that it is more valuable for companies to focus solely on profit while leaving people and planet to fend for themselves, especially in developing nations.
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sales have been the center of ’s exports for years (up to 1/3 of total exports), but recently sales have been on a steep decline. Many carpet firms in Nepal have gone under due to the extreme decline. There was once over 3,000 in operation but now only around 600 remain. While there are still hundreds of carpet companies in Nepal, they say that they will need help from the government in order to stay on top of this global market.
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China remains a robust destination for a gamut of businesses. The country offers a particular wealth of advantages for manufacturing companies. Often solely regarded as a region for inexpensive labor, China also offers an increasingly sophisticated range of manufacturers and workers. Today, China accommodates the entire span between high quality manufacturing needs and orders for manufactured commodity goods. For most global companies, perhaps the most important benefit of establishing a presence in China is the fuller access into the Chinese market that this provides. But what is the best way to navigate business operations in China?
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The love to own their own property and home. In the past 20 years, the value of their homes had for the most part increased dramatically, creating a solid investment in something the Irish cherish greatly. In the past year however it’s been a different story, the bubble finally burst. Most of the property values have been cut in half. Many are now owned by banks, and most toxic loans are bundled into a nationalized body called the National Asset Management Agency (NAMA). The government bought out many banks to a tune of 50 billion euro. The bond market in Ireland is in major trouble. Many experts are saying there is a huge need for leadership in not only Ireland’s government, but in Europe as a whole (or the European system may possibly collapse).
The lore of leaving is engrained in the Irish culture. There were 27,700 emigrants this year, an increase of 42%, due in part to unemployment being at 13.7%. In the short run, emigration is just a safety valve. However there is still hope in Ireland. Watch the video to see how George Boyle dealt with her company going bankrupt, and how she stimulated her own micro economy of sorts.
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Dubai, one of the seven emirates of the , faces major environmental problems after years of rapid urbanization and business growth. Located in the desert south of the Persian Gulf, Dubai’s biggest challenge is providing fresh water to its residents. However, the city has many other problems including waste management and sewage treatment operations. Despite being situated on vast oil reserves, the region is also running low on energy sources to support its lifestyle. On top of these complications, the United Arab Emirates (UAE) is preparing for a population boom this upcoming decade. Therefore, concepts of sustainability and environmental issues are becoming very important to businesses and citizens of Dubai.