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Funny Numbers Show Money Leaving China

China, News, Video Reports / WTI Admin

Funny Numbers Show Money Leaving China News that China’s foreign-exchange reserves rose by $10 billion in March rather than declining has quieted doomsayers. Worries that the reserves could dip to dangerous levels as soon as this summer — after shrinking by an estimated $1 trillion last year — appear to have been premature. Still, questions […]

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German exports hit new record high

Exports, News, Video Reports / WTI Admin

German exports hit new record high Despite a slowdown in the global economy, German exporters have been able to ship more goods abroad than ever before. A brief December dent was not enough to spoil the party over record-breaking full-year trade figures. German exports clocked up 1.196 trillion euros ($1.34 trillion) in 2015, the German

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Steel bits and bytes – an industry reloaded

News / WTI Admin

Steel bits and bytes – an industry reloaded Software developers are revolutionizing steel and other traditional industries. Companies are in a race with competitors to hold onto customers and optimize delivery channels with state-of-the-art IT systems. Read More… Steel bits and bytes – an industry reloaded

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Renewables to light way for Africa ‘tired of being in the dark’ – AfDB

News / WTI Admin

Renewables to light way for Africa ‘tired of being in the dark’ – AfDB Bank to invest $12 billion in energy within five years * Only 32 percent in sub-Saharan Africa have electricity * Project will work with others to boost investment * Plan to skip carbon-intensive growth for renewables By Bate Felix PARIS, Dec

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UNWTO Hails Wine Tourism as an Approach to Sustainable Rural Development
UNWTO Hails Wine Tourism as an Approach to Sustainable Rural Development Madrid, Spain, 10 September 2018 – UNWTO called for wine tourism to be made part of national tourism and rural development policies at the 3rd UNWTO Wine Tourism Conference in Chisinau, Republic of Moldova (6-7 September 2018). The two days of discussions engaged experts
This is what countries are doing to fight plastic waste
This is what countries are doing to fight plastic waste The world is entering a new era in its relationship with plastic. What was once a miracle product has become public enemy number one. Plastic’s success is largely due to the fact that it is cheap and light, revolutionizing safe food storage, helping save lives in the
India’s forex reserves rise to life-time high of $424 billion
India’s forex reserves rise to life-time high of $424 billion The country’s foreign exchange reserves hit a life-time high of $424.361 billion after rising by $1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said today. In the previous week, the reserves had increased by $1.197
Canada’s staggering trade dependency on the U.S. looks like a liability
Canada’s staggering trade dependency on the U.S. looks like a liability Canada’s unfettered access to the world’s biggest economy was once seen as an immense advantage. But now Canadian businesses’ huge dependence on trade with U.S. firms is seen as a liability. U.S. President Donald Trump’s undeclared trade war on many things Canadian — planes,
Is There A Secret Growth Hormone Added To China’s Economy?
Is There A Secret Growth Hormone Added To China’s Economy? Fifty years ago, you might have heard some parents in the U.S. try to reprimand their children by saying: “eat your food, there’s starving children in China.” But that was a long time ago. Like the asteroid that wiped out the dinosaurs millions of years
After Losing China, Jeff Bezos Really Wants to Win in India
After Losing China, Jeff Bezos Really Wants to Win in India Having forfeited China to Alibaba and JD.com, Jeff Bezos is determined to win in India, a market of 1.3 billion people who at long last are discovering the pleasures of shopping. Amazon.com Inc.’s chief has committed $5.5 billion to India and selected Amit Agarwal to spend it wisely. A trusted lieutenant who
These countries have the most positive influence on the world
These countries have the most positive influence on the world The idea of the United States as a “shining city upon a hill” is most closely associated with President Ronald Reagan but has been used by politicians since the country’s earliest days. The founding founders wanted America to be a beacon of freedom and democracy
High-performing US states: Is there a secret to success?
High-performing US states: Is there a secret to success? States have enormous responsibilities. They must not only meet their citizens’ needs on a wide range of issues—from education to healthcare to housing and job security—but also manage enormous budgets, often larger than most countries. How they do it, and do it well, is an important
US opens new office in Vietnam to facilitate agricultural trade
US opens new office in Vietnam to facilitate agricultural trade The expansion of USDA’s presence in Vietnam is a clear indication of this country’s importance as a U.S. trading partner.’ The Animal and Plant Health Inspection Service under the U.S. Department of Agriculture (USDA) has opened a new office in Hanoi to boost the mutual
India companies to invest millions into Canada, creating 5,800 jobs: Justin Trudeau
India companies to invest millions into Canada, creating 5,800 jobs: Justin Trudeau The Prime Minister — who was criticized for looking like he was on a family vacation in India — got down to business today. Justin Trudeau spent the morning meeting with a string of business leaders. Abigail Bimman breaks down what sectors could