The Rise of Ghost Jobs - Navigating the Haunted Job Market

Preface 

If you are an on-demand manager, often called an interim manager in Europe, a wonderful new world has opened up in recent years: platforms in the digital space. Some emphasize that they operate open platforms, others are closed digital ecosystems. The promise: the projects advertised here are transparent. Once you have registered on the platforms, the application process is quite smooth and quick. After weeks, either nothing happens or the same standard texts appear again and again on the platform. The platform operators claim that the clients respond directly. Really? 

Why Oman is an Ideal Location for Your Regional Headquarters - Part TWO

Muscat (Oman), Jan. 25th, 2025

Preface

In the last week, I have focused in this blog purely on Oman vs. UAE as a location for a regional HQ for an international oil and gas infrastructure engineering company. In this blog, I would like to conclude the topic with a direct argumentation in favour of Oman as the prime choice.  

Setting Up Regional Headquarters: United Arab Emirates vs. Oman - Part ONE

Abu Dhabi (UAE), Jan. 18th, 2025

Preface

A few years ago, I was involved in a project mission for a European engineering company in the oil and gas infrastructure sector in Oman and the United Arab Emirates. I am currently working on a strategic plan for an engineering company in the same industrial sector - primarily in South America and parts of the Middle East. The focus is again on Oman.

Argentina's Fiscal Surplus - A Temporary Triumph or a Sustainable Path?

Buenos Aires (ARG), Jan. 14, 2025 

Preface

After a year in office, the new Argentine government has achieved a remarkable milestone: the first positive result on public accounts in 16 years. While this fiscal surplus is a significant achievement, it raises critical questions about its sustainability and the broader economic strategy needed for long-term stability.

The Impact of Higher International Tariffs on Mexico and the USMCA in 2025

Preface

As we approach 2025, the global trade landscape is poised for significant changes, particularly with the anticipated increase in international tariffs by the United States. This shift will have profound implications for Mexico and the United States-Mexico-Canada Agreement (USMCA). Let's explore what these changes might mean for both Mexico and the broader North American trade framework.

Discover Liberdade: São Paulo's Vibrant Japanese Quarter

São Paulo, Dec. 28th, 2024

Nestled in the heart of São Paulo, the Liberdade neighborhood is a cultural gem that offers a unique blend of Brazilian and Japanese influences. Known as the largest Japanese community outside Japan, Liberdade is a must-visit destination for anyone looking to experience the rich heritage and vibrant atmosphere of this bustling district.

Could Argentina Launch a Cryptocurrency Backed by Mining Resources and Lithium Reserves?

Montevideo (URG)/Hamburg (GER), Dec. 21, 2024

Preface

Argentina, a country rich in natural resources, has the potential to become a global leader in the lithium market, especially with the increasing demand for the mineral driven by the electric vehicle and renewable energy industries. This raises a compelling question: could Argentina capitalize on its vast mining and lithium reserves by launching a national cryptocurrency backed by these valuable assets?

Should Argentina Develop Its Own National Cryptocurrency? Exploring the Pros and Cons

Montevideo (URG), Dec. 07th, 2024

Preface

Argentina has long grappled with economic instability marked by high inflation, currency depreciation, and frequent financial crises. Over the past few years, many Argentinians have turned to cryptocurrencies as a hedge against these challenges. But could the next step be for Argentina to create its own national cryptocurrency? In this blog, we'll (our iMB.Solutions team in Argentina and me) explore the potential benefits and drawbacks of this bold move.

Implementing Cryptocurrency in Argentina - Challenges, Opportunities, and Strategies

Buenos Aires - ARGENTINA, Nov. 30th, 2024

Preface

Argentina is no stranger to economic innovation. Faced with ongoing inflation and fluctuating currency values, many Argentinians have shown interest in cryptocurrencies as an alternative financial solution. However, while cryptocurrency holds promise for improving financial access and stability, several significant hurdles remain.

