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It was unconscionable of me to say that Germany has locked in a semi-permanent trade advantage over Club Med, or for saying that the trying to close this gap by imposing deflation on the South is impossible because this will play havoc with debt dynamics.

Recasting high school, German firms transplant apprentice model to U.S.

The apprentices are grouped together for coursework that leads to an associate’s degree in mechatronics, a hybrid discipline pioneered in Japan and Germany that melds the basics of mechanical engineering, electronics and other areas.

It produces workers that can program, operate and fix the machines common to the factories run by Siemens and other top companies. There used to be an elective among the 24 courses the students take. That was replaced with a logic class.

Why Government Doesn't—and Can't—Manage Resources Like a Private Business

Foreign dividends transferred to an ETVE are not taxed in Spain if their recipient paid corporate tax in the country of the dividends' origin, and the money can then be moved to the U.S. and many other countries without incurring withholding tax. ExxonMobil used its ETVE to receive dividends from its Luxembourg profit center and then transfer them tax-free to the U.S

Since its first pickup truck rolled off the line here on June 16, 1983, Nissan has produced more than seven million vehicles in the United States. It now employs 15,000 people in this country. It makes more than a half-million cars, trucks and S.U.V.’s a year, with the plant in Smyrna building six models, including the soon-to-be-produced, all-electric Nissan Leaf.

Could the Japanese car companies achieve the same quality using American workers?

including currency fluctuations that made exporting more expensive. The final push came from American anger as imports grabbed one-fourth of the United States market.

He called upon the EU to pressure Slovakia’s gas transit pipeline operator into sanctioning so-called reverse gas transit flow schemes, allowing Ukraine, which relies heavily on Russian fuel imports, to diversify by importing European market gas.

The Real Challenges to Growth

In the United States, GDP growth remains well below what, until recently, had been viewed as its potential rate, and growth in Europe is negligible.

In most advanced economies, the tradable sector has generated very limited job growth – a problem that, until 2008, domestic demand “solved” by employing lots of people in the non-tradable sector (government, health care, construction, and retail).

Perils in Trade Deals When Factories Close and Towns Struggle

Freshwater Stores Shrank in Tigris-Euphrates Basin

Intel to downsize Costa Rica operations, several media sources report

Intel reportedly plans to move its manufacturing operation to Asia and lay off 1,500 employees, according to “well-placed” sources in the company, reported the newspaper El Financiero.

Microprocessors are Costa Rica’s primary export. Over 20 percent of Costa Rica’s exports in 2013 were microprocessors, worth some $2.4 billion, according to statistics from the Foreign Trade Ministry (COMEX).

For Chinese Economy, Strengths Are Now Weaknesses

For Chinese Economy, Strengths Are Now Weaknesses

Around 60 percent of all rail freight traffic in China comes from transporting coal.

Air France-KLM to Cut Investments by $680 Million

This value added calculation illustrates the futility of summarizing such a complex manufacturing process by using conventional trade statistics.

In its announcement, the academy recalled Alfred Nobel’s desire that his prize be awarded for something that benefited humankind, noting that one-fourth of the world’s electrical energy consumption goes to producing light.

France Banned Free Shipping. So Amazon Made It Cost One Cent.

France's fun didn't last long. With the law officially in effect, Amazon announced that it is indeed complying with the terms and charging for shipping—a full one cent.

Where Amazon can't shirk the law so easily is in its second provision: that online retailers can no longer legally discount the price of books.

July 23, 2014 6:40 pm EU energy saving plan targets Russian gas links

According to EU estimates, a 25 per cent target would cut EU gas imports by about 9 per cent, while a 35 per cent target would slash gas imports by 33 per cent by 2030.

Eastern European nations fear they will shoulder a disproportionate burden in reaching tough targets because of how costly it would be to overhaul inefficient Soviet-era central heating systems that dominate their cities.

Europe, Facing Economic Pain, May Ease Climate Rules

On Wednesday, the European Union proposed an end to binding national targets for renewable energy production after 2020. Instead, it substituted an overall European goal that is likely to be much harder to enforce.