When China revalued its currency in 2005, essentially unhooking it from the U.S. dollar and allowing it to “float,” many nations breathed a sigh of relief. Prior to this, China’s yuan was believed to be grossly undervalued -- analysts say by as much as 40 percent -- which gave Chinese manufacturers an unfair trading advantage over those in other manufacturing nations. While the yuan has climbed in value by about 32 percent since 2005, many say it’s not enough. Read More
Critics of government regulation are latching on to a recent analysis of government inaction on approving liquefied natural gas (LNG) terminals as proof positive that the government’s red tape and burdensome regulations are costing the economy billions of dollars every year.
According to the International Business Times, the U.S. Dept. of Energy (DoE) is reviewing plans to build LNG terminals, but delays, critics charge, are “difficult for the U.S. to compete with other countries that are already in the process of building export facilities.” Read More
America’s technology skills gap has been widening for decades, and author Gary Beach wants business and technology executives to understand why, and what to do about the consequences the country is facing now. His more than 30 years of experience in information technology, and his role as publisher emeritus at CIO Magazine, led him to write his recently published book, a project which stems back to 2007, when he was inspired by colleagues at a workforce development conference. Guided by research from industry, academia and government, and insightful conversations with CIOs across the country, Beach lays out recommendations for action to get the country’s technology skills back on track. Read More