We see them everywhere at Easter. Sometimes big, sometimes small, but always looking similar and always looking delicious. I'm talking about the famous chocolate bunny. I don't know about you, but I've had about 5 different kinds, and all had a similar shape. However, a few days ago in , the European Union's highest court ruled on a case about trademarking the shape of this tasty treat.
globalEDGE Blog - Page 291
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Richard Gelfond, co-CEO of IMAX, talks about the company's decision to sign a contract with a company in China due to the potential the country holds.
This deal is expected to increase profits for IMAX and the film industry in general. Furthermore, it will be helpful to the Chinese economy as it introduces a new product to the market with the potential for success.
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One of the most well-known soccer teams in the world is the team Real Madrid. It is mostly famous for being able to afford the best players worldwide – Beckham, Di Stefano, and Zidane in the past and Kaka and Ronaldo in the near future. Recently it offered a world record amount (over $100 million) to Manchester United for their most recognized player – Cristiano Ronaldo. A few months ago some teams were faced with the possibility of bankruptcy but this has never been the case with Real Madrid. Many wonder where Real is getting all this money from when the world is in a recession?
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To many nations, having numerous fields of wind turbines seems like a far-off green dream. , however, has made it into a reality. The Danes are now essentially energy independent, and wind power plays a major role. In 2007, wind power provided nearly 20 percent of the nation’s electricity production and 24 percent of its capacity; proportions nearly double that of the next highest country. The Danish company Vestas has emerged as the top manufacturer in the world of these wind turbines, which are in high demand. Executive Erik Therkelsen says, "If we can make a turbine, it's sold." So what does this mean for the ?
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The dollar has, for a long time, maintained its position as the world’s reserve currency. That fact, though, could be changing. As the debt of the U.S. government grows, it is possible that the dollar will lose its significance and subsequently its role as the world’s reserve currency, most likely to 's yuan. The ‘safe haven’ aspect of the dollar will not be easy for China to overcome, but with , it could be possible. Furthermore, .
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For three and a half years Porsche tried to take control of the much larger Volkswagen. Finally they gave up on that idea and agreed to a merger instead. This merger is supposed to create an “integrated leading company” which will include VW’s nine brands and Porsche. However, details about the merger are not clear and many believe the deal will end up falling through. Furthermore, after years of quietly buying up shares of VW, Porsche now owns over 50% of the company. These share purchases increased Porsche’s debt levels, and the company is now beginning to show some signs of financial strain.
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Last week in Amsterdam, the first of 1,200 households installed energy-saving systems aimed at cutting their electricity costs. Additionally, banks ING and Rabobank provided access to financing for the purchase of energy-saving light bulbs and efficient roof insulation. Actions like these are the beginning of a to make Amsterdam’s infrastructure smarter, greener, and more eco-friendly.
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It’s nothing new for tourists to visit a place in order to do something that would be prohibited where they live. Whether it’s lower drinking ages, legalized drugs, or legalized gambling, some places thrive off of such . , for example, serves as a sort of liberalized haven for many of those living in Islamist . The country's lenient drinking laws have attracted Saudi escapists, who in turn contribute nearly ten percent to Bahrain’s economy. So why are Bahraini legislators contemplating and imposing near-total prohibition?
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and exporters received good news last February, when a new trade promotion agreement between the countries took effect. The agreement has a number of upsides for both countries, such as the fact that 80% of U.S. goods exported to Peru now enter duty-free.
Check out this from the International Trade Administration for more details on how your business can take advantage of the agreement.
You can also learn about other trade agreements with in from the Small Business Advocate
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Even after Google's little shutdown at the beginning of May, CEO Eric Schmidt is still predicting that cloud computing technology would elminate the need for software. Businesses and individuals would be able to access their information or programs, stored on a central server, from anywhere in the world. This would completely revolutionize the way that businesses communicate with eachother around the world. Check out this neat little interview from CNN Money on the future of server based applications.