With to a high of 24 cents per pound and the possibility of rising to 30 cents per pound, , the largest sugar-cane growing area in the world, has a few options. Brazilian factories can either continue producing ethanol, which is used for more than 90% of new cars in Brazil, or they can produce sugar, which can be sold 40% above cost.
globalEDGE Blog - Page 284
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, now a prominent figure in the U.S. Government is charged with the responsibility of forming U.S. Commercial policy across the globe. Gary is a recent appointee into the Obama administration and career politician. Prior to his current position, Mr. Locke served two terms as the governor of Washington. Given his new role, the obvious question becomes: How will Mr. Locke’s policies impact global trade? Here are two points to consider:
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As the continues, it is important to understand the nuances of the Free Trade Agreement (NAFTA) which make the implementation of NAFTA’s goals possible. One of the largest barriers to getting the agreement passed, and which still creates issues today are the legal issues surrounding the agreement, as well as how it deals with the differing legal systems of each of the countries involved.
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Why should a small business enter the Canadian and Mexican market? There are a plethora of opportunities in both countries. From a perspective, they are the largest foreign investor in and the most popular destination for Canadian investment. The U.S. exports to Canada exceed their exports to the entire European Union. isn't far behind with the second largest market in the world for U.S. exports. In 2007, U.S. and Mexico two-way trade exceeded one billion dollars a day. I will briefly discuss both the challenges, potential, and strategies for entering both the Canadian and the Mexican market.
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An integral part of the Trade North America Conference are sessions about the North American Free Trade Agreement (NAFTA). It is essential to be educated about NAFTA in order to be able to expand your business in .
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The Trade North America Conference, happening in Detroit this week, is a great opportunity for the Midwest regional business community to learn about today’s trade climate. Underscoring the importance of the event, Undersecretary of Commerce, and former Governor of Michigan, will be speaking. The focus of the conference is to equip businesspeople with information which will enhance their ability to successfully export products to Canada and Mexico.
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What do you do when your cell phone company changes its prices in the middle of your two year contract? If you terminate your contract, you will be charged and you cannot simply say "no" to the changes. Some companies promise fixed rates while the contract lasts; however, in many countries in the world, companies have a policy of "prices are subject to change". The reason why a cell phone company would decide to raise prices is in the hope to make a bigger profit - you either pay the high price or you pay the charge to cancel. However, this is where they go wrong.
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A group of twenty finance ministers and central bank governors, nicknamed the , will be meeting in London this weekend to discuss the . Australian treasurer Wayne Swan provides an overview of some of the proposed directions the G-20 wants to take the global economy in.
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has a very strong impact on how well someone is able to conduct good business in a foreign setting. can be a very important skill to attain. Cultural Intelligence, or CQ as it is commonly called, refers to an individual's capability to funtion effectively across cultures. There is a great way to find out about your own CQ.
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Innovation has always been an important factor in the success of a business. A perfect example is India's Tata Group since it has made innovation a performance criterion for its employees.