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Saudi Aramco, the state-owned oil company of Saudi Arabia, is increasing oil production in advance of its partial IPO. While global oil production has been decreasing, Saudi Arabia has decided to stop regulating production levels and dismissed the idea of stabilizing global supply and demand. The oil giant is preparing for its first public offering, offering about 5% of the company.

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globalEDGE is a fantastic resource for discovering new information about the changing Caribbean business climate. Our CARICOM trade bloc section provides more details about the Caribbean Community. Upon visiting this section, you will find a brief history of the trade bloc as well as statistics and related agreements. Also, globalEDGE has compiled a list of external resources for those interested in exploring the Caribbean business area in greater depth. Some examples are listed below.

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Recent investments by U.S. companies into Indian-based startups are proof that there are innovative tech companies in places some companies may have never thought to look. Startups in emerging markets are increasingly catching the eyes of foreign investors. As of 2013, only 15% of India’s population had internet access. However, this is a number that has more than doubled since 2010. As India and other emerging economies become better connected from a digital perspective, more and more tech companies will emerge.