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With the releases of movies and television shows such as “Return to Seoul,” “RRR,” “All Quiet on the Western Front,” and “Alice in Borderland,” 2022 has been an explosive year for the international film industry. In fact, foreign entertainment content has experienced significant growth as streaming service-giants like Netflix, Disney+, and Amazon Prime continue to.

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The Music Tourism Market, which took a big hit due to the Covid-19 pandemic, is now rising rapidly. refers to traveling to a destination with the specific intent of going to a concert or music festival. Hosting an event related to music is very beneficial and lucrative for the host cities as many people will support their by going out to eat and sightseeing while there for the event they’re attending. Along with this, the allure of to a new place commonly motivates people to attend concerts and music festivals abroad. In 2022 the Music Tourism Market was valued at USD, and the market only continues to grow; FMI predicts it will reach USD by 2032.

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With more than  users across the globe,  has taken the social media world by storm. Users of all ages across the world spend time on the app daily, engrossed in the latest trends, dances, products, and more, making the app the web domain worldwide. While the platform may have experienced exponential growth over the last few years, this trend might start to reverse, thanks to new bands countries are placing on the app.

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The global surge for renewable energy is increasing yearly, with set in 2020 and 2021, with expectations of this trend to continue with 2022 reports. Many countries have been of solar, wind, and other energy sources to reduce their carbon footprint and help have energy independence. Some countries have begun to and supply of solar panels. At the same time, some expect to increase their use within their borders. Whether in Europe, Asia, or North America, renewable energy will be in high demand .

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The discovery of a sizable rare-earth element deposit in Sweden raises new expectations for Europe's  away from fossil fuels and a reduction in the reliance on China, which currently supplies most of the vital minerals. Rare-earth elements are  for renewable energy and electric vehicles. The Swedish state-owned mining corporation LKAB has already started creating a  to extract the components from the largest known deposit in Europe. The deposit contains certain rare-earth elements that might be  to make permanent magnets, which are needed to power electric motors and wind turbines. The mining of iron ore may result in the  of rare-earth elements as a byproduct.

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In China, many business owners   for a new year with no restrictions as China has lifted the Zero COVID-19 Policy. On December 7th, 2022, China put an  to this policy. The critical question is what this means for China’s economy for the coming years and the effect on the supply chain. The world is connected through  in those chains causes global production and the world economy trouble. The abrupt move away from the Zero COVID policy could  that China may begin focusing once again on economic growth. However, China is now facing new  and a wave of COVID-19 sweeping through the country, impacting the growth of these newly opened supply chains.

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While coffee is known as one of the world's favorite beverages, a lower-caffeine option. Matcha, a to green tea, has been storming the world. The rapid growth of the matcha industry is backed by its popularity through social media and immense health .

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Welcome back to the ºìÌÒÊÓƵ Blog! Our student authors have returned from their Michigan State University winter breaks and are excited to begin the Spring 2023 season of the ºìÌÒÊÓƵ blog.

We will be posting blogs every Monday through Thursday. Keep checking in to find new stories regarding international topics, including specific market overviews, analysis of growing industries, current events in business, and more!