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.
globalEDGE Blog - Page 4
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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.
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There are over 1.925 billion users on the social media app of TikTok. Initially called Musical.ly, TikTok was bought by Chinese company ByteDance in 2018 and began its global expansion. The previous ban on TikTok in the United States has sparked concerns about its global impact on business, job markets, and digital innovation.
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Mergers and acquisitions often reshape industries, but when a deal involves two iconic companies from different nations, it becomes much more than a business transaction. The steel industry is now focused on Nippon Steel’s stalled $15 billion attempt to acquire U.S. Steel, which has sparked discussions about corporate strategies, global trade, and national interests. This transaction and all its challenges have made the difficulties of handling cross-border investments clear to others.
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As more and more small business owners venture into different industries, there is no denying that there are risk factors associated with starting a business. This can vary from the state of the economy to the latest trends in demand for the business to succeed. Nevertheless, there has been an increase in the number of small business owners within the U.S., reaching over 430,000 new businesses per month in 2024, a 50% increase compared to 2019. Kicking off the new year of 2025, various considerations and influences need to be considered for current and future entrepreneurs worldwide.
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United States President Donald Trump has introduced a 25% tariff on imports from Colombia. This follows Colombian President Gustavo Petro’s decision to reject two Colombia-bound U.S. military aircrafts carrying migrants.
The dual actions are expected to spark ripple effects in international supply chains, impacting business and economies across the globe.