globalEDGE Blog - Page 64

Amidst legislative restructurings revolving around Brexit, the U.K. is planning to introduce an innovative tax on large technology firms that hasn’t been done anywhere in the world. Some are considering this tax to be a raid on America tech giants. The tax applies to companies operating certain business models such as search engines, social media platforms, or online marketplaces. Specifically, U.S. tech giants such as Google, Facebook, and Amazon appear to be targeted.

The food industry has always been slow to changes. But with new technologies on the rise and more customer demands, this stubborn industry is slowly adapting. Below are some new breakthroughs in technology that are affecting what we eat and how our food is made.

Have you visited the globalEDGE Business Beat recently? In last week's segments, Dr. Tomas Hult delves into the topic of entrepreneurship in sustainable development around the world. These segments include interviews with the Secretary General of UNCTAD; the Minister of National Development Planning of Indonesia; the  Minister of Economy, Economic Development and Tourism of Chile; the Minister of Trade, Industry and Co-Operative in Uganda; and the Minister of Finance in Zimbabwe. The final segment from last week contains an overview of the World Investment Forum that took place in Geneva, Switzerland from October 22-26.

International Education Week, November 12-16, 2018 is an opportunity for universities, colleges, schools, international organizations, and businesses to celebrate the benefits of international education and exchange worldwide. This is a joint initiative by the U.S. Department of State and the U.S. Department of Education is aimed at promoting programs that prepare Americans for a global environment and attract international leaders to exchange abroad experiences.

With international turmoil in OPEC countries, scientists clamoring over ‘the sixth mass extinction’ due to climate change, and costs finally becoming competitive in comparison to fossil fuels, renewable energy is becoming an increasingly significant industry for the future of the world’s economies.

Helsinki attracts visitors by promising them a vibrant urban culture combined with pure nature. To support its positioning strategy as one of the most sustainable cities in the world, Helsinki has been addressing barriers to a sustainable lifestyle and making sure that the proposed benefits stand apart from those of competing cities. Across the globe, cities and communities are implementing sustainability initiatives and projects targeting greener infrastructure, economic development, zero-carbon mobility, and cultural recreation. But what makes some of these projects more likely to deliver impactful results in the long term? How can some of these initiatives help make communities more sustainable and resilient in the years to come?

Electronic sports, or more commonly known as “eSports” are an online competitive platform allowing video game users to compete through online gaming. Although people have been playing computer games for over 30 years, digitalization has permitted players to gain a following of millions of fans. The global connectivity has also allowed online gaming to become more organized, competitive, and professional.

A roof over your head and a bed to sleep in—shelter is one of the most coveted and widely sought after needs in our world.  With billions of homes built around the world as a way to protect people from the outdoor elements and provide refuge to rest, it’s no wonder that the global real estate market is one of the most highly-valued and invested-in sectors in the world.  Holding a total estimated value of 217 trillion dollars in 2017, 75 percent of which comes from residential property, real estate is a massively important component of the worldwide economy.   In fact, the market is expected to generate 4.263 trillion dollars of revenue alone by 2025.

Whether you’re opening a new business, investing in stocks, or trying to keep up with the increasingly advanced and interconnected sectors; we have gathered information on five of the fastest growing industries.

The world is always looking for the next technological advancement that will bring in money and make everyday life easier. Right now, the fastest startup in the world to reach one billion dollars is Bird rentable scooters. Bird, along with its competitors, Lyme, and Skip, have taken advantage of people's newfound love for easy and fast modes of transportation in crowded cities and around college campuses. This is especially popular with younger people as most of the users are college students or young adults that live and work in cities and have little use for cars. Bird has combined the incredible ability of smartphones with the need for more public transportation and has created apps that allow people to locate scooters everywhere and give them a cheap and easy way to get places quick. This works because of its ubiquitous accessibility. Whenever someone needs one, it is a click away, and when they did, they simply put the kickstand up and continue with their day.