After U.S. President Donald Trump’s recent threats to withdraw military aid to Ukraine, European countries have continued to increase their military spending. The U.K., Germany, and Denmark have recently pledged to increase their military spending while Eastern European countries have already increased their spending.
globalEDGE Blog Archive February 2025
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Streaming services are more significant than ever. By the summer of 2023, these services commanded 38% of television viewing, larger than traditional cable’s 31%.
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A new age in the exotic car industry is upon us. On February 4, 2025, Ferrari announced plans to release a fully electric car later this year.
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Shifts to prioritize environmental sustainability are shaking up the automotive industry. Gasoline-powered cars have dominated the world’s automotive transportation market for over a century. However, the negative repercussions that directly result from gasoline-powered vehicles are unignorable.
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Though sports betting in the U.S. has only been legal for a few years, it's already everywhere. A 2022 Pew Research Center survey found that 19% of U.S. adults had placed a bet on sports in the past year.
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Greenland has emerged as a strategic battleground for natural resource exploration as global demand for critical minerals surges. Rich in rare earth elements, uranium, and other valuable minerals, the world's largest island has drawn the attention of governments and multinational corporations seeking to secure essential supply chains.
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Chinese companies are prioritizing their shareholders by paying record dividends and starting large share buybacks. This shift brings China’s business culture closer to international standards, concentrating on investor return.
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Watches have been a statement piece since the 16th century in Europe. Not only does this innovation tell time, but it has also brought history to the mainstream world today.
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Cashews are one of the most popular nuts out there. They’re found in everything from snack mixes to gourmet dishes. But behind every handful of these tasty nuts lies an industry crucial to Ghana’s economy. The country has become a significant cashew producer, supporting thousands of farmers.
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Canada’s home-building industry, once marked by economic growth, is currently facing a series of challenges. The cost of building a home has skyrocketed as many of the factors involved in home building have increased. A few major factors include high borrowing costs, rising construction expenses, a slowing buyer market, and several other challenges.
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In 2024, the world reached a grim milestone: the hottest year ever recorded. This announcement came during the widespread devastation caused by wildfires in Los Angeles, which burned for days, horrifying the nation. Scientists warn that the world has entered a dangerous new era of intense floods, storms, and fires, made worse by human-caused climate change.
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DeepSeek, a Chinese artificial intelligence startup, has shocked Silicon Valley and the global stock market with the launch of its latest AI model. The company’s AI assistant quickly rose to the top of Apple’s App Store, surpassing United States competitors like ChatGPT in just a few days.
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Artificial Intelligence has become a household term over the past year. Over this time, consumption of AI, off all levels, has risen. ChatGPT, the most well-known AI chatbot, has reached 100 million daily users, which will likely continue to grow.
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A nomadic lifestyle isn’t one you typically hear about very often in this day and age. However, "digital nomadism," a lifestyle that combines working remotely while concurrently traveling and hopping from one place to another, has taken the world by storm in recent years.