Siemens AG is the world’s largest electronics company and a European corporate heavyweight. The company founded in 1847 by Werner von Siemens in Berlin has become a global behemoth with a global revenue of $110.82 billion in 2008, employing almost half a million people in about 190 countries. It has been pioneering new technologies ranging [...]
Since the woes in the financial industry spread to the real economy, there’s hardly a sector of the economy that is unaffected. While the American car makers GM, Ford and Chrysler have been struggling from the very beginning of this crisis, even Toyota (9.23 million cars produced in 2008) which surpassed General Motors (8.15 million [...]
Shocked by the accidents at the Three Mile Island Nuclear Generating Station in 1979 in the U.S. and the 1986 disaster in Chernobyl (Ukraine), nuclear power suffered a serious setback as new projects had been put on hold. Numerous countries like Italy, Sweden, Belgium, Spain, the Netherlands and Germany decided to phase out their nuclear power stations. Most of these countries held referendums in [...]
What are you thinking about now? Should we (being among the few lucky on this planet leading a wealthy lifestyle) be concerned that we might lose power, influence and wealth to emerging nations? Are we entitled for our wealth? Will we have to work harder to compete in the future? Can we maintain our position, our prosperity in [...]
Barack Obama, just sworn in as the 44th President of the United States of America, is facing a world of challenges like hardly any of his predecessors since Franklin D. Roosevelt. Long-term problems ranging from peak oil, global warming and a shift of power to less stable regions of this planet are being overshadowed by [...]
