Discussion Board

global economy (4)

Artificial Intelligence (AI), this technology is quickly reshaping the economic activity and human behavior. Several estimates suggest that AI could create trillions or tens of thousands of dollars in wealth. Right now with AI, we have a set of partially connected national economies playing a global stage.…

Read more…

Citigroup Deals With Brexit

Citigroup in the EU

            Citigroup is making a move to keep a presence in the European Union. They have a presence in London already. However, since Britain has been moving toward what many are calling “Brexit”, the multinational bank has decided to move some of the employees from this London location to a location in Frankfurt. This marks an important management decision to keep the ability to operate and provide services in the European Union should they tighten…

Read more…

There has been an increase in attention towards the international expansion of Amazon’s marketplace. In an article published by Business Insider mentioned that Amazon is rapidly growing in international territories, specifically India, where it “grew 46% YoY in Q1” (Camhi & Pandolph, 2017).  The article also mentions that Amazon intends to purchase “Souq.com, a major e-commerce player in the Middle East” (2017). This growth is substantial and insinuates that the company is expecting to…

Read more…

Economic globalization is the linking of places through activities such as production, trade, and consumption (2011). As nations become more integrated in global trade, the growth of these nations economically become more dependent on each other.  There are also some issues with this globalization effort. As the world is becoming more unified in the form of trade, we are also losing sight of our national economies. Each nation is dependent on others. For instance, the Japanese economy is…

Read more…