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Memo from Ed Cohen

Conference Developer &  Moderator

Editor  GlobalBusinessNews.net   

call/txt (+1) 619 787 3100  whatsapp

email publisher@globalbusiness.media


A special THANK YOU to our top sponsor and guiding light

AGS Relocation

click ags-relocation.

click here, learn more

Brought to you

and to the

world’s business people

by

moveassistinternational

GLOBAL BUSINESS

LONDON 

presented 7 DEC 23

Host & Facilitator

HSBC logo

8 Canada Square,

Canary Wharf,

London, E14 5HQ


Our purpose: 

Opening up a world of opportunity

– explains why we exist.HSBC Building London.jpg

We’re here to use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our customers.

We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world for our customers, our people, our investors, our communities and the planet we all share.

HSBC is one of the world’s largest banking and financial services organisations. 

We serve more than 40 million customers through four global businesses: 

Retail Banking and Wealth Management,

Commercial Banking,

Global Banking and Markets,

and Global Private Banking.

Our network covers 65 countries and territories in Europe, Asia, the Middle East, Africa, North America, Latin America.

 Andrew Elliman – AGS Worldwide; 

Kulvinder Singh Shokar – HSBC; 

Ed Cohen, Conference Developer & Moderator

ABOUT THIS WORKSHOP

First, a clear definition of terms:

Global trade / international trade is simply

the import / export of goods / services across borders.

(a) Goods and services that enter into a country for sale are called imports.

(b) Goods and services that leave a country for sale in another country are called exports.

Secondbenefits of global business, global trade, and prepared/trained globally mobile talent.

  • More Job Opportunities; diverse talent development virtual and in-person
  • Expanding Target Markets & Increasing Revenues 
  • Improved Risk Management; growing more knowledge
  • Greater Variety of Goods Available 
  • Better Relations Between Countries … across borders, across cultures
  • Enhanced Company Reputation; be the Best Place to Work
  • Dynamic opportunities to Specialize … global to local and the reverse

9:30   ARRIVE RECEPTION

    

10   IGNITING  ’24

Ed Cohen, Conference Developer&Moderator; Editor&Publisher, GlobalBusinessnews.net; Producer & Broadcaster, GlobalTVtalkshow.com


ENERGIZING  ’24 

Andrew Elliman, European Business Development Head, AGS Worldwide

How has global mobility evolved to consider employee wellbeing while improving ROI?

Companies have been sending their top employees to all corners of the globe since the 1800s. However, over the past decades, a new focus on employee experience has completely transformed relocation support policies.

Discover what triggered this change: https://lnkd.in/eigapMbK

 InternationalMobility    EmployeeWellBeing   GlobalSuccess

11

  HSBC logo

   Leadership

Kulvinder Singh Shokar

Business Development Manager

Overseas Indian Wealth and Personal Banking

HSBC UK


Olivia Chan  (virtual from Hong Kong)

Group Sector Head: Technology and Gig Economy

Employee Banking Solutions HSBC

 

 

12:30     

Informal luncheon    

13:30 – 15:45  

Workshops … Highly Interactive

Moderators:  Andrew Elliman  +  Ed Cohen

 

WHY HAS THE FOCUS SHIFTED FROM TALENT MOBILITY TO EMPLOYEE EXPERIENCE ?

Global Mobility has been on a journey over the last 150 years.

Longer even.

It will surprise many that it has been around since at least the days of the East India Company.

Masterminds

Michael Piker

Generative AI impact on Total Rewards, DEI, Mobility +

Creating Value of an international assignment…for the assignee, employer, providers. Michael will encourage audience comments/questions. He will share his experiences relating to DEIB, Rewards and International HR leveraging his vast experience in the matter from both a corporate and academic perspective

ANDREW KELLY

Tax Partner

 

Sofia Oragano

Senior Director of International Sales 

EMEA  APAC

synergyhousing.com


With over 12 years of experience in Business Travel, I am a passionate and driven leader who oversees international sales and business development for Synergy, a global provider of accommodation solutions.

I manage a diverse and high-performing team, across multiple regions, and I am responsible for generating new business opportunities, negotiating contracts, and maintaining long-term relationships with our clients.

