Global Rebalancing / 03.15.17

Tennessee and South Korea

Global Rebalancing / 03.06.17

Refugees – training for talent

In the break room at the Dakota Provisions LLC turkey plant in Huron, S.D., employees are just as likely to hear safety instructions in Thai or Burmese as in English, reports the Wall Street Journal. Well over half of the 1,050 employees are Karen, ethnic minorities from Myanmar who have fled their native country.

Global Rebalancing / 02.27.17

U.S. ports see import gain

Imports surged at the nation’s ports in January, buoyed by a postelection swell in consumer confidence, retailer restocking after the holidays and a strong dollar that made imported goods cheaper, according to the Wall Street Journal.

Global Rebalancing / 02.21.17

Ultra low-cost airlines no longer interested in crossing the pond

For at least a decade, Ryanair Holdings Plc CEO Michael O’Leary dreamed about coming to America, bringing the Irish carrier’s insanely low fares to the other side of the pond, reports Bloomberg. A leader among ultra low-cost airlines, Ryanair had global ambitions.

Global Rebalancing / 01.30.17

Indian aviation booming

After a long rough patch, Indian aviation is finally taking off, but that burst of growth is now taking a toll on the industry's infrastructure, according to Reuters.

Global Rebalancing / 01.19.17

Antacids to relieve climate change

As long-term global average temperatures steadily rise, and international efforts to address them fall short, some scientists and engineers are working on increasingly desperate solutions to the symptoms of global climate change, according to Bloomberg.

Global Rebalancing / 01.17.17

Japan dethrones China

According to Reuters, China will soon be dethroned by Japan as the top holder of U.S. government debt. Why? The Chinese central bank has been dipping into its foreign exchange reserves to support the yuan, while its Japanese counterpart has been content to allow the yen to weaken.

Global Rebalancing / 01.05.17

California dreamin’

Hyundai Merchant Marine Co. and Mediterranean Shipping Co. are the leading contenders to buy the biggest container terminal in Long Beach, Calif., according to the Wall Street Journal, in a joint bid that may bolster the Korean operator’s effort to join a major shipping alliance.

Global Rebalancing / 12.22.16

ECB surprise

According to CNBC, the European Central Bank (ECB) announced a continuation of the bank's generous asset-buying program on December 12, although a reduced pace of purchases is set to start from April next year.

Global Rebalancing / 12.19.16

New sanctions for North Korea

Reuters reports the U.N. Security Council imposed new sanctions on North Korea on Wednesday aimed at cutting its annual export revenue by a quarter, after Pyongyang carried out its fifth and largest nuclear test so far in September.

Global Rebalancing / 11.15.16

A surplus of ships

A recent report found that the overcapacity that has plagued ocean shipping firms in recent years will only grow wider in the coming years, according to the Wall Street Journal.

Global Rebalancing / 11.08.16

U.S. elections, global shipping

The Panama Canal Authority’s chief executive, Jorge L. Quijano, is concerned about anti-trade rhetoric taking center stage in the U.S. election campaign, according to the Wall Street Journal.

Global Rebalancing / 10.20.16

Chinese exports and currency

China’s renewed export weakness is coinciding with a clampdown on surging home prices and corporate debt, according to Bloomberg, stoking expectations policy makers will allow further yuan depreciation to buffer the economy.

Global Rebalancing / 10.18.16

An aging base

Japan's small firms, many of which are “mom-and-pop” operations, are dying out as their aging owners struggle to find successors, according to Reuters.

Global Rebalancing / 10.06.16

Ethiopian Engineering

Construction of a Chinese-funded electric railway, linking Ethiopia’s capital city of Addis Ababa along its main trading route to neighboring Djibouti, has been completed, according to the Wall Street Journal.

Global Rebalancing / 08.30.16

An Indian engineer shortage

Indian Prime Minister Narendra Modi’s “Make in India” program, designed to bring more high-grade manufacturing to the subcontinent, is facing a labor shortage, according to the Wall Street Journal.

Global Rebalancing / 09.15.15

Iron Ore Woes

Indian Railways has slashed the cost of transporting iron ore exports for the first time since March of 2012, according to The Economic Times.