While IBM talks about Trump-pleasing hiring plans, it's firing thousands. IBM pledged to hire 25,000 workers over four years, but it's continuing to fire American workers and move their jobs abroad. It wasn't long before employees were accusing the company's CEO of hypocrisy.
Argentine president Mauricio Macri took office promising to lift trade barriers and open the economy. Eleven months into his plan, Macri has realized the task is not that easy. Argentina faces a choice between preserving trade barriers and saving jobs or opening the economy and lowering prices. Thus far, the Argentine economy has lost 118,000 jobs as the country sets aside tariffs and anger has risen in the face of an avalanche of imports.
Brazil’s former president, Dilma Rousseff, struggled to manage the economy with an interventionist policy that led to a recession. As a result, Brazil’s new president, Michael Temer, decided to put in place free market practices to fix the weak economy.
Companies dust off coping strategies from 2001.
Argentina is looking for ways to get around an unfavorable court ruling on its $95 billion bond default.
In an effort to manage the country's economy and exchange rates, Argentina's government has enacted new regulations that limit a company's ability to import parts or finished goods. In order to help get imports approved, companies now are trying to find Argentinian goods that can be exported.
As more high-skilled jobs are outsourced, corporations seek locations closer to home.
Is Argentina pursuing a new policy of nationalization, but without state ownership?
Research shows working-age populations are slipping in the U.S. and other industrialized nations while those of other countries are growing faster.
While many publishers bemoan the loss of print ads, Norway's Schibsted has developed a more-profitable global business in online classifieds.
One country's bailout is another's industrial subsidy. Rising tension could lead to damaging trade wars