In 2009, Greece was sucked into a vortex of mounting public debt, austerity measures, workers’ strikes, referendums and bailouts that’s still spinning. Last week, Greece and its creditors announced an agreement for more Greek austerity measures in exchange for more bailout funds.
In his final trip abroad as president, Barack Obama urged global citizens and leaders to uphold democratic ideals. He and German chancellor Angela Merkel also trumpeted the potential benefits of the proposed TTIP, and in a joint article they concluded that "the future is upon us, and we will never return to a pre-globalization economy.”
Countries around the world are grappling with change as work increasingly goes mobile. While workers in the US — particularly millennials — are clamoring for a more flexible workplace, the picture abroad is murkier, with some countries moving in the opposite direction. Companies that plan to send employees overseas need to be aware of the differences and prepare workers for organizations that view white-collar working hours in a very different light from their counterparts in the US.
In this week's Global Glance, we look at a caption of the year candidate from a Vietnamese newspaper, Johnny Rockets’ expansion into Southeast Asia, and the best and worst countries for expats.
In this week's Global Glance, we look at observations from the author of "China Rich Girlfriend," Canadian expats’ right to vote and whether we should care, and the Greek debt crisis.
In this week's Global Glance, we look at the lasting effects of Japan’s 2011 tsunami, Starbucks’ expansion into sub-Saharan Africa, and a great Instagram account from a Turkish photographer.
Around this time of year, workers in many countries are looking forward not only to some paid time off, but to an additional employee right that is virtually unheard of in the US: A “13th month” bonus.