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IMF: U.S. financial crisis could affect “virtually all” developed countries
A report by the International Monetary Fund indicates that the increasingly dire news about the American economy “ranks as one of the most intense” ever and could have dire effects on the economies of the world’s 17 most-developed nations. Read more
NEMA: China’s WTO compliance must improve
The National Electrical Manufacturers Assn. tells United States Trade Representative Ambassador Susan Schwab that China must do more to comply with its obligations as a member of the World Trade Organization, especially when it comes to counterfeit goods. Read more
From the McKinsey Quarterly:
A global survey by the McKinsey Quarterly finds that as risks to the global supply chain mount, managers aren’t keeping pace. Most respondents said their companies aren’t meeting strategic supply chain goals and relatively few have acted on the global trends with the most influence over supply chains. Read more
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