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Marenne M

Tanzania scales up efforts to increase foreign direct investment - - 0 views

www.spyghana.com/ease-foreign-direct-investment

foreign direct investment

shared by Marenne M on 10 Mar 15 - No Cached
  • Marenne M on 10 Mar 15
     
    This article describes how the government in Tanzania uses regulations to control and encourage foreign direct investment. All owners of land, in this case both locals and foreigners, are obliged to invest in their land through farming or constructing buildings, thus encouraging economic growth. This means that if a foreigner wishes to own land in Tanzania, they must somehow invest in the economy to help the economic growth of Tanzania
Daniel Soto Aggard

Ireland the main beneficiary of US foreign direct investment - 0 views

www.irishtimes.com/...gn-direct-investment-1.2127361

FDI foreign direct investment

shared by Daniel Soto Aggard on 10 Mar 15 - No Cached
  • Daniel Soto Aggard on 10 Mar 15
     
    Ireland is the number one destination in the world for US foreign direct investment (FDI), according to a new report. The study, which was commissioned by the American Chamber of Commerce Ireland, reveals that US firms have invested more than $277 billion here since 1990.
John B

Hybrid Air: Improved vehicle efficiency through air propulsion - 0 views

vr-zone.com/...19509.html

efficiency

shared by John B on 05 Feb 14 - No Cached
  • Peugeot Citroën is pioneering a new direction for hybrid vehicles with its innovative Hybrid Air concept. The combination of a standard gasoline engine and compressed air system enables the car to achieve an efficiency of up to 81 MPG.
  • a car that can effectively run on, you guessed it, the very air we breathe
  • This makes for a far more affordable, lighter, and easier to maintain car, with emissions of 69 grams of CO2 per kilometer driven, rivaling that of the Prius’ 92 g/km. Also prepare to pay less for fuel, with the concept’s exceptional city driving mileage of 81 miles per gallon (MPG).
  • John B on 05 Feb 14
     
    This article is about a new car from Peugeot Citroën. It will use the air that we breath to accelerate, creating a more fuel efficient car. This is a great step towards environmental friendly cars.
Aleksi B

India Plans Price Controls on Patented Drugs - WSJ.com - 0 views

online.wsj.com/...390443819404577633070809995582

india price controls drugs

shared by Aleksi B on 17 Nov 13 - No Cached
  • India plans to widen the scope of price controls on pharmaceuticals
  • The new proposals would extend price restrictions beyond generic medicines to apply for the first time to patented drugs
  • The plans come as Bayer AG BAYN.XE -0.17% Bayer AG Germany: Xetra €94.89 -0.16 -0.17% Nov. 15, 2013 5:35 pm Volume : 2.67M P/E Ratio 25.24 Market Cap €78.47 Billion Dividend Yield 2.00% Rev. per Employee €363,176 10/31/13 Bayer Boosted by New Drugs 09/13/13 Bayer Under Scrutiny in China More quote details and news » BAYN.XE in Your Value Your Change Short position is fighting an order from India's patent authority that required the Germany company to issue a license allowing an Indian generic-drug company to sell a less expensive copy of Bayer's patented cancer drug Nexavar.
  • ...3 more annotations...
  • India sets prices for 74 generic medicines and is considering increasing the number of medicines covered by price caps to 348
  • Any attempt to restrict prices of patented drugs likely will rankle foreign pharmaceutical companies
  • The move raised fears in India that without price controls patented drugs might be unaffordable for a majority of the country's 1.2 billion people.
  • Aleksi B on 17 Nov 13
     
    The article explains on how India are planning to put price controls on their drugs making them go for lower prices so that people can afford them.
Clemence Lafeuille

China to invest $20bn in struggling Venezuela - 0 views

www.aljazeera.com/...enezuela-2015188152276388.html

Venezuela China foreign direct investment oil

shared by Clemence Lafeuille on 03 Mar 15 - No Cached
  • Clemence Lafeuille on 03 Mar 15
     
    This article is about China's FDI into Venezuela. Because of the recent drop in oil prices, Venezuela is suffering so China is placing FDIs in deals that include technology, housing and urban planning. The hope here is to develop a relationship between the two nations, but as we have seen in class it might not be truly beneficial to the LEDC.
Haydn W

