The tobacco and nicotine industry has significant economic influence, contributing to both global and national economies. This impact spans various business sectors, including agriculture, manufacturing, distribution, and health care. With a massive consumer base, these industries combined generate substantial revenue.
globalEDGE Blog
Publish Date:
Digital advertising stands as a monumental asset in our journey through the 21st century. Its transformative impact began on October 27, 1994, with the inception of the first online ad. Since then, digital advertising has not only persisted but has also evolved into an indispensable force, shaping how businesses connect with their audiences in the ever-evolving landscape of the digital age.
Publish Date:
In an age of rapid consumerism and capitalism, there’s nothing more festive than participating in “Black Friday,” the annual shopping extravaganza of special markdowns and sales. Held November 24, the day after Thanksgiving, this dark weekday originated in the United States in the early 1960s, but has since transcended national borders to become a global phenomenon.
Publish Date:
Economic recessions are one of many phenomena difficult to avoid. As unsettling as they are, many countries around the world are currently going through a recession now. Understanding the causes and potential impacts of a downturn and taking proactive steps is essential to navigating our fast-paced global economy.
Publish Date:
Many advanced economies are experiencing a shortage of labor. Wages are being driven up, sustaining inflation above central bank targets. Weakening labor markets, or wage pressure, is one of the reasons central banks intend to keep short-term interest rates at a higher level for a prolonged period. However, a potential solution to the labor shortage is migration.
Publish Date:
While Black Friday is the biggest shopping day of the year in the United States, bringing in over 65 million dollars last year, there is another, even larger-scale shopping holiday that many don’t know about: Singles Day.
Publish Date:
Almost every large company in the world has used fossil fuels at some point, whether at a federal level or a state level. Restrictions are being placed on how certain corporations handle their carbon footprint. While some companies have pledged toward a more carbon-neutral future, reaching those sustainability goals takes time, effort, and money. This has led to a new industry solely based on carbon dioxide extraction from the atmosphere. The carbon capture and storage industry is on the rise, with Fortune 500 companies investing millions into reducing their carbon credit and billionaires launching their start-ups in the sector.
Publish Date:
During the mid-1970s, wide-leg pants gained popularity among both men and women in Europe and North America. 50 years later, they're coming back in style.
Publish Date:
For the first time since 2014, a worrisome development has occurred in China. Firms have taken more money out than they have reinvested back into the country. For years both foreign and domestic companies funneled their profits back into China. Now those profits are leaving the country, due to changing interest rates, rising wages and increased risk.
Publish Date:
Brazil is now a significant producer of corn, soybeans, cattle, cotton, and other agricultural products worldwide. But this growing agricultural industry is not without opposition, especially when it comes to its part in using the Amazon rainforest.