Global Rebalancing / 04.18.18

Movie attendance slumps in U.S., Canada but strong overseas

Global Rebalancing / 03.29.18

Cleaner fuel – or fuel cleaner?

The Wall Street Journal reports the owners of 60,000 cargo ships are bracing for tighter emissions rules that are forcing them to make a multibillion-dollar choice: Start buying cleaner-burning fuel or invest in a device that treats the ship’s exhaust before letting it out.

Global Rebalancing / 03.19.18

The steaks are high

Australia’s richest woman, Gina Rinehart, is boosting her cattle herd in the world’s third-biggest beef exporter to serve up more premium steak to discerning customers in China, reports Bloomberg.

Global Rebalancing / 02.28.18

Flying flowers

According to the Wall Street Journal, a logistical logjam with global airborne trade threatened to damage the most profitable – and romantic – time of the year for one of the world’s top rose exporters: Kenya.

Global Rebalancing / 02.21.18

Cost of hosting the Winter Games

Cities around the world compete to receive the honor of hosting the Olympic Games. However, data shows that every Olympics since 1960 has gone over budget.

Global Rebalancing / 02.13.18

U.S. sells oil in the Middle East

In a trade that illustrates how the rise of the American shale industry is upending global energy markets, the United Arab Emirates (U.A.E.) bought oil directly from the U.S. in December, reports Bloomberg.

Global Rebalancing / 01.25.18

High-speed rail causing turbulence for airlines

Across Asia and Europe, high-speed rail is providing a competitive alternative to air travel on comparative routes, in terms of price and door-to-door speed, reports Bloomberg.

Global Rebalancing / 12.20.17

India hopes joint venture will cut imports of high-grade auto steel

Reuters reports that, according to sources, state-owned Steel Authority of India Ltd. (SAIL) is set to approve a long-proposed $1 billion joint venture with ArcelorMittal at its board meeting in December.

Global Rebalancing / 12.14.17

Where’s the milk to go?

One in every eight Irish jobs is in agriculture and food processing, or agrifood, reports CNBC. In the U.K. province of Northern Ireland, where 1.8 million people live, the agrifood industry accounts for about 70,000 local jobs.

Global Rebalancing / 11.30.17

Forging two rail giants into one

With historic factories located deep in the European heartland and billions of dollars’ worth of contracts with local train operators, Siemens AG and Alstom SA are big players in the European Union’s rail-equipment market, according to Bloomberg. Yet, the companies are expected to win antitrust approval for their planned merger – with some strings attached.

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 / 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 / 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.