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Washington Post (June 8)

2018/ 06/ 10 by jd in Global News

“Trump is waging a trade war in the dumbest way possible.” In the best of times, “trade wars are neither good nor easy to win…. Every side loses, experiencing lost jobs, crippled businesses and higher prices for consumers.” Trumps tariffs are now estimated to result in 16 lost U.S. jobs for every job gained in the aluminum/steel industry: a painful, self-inflicted wound. Moreover, the counterpunches of our trading partners “are likely to draw more blood.” With the “already announced $40 billion worth of retaliatory tariffs on U.S.-made products,” Canada, the EU, Mexico, Russia, India, Japan and Turkey have “fine-tuned the art of minimizing their own pain — and maximizing ours.”

 

LA Times (May 26)

2018/ 05/ 28 by jd in Global News

“Up until just a few weeks ago, China was the single largest market for the world’s recyclables. About two-thirds of the yogurt cups, soda bottles and magazines tucked into curbside recycling bins and crushed into bales were loaded onto cargo ships bound for China…where they were remanufactured into shiny new products and shipped back to the U.S.” China precipitated a crisis, when it halted all imports of recyclables in May. “The U.S. and other nations are still scrambling to figure out what to do with the rapidly growing trash bottleneck,” but China has actually done everyone a favor by creating a sense of urgency. “Policymakers and consumers should step up and take the hard but necessary steps to deal with our out-of-control trash-generating culture.”

 

WARC (March 5)

2018/ 03/ 07 by jd in Global News

Just 2% of UK consumers say they trust marketing and advertising companies with their personal information, according to a recent survey which also suggests people seem resigned to the issue of data privacy being out of their control.

 

WARC (December 18)

2017/ 12/ 18 by jd in Global News

With wireless giant China Mobile leading the rankings, “domestic brands are outperforming foreign rivals when it comes to connecting with Chinese consumers via corporate social responsibility activities.”  The next spots were occupied by Dairy group Mengniu and Lenovo.

 

WARC (December 11)

2017/ 12/ 13 by jd in Global News

“While China’s slowdown will continue to influence the economic landscape for other Asian markets – many marketers have seen budgets cut – bright spots are emerging, particular as India’s ‘mainstream’ consumer demographic continues to grow at pace.” Now expected to outpace China, India looks poised to add more mainstream consumers than China over the coming decade.

 

The Straits Times (October 24)

2017/ 10/ 26 by jd in Global News

“It will almost certainly turn out that Britain was more powerful—with more sovereignty—when it was part of a large organisation with international clout.” Following Brexit, the UK will likely be isolated, “with far fewer allies. British consumers, workers and entrepreneurs will pay the price.” But the UK’s fall should provide the rest of the world with a valuable lesson. “The sight of Britain’s sudden banishment to a world where you are better off dealing with cousins will be a useful tonic for everybody else.”

 

Bloomberg (May 11)

2017/ 05/ 14 by jd in Global News

“It’s not making headlines yet, but wages in Japan are rising the fastest in decades, in a shift that’s poised to divide the nation’s companies — and their stocks — into winners and losers…. Consumer-focused sectors with low salary bills as a percentage of revenue are best positioned. Logistics and some health-care companies will be most negatively impacted,” according to a report from Morgan Stanley.

 

WARC (March 3)

2017/ 03/ 06 by jd in Global News

“US brands face a mixed reaction in China, as consumers react to the presidency of Donald Trump and his threat to impose tariffs on imports from that country.” Following his first month in office, “41.2% of Chinese consumers had a more negative view of the US.” while just “8.1% viewed the US more positively.” It remains to be seen whether American brands will face the intensely negative blowback that caused Japanese auto sales to contract by more than a third following the negative press surrounding a 2012 territorial dispute with Japan.

 

Forbes (September 15)

2016/ 09/ 17 by jd in Global News

Plans to have autonomous cars on the roads in a few years are over optimistic. “This timetable is unrealistic. In fact, the widespread use of driverless cars will not happen for at least another 20 years.” The “intractable obstacle” facing driverless cars is “the extreme difficulty of moving from semiautonomous to fully autonomous.” Consumers wrongly “assume that the transition to full autonomy is an easy next step from the myriad semiautonomous features already in use today.”

 

Reuters (September 13)

2016/ 09/ 15 by jd in Global News

With cargo trapped and delayed, the Hanjin bankruptcy is creating giant supply chain ripple effects. “Consumers should start preparing to pay more for holiday cheer this year. Experts predict that Hanjin ships won’t emerge from receivership until after the holiday season.” Temporarily, at least, that’s good for other shipping companies. “Space is suddenly at a premium…Rates could spike 50 percent as soon as October.”

 

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