When many Americans think of Germany, images of WWII soldiers and Hitler often come to mind. But what many people don’t realize is that Germany is the industrial powerhouse of Europe, and is a leading manufacturer of goods for export to developing Asian nations. We don’t hear about the superiority of German engineering in Volkswagen commercials for nothing!
The economic engine of the EU, Germany single-handedly saved the Eurozone from collapse in 2012. At the same time, German workers enjoy unparalleled worker protections and shorter working hours than most of their global counterparts. How can a country that works an average of 35 hours per week (with an average 24 paid vacation days to boot) maintain such a high level of productivity?
Read more » KNOTE
Conference Board report card gives Canada a B, ranked 7th out of 17 developed countries
Canada isn’t living up to its potential or its reputation when it comes to societal issues like poverty, government and inequality, according to the Conference Board of Canada.
The group gave Canada a ‘B’, good for a 7th place ranking out of 17 developed countries, but it said the “middle-of-the-pack” ranking leaves room for improvement.
Getting an ‘A’ at the top of the rankings were the Scandinavian nations (Denmark, Norway, Sweden and Finland) as well as the Netherlands and Austria. …
Read more » CBC
– Pakistan overturns ban on booze . . . for export
IT IS an Islamic republic where alcohol is forbidden to 97 per cent of the population and drinkers can face 80 lashes of the whip under holy law – but in a move set to anger religious conservatives, Pakistan is poised to become an exporter of beer.
An official in the Ministry of Commerce in Islamabad told The Times that a ruling this month by its Economic Committee on Trade would allow Pakistan to export beer and spirits from next year.
“India would be the largest market for our alcoholic products. ….
Read more: http://www.news.com.au/business/alcohol-is-forbidden-for-its-own-people-but-pakistan-is-set-to-become-a-beer-exporter/story-e6frfm1i-1226171580996#ixzz1bXDVGY00