As the National Basketball Assocation, or NBA, continues to mark the beginning of its 78th season, it is interesting to consider the places the league is headed in terms of international attention. This NBA season sees a historic high of 125 international players on opening-night rosters, hailing from 40 different countries and regions across six continents. This season, the league expects to reach over 200 different countries and present their games in more than 50 separate languages.
globalEDGE Blog - Page 8
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During the pandemic, many companies and services had to be halted due to national rules across the world. A major halt was in the traveling industry where companies such as cruise lines were not able to operate for over a year. Since the Covid-19 pandemic has died down and borders for travel opened, vacationing has become very popular across the world. In the post-pandemic world, the major cruise lines have made a comeback and are being used by thousands of vacationers.
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As social media keeps dominating our world, there is no denying that it has also collided with many different industries across digital marketing. One of the specific digital platforms that has made a dynamic change over the past few years has been TikTok. They have gathered a massive following with a staggering 1 billion monthly users as of 2023 and will only continue to grow. There is no doubt that with the number of users on this platform, they will have the leverage to keep increasing their profits by gathering new up and coming creators and touching more specifically on the music industry.
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Corporate America and foreign countries have seen China as the world’s factory for decades. Its hundreds of millions of consumers called it “one of the biggest opportunities,” and predictions were made that this would be “China’s century.” China became a major manufacturing hub in the late 1970s and early 1980s, opening the country's economy to foreign investment. Yet, that is all set to change as foreign companies shift investments and their Asian headquarters out of China.
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The podcast industry has grown astronomically worldwide over the past couple of years. Its popularity took off during the height of the pandemic, when many people found themselves with lots of free time to listen to and record podcasts, and it has been taking off ever since. The ability to listen to podcasts while doing chores, cooking, and driving creates an immense amount of flexibility for listeners. It can be put on in the background of almost any task, drawing more people in towards audio content.
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The arrival of smartphones in the early 2000s marked a watershed moment in the world of photography. Film and digital cameras, once the unrivaled champions, suddenly faced formidable competition. In a surprising turn of events, digital cameras are making a stylish comeback, becoming an essential accessory in social media, especially adored by the younger generation for their “it-girl” charm.
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The coal industry is undoubtedly one of the world’s largest energy sources. According to statista.com, coal has been the second-largest energy source consumed in the world since at least 2019. The sector accounted for over a quarter of the energy consumption in 2022. Along with oil, natural gas, and petroleum, coal is considered a fossil fuel.
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The El Nino-La Nina cycle is a naturally occurring phenomena- resulting from interactions between the ocean surface and atmosphere over the tropical Pacific- that been going on for hundreds of years, with episodes happening roughly every 2 to 7 years. The El Nino and La Nina patterns are opposing climate cycles in the Pacific Ocean. However, with rising surface temperatures in the sea, the effects of El Nino are beginning to compound.
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Singapore’s economy has seen a dramatic transition in recent years, with the exponential rise of its digital industry. This explosion of the digital economy has had a profound impact on many sectors and has been essential to Singapore’s economic development.
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The Himalayan glaciers constitute a vast glacier system stretching over 2,000 miles across India, Nepal, Pakistan, China, and Bangladesh. As global temperatures continue to rise, these glaciers face a large threat.