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In the recent recession, many , some by more than 20 percent. When a corporation slashes their workforce by more than 20 percent, this is called . But companies that have made these deep job cuts may suffer in the longer term.

Recently, Ernst and Young released a affecting business today. These are the key issues that business leaders should be looking at right now:

1. The increasing political and economic dominance of emerging markets will cause global companies to rethink and customize their corporate strategies.

In February 2009, the U.S.-Peru trade promotion agreement (TPA) went into effect. The TPA has had some exciting effects for many U.S. companies. Doug Barry of the U.S. Commercial Service John Simmons, the Department of Commerce’s senior commercial officer in Lima, about how the TPA is helping U.S. businesses.

Trade between and should soon be increasing due to a (STR). Its goal is to help to eliminate some customs, duties, and other taxes that exporters would normally have to deal with when crossing the border between the two countries. Until now, trade between these two countries has not really been encouraged, even though they both have resources the other desires.

Lately has been from around the world, as they look to start new ventures. Breweries interests have already begun in Johannesburg, , and Juba, . At the end of 2008, Africa produced 5% of the world’s beer supply, a number which has continued to grow since then. Although beer production has been popular in Africa since the 1990’s, companies have begun to increase their investments in the continent since African locals have struggled to be able to mass produce the product in the past.

has recently made great strides to . With globalization taking the international business world by storm, many French companies have begun to look for opportunities outside of its close neighbors in Europe. This has caused them to turn to Latin America. This means more business opportunities for French companies and more jobs for South Americans.

When you think of economic globalization, you think of the integration of national economies into the international economy through trade, foreign direct investment, capital flows, and the spread of technology. But one very important one that isn't thought of too much is migration. In the past it was almost unthinkable to leave your homeland just for a job overseas, especially just to look for one. Now it is , especially with the high unemployment rates seen in countries such as the United States, United Kingdom, and Spain (the latter of which is a whopping 19.9 percent!). Meanwhile in other developing economies, especially in Asia, the rates area much more respectable. The unemployment rate in Hong Kong is 4.6 percent, in Australia 5.1, and in only 2.2 percent of the people are out of work.

Hospitals today are fast-paced, frenzied places. The goal, of course, is to get health care to as many people as possible. Hospitals around the world suffer similar problems in that they often have too much to administer, and not enough adequate facilities with which to do so. Furthermore, the types of health care that need to be administered are evolving as well, leaving many places with outdated or ineffective facilities with which to handle them. However, the Compass system some of these problems.

The European Union has committed to the goal of increasing the use of biofuels to 20% throughout the region by 2020. To do this, they have decided to work with and . This agreement will follow recent trends to , and will greatly benefit both Brazil and the EU.

Seasonal rains and high global temperatures have caused many problems for the agricultural industry this year. Many countries rely on agricultural investments for income to meet global food production demands, making this a hard year for many regions. Food insecurity is an increasing problem throughout the world. Food production has been greatly affected by climate change as both heavy rains and dry fields have taken their toll on agriculture.