Relevant news & expert insight
Latest products and companies to do business with
Tip & tricks for fashion & material business
Just five days into the New Year and no, the US is not pressurizing China to allow its currency to strengthen against the dollar. No, the Federal Reserve is not injecting a trillion dollars into the US economy. No, there are no more bail outs in Europe…..yet – even though the Chinese just bought US $7.5 billion of Spanish debt to help that country’s ailing financial state of affairs.What has happened and what is of great significance is that the World Bank has just iss...
Luxury goods had a surprisingly good year in 2010. The leading manufacturers all reported excellent results which amazed many due to the economic backdrop of high unemployment and financial debts dragging down the European and US economies with no real solution in sight, despite the efforts of the US Federal Reserve and the European Central Bank. The luxury goods sector certainly did experience a “jobless recovery” after a disappointing 2009.The uncertain background in Europe threa...
Many will remember that the Domino Theory was a cornerstone of US foreign policy from the 1950’s to 1980’s during the Cold War. This theory maintained that is one country in a region fell to Communism then other countries would follow suit in allusion to a row of “falling dominoes”. The theory was applied rigorously to countries in south-east Asia and led to the US intervention in Vietnam.Now, over half a century later, the Domino Theory has reemerged but in a t...
Yet excellent results published and commodity prices boomingThe news has been full of mixed signals in recent weeks. Austerity programs being imposed by European governments in Portugal, Ireland, the UK and Greece with the debt outlook not appearing to have improved in Europe since the debt crisis broke in Greece some six months ago. Very little came out of this month’s G20 meeting in Seoul to reassure the world economy.
At the same time the US continues to pump more money into the econo...
Now that there is less focus on the European debt situation and countries have taken measures to reduce their deficits, it is an opportune moment to look at where companies manufacturing, marketing and selling fashion accessories are considering exporting.In May the US created some 500,000 jobs and there is solid evidence that big ticket items such as cars and house sales are showing definite signs of recovery. Growth in the Euro zone is still weak but is not forecast to recede into negative ter...