While planes are currently one of our world’s fastest forms of transportation, are they our most efficient? Signs point to no, as more and more countries, specifically in Europe, are investing more in rail transportation. In 2022, Luxembourg invested 575 euros per capita in its railroad system, and they weren't alone. Switzerland, Norway, and Austria invested between 300 and 450 euros per capita, further developing their railroad system.
globalEDGE Blog - Page 10
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Spring break. Images of beaches, bikinis, and maybe a fleeting sunburn cross our minds. But beyond the fun, this annual student craze unleashes a surprising ripple effect on the economy.
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Last week, the U.S. Securities and Exchange Commission, or SEC, authorized a new crypto product that could revolutionize the market. The SEC has approved 11 applications to offer exchange-traded funds, or EFTs, to the market. More than 4 billion dollars worth of ETFs were bought and sold during the first day of trading, showing the potential market in the future.
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Over the past few weeks, winter weather has dumped snow and freezing rain across northern and central Europe. As a direct result, uncommon transportation system delays are disrupting supply chains, causing havoc at airports, and stopping road traffic. The recent wave of extreme weather has created many problems that affect businesses and the intricate network of supply chains, going beyond the immediate inconveniences of travel.
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As the globalEDGE team returns from our winter break, we would like to direct your attention to our most recently updated website pages.
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The Space Race was one of the most defining moments of the 20th century. Over the past few years, countries from all over the world have ramped up their space programs. In August 2023, India became the first nation to land near the Moon’s southern pole. Recently, NASA’s future moon mission has been moved back to 2025, leaving the lead for space exploration open to the many government-funded or private space programs.
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Louisiana has stood as a symbol for its rich aquatic life and seafood for four decades, with the Louisiana Crawfish at the forefront. The state maintains its position as the top producer of crawfish nationwide, consistently generating an impressive annual harvest ranging from 100 to 120 million pounds. These harvests contribute over $300 million annually to Louisiana’s economy.
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Welcome back, readers! The globalEDGE Blog is back for the Spring 2024 season. Our student authors have returned from winter break loaded up with new ideas. As always, we will post every Monday through Thursday as we explore the international business world.
The audience’s support is a significant driving force that motivates our team to prepare the best and most timely content for the readers. We look forward to reconnecting with our audience and are excited for the 2024 spring semester!
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As we bid farewell to the Fall 2023 semester at Michigan State University, our dedicated team of student blog writers is set to embark on a well-deserved winter break. They'll be away from the university campus, taking the opportunity to travel and savor the joyous holiday season with friends and family.
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For millennia, the elusive beauty of the Northern Lights have captivated travelers worldwide, proving their magnetic draw. As more and more people flock to the northernmost parts of the world to try and catch a glimpse of the famous celestial light show, the international Northern Lights tourism industry has undergone a remarkable evolution, transitioning from niche interest to burgeoning global business.