A Year of Great Blogs, Now Embracing the Summer Vibes!
globalEDGE Blog
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1w ago
As the school year ends, we bid adieu to another year of student blogs! It has been another great year of writing to our dedicated readers. Our blogs covered everything from “Swiftonomics” to surges in the gaming industry. As Michigan State’s 2024 - 2025 academic year concludes, our students are off their paths for the summer ahead. Some students will immerse themselves in internships, gaining experience and honing their skills in real-world settings. Others will set off on exciting journeys of study abroad, embracing new cultures, languages, and experiences. Among their new advantag ..read more
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The Smash Business Success of Tennis
globalEDGE Blog
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1w ago
As the world’s fourth most popular sport, tennis stands as a striking symbol of widespread appeal, beckoning millions of enthusiasts to courts and tournaments year-round. Major, or “Grand Slam,” tournaments, in particular, reel in millions of viewers and fans across various regions of the globe. The four Grand Slam events - the Australian Open, French Open, Wimbledon and U.S. Open, which take place in Australia, France, United Kingdom, and United States, respectively - trace their origins back to the late 19th and 20th centuries, with Wimbledon’s 1877 start marking it as the oldest. Over the y ..read more
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Warmer Temperatures Affect Ski Tourism Across the Globe
globalEDGE Blog
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2w ago
This year's mild winter has significantly impacted Europe's ski resorts, where declining snow cover due to climate change is disrupting operations. A recent research paper in a leading environmental science journal revealed that without snowmaking, 53% of Europe’s ski resorts would be at very high risk for insufficient snow supply under a 2°C global warming scenario, which jumps to 98% at 4°C warming. Even with snowmaking covering 50% of their pistes, 27% would still be at high risk under a 2°C increase and 71% at 4°C. This highlights the profound threat climate change poses to the s ..read more
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2024 Olympics: The Plan for a Healthier Production
globalEDGE Blog
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2w ago
The Olympics need no introduction. It is the largest sporting event in the world, hosting over 200 countries’ greatest athletes and all of their supporters. This significant event usually takes some ample preparation. For the city lucky enough to host, they have to make sure that they can handle the large number of events and viewers that will flock to the city for the games. One concern over the years has been the logistics behind the games. Many extravagant stadiums and venues were created in the past, but after the games, these large stadiums go to waste and find themselves with no fun ..read more
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Navigating the Global Retirement Savings Crisis
globalEDGE Blog
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2w ago
Retirement savings are a looming concern that millions of people across the world are facing daily. Amid economic turbulence, shifting demographics, and an evolving employment landscape, a growing number of people find themselves falling short when it comes to preparing for their golden years. For many, the biggest question about retirement is not how they will spend their free time, but rather if they’ll be able to retire. Across continents, the traditional notion of retirement is undergoing a profound transformation. With rising life expectancies and declining birth rates, the demographic py ..read more
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The Beauty Industry's Boom
globalEDGE Blog
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2w ago
The beauty and personal care industry has always been a stable and reliable industry, but recently, it has especially been on the rise, generating over $625 billion in revenue across the world in 2023. Furthermore, the industry is expected to reach close to $736 billion in global revenue by 2028. The beauty industry can be categorized into five different segments: cosmetics, fragrances, skincare, personal care, and beauty tech. In terms of revenue, Asia is the most profitable from beauty and personal care products. The massive country is expected to reach over $290 billion in yearly reven ..read more
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The Controversial Rise of Geoengineering
globalEDGE Blog
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3w ago
With climate change exacerbating inclement weather and environmental norms across the globe, experts predict an increase of as much as 7 degrees Fahrenheit in global temperatures by the end of the century. To help quell the rapidly rising temperatures, initiatives are pouring millions of dollars into new geoengineering projects worldwide. There are several projects scientists have started working on that are attracting new investments. One of the most popular forms of geoengineering is what is known as “direct air capture," which sucks carbon dioxide out of the atmosph ..read more
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Boeing's Turbulent Times: Safety Concerns and Market Share Challenges
globalEDGE Blog
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3w ago
Boeing is currently facing a plethora of potential business losses, with their CEO Dave Calhoun announcing he will step down at the end of 2024. This is following continued questions and concerns about the manufacturing process after a multitude of malfunctions with Boeing products have occurred in the past couple of months. In early January, a Boeing 737 Delta flight lost a wheel on the runway during takeoff, causing the plane to be evacuated and travelers to be moved to a separate flight. A United Airlines Boeing aircraft was forced to make an emergency landing in Texas after its engine ..read more
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Greener Together: Exploring Global Environmental Practices and Pioneering Brands
globalEDGE Blog
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1M ago
Our planet faces a pressing environmental crisis. From overflowing landfills to plastic pollution in our oceans, unsustainable waste management practices threaten our ecosystems’ health and well-being. The good news? Many countries and companies are rising to the challenge, implementing innovative solutions, and inspiring a global shift toward a greener future. Developed nations like Germany boast impressive recycling rates exceeding 66%, achieved through citizen education, source separation programs, and robust infrastructure. In contrast, rapidly urbanizing Asian countries, such as Chin ..read more
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The Global Cocoa Crisis
globalEDGE Blog
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1M ago
Major African cocoa plants in Ivory Coast and Ghana have reduced processing chocolate due to inability to purchase beans. These two countries together contribute nearly 60% of the world's cocoa production. Rising temperatures and weather conditions have stressed and damaged these crops in West Africa, and this halt is anticipated to lead to a surge in chocolate prices globally. Following three years of little cocoa harvests- and another three anticipated- chocolate manufacturers have already raised prices for consumers, with chocolate prices doubling over the last year and rising to all-t ..read more
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