What are multinationals doing to champion rights of millions trapped in modern-day slav... - 0 views

www.theguardian.com/...ations-compliance-human-rights

Multinational Corporations The Guardian Fair Trade Slavery

shared by Haydn W on 10 Mar 15 - No Cached
  • What are multinationals doing to champion rights of millions trapped in modern-day slavery?
  • With almost 21 million people working in forced labour conditions in the global economy, companies are being made to clean up their act
  • In a world of complex supply chains, migrant workers, sub-suppliers and a constant squeeze on costs, corporate leaders and their stakeholders are keenly aware of the risk of labour exploitation.
  • ...18 more annotations...
  • No industry or region is fully insulated from the social deficit which has emerged from the rise of the modern global economy.
  • Given the influence and impact that multinational corporations have, there is significant scope for corporate leaders to champion reform and action in this area.
  • However, the ILO estimates that 44% of those working in forced labour are also victims of trafficking (pdf).
  • The fight to eradicate the scourge of forced and child labour, sometimes referred to as modern-day slavery, has re-emerged as a defining issue in this century
  • The International Labour Organization (ILO) estimates that almost 21 million people are currently working in some form of forced labour, with 14.2 million in economic activities such as agriculture, construction, domestic work or manufacturing (pdf).
  • Beginning in California in 2012, following effective campaigning and lobbying to then-governor Arnold Schwarzenegger, mandatory corporate disclosure of a company’s non-financial activities has been on the rise.
  • From US President Obama’s executive order on trafficking and federal procurement, to the UK Modern Slavery Bill’s recent amendment to include supply chain disclosure provisions, to the EU’s adoption of a non-financial reporting directive, compulsory transparency around global corporate practices – including human rights, labour and social impacts and policies – is the latest tool being employed by legislators to place social expectations on corporations.
  • multinational corporations have grown significantly in terms of size, assets, resource control and revenue, not to mention societal influence.
  • This growth has been accompanied by growing expectations by society and government.
  • It is, of course, critical to recognise that the global corporate supply chain can be a force for good.
  • However, with their multiple levels of subcontracting, particularly throughout impoverished regions where labour laws are non-existent or not enforced, global labour and product supply chains also provide fertile ground for inhumane practices and working conditions.
  • The United States Department of Labor, for example, has produced a list of 136 goods produced in 74 countries using forced labour, child labour, or both.
  • Many leading companies already understand that their strategies shape the lives of millions. The most forward-thinking believe that business is an integral pillar of society and recognise that the people they rely on at home and abroad are central to building sustainable and lasting businesses.
  • And since mandatory disclosure requires all multinationals to take notice and action rather than just the industry leaders, this ultimately helps level the playing field.
  • Some believe supply chain transparency laws do not constitute any real change from the prevailing corporate-driven model for CSR, while others oppose increased regulation and oversight as unnecessary state intervention, believing that industry led efforts have the best chance of success.
  • it is a combination of corporate leadership and regulation in this area which will help ensure all market participants rise to acceptable standards.
  • The trend away from voluntary reports towards mandatory social reporting for global corporations is here to stay and may represent a first step towards increased legislative requirements
  • No matter where one believes the solutions lie, the ultimate goal is a global economy free from forced labour, trafficking and other abuses. For the millions of victims who go out into the world seeking work in the hope of building better lives, we must commit to seeking the best path forward.
Clemence Lafeuille

Pound falls on Bank meeting minutes - 2 views

www.bbc.co.uk/...business-29719519

central bank exchange rate foreign policy UK interest rate

shared by Clemence Lafeuille on 12 Nov 14 - No Cached
  • Clemence Lafeuille on 12 Nov 14
     
    This article presents how a report done by the Monetary Policy Committee of the UK has lead to the value of the pound falling slightly against the dollar. This shows how the direct action of a central bank (here refusing to increase the interest rate) can impact the exchange rate.
Daniel Soto Aggard

Student Loan Forgiveness: Too Good to Be True? - 0 views

www.huffingtonpost.com/...-forgiveness-_1_b_6889754.html

Debt Forgiveness

shared by Daniel Soto Aggard on 23 Mar 15 - No Cached
  • Daniel Soto Aggard on 23 Mar 15
     
    Student loans in the United States have been known to be financially crippling, however there is now an act set in motion that will benefit the students to take loans to complete their higher education. Taking a step in the right direction as education should be a privilege granted to everyone.
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