With the holiday season coming up, shoppers all over the United States are preparing for Thanksgiving weekend. Unlike the general perception of a sizeable majority of the American public, Black Friday and Cyber Monday are nowhere near the biggest shopping events in the world. That title is reserved for Singles’ Day, the biggest shopping festival in China.
globalEDGE Blog
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International Trade is the backbone of all of the largest economies in the world. China, the world’s largest exporter of goods, has completed the construction of a new port that will open a new trade highway in the Pacific Ocean.
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Streaming platforms are on their way to dominating the global music industry. There hasn’t been a significant shift in how listeners consume music since the evolution of the mp3 audio files in the mid-90s.
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As we continue to witness and experience various shifts in the economy, many factors come into play that lead to global problems. These include climate change, natural disasters and country debt. However, Ireland is facing a rather unusual problem; they have more money than expected this year.
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Companies and investors in the United States and the United Kingdom have been implementing strategic changes due to the recent earnings season. Many are trying to take advantage of new post-election laws that affect trade, taxation, and investment incentives.
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The North African nation of Libya has been embroiled in numerous political and military conflicts, including the Libyan Civil War, which lasted from 2014 to 2020. Today, the country faces an internal conflict that affects the rest of the world; a political dispute over the nation’s central banks may greatly affect the global economy.
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New president-elect Donald Trump has proposed several new policies, including one that involves establishing tariffs on countries around the world. However, many economists are worried about the subsequent impact on the United States and the global economy.
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Europe has seen different fiscal challenges across its governments. While Germany faces restrictive debt policies, Ireland struggles with a cash surplus and France prepares to raise taxes on the wealthy and corporations. Each country’s approach to its unique economic situation illustrates the diverse fiscal landscape within the EU.
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The holiday season is approaching, and as more and more customers flock to prepare their online carts, companies are preparing for the returns and exchanges that will follow. Online shopping, originating in 1979, has become the preferred method for many consumers. This method of shopping has a long list of advantages, but there tend to be some frustrations when it comes to returning items.
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As the United States gears up for a pivotal election day, the showdown between Democratic candidate Kamala Harris and Republican candidate Donald Trump stands to reshape the global business landscape.