globalEDGE Blog - Page 19

Retirement savings are crucial for individuals who want to live a comfortable life during their golden years. However, not all Americans have equal opportunities to save for retirement, and there is a significant racial retirement savings gap that affects many communities of color. In this blog, we will explore the causes and consequences of the racial retirement savings gap and discuss a possible solution with state IRA programs.

The world Baseball Classic starts at the beginning of March. It is a three-week baseball tournament, including teams from all over the world. The World Baseball Classic is similar to the world cup for Soccer, with teams playing in different groups. The top two teams from each group move on to the tournament. The tournament will occur in the United States (Arizona and Miami), Taiwan, and Japan, which is decided based on the country’s location.The World Baseball Classic happens every four years, but due to the COVID-19 pandemic, the Classic had to be postponed to 2023, but now, the economic boosts given to host countries is likely to occur once more.

Crypto gaming distinguishes itself from traditional gaming by providing gamers with a level of transparency that enables them to own the assets they earn and purchase within the crypto gaming world. In comparison, traditional gaming usually does not offer such ownership rights to gamers, and the assets owned by players in traditional games tend to hold little value outside of the game.

It is a turbulent time for the job market of the tech industry. Many companies’ demand for workers in this sector has changed drastically over the past few years. In 2020, various tech industries took part in hiring sprees in response to the surge in consumer demand for digital goods and services that skyrocketed due to the pandemic. Additionally, many companies hired new employees on a full-time salary instead of on contract.

Artificial Intelligence (AI) is a rapidly growing field revolutionizing businesses’ operations. From automating repetitive tasks to predicting customer behavior, AI transforms how companies do business.

The current earthquakes seen in Turkey are a devastating event that will have ramifications in all sectors of life. In this blog we will be discussing the economic impact. The recent 7.8 earthquakes in Turkey will significantly impact the Turkish economy, which will ripple throughout the world economy. Turkey has the 19th largest economy in the world at nearly 1 trillion USD. Economic consequences of this disaster are seeming to be high inflation, a collapsing stock market, and a devastated agricultural sector.

The international tax reform has been discussed for many years. However, we are now entering the year of its suspected implementation. So, what is the international tax reform, what will it mean for businesses, and what is still being debated on it?

Originally known as the Renault-Nissan Alliance, the Renault-Nissan-Mitsubishi Alliance is a French-Japanese strategic alliance involving the automakers Renault, Nissan, and Mitsubishi Motors, which collectively account for more than 1 in 9 automobiles sold globally. Since 1999, Nissan and Renault have worked together strategically. Together, they employ nearly 450,000 people and manage eight leading brands: Nissan, Mitsubishi, Infiniti, Renault Korea, Dacia, Alpine, and Venucia.

While COVID-19 infection rates may be dropping, healthcare systems in several countries are falling apart. Britain's public healthcare system, the National Health Service (NHS), has been overwhelmed like never before. The NHS, once a source of pride for many citizens of the United Kingdom, now has citizens criticizing the system and calling for improvements.

The fashion industry is a renowned industry with a deep history. The market took a deep plunge in 2020 but is recovering to levels not even before the 2020 drop. However, the market shift towards sustainability surprises companies as many push to adapt.