This week we will be posting a series of blogs examining the increasingly important economic relationship between and the . We will cover a variety of topics, ranging from trade, to high finance, to manufacturing. We hope you enjoy it!
globalEDGE Blog - Page 288
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The World Trade Organization recently released their It is very interesting to see what is actually happening to world trade right now. The situation appears to be darkening. After forecasting a 9 percent decline in world merchandise trade just last month, they now foresee a 10 percent decline. It seems as unemployment rises, global demand will be even less.
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MSNBC gives answers to questions small business entrepreneurs have - but we at globalEDGE like to ponder how this advice would be different if they were overseas. The video presents information that can be helpful to many entrepreneurs and gives advice that can easily be implemented in everyday management activities.
Do you have any thoughts on how the business climate is different internationally?
Visit msnbc.com for , , and
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Beer, actually. To celebrate, they produced a commercial for it, running almost three minutes. Here's a video from Reuters with more details:
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The U.S. commercial service specializes in helping U.S. businesses expand internationally. Recently, they posted on their website which focus on business opportunities in . If you are even considering India as a potential market, you should take a minute to learn from the experiences of people in these interviews.
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younger population is growing quickly, and with that comes a greater demand for energy. Despite an ambitious rural energy program, 400 million people still live without access to elecricity. Approximately one-third of the world's urban residents live in slums. In the city of Mumbai, about half of it's residents (roughly 8 million people) live in these slums. Access to electricity can raise the quality of life dramatically, where now it is hard to do simple tasks such as reading and cooking. Many families must choose between putting food on the table or keeping the electricity running. The desperation resulting from this situation has led to a major problem of people .
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Airline companies across the world are doing everything possible to cut costs and are taking other measures to ensure revenue increases. In Europe, airline company Lufthansa is planning on expanding by overtaking Austrian Airlines. EC officials said that Lufthansa’s chances of attaining the regulatory approval it needs were fading because the company is failing to answer concerns that the merger might reduce choice and hike fares on some routes. The main concern with the merger is that the new company has the potential to become too powerful on certain flights. This is because Lufthansa is Germany’s largest airline company and Austrian dominates routes out of Austria.
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Want to know more about how the top Japanese companies do business?
The Fall 2009 class at Sophia University in Tokyo, has written and narrated a series of podcasts which explain many aspects of Japanese firm management, in addition to presenting the students' perspectives on the issues.
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I thought that hotels were suffering drops below 50% and 60% occupancy in many high touristy areas? What's up with building these all over the place?
Well, believe it or not, there are some locations on the globe that aren't suffering such a setback. Places such as , Dubai, and are really looking at a bright future still. Tourism even increased in Egypt by 15.5 percent from 2007 to 2008. This is where MGM Mirage is teaming with Egypt's New Giza for Real Estate Development to build a brand new MGM Grand New Giza, just outside of Cairo, Egypt. Imagine waking up looking out at those amazing pyramids. Multiple companies around the globe are looking to follow suit.
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Some of the largest and most popular beverage companies in the world have been making some changes in the hope that they will help bring sales up.
PepsiCo announced its plans to invest $1 billion more in over the next three years. This decision is supposed to increase Pepsi's influence in the market in Russia and is also part of a plan to expand in . Furthermore, the investment in Russia is funding various programs to expand manufacturing and distribution capacity such as opening new beverage facilities and snacks manufacturing plants.