A series of leading fund managers believe the trend towards onshoring and nearshoring production back from emerging to developed markets has much further to go. Onshoring is being driven by a combination of factors, not least rising wage inflation and declining competitiveness in emerging markets, while a number of developed nations are also benefiting […]
August 2013
Pound Euro Exchange Rate (GBP EUR) 0.25 pct Higher Thanks to CBI Industrial Trends – “Continual good news from the UK manufacturing sector” Details Published on Wednesday, 21 August 2013 10:37 Written by Sam Coventry The British Pound has advanced against the Euro on Wednesday morning to recover a good portion of the losses registered […]
We’ve discussed what US buyers should know about sourcing from Mexico vs. China, and how Mexico is quickly closing the cost cap for machined components with sourcing expert German Dominguez. Behold, the conclusion! German will speak on Day 3 of our upcoming commodity risk conference. MetalMiner: Can you give us an example of an actual metal category […]
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According to Jeremy R. Hammond, even the US intelligence community has confirmed and verified that Iran’s nuclear program is peaceful and there has not been any single IAEA report indicating diversion in Iran’s nuclear activities; however, the United States and some EU members are adamantly insisting that Iran has a plan to develop nuclear weapons, […]
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India and UK upgrading grids for renewables, SolarCity acquisition to target 1m solar customers, EUAs trading in band of 4.30-4.50 euros. Source Article from http://www.businessspectator.com.au/article/2013/8/21/markets/markets-asian-miracle-over
Toyota Motor Corporation said its net profit soared 93.6 percent in the three months to June and stated that it was on track to produce more than 10 million vehicles worldwide this year. Net profit almost doubled to a record $5.64 billion for the three months to June. Meanwhile, […]
20.08.2013 Despite a lot of talk and articles written about reshoring — bringing production back to the United States — offshore outsourcing of manufacturing and service-sector jobs to foreign nations continues to plague the American economy. Hundreds of major American corporations are shipping thousands of jobs […]
Will The New Luddites Destroy Britain’s Industrial Future? Britain’s Shale Battle By Guest Column Dr. Benny Peiser (Bio and Archives) Tuesday, August 20, 2013 Comments | Print friendly | Subscribe | Email Us Police were accused of bowing to the mob last night as campaigners brought drilling at a potential fracking site to a halt. Hardcore activists […]
