Bank of England Deputy Gov. Rupert Pennant-Rea: 'The world is the appropriate business unit.' (Cover Story)

Article Abstract:

Former 'Economist' editor and current Bank of England Deputy Gov Rupert Pennant-Rea maintains that international trade negotiations and the impending European unification are key aspects of the ever-accelerating globalization of economic life. According to Pennant-Rea, Pres Clinton incorrectly increases the role of government to protect US strategic initiatives. Pennant-Rea believes more appropriate directions are taken by firms that treat the entire world as a business unit. He added that deregulation, technology and increased investment now make economic activity distinctly international.

Bank holding companies, Banking industry, Business, Officials and employees, Bank of England, Pennant-Rea, Rupert

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Robert McNamara: 'If we don't change soon, we're going to have to change.' (former World Bank Group of Institutions president on issues of population growth, industry and the environment, and the end of the Cold War)(includes related article) (Interview)

Article Abstract:

Former World Bank Pres Robert S. McNamara shares his views on the international impact of unchecked population growth, environmental problems arising from industrialization and the end of the Cold War. McNamara says that the rapidly increasing population will have considerable impact, not only on the environment, but on the social structure and services as well. On the other hand, industries must use innovative technologies to reduce environmental stress. As to the end of the Cold War, McNamara sees opportunities for economic and political developments worldwide.

Influence, Environmental aspects, Industry, Industries, Cold War, 1945-1991, McNamara, Robert S., Population policy

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UPS COO Jim Kelly: bold days for 'Big Brown.' (United Parcel Service of America Inc.)(includes related articles)(Cover Story)

Article Abstract:

United Parcel Service of America COO Jim Kelly believes that the courier's 100% executive ownership is the reason why it survived the European trade war with Federal Express. The company, which had lost nearly $1 billion in its foray into the European market, has a long-term pan-European strategy which analysts say will ultimately bring in multimillion-dollar profits. The courier recently inked a five-year $1-billion contract with JC Penney and established UPS Worldwide Logistics to expand its service offerings.

Courier Services, Security Guards and Patrol Services, Detective & armored car services, Management, Delivery services, Express delivery services, United Parcel Service of America Inc., Kelly, Jim (English novelist)

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