I have also been recognized as the Sales/Business Development Manager of the Year by The Business Travel People Awards in 2018 for my achievements.

As a former GBTA Ladders Mentee, I am committed to advancing the standards and best practices of the business travel industry, and I am motivated by innovation, inclusion and sustainability.

Understanding the Value-added by utilising a

GLOBAL

EMPLOYMENT COMPANY

SIMON DAVIES
Client Strategy Lead
Global Mobility

https://www.linkedin.com/in/simon-davies-4377471


MISSION, VISION & VALUE PROPOSTION

https://www.itx-ge.com


ITX delivers cost-effective Global Mobility solutions and operational support to organisations that wish to simplify and enhance the way they work across borders.

ITX provides a full range of services, ranging from bespoke Legal and Consulting studies, to IT & Digital Solutions, to fully-operational turnkey solutions that cover every aspect of Expatriate Management, Administration, Finance and Accounting, including expatriate packages, employment contracts, payroll, expatriate onboarding, supplier management, accounting, rebilling, and more.

By developing solutions that can be either standardised or fully customised, ITX can support organisations at every stage of their evolution, to meet their business needs, provide the expected quality of service, and help them achieve their efficiency and cost management objectives.

Our mission is to work alongside our HR and business leaders, and participate in their success as trusted business partners, helping their organisation to grow internationally, whilst delivering outstanding levels of support to employees, managers, and HR professionals.

Annalieza Landa

https://www.linkedin.com/in/annalieza/

Speaker | Coach | Freeing The Voice You Were Born With | Putting Personal & Corporate Values to Work | Safe voice projection, clear verbal communication, crafting speeches that WOW | #YesSheCan

Yvonne Quahe

   DUAL CAREER situational coaching

 Adaptability of International Assignees

World Bank Family Network

World Bank Group, Washington

linkedin.com/in/yvonne-quahe-6083ab32


author

Tosin Adenrele

Global Mobility

Regional Lead – EMEA

IQVIA


Tosin has worked as a Global Mobility Professional for over ten years with worldwide companies across multiple industry sectors such as FMCG, Non-Profit, Financial services, Oil and Gas, Pharmaceutical and Technology.

Since Tosin began her career as a Global Mobility Analyst, focusing on the EMEA Region, she has become known throughout the Global Mobility Industry as a “problem solver” who ensures operational excellence to Global Mobility Programs.

Tosin subsequently undertook contractual roles as a Global Mobility Specialist and Lead Consultant before launching her own Expat Consultancy providing a wide range of Expertise and Project Delivery. Tosin’s specialism is the centralisation of the Change Management, Compensation Analysis, Global Mobility Function, HR Transformation, Stakeholder Engagement and Talent Management.

Also, received an award for innovation in October 2023. This focus on delivery has seen Tosin awarded with a Recognition Award for Operational Excellence whilst at BP alongside working with the runner ups for FEM EMEA EMMA Of The Year in 2014.

Tosin’s outstanding reputation has seen her share her insights as an industry expert at numerous industry events and in 2019 Tosin was elected to be one of the Next Gen GM Steering Committee Members and also appointed a Global Mobility Ambassador and Contributor to Global Mobility Journeys.

Panel Speaker at the Forum For Expatriate (FEM) in 2021, 2022 and 2023. Also, a Judge for the EMEA EMMA Awards 2022 & 2023 and Relocate 2023.

Robby Wogan

Owner, MoveAssist International

Step into mai-world:  an innovative technology platform that provides a single access point for all your mobility data and a secure, collaborative workspace for all talent mobility stakeholders.

TECH: Talent mobility software that’s smart, simple and secure.

https://youtu.be/1cYdxhh59ZQ


Eisha Karol

English Mastery for Global Professionals

www.pronounceme.co.uk

 I help global leaders & managers represent their company in the best light by optimising their verbal English skills. 

