20 years ago, ‘The Economist’ started comparing the price of a Big Mac in various countries around the world. In addition to being a comparison of the cost of doing business in a country, the index indicates which currencies are under and over valued. Using this yardstick, China’s yuan is the cheapest currency. Most rich-world [...] Read more »
Running Out Of Oil? Not Exactly!
We hear that the world is running out of oil. But then we read that we have 40 more years of supply with known oil reserves. Who is correct? Actually, a more immediate danger to world oil supplies are some of the largest oil producing countries, such as Venezuela which is artificially limiting production. And [...] Read more »
Lessons from TESCO entering the US market
The chief executive of Tesco PLC, Terry Leahy, runs a retail chain that’s twice the size of Wal-Mart in the United Kingdom. Here are five tips from Mr. Leahy on expanding into new international markets: (1) Do your market research (2) Be flexible with your business formula (3) Hire local management (4) Do not move [...] Read more »
Global Business Confidence Index
The Global Business Confidence Index, a newly developed and unique indicator of confidence among international business decision makers, promises to become a useful forecasting tool for business leaders involved in international trade as well as for international investors, supply chain managers, policymakers, money managers and financial analysts. One of the key findings of the survey [...] Read more »
Africa???
The ‘Economist’ says: “Africa’s financial markets are, at long last, becoming globalised. Low interest rates and saturated financial markets in OECD economies are pushing developed-world investors to look further afield, while the strengthening of African balance sheets (as a result of debt relief), underpinned by booming commodity export earnings and improved macroeconomic management, are making [...] Read more »
Welcome To Our New International Business Blog
The purpose of this blog will be to update our readers on interesting developments in world business. We will post articles, events and special developments we learn about in our international travels. Our senior team are often in world business capitals seeking partners for our Clients and taking the pulse of world business – looking [...] Read more »
