Bloomberg (December 20)
“Japan has gained a tremendous amount of manufacturing competitiveness. A 2016 study by consulting firm Deloitte ranked Japan the fourth-most competitive country for manufacturing, a huge leap from the No. 10 position it held three years earlier.”
Tags: Competitiveness, Deloitte, Japan, Manufacturing, Rank
New York Times (August 18)
“Brazil is in tatters. The economy is in a deepening recession.” On top of that Petrobras is facing a “massive corruption scandal” and the country’s credit rating was just downgraded by Moody’s. “In all this turbulence, it is easy to miss the good news: the fortitude of Brazil’s democratic institutions.” Specifically, “in pursuing bribery at Petrobras, federal prosecutors…have not been deterred by rank or power, dealing a blow to the entrenched culture of immunity among government and business elites.”
Tags: Brazil, Bribery, Business, Corruption, Credit rating, Democratic institutions, Downgraded, Economy, Elites, Government, Immunity, Moody's, Petrobras, Power, Prosecutors, Rank, Recession, Scandal
