That wages have remained so low for so long is not by accident; it’s by design.
Scaring off sorely needed investments in fuel distribution systems.
Mexico’s wage repression scheme creates Nirvana for global automakers.
Wolf Richter on “This Week in Money.”
New CEO Cuts Costs: Ford shifts production of compact car from Michigan and Mexico to China.
“We know as we’re investing there, we’re also creating a competitor.”
Despite what you may think, it’s not due to protectionism.
Germany holds 25% of global shipping loans as industry collapses.
It “would have a very negative effect on our business”: Maersk CEO
After 25 years of apathy.