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globalEDGE Blog - Page 262

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A nation's basic system of transportation, communication, building and maintaining road, bridge, sewage, and electrical systems provides millions of jobs nationwide. For developing countries, building an infrastructure is a first step in economic development. It is needed for a country to be efficient and productive. Without a good infrastructure in a country, an economy cannot thrive. Businesses cannot grow and be competitive with similar firms elsewhere.

KPMG recently released a report called "," which displays the most exciting infrastructure projects from around the world, as selected by independent judging panels due to their scale, complexity, innovation and impact on society. This is a showcase of the most interesting infrastructure projects from around the world. There are different categories from water, power, renewable energy, rail, roads and education among others.

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We all need vegetables in our diets, but many people also base their entire business off of these healthy foods. Research from the University of Massachusetts shows that the vegetable industry is beginning to be heavily . This is good news for farmers all over the world. Supermarkets and restaurants are looking to expand their markets by offering more exotic options. Areas like , and produce several exotic vegetables that the United States has started to take interest in. This could help smaller countries who are heavily dependant on agriculture and are looking to increase their exports.

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has received good news.  There are now more optimists among for the first time since 2008.  Japan has the world’s second largest economy, and things are starting to look up as the country has struggled in past years to overcome its financial slump.  One of Japan’s key banks released a report which showed that business manufacturers are improving for the fifth straight quarter, as exports such as gadgets, cars, and other goods are on the rise.  The number of businesses reporting that conditions are good is higher than those reporting unfavorable situations, allowing Japan to look forward to future growth. 

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A lot of activity has been taking place in lately.  The World Cup has been drawing constant attention to Africa, and recently five east African countries made history by forming a common market called ).  Kenyan President Mwai Kibaki launched the EAC this week with , , , , and all agreeing to take part in the effort. This agreement will better allow people, products, and capital across borders, leading to improved trade and employment opportunities. 

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As of today (July 1st), has significantly relaxed the visa restrictions for tourists allowing the single fastest-growing group of overseas travelers, the , to be able to travel to Japan. These new regulations will enable another 16 million households to be able to apply for a trip to Japan. This is 10 times the amount of tourist visas that were available before the new regulations. Up to now, Japan had strict regulations regarding visitors from their neighbor to the west; only allowing wealthy Chinese with high annual incomes to travel to Japan. The massive influx of Chinese travelers will hopefully result in a jump in income for many in Japan.

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It's something that's been the lore of science fiction novels and movies-- a wild, futuristic dream... the flying car. It's been deemed so difficult to pull off, that not many have tried to make one. If a flying car were made at a relatively affordable price, the demand for it would be huge. A flying car being the stuff of dreams is no more: the !

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The auto industry has certainly gone through hard times these past few years, and now it is trying to rebuild itself. Part of the comeback is restructuring the companies, and finding ways to cut costs. This is often done by offshoring the manufacturing portion to countries that demand lower wages. is one of the countries that will see the benefits of this move in the next few years.

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The Financial Times each year based on a number of factors. These include alumni salaries and career development; the diversity and international reach of the business school and its MBA programme; and the research capabilities of each . There are interesting subsets such as the percentage of international students and the international mobility rank, which tells you whether alumni are working abroad or not. Check out the top ten below, and the complete listing !