Say the words “Wuling Hongguang” to pretty much any American, and you’ll get nothing but a blank stare. Tell them it’s a car, and they might be surprised that they haven’t heard of it. Then tell them that the Hongguang sold more units than the Honda Accord in 2018, and watch the surprise turn to […]
Before the popular brand Banana Republic even existed, back in the 1900`s the expression “Banana Republics” described Latin American countries whose economy relied solely on the export of bananas. Today it is used to describe developing countries whose economies rely heavily on a single crop or export product and are pushed around by foreign enterprises. […]
From ice creams to skincare products, vanilla is one of the most popular species and ingredients in the world. Even when it seems to be a simple product, the complexity behind its vines harvesting process has led vanilla to be more expensive by weight than silver. Certainly, vanilla´s price is volatile, yet its demand seems […]
Shinise is how Japanese refer to those companies with more than 1 century of operations. It is known that today, in Japan there is several of the oldest companies in the world. They have maintained ownership within the same family and continue to do, the same activity during that time. This is what the meaning […]
Ever since the massive protests of the Umbrella Revolution in 2014, the pro-democracy movement in Hong Kong has brought the city and its relationship with mainland China into the international spotlight. Recent demonstrations in the city protesting Beijing-backed extradition laws have brought the “special administrative region” back to the forefront of world news, with a […]
Drones are improving the healthcare system in many underdeveloped countries, but why they have not reached the United States (U.S.) yet? During October 2018, Zipline (a company that assembles drones in California) launched in Rwanda, Africa the first worldwide medical drone system. This system uses drones to carry blood supplies to medical clinics across […]
The trade war between China and the United States, the two largest economies in the world, can become a long, complex, and expensive dispute. However, according to a report published by Nomura Holdings, some countries may benefit from this conflict. This battle began on March 23 of 2018, when Donald’s Trump government imposed an increase in […]
As an international student, I have found very interesting that Lousiana is among the top-five natural gas producing states. Louisiana’s mayor energy consumption comes from natural gas. I made some research in order to find out more about how it is produced and used in this state. Furthermore, I mention the economic contribution of the […]
If you’re anything like me (I hope you’re not, for your sake) then you might also get highly confused while following the recent developments of the global trade market. For fans of the comedy TV gameshow “Who’s Line is it Anyway?”, you can understand that moment when I am watching the news and I catch […]
At some level, all business transactions rely on trust, particularly when entering an unfamiliar market. People and time have been acknowledged as the best ways to build trust, and when that is not enough we have built-in safeguards with banks and insurance through letters of credit and bills of lading, among other things. However, the […]