Earlier today I spoke at the National Press Club in Washington, DC to report the findings of a study commissioned by the Energy Security Leadership Council. The ESLC is comprised of some of America’s business CEOs and retired four-star military officers. They make recommendations for a policy to reduce U.S. oil dependence and improve energy security.
Yesterday FedEx Express issued a press release announcing it is increasing service capabilities in Mexico both domestically and internationally. The announcement goes on to say:: “FedEx is currently expanding its air cargo terminal and bonded warehouse facility at Miguel Hidalgo y Costilla International Airport in Guadalajara, Jalisco, which serves as a principal center of operations for FedEx Express international and domestic shipments in Mexico.
I had the good fortune to live and work in China about 10 years ago. It was (and is) one of the most challenging and dynamic countries in the world -- and I have worked in quite a few countries in my 34 years with FedEx!
Much has changed in China over the years, but our commitment to China never has. The newly opened Asia Pacific hub in Guangzhou, China is the latest milestone for FedEx -- it is now our largest hub outside of the U.S.
Every year, leaders from industry, government and civil society meet in Davos, Switzerland for the World Economic Forum’s annual meeting. This year’s meeting was held from January 29 through February 1 with a central theme, “Shaping the Post-Crisis World.” The objective was to ensure that we look at the world in a holistic, systemic way going forward.
As the Year of the Ox is about to begin (January 26), I hope the anxiety and fear from the Year of the Rat will give way and in its place confidence will re-emerge. In our complex economic world, theories were tested; experiments were made. Some of them failed; some were derailed; some still look for validation. We are traveling in uncharted waters as the magnitude of deleveraging is unprecedented. To avoid an outright liquidity trap now and to protect the economy’s long-term growth viability after a huge run-up in public debt, a new course has to be mapped based on integrated political
