Even Germany, as an export nation, has to compete for shares on its sales markets. The cost for businesses to manufacture goods plays a vital role in this process. This interactive graphic reveals the following: when unit labour costs increase in comparison to the competition, export performance generally declines.
Indonesia will elect a new president on 14 February. After ten successful years in office, Joko Widodo is not allowed to run for office again. He has ushered in an era of reform in the country.
After the agreement of the European Parliament and the Council of the EU in December 2023, a few formal steps remain to introduce the Corporate Sustainability Due Diligence Directive (CSDDD).