PronounceMe.co.uk

Oxford University Innovation 

Corporate language training

Ex-RSC

Joseph McGuire

virtual from Dublin

Communications, Non-verbal facial “tells”, Media Training


Facial Analysis Expert

Behavioural Negotiation Consultancy

Executive Interview Skills Mentoring

Communication Skills Sales Training

Author

Serge Gorbatov, PhD

Profile photo of Sergey Gorbatov, Ph.D.

virtual from Madrid


Talent Strategy
Team Effectiveness
Executive Coaching
Author

Speaker: Top Workforce Management Voice



As a Talent & Leadership Strategist with 18+ years of experience across diverse industries and geographies, my passion lies in helping professionals and organizations realize their full potential by navigating complex human capital challenges. My approach is anchored in fast, yet rigorous execution, leveraging my expertise, and maintaining a strategic mindset to deliver impactful solutions.

With experience spanning the FMCG, oil & gas, pharmaceutical, educational, and NGO sectors, I have a proven track record of success in country, regional, and global roles. My specialties include Talent Management, Performance Management, Leadership Development, Executive Coaching, Talent Assessment, and Career Management.

As a thought leader and life-long learner, I write, speak, and teach about the complex issues of talent and human performance, simplifying them for my audience.

If you’re interested in discussing talent management, leadership development, or collaborating on a project, just send a message.

Harvey Castro, MD, MBA

ChatGPT Healthcare Advisor

Physician with Executive MBA

AI in Healthcare Author Ex-CEO & Physician, aiding in AI’s healthcare integration. Empowering physicians, patients, authoring the AI in healthcare revolution.

linkedin.com/in/harveycastromd

chatgpthealthcare.com


Talks about #healthcare,  #leadership,  #physicians,  #chatgpthealthcare,  #healthcareconsulting


Dallas-Fort Worth Metroplex

https://www.harveycastromd.info/store

15:30      Closing keynote virtual from Mexico City

Steven Howard   author of 22 books on LEADERSHIP

   HUMONYLeadership.com

Creator of Humony Leadership click/learn 

Biggest Voices in Leadership 2023

Mentoring Good Managers Into Great Leaders

Global Leadership Skills Development

Leadership Coach  


16:00    Pub Crawl  Canary Wharf

 

AUDIENCE  INFO

VIEWS / IMPRESSIONS

Source: LinkedIn

323,113 

      OCT 24 ’22  –  OCT 22 ’23


Can you imagine your logo and brand story being seen that many times?

Firms with an established Marketing Budget coupled with a strong desire to associate the logo/brand with our audience are already our advertisers or sponsors or member/subscribers in the GLOBALPressClub.

Additional audience/views/impressions from exhibition and distribution across GTVnetwork…

youtube.com/@globaltvtalkshow

linkedin.com

X/twitter 

FB 

instagram 

globalbusinessnews.net 

globaltvtalkshow.com

And more….

additional audience/views/impressions happen daily via US/global free access 365-7-24 resulting from connections sharing a program they like or other useful or interesting content. Those additional, valuable audience stats are hard to track.

Reach me to discuss things…

(+1) 619.787.3100 or use publisher@globalbusiness.media

And now here’s a “deep dive” into  

Global Trade

and

Global Business

All of the World's Exports by Country, in One Chart


China is Still the “World’s Factory”

The world’s largest 11 exporters shipped out $12.8 trillion of goods in 2022, more than the rest of the world combined ($12.1 trillion).

The list is headed by China, with $3.6 trillion or 14% of total exports. The country has been the largest exporter of goods in the world since 2009.

The U.S. itself is the world’s second largest goods exporter, with over $2 trillion annually.

Canada was the largest purchaser of U.S. exports in 2022, accounting for 17% of total exports, followed by Mexico, China, Japan, and United Kingdom.

Top exports of the United States are refined petroleum, petroleum gas, crude petroleum, cars, and integrated circuits.

global gold production by country


Top Gold-Producing Countries in 2022

Around 31% of the world’s gold production in 2022 came from three countries—China, Russia, and Australia, with each producing over 300 tonnes of the precious metal.

