Joana Maranhao retired from swimming after the last Olympic Games in London, partly because she felt she could no longer compete at the top level and partly because she has a new battle to fight.The battle to curb the child sex trade
Hershey stopped producing chocolate in Smiths Falls, Ontario, six years ago. The work went to Mexico, but the factory remains, along with reminders of the glory days: A sign that once directed school buses delivering children for tours. A fading, theme-park-style entrance that marks what used to be the big attraction — a “Chocolate Shoppe” that sold about $4 million of broken candy and bulk bars a year.
Reading between the lines of a just-released optimistic report on global flows of goods, services and finance by the McKinsey Global Institute, one can conclude that the developed world is benefiting more from globalization than the developing one. Emerging economies, however, are working doggedly to reverse that trend.