A first reaction to the announcement on May 13th that China, Japan and South Korea are to open talks on establishing a trilateral free-trade area is to shrug. The idea has been around for a decade. There are many obstacles to its realisation. And not so much as a date has been announced for the talks to begin.
Traceability always has been important to dairy cooperative Agri-Mark, but it has become even more of a focus since passage in 2010 of The Food Safety Modernization Act, which gives the Food and Drug Administration the right to make product recalls mandatory, rather than voluntary.
The Obama administration ordered tariffs of 31 percent and higher on solar panels imported from China, escalating a simmering trade dispute with China over a case that has sharply divided American interests in the growing clean-energy industry.
Six years after it was signed, the U.S.-Colombia free-trade agreement has taken effect, giving the U.S. economy a shot in the arm. Tell us again why this pact was a bad thing?
California cantaloupe handlers have voted overwhelmingly in support of the state's first mandatory food safety program to be implemented by a commodity board. The California Department of Food and Agriculture said that 100 percent of handlers voting in a statewide referendum are in favor of amending the existing California Cantaloupe Advisory Board to establish the new food safety program.
One of the often overlooked and undervalued components of supplier selection is trying to determine the supplier's long-term potential. Simply stated, it is not very difficult to identify the lowest price option during an RFP process. The key for long-term success is based on analyzing each supplier's potential for the long haul, encompassing areas such as strategic alignment, cultural fit, common delivery centers, industry outlook and social responsibility efforts. The best overall strategic value is not necessarily the lowest cost.
Is Wal-Mart's alleged bribery in Mexico an anomaly, or is it more typical of multinational behavior than many corporate executives would like to admit? Is the practice of bribing public officials ever justifiable from an economic or ethical point of view? And apart from collapsing share prices and shareholder lawsuits, what are some of the other possible consequences of bribing foreign officials?
Electronics manufacturers are threatening to drop out of Energy Star, saying recent changes have made participation in the federal government's voluntary energy efficiency labeling program too costly.
Last week's elections in France and Greece have caused so much economic and political turmoil throughout Europe that the grand eurozone experiment might be on the verge of collapse.