Global Economy, Competitiveness, Foreign Trade, Operations, Supply Chain, Logistics
China aspires to create a New Silk Road—a massive trade loop spanning three continents. Through the project, the government intends to diversify and increase alternative energy supplies, create an infrastructure network to boost trade with Eurasia, and promote the economic development of some of its relatively poor provinces.
Global Economy, Competitiveness, Government Policy, Risk & Compliance, Employee Health Management, Employee Wellness, Wellness Programs, Legal, Labor & Employment Practices
The Equal Employment Opportunity Commission filed three lawsuits against employers, arguing that their wellness programs are involuntary based on the substantial disincentives incurred for nonparticipation. The commission has not yet provided regulatory guidance on this subject.
Global Economy, Competitiveness, Government Policy, Economic Environment, Recession
Brazil’s economy and manufacturing are in a technical recession, inflation is higher than desirable, and public finances are deteriorating. The country’s short-term outlook appears depressing, as the ongoing macroeconomic imbalances will have to be addressed by orthodox policies, which will in turn bring muted growth and rising unemployment.
Global Economy, Competitiveness, Foreign Trade, Imports & Exports, Economic Environment, Energy
The price of oil has decreased by 39% since June. OPEC’s decision to maintain production at its current level resulted in a sharp drop at the end of November. The main reasons for the decline are increased U.S. oil production and slowing growth in world oil consumption. Barring an outbreak of turmoil in the Middle East, the price of oil is likely to remain low.
Growth & Innovation, Research & Development, Research, Innovation, Operations, Continuous Improvement, Operational Excellence, Lean, Information Technology
Given the global reach of manufacturing and the intensifying policy focus that the factory sector has enjoyed in recent years, it is critical for the public, manufacturing executives, and governments to gain perspective on what some are dubbing a “new industrial revolution.