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Immigration and Trade: It Is a Shrinking World – Deal with It

April 29, 2016
While people complain about the loss of manufacturing jobs, a significant amount of jobs have returned to the United States as we have become more competitive against certain economies like China. Manufacturing’s share of the U.S. economy is just 12.1% …
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Interview: Former U.S. Ambassador to China Gary Locke

April 29, 2016
But they know they need to move away from heavy industry. They need to move away from low-cost, low-wage export manufacturing to a more innovative society [with] more domestic consumption. A lot of these reforms will cause a lot of disruption. They know that.
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Mumbai: Six die as 90-year-old building in Kamathipura collapses

April 29, 2016
The structure was a cessed building. A number of shops functioned out of the ground floor. Erstwhile tenants also ran some manufacturing units there. MHADA authorities refuted the locals’ allegation. Engineers from its repair and reconstruction board said …
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Trump’s Feast of Incoherence

April 29, 2016
He wants to bring back manufacturing jobs that we’ve lost, ignoring that most of them disappeared because of advances in technology and improvements in productivity, not foreign competition. Trump proposes spending money to rebuild infrastructure …
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Scandal-plagued Mitsubishi Motors reliant on ASEAN as redress claims brew

April 29, 2016
Whereas it sold off a car plant in the Netherlands in 2012, MMC is about to further expand its manufacturing presence in ASEAN, with an Indonesia plant scheduled to open in April 2017 and build 160,000 vehicles in its first year. Those plans won’t change …
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China manufacturing PMI misses in April

April 29, 2016
The first set of Chinese economic data for April has just been released, and it’s come in below forecast. The government’s manufacturing purchasing managers’ index (PMI) fell by 0.1 points to 50.1, missing expectations for an increase to 50.4. The …
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American Smut: Free Speech and the Right to Make a Buck

April 29, 2016
In 1896, Edison Manufacturing Company’s 18-second featurette, The Kiss, a reenactment of a scene from a stage play where a man and woman lip-lock, prompted one reviewer to fulminate: “The spectacle of the prolonged pasturing on each other’s lips was …
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‘Protection’ for low-skilled migrants leads to abuse

April 29, 2016
Patchwork solutions to ameliorate the contract labor system, trying to stop sending or receiving workers bilaterally, or treating abuses as incidental trafficking cases addressed by “rescuing” and “repatriating” workers are insufficient.
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Climate Change Overwhelmingly Accepted As Fact In U.S., Says New Report — Political Candidates Who Disagree Could Face Upset

April 29, 2016
The concept of global warming was created by and for the Chinese in order to make U.S. manufacturing non-competitive. — Donald J. Trump (@realDonaldTrump) November 6, 2012 In a 2014 tweet he called it an all-out “hoax.” NBC News just called it the …
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Dollar scarcity: Nigerian travellers buy tickets from abroad

April 29, 2016
“This action applies only to tickets issued by United. We have reluctantly taken this step because of difficulties in repatriating proceeds from ticket sales in Nigeria.” Similarly, a spokesperson for Delta Airlines in Africa, Europe and Middle …
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