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globalEDGE Blog Podcast

Business & Economics Podcasts

Let the globalEDGE blog keep you up-to-date on international business trends, news, and resources.

Let the globalEDGE blog keep you up-to-date on international business trends, news, and resources.


United States


Let the globalEDGE blog keep you up-to-date on international business trends, news, and resources.




Video Games: A Saving Grace Amidst Pandemic

As many across the globe become confined to their homes amidst the coronavirus pandemic, one outlet people have turned to as a form of entertainment and social interaction has been video games. In a campaign titled #PlayApartTogether, the World Health Organization has collaborated with 18 major video game companies including Activision Blizzard, Riot Games, and Twitch, in order to promote the message of physical distancing from one another while remaining connected with friends. This...


An Animal Shortage Phenomenon

As reported by the global news, we are being faced with many different challenges. A global pandemic and fear of the unknown is prevalent. To prevent further spread of this disease, many countries have called for total quarantines. More than 25 countries have gone into some kind of quarantine, ranging from full quarantine to simply social distancing. During these stressful and uncertain times, something unexpected happened; shelters are running out of animals as people seek out animals to...


No More Diners, Drive-Ins, and Dives: How the U.S. Restaurant Industry Is Facing Major Losses Due to the COVID-19 Pandemic

Since March 30th, more than twenty seven states have issued stay at home orders for their residents, making up two-thirds of the United States population. All nonessential businesses, including dine-in restaurants and bars, have been asked to close. Now the almost 20,000 restaurants and bars located in areas on lockdown are either facing the choice to close completely, or to offer takeout and delivery. This blog will dive deep into how the stay at home orders will impact sales in the...


Compostable Plastics and Worldwide Effort Towards Sustainability

Plastic has now become an inseparable aspect of our lives. Convenient and user-friendly, it has enhanced our lives in many ways. However as our reliance grows, we need to be cautious of the side effects. Since its mass-production in the 1950s, 4.9 billion tons have been sent to landfill, and only 600 million tons have been recycled. There is only so much space on Earth. Scientists and environmentalists from all over the world are trying to find solutions to solve the issue of single-use,...


Regulation Changes as a Result of the Coronavirus

As the coronavirus continues to dominate society in the media, in professional careers, and in everyday life, interesting effects have been seen in the changing regulations across industries. Because this virus is so unprecedented in its global reach, sweeping changes have been made across the world in attempts to best cope with the pandemic and to accommodate citizens. Specifically, significant alterations in the regulation and allowances can be seen at banks, in the environment, in the...


Automakers are Closing Factories—Transitioning to Ventilators

In the wake of the pandemic and desperate times, governments throughout the world have turned to automakers with the hope of increasing the global ventilator supply. As auto factories continue to stop making cars, the general public clamors for the transition to ventilators with hospitals, more specifically ICU wards across the globe, feeling the mounting pressure of increasing patients ill with coronavirus.


The Losses of the Sports World

The recent spread of the COVID-19 has caused the sports world to practically shut down. College spring sports are canceled, the March Madness Tournament has been canceled, baseball spring training has been canceled, the NBA has suspended all games for the next month. Yet, these sporting events, games, and tournaments bring in billions of dollars in revenue. So, how will this affect businesses and economies around the world?


Business Opportunities in Latin America

Have you ever thought of ditching the 9 to 5 and taking the risk of starting out on your own? While the United States is an entrepreneurial hub, too often emerging markets, such as South America, are overlooked. Groundbreaking innovations are not a requirement to make lasting change in this continent. Many countries within Latin America are playing catch up with the United States. A savvy entrepreneur could implement already-established innovations into the continent. By employing this...


Coronavirus' Impact on Global Debt

This past November, I published a blog post regarding the looming threat of rising global debt, which reached $255 trillion by year’s end. The blog discussed the issue of corporate debt default rates being susceptible to sky-rocketing in the event of a recession, which was supported by a report from the International Monetary Fund (IMF). As we stand today, two months into the coronavirus outbreak, this belief is becoming actualized. With factories being halted, stores shut down, and consumer...


How Panic Buying Affects Different Markets

Among the panic of the COVID-19 a very peculiar phenomenon is happening around the world: Panic Buying. Spain has called for calm, Europe is urging its people to buy rationally, and the United States is working through getting more supplies on its shelves. Panic buying is creating shortages of items around the world and is affecting the supply chains of many different products. But what exactly is panic buying and how is it affecting the markets and companies working within a specific...


