As we continue to witness and experience various shifts in the economy, many factors come into play that lead to global problems. These include climate change, natural disasters and country debt. However, Ireland is facing a rather unusual problem; they have more money than expected this year.
globalEDGE Blog - Page 2
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Companies and investors in the United States and the United Kingdom have been implementing strategic changes due to the recent earnings season. Many are trying to take advantage of new post-election laws that affect trade, taxation, and investment incentives.
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The North African nation of Libya has been embroiled in numerous political and military conflicts, including the Libyan Civil War, which lasted from 2014 to 2020. Today, the country faces an internal conflict that affects the rest of the world; a political dispute over the nation’s central banks may greatly affect the global economy.
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New president-elect Donald Trump has proposed several new policies, including one that involves establishing tariffs on countries around the world. However, many economists are worried about the subsequent impact on the United States and the global economy.
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Europe has seen different fiscal challenges across its governments. While Germany faces restrictive debt policies, Ireland struggles with a cash surplus and France prepares to raise taxes on the wealthy and corporations. Each country’s approach to its unique economic situation illustrates the diverse fiscal landscape within the EU.
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The holiday season is approaching, and as more and more customers flock to prepare their online carts, companies are preparing for the returns and exchanges that will follow. Online shopping, originating in 1979, has become the preferred method for many consumers. This method of shopping has a long list of advantages, but there tend to be some frustrations when it comes to returning items.
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As the United States gears up for a pivotal election day, the showdown between Democratic candidate Kamala Harris and Republican candidate Donald Trump stands to reshape the global business landscape.
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Interested in learning more about international business? Test your knowledge with the recently updated globalEDGE International Business Knowledge Quiz.
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Semiconductors are a massive piece of the puzzle of different types of electronics and vehicles in the automotive industry. The automotive industry is becoming more software and electronic-based, making semiconductors extremely important. North Carolina was hit heavily by Hurricane Helene, causing landslides, historic flooding, and damage throughout the state. A small town named Spruce Pine has mines that produce the world’s purest quartz, a key component in producing global semiconductors. The Spruce Pine mine is the most crucial for the semiconductor manufacturing industry, the solar panel industry, and all the industries that use these components in their products.
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Green finance is quickly gaining popularity in developing economies as more nations realize it can promote sustainability and economic prosperity. Financial operations and investments that explicitly assist climate-friendly and ecologically sustainable initiatives are called “green finance.”