The international trade of consumer products is a regular occurrence and nearly everyone in the world is aware of its role in the global economy. However, how many people are cognizant of the fact that cities use imported garbage from neighboring countries and turn this waste into energy? I am guessing that not many people have heard of this phenomenon. This is exactly what is happening in the city of Oslo, located in southern Norway.
As the world migrates ever more so to the internet it seems like a logical step that a currency would develop for those online. Known as alternative, or more specifically, digital currencies, these relatively new creations have become more popular as internet connectivity has expanded and is also seen as a safe haven for some when more traditional currency markets take a hit.
The International Monetary Fund releases a yearly forecast for countries that will predict the growth of the country. For France and China, the IMF has recently lowered their growth forecast due to a number of different reasons. For France, Paris has lacked a competitive economy and been slow to reform in recent times. For China, credit has been rising too fast along with the debt, and also slow growth economically will coincide with a slower growth in China. These two countries will have to find new ways to generate expansion along with minimizing losses during this slow economic period globally.
From the hustling cities of Asia to the scorching desert cities of the Middle East, business travel is booming in emerging countries. Last year business traffic in the emerging markets of Asia, Latin America, and the Middle East grew substantially and major infrastructure projects are underway to accommodate the rapid growth in these markets. Most emerging cities are experiencing an expansion of airports, hotels, and highway. This trend is further testament to the dynamism and growth prospects of emerging markets.
It is almost undeniable that cloud computing is the future. And when it comes to technology the future is now. Cloud computing is the ability to store, manage and process data in a remote server that is hosted on the internet. Essentially, it is your hard drive but out on the internet so you are able to access it anywhere from any device that is outfitted with internet. The possibilities of this technology are seemingly endless and multinational businesses want in.
As May crawls to a close, the team here at the International Business Center at Michigan State University is gearing up for a highly anticipated event for faculty. Held at our renowned Kellogg Center every other year, the International Business Institute for Community College Faculty is an incredible learning environment for faculty nationwide to expand their institutions on the international spectrum.
A few weeks ago we briefly wrote about the shortage of talent that businesses need and rising educational costs associated with that. Today, we take an in depth look at student debt around the globe and how countries tackle the growing problems that are associated with student loans
Generating international sales is a difficult task for many small businesses around the world. However, there are a countless number of strategies and opportunities that allow businesses of all sizes to accomplish this challenging feat. In fact, one of the best ways to drive intentional sales for your business is to attend international trade shows where you can display your product to interested buyers. The video posted below by the United States Department of Commerce uses the Health Show in Dubai to explain the benefits of attending an international trade show!
International Energy Agency (IEA) reported on Tuesday that the shale oil recently found in the United States will help meet most of the world's oil demand in the next five years. It is significant to the world market as well as to the U.S. itself because it eliminates the threat of future energy shortage and reshapes the U.S energy market and its relationship with other countries.
Today the shareholders of J.P. Morgan Chase & Co. prepare for one of the most contentious stockholders votes of recent memory. One of the main issues centers on Jamie Dimon, who is the CEO of the company as well as the Chairman of the board of directors. Many of those who hold stock believe that these roles should be separated; in the vote last year the proposal was rejected but still received the backing of 40% of stockholders, which is nothing to take lightly. The arguments in favor of this separation range from too much power being concentrated in a single person to a person can only focus on so many things and being CEO of company as large as J.P. Morgan Chase is enough of a task in itself. Regardless of the facts of this specific case, it brings into the question the larger issue of corporate governance. It would be beneficial to see how different countries operate – both in theory and practice – and see how those companies perform under different structures.