Coronavirus' Effect on the International Film Industry

By now, everyone has heard of the newly discovered virus called coronavirus (COVID-19). Despite its short existence, its impact has already spread to countries all over the world. There have been over 169,000 confirmed cases worldwide, including over 6,000 deaths. Being a virus that spreads from human to human, the general advice given by the World Health Organization is social distancing. As a result, many major conferences and events are postponed or canceled. People are strongly...


The Commercialization of St. Patrick's Day—Why This Year Might Be Different

As the cold winter begins to thaw into spring, massive arrays of green hues appear. Everything from the Chicago River to outlandish hats turns bright green on St. Patrick’s Day. In the United States, the holiday is a massively popular celebration of everything Irish. Given the substantial Irish population in America, which is many times larger than Ireland itself, it makes sense that St. Patrick’s Day is such a treasured holiday. The celebration is derived from the Catholic saint who lived...


How the Coronavirus Will Affect the Global Economy

On March 11th, 2020, the World Health Organization officially characterized COVID-19 as a pandemic. As of March 16th, there are over 169,000 confirmed cases of the novel coronavirus in the world, not including cases that have not been reported due to a lack of testing. Public health professionals across the globe have asked people to practice “social distancing.” People are being asked to work from home, to stay 6 feet apart from people, and to avoid gathering in large crowds. Although...


How Global Oil Market Has Been Impacted by Coronavirus Outbreak

Oil, often considered to be a prime example of an inelastic good—always in demand regardless of price—may not hold true now due to the coronavirus epidemic. With recent news of major air carriers and other transportation companies reducing domestic and international service, it has created a ripple effect in the travel industry as a whole (cruise ships, hotels, resorts). With many would-be travelers canceling their plans, it is fair to say that the foreseeable future for the travel industry...


Update on the 2020 Olympics - The Effects of Coronavirus

Back in October, we ran through the financials of hosting the Olympics. Five months and millions of dollars later, hosting the Olympics may remain a dream for Tokyo thanks to the coronavirus. Since the first coronavirus update on the globalEDGE website, officials have discovered thousands of new cases of the virus, along with a new strain, bringing the total number of cases to more than 113,000. About 71% of cases have been found in mainland China, specifically in the Hubei Province, but new...


The State of the Dairy Industry and the Rise of Dairy Alternatives

The dairy industry is changing throughout the globe as dairy alternatives become more and more popular. Examples of these products include almond milk, oat milk, soymilk, coconut milk, nut-based cheeses, and coconut yogurt. Virtually every dairy product now has a viable nondairy alternative. However, different regions show different preferences in dairy, or nondairy, consumption. Let’s look at how the dairy industry is changing around the world.


Global Demand Changes Due to Coronavirus

In this blog, Melissa Kreger writes about the updated impacts of the coronavirus. The coronavirus first outbroke in January and now has become a global health epidemic. The largest question that has been lingering for economists and large investors is, “How long will the Chinese economy be halted and how bad will it affect all economies”? The Chinese economy is the world’s second-largest economy, first behind that of the United States. China being at a halt will affect global supply chains...


China Leads The Electric Vehicle Industry

With growing concern for the environment, electric vehicles have taken up a strong position in the automotive market. Electric vehicles offer consumers little maintenance, a quiet and fast ride, and most importantly, no toxic fumes. China has become the quickest to adopt the new technology; over 70 percent of consumers reported that they would consider an electric vehicle for their next purchase.


Canadian Protests Disrupt Trade

Early into the new year, waves of protests have emerged in Canada. Indigenous activists have begun to organize demonstrations to object the construction of a 670-kilometer pipeline (the Coastal GasLink pipeline) that passes through indigenous lands. One native group that opposes the project is known as the Wet'suwet'en, located out of British Columbia. The Wet'suwet'en did propose alternate routes to Coastal Gaslink, but the routes were rejected in favor of a path that was more technically...


How is E-Commerce Affecting the Global Supply Chain?

In today's digitized world, everything is shifting to incorporate technology, especially the retail industry. Customer preferences are changing, and companies have to quickly adjust their strategies and style in order to stay competitive. For example, online retail has been in the spotlight for the last decade. It is convenient for both the customer and the retailer; however, how does it affect the manufacturer's and retailer's supply chains?