Rank Country 2022E Gold Production, tonnes % of Total
#1  China 330 11%
#2  Russia 320 10%
#3  Australia 320 10%
#4  Canada 220 7%
#5  United States 170 5%
#6  Mexico 120 4%
#7  Kazakhstan 120 4%
#8  South Africa 110 4%
#9  Peru 100 3%
#10  Uzbekistan 100 3%
#11  Ghana 90 3%
#12  Indonesia 70 2%
 Rest of the World 1,030 33%
World Total 3,100 100%

North American countries Canada, the U.S., and Mexico round out the top six gold producers, collectively making up 16% of the global total. The state of Nevada alone accounted for 72% of U.S. production, hosting the world’s largest gold mining complex (including six mines) owned by Nevada Gold Mines.

Meanwhile, South Africa produced 110 tonnes of gold in 2022, down by 74% relative to its output of 430 tonnes in 2000. This long-term decline is the result of mine closures, maturing assets, and industrial conflict, according to the World Gold Council.

Interestingly, two smaller gold producers on the list, Uzbekistan and Indonesia, host the second and third-largest gold mining operations in the world, respectively.

A chart with the per day production by the biggest oil producers in 2022.


Ranked: Oil Production By Country, in 2022

The U.S. has been the world’s biggest oil producer since 2018 and continued its dominance in 2022 by producing close to 18 million barrels per day (B/D). This accounted for nearly one-fifth of the world’s oil supply.

Almost three-fourths of US oil production is five states: Texas, New Mexico, North Dakota, Alaska, and Colorado.

We rank the other major oil producers in the world below.

Rank Country 2022 Production
(Thousand B/D)
YoY Change Share of
World Supply
1  U.S. 17,770 +6.5% 18.9%
2  Saudi Arabia 12,136 +10.8% 12.9%
3  Russia 11,202 +1.8% 11.9%
4  Canada 5,576 +3.0% 5.9%
5  Iraq 4,520 +10.2% 4.8%
6  China 4,111 +2.9% 4.4%
7  UAE 4,020 +10.4% 4.3%
8  Iran 3,822 +4.6% 4.1%
9  Brazil 3,107 +3.9% 3.3%
10  Kuwait 3,028 +12.0% 3.2%
11  Mexico 1,944 +0.9% 2.1%
Total World 93,848 +4.2% 100.0%

Major Oil Producing Regions in 2022

The Middle East accounts for one-third of global oil production and North America makes up almost another one-third of production. The Commonwealth of Independent States—an organization of post-Soviet Union countries—is another major regional producer of oil, with a 15% share of world production.

Region 2022 Production
(Thousand B/D)
YoY Change Share of
World Supply
Middle East 30,743 +9.2% 32.8%
North America 25,290 +5.3% 27.0%
CIS 14,006 +0.9% 14.9%
Africa 7,043 -3.5% 7.5%
Asia Pacific 7,273 -1.4% 7.8%
South & Central
America
6,361 7.2% 6.8%
Europe 3,131 -8.6% 3.3%

1960_Trading Partners

In the 1960s, the U.S. was experiencing its post-war economic boom. Consumer spending was driving swift economic growth, and a rising middle class led to increased demand for luxury goods like TVs and cars. In response to this rising demand, U.S. factories that had been essential to the war effort swooped in quickly, and domestic production began to thrive.

Around the same time, legislation that encouraged international trade was being passed through Congress. In 1962, President John F. Kennedy signed the Trade Expansion Act into law, allowing the American government to negotiate massive tariff cuts with other countries. This ultimately led to the Kennedy Round two years later, which was a series of trade negotiations that resulted in lower tariffs and reduced barriers on exports for developing countries.

Across the pond, Europe was going through its own series of changes in the 1960s. While Britain was the most important player in trade in Europe at the time, the country was also struggling to recover from the financial burden of the two world wars.

Simultaneously, European countries were also banding together in an attempt to balance power and eliminate hegemony within Europe. In 1960, the European Free Trade Association (EFTA) was created, creating free trade agreements between Austria, Denmark, Norway, Portugal, Sweden, Switzerland, and the United Kingdom.

1990: The Emergence of China

By 1990, the world’s international trade landscape was on the cusp of dramatic change.

