Tag "manufacturing"
Antitrust fines in the EU signal progress on emissions standards
On the 8th of July 2021 the European Commission announced that it had imposed a €875 million fine on a group of German car manufacturers for conspiring to limit the development of clean emissions technology. This is the 7th largest fine ever imposed by the body and demonstrates the EU’s hard-line response to the car industry’s flagrant disregard of international environmental law. Daimler’s decision to alert the Commission to the cartel in order to avoid fines under the 2006 Leniency Notice suggests that new regulatory frameworks are effectively discouraging cartels.
Pressure Mounting on China’s Services Sector
China’s services sector has been instrumental in maintaining its economic growth as its low quality manufacturing advantages erode. Even so, signs of mounting pressure on the sector are becoming apparent.
The modern worker’s dilemma: why are wages falling?
With U.S. economic growth strong and unemployment low, policymakers and economists alike are asking themselves: Why are wages falling?
Price-fixing can only worsen the crisis in Venezuela
The government, instead of forming an exit strategy from the humanitarian crisis, is forcing supermarkets and manufacturers to cut prices at severe losses.
Can U.S. manufacturing really become great again?
Donald Trump promised to revive U.S manufacturing. If these jobs return, and there is no guarantee they will, then certain key factors must be addressed.
Trade and Trump: the US economy in 2017
From China to TPP, Trump has vowed to put America first. In this debate, GRI asked two of its top experts: Will Trump’s protectionist stance help or hurt the US economy?
How Aliko Dangote became the builder of modern Africa
In a continent where few billionaires venture into manufacturing, Dangote, the continent’s richest man, has seized the mantle as Africa’s industrializer.
A Franc Discussion: Switzerland’s currency troubles
The Swiss National Bank is faced with an overheating currency and slumping economy following the decision to abandon the currency exchange rate cap on the Euro. Uncertainty in the EU
Recession ahead for Brazil?
With fiscal adjustment in progress, Brazil’s new Finance Minister announces a trimester of negative growth. However, adverse conditions in the international economy and a severe energy crisis raise concerns over
US-Cuba thaw has a long road ahead
President Obama’s decision to re-establish relations with Cuba this week will yield a short-term uptick in bilateral trade, but realization of long-term investment opportunities remain some ways off. Wednesday’s bombshell that
