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David Forrest
Innovation Watch
SCIENCE
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TECHNOLOGY
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BUSINESS
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SOCIETY
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GLOBAL POLITICS
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Africa Gets $35 Billion Rail Led by China: Freight Markets
(Businessweek) - Record commodity prices are driving
Africa's biggest railway boom since the 19th century as the
world's largest untapped mineral reserves prompt miners
from Brazil to China to ignore a history of war and economic
chaos. China Railway Construction Corp., Vale SA, the world's
second-largest miner, and other companies are pumping at
least $35 billion into rail projects over the next five years to
transport copper and coal out of Africa and into the power
plants of China and India.
ENVIRONMENT
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THE FUTURE
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Read more...
A web resource... The Forum of Young Global Leaders (World Economic Forum) - A
unique, multistakeholder community of more than 700 exceptional young leaders who share
a commitment to shaping the global future. Young Global Leaders represent the future of
leadership, coming from all regions of the world and representing business, government,
civil society, arts and culture, academia and media, as well as social enterpreneurs.
Ideas and opinions... Arbitrage Will Soon Be Futile and Innovation Essential
(CNBC)- Stephan Scholtissek - "For years, businesses exploited international differences in
the price of labor and other factors of production to secure competitive advantage. But
within the foreseeable future, globalization itself will all but wipe awaysome of the very
advantages it once created. In a world where costs are harmonized, innovation will be the
only differentiator. And businesses must ask themselves whether they are ready to
compete on these new terms."
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