1990_Trading Partners


For starters, Britain’s global trade dominance had dwindled further, and a newly united Germany had stepped up to pick up the slack. Germany’s automobile industry started to expand rapidly around this time. In 1990, Germany exported 2.6 million cars worldwide, which was fewer than Japan shipped that year, but still enough to make Germany one of the most important trade hubs at the time.

1990 was also around the same time that China was starting to emerge as a global leader. The country’s economy had been picking up steam over the previous decade, thanks to a series of reforms brought on by then-leader Deng Xiaoping that were created to encourage foreign investment and boost international trade.

This new focus on economic growth in China spurred the rapid expansion of free trade zones in the country, which granted certain areas special liberties on importing and exporting goods.

Throughout the 1990s, China’s economic prosperity continued, and its role in international trade became increasingly significant. Finally, at the end of the decade, China became a member of the World Trade Organization, giving the country an unparalleled opportunity to establish itself further as a major global trading partner.


2020: A New World Order

By 2020, China had overtaken the U.S. as the world’s biggest trade partner. But as the country’s influence grew, so did tensions between the U.S. and China.

2020 TRADING partners


In 2018, the Trump administration set tariffs on more than $360 billion in goods, in an effort to encourage Americans to purchase domestic products.

In response, China set its own tariffs on more than $110 billion worth of U.S. goods.

The conflict is still ongoing, and so far, there’s no clear winner in sight.

The tariffs and trade barriers have hurt both countries, and with bilateral trade sputtering, many are left wondering if the peak of globalization is well behind us.

Visualizing Top Economies in the World

According to a recent report from Goldman Sachs, the balance of global economic power is projected to shift dramatically in the coming decades.

In the graphic below, we’ve created a bump chart that provides a historical and predictive overview of the world’s top 15 economies at several milestones: 1980, 2000, 2022, and Goldman Sachs projections for 2050 and 2075.

top economies in the world

Projections and Highlights for 2050

The following table shows the projected top economies in the world for 2050. All figures represent real GDP projections, based on 2021 USD.

Rank Country Real GDP in 2050 (USD trillions)
1  China $41.9
2  US $37.2
3  India $22.2
4  Indonesia $6.3
5  Germany $6.2
6  Japan $6.0
7  UK $5.2
8  Brazil $4.9
9  France $4.6
10  Russia $4.5
11  Mexico $4.2
12  Egypt $3.5
13  Saudi Arabia $3.5
14  Canada $3.4
15  Nigeria $3.4

A major theme of the past several decades has been China and India’s incredible growth. For instance, between 2000 and 2022, India jumped eight spots to become the fifth largest economy, surpassing the UK and France.

By 2050, Goldman Sachs believes that the weight of global GDP will shift even more towards Asia. While this is partly due to Asia outperforming previous forecasts, it is also due to BRICS nations underperforming.

Notably, Indonesia will become the fourth biggest economy by 2050, surpassing Brazil and Russia as the largest emerging market. Indonesia is the world’s largest archipelagic state, and currently has the fourth largest population at 277 million.


Top Economies in the World in 2075

The following table includes the underlying numbers for 2075. Once again, figures represent real GDP projections, based on 2021 USD.

Rank Country Real GDP in 2075 (USD trillions)
1  China $57.0
2  India $52.5
3  US $51.5
4  Indonesia $13.7
5  Nigeria $13.1
6  Pakistan $12.3
7  Egypt $10.4
8  Brazil $8.7
9  Germany $8.1
10  UK $7.6
11  Mexico $7.6
12  Japan $7.5
13  Russia $6.9
14  Philippines $6.6
15  France $6.5

Projecting further to 2075 reveals a drastically different world order, with NigeriaPakistan, and Egypt breaking into the top 10. A major consideration in these estimates is rapid population growth, which should result in a massive labor force across all three nations.

Meanwhile, European economies will continue to slip further down the rankings. Germany, which was once the world’s third largest economy, will sit at ninth behind Brazil.

It should also be noted that ChinaIndia, and the U.S. are expected to have similar GDPs by this time, suggesting somewhat equal economic power.

As a result, how these nations choose to engage with one another is likely to shape the global landscape in ways that have far-reaching implications.

Image

Seaport Trade 2021

THANK YOU

for participating.

Ed   publisher@globalbusiness.media