Ireland’s Government Says It Will Curb a Tax Strategy That Faced U.S. Scrutiny
Restarting the US small-business growth engine - McKinsey Quarterly - Strategy - Growth - 0 views
General Electric Adds to Its 'Industrial Internet' - NYTimes.com - 0 views
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“The rise of industrial big data is moving at twice the speed of other big data. That’s a great opportunity.” said William Ruh, the head of global software at G.E. “There’s all kinds of experiences that we’re going to create.”
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The other is a kind of application software to help power companies figure out how to best build out and operate their turbines. By October, G.E. hopes to have similar applications out for railway, mining, and oil and gas companies.
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Effectively, G.E. is taking the data-driven tools and strategies used by Google and Facebook to the much larger global economy.
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Why Do Americans Stink at Math? - NYTimes.com - 0 views
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Why Do Americans Stink at Math?
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The Americans might have invented the world’s best methods for teaching math to children, but it was difficult to find anyone actually using them.
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In fact, efforts to introduce a better way of teaching math stretch back to the 1800s. The story is the same every time: a big, excited push, followed by mass confusion and then a return to conventional practices.
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Apple's Tax Strategy Aims at Low-Tax States and Nations - NYTimes.com - 0 views
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How Apple Sidesteps Billions in Taxes
Time to dust off old euro crisis strategies - FT.com - 0 views
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Markets Insight August 20, 2014 11:20 am Time to dust off old euro crisis strategies
Vertical integration and value-added aluminium products | Vimetco - 0 views
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Our strategy
Mastering business management studies online - 0 views
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The free online mini MBA is a condensed version of a full fledged MBA & is aimed at providing a solid foundation in current business theory and practices.
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Online video lectures and case studies by top management faculty will cover subjects like Fundamentals of Accounting, Principles of Marketing, Managing Human Resource, Essentials of Business Communication and Business Strategy.
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“The pedagogy involves pre-recorded video learning modules with fully interactive and collaborative features like the discussion forums, online chats, quizzes and live virtual classrooms. The entire course content will be made available on an anytime, anywhere learning mode using the “portable classroom” model.
Let Greece take a eurozone 'holiday' - FT.com - 0 views
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If Greece still had its own currency, it could, in parallel, devalue the drachma to reduce imports and raise exports, cutting the 15 per cent of GDP trade deficit. The level of Greek GDP and employment might then actually increase if the rise in exports and decline in imports added more to domestic employment and output than was lost through raising taxes and cutting government spending. But since Greece no longer has its own currency, it is not free to follow this strategy.
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Bank balances and obligations would remain in euros. Wages and prices would be set in drachma.
Mario Draghi Cannot Save the Euro - Bloomberg - 0 views
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Once you have understood that the ECB does not necessarily stand behind euro-area government debt, it is hard to disabuse yourself of the notion.
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A broader question is what, if anything, Draghi might achieve with a looser monetary policy.
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The euro area has many problems, including a lack of competitiveness in the periphery, chronically poor growth in countries such as Portugal and Italy, deeply damaged public finances in Greece and Spain, and a labor force that’s not mobile enough to go where the jobs are. Which of these could be resolved by reducing interest rates across the board?
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Crippled eurozone to face fresh debt crisis this year, warns ex-ECB strongman Axel Webe... - 0 views
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Crippled eurozone to face fresh debt crisis this year, warns ex-ECB strongman Axel Weber
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Harvard professor Kenneth Rogoff said the launch of the euro had been a "giant historic mistake, done to soon" that now requires a degree of fiscal union and a common bank resolution fund to make it work, but EMU leaders are still refusing to take these steps.
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"People are no longer talking about the euro falling apart but youth unemployment is really horrific. They can't leave this twisting in wind for another five years," he said.
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Shipping Costs Start to Crimp Globalization - NYTimes.com - 0 views
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The cost of shipping a 40-foot container from Shanghai to the United States has risen to $8,000, compared with $3,000 early in the decade, according to a recent study of transportation costs. Big container ships, the pack mules of the 21st-century economy, have shaved their top speed by nearly 20 percent to save on fuel costs, substantially slowing shipping times.
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Jeffrey E. Garten, the author of “World View: Global Strategies for the New Economy” and a former dean of the Yale School of Management, said that companies “cannot take a risk that the just-in-time system won’t function, because the whole global trading system is based on that notion.” As a result, he said, “they are going to have to have redundancies in the supply chain, like more warehousing and multiple sources of supply and even production.”
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In a more regionalized trading world, economists say, China would probably end up buying more of the iron ore it needs from Australia and less from Brazil, and farming out an even greater proportion of its manufacturing work to places like Vietnam and Thailand.
Europe's banks are too feeble to spur growth - FT.com - 0 views
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Europe’s banks are too feeble to spur growth
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It is essential not to make too much of these stress tests and asset quality review. Yes, they are real improvements. But they do not mean that eurozone banks will now drive growth. They still have too little capital for that. More important, the eurozone lacks a credible strategy for reigniting demand. If much of the German policy elite continues to deny this is even a problem, the crisis of the eurozone must remain unresolved. That is a disaster.
Half-a-Loaf Growth by Michael Spence - Project Syndicate - 0 views
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Half-a-Loaf Growth
Europe's dangerous addiction to Russian gas needs radical cure - FT.com - 0 views
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Europe’s dangerous addiction to Russian gas needs radical cure
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“It really boils down to this: no nation should use energy to stymie a people’s aspirations,” Mr Kerry said in Brussels, just as Russia’s Gazprom raised the price it charges Ukraine for gas.
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Bernstein Research has calculated that to do so, Europe needs to eliminate 15 bcm of residential and industrial gas demand, invest $215bn and incur $37bn of annual costs in the form of higher-priced energy. That works out as $160 for every single person in Europe.
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