Mexican Automotive Industry Hits Historic Milestone: Over 4 Million Cars Assembled in 2024

Mexico City (MEX), Nov. 23, 2024

The Mexican automotive industry has reached an unprecedented milestone in 2024, assembling over 4 million vehicles for the first time in its history. This remarkable achievement underscores Mexico's growing prominence in the global automotive landscape and highlights the strategic advantages that have propelled the industry to new heights.

A Year of Record-Breaking Production

In 2024, Mexico's automotive sector experienced a significant surge in production, driven by increased demand and strategic investments from major global automakers. Companies like General Motors, Nissan, Volkswagen, and Stellantis played pivotal roles in this success, with General Motors alone producing over 503,000 vehicles in the first seven months of the year. This surge in production is a testament to the robust infrastructure and skilled workforce that Mexico offers.

Key Factors Behind the Success

Several factors have contributed to this record-breaking year:

1. Strategic Location and Trade Agreements: Mexico's proximity to the United States, coupled with favorable trade agreements like the United States-Mexico-Canada Agreement (USMCA), has made it an attractive hub for automotive manufacturing. These agreements facilitate smoother trade relations and offer economic incentives that benefit the industry.
2. Cost-Effective Manufacturing: Competitive labor costs in Mexico provide a significant advantage over other manufacturing hubs. This cost-effectiveness has attracted numerous automakers looking to optimize their production expenses without compromising on quality.
3. Investment in Technology and Infrastructure: Continuous investment in advanced manufacturing technologies and infrastructure has enhanced Mexico's production capabilities. This includes the adoption of automation and innovative production techniques that increase efficiency and output.
4. Diverse Manufacturing Ecosystem: Mexico's automotive industry is supported by a diverse ecosystem of suppliers and ancillary businesses. This comprehensive network ensures a steady supply of components and services essential for vehicle assembly.

Impact on the Economy

The automotive industry's growth has had a profound impact on Mexico's economy. It has created thousands of jobs, boosted exports, and attracted further foreign investment. In the first seven months of 2024 alone, light vehicle exports increased by 8.44%, reaching nearly 2 million units. This export growth not only strengthens Mexico's trade balance but also solidifies its position as a key player in the global automotive market.

Looking Ahead

As Mexico continues to build on this momentum, the future looks promising for its automotive industry. The ongoing shift towards electric vehicles (EVs) presents new opportunities for growth and innovation. With strategic policies and continued investment, Mexico is well-positioned to remain a dominant force in automotive manufacturing for years to come.

In conclusion, the assembly of over 4 million vehicles in 2024 marks a historic achievement for Mexico's automotive industry. It reflects the country's strategic advantages, robust infrastructure, and the unwavering commitment of its workforce. As the industry evolves, Mexico's role in the global automotive landscape is set to become even more significant.

>>>read also>>>

The Rise Of Automotive Manufacturing In Mexico - Forbes

Automotive Boom in Mexico: Production Soars in 2024

Petrobras' Groundbreaking Gas Discovery in the Caribbean Sea

                     Rio de Janeiro (BRZ), Nov. 09, 2024

In a significant development for the energy sector, Petrobras, the Brazilian oil giant, has announced the discovery of a massive offshore gas field in the Caribbean Sea, off the coast of Colombia. This discovery, made in collaboration with Colombia's state-run oil and gas company Ecopetrol, marks a major milestone in the exploration and production of natural gas in the region.

The Discovery

The gas field, located in the Guajira Offshore Basin, is estimated to hold around 6 trillion cubic feet (tcf) of gas. The discovery was made at the Uchuva-1 and Uchuva-2 wells, now renamed Sirius-1 and Sirius-2. These wells are situated in deep waters, approximately 32 kilometers from the coast and 76 kilometers from the city of Santa Marta.

Strategic Importance

This discovery is not just a win for Petrobras and Ecopetrol but also for Colombia, which stands to significantly boost its natural gas reserves. The Sirius project is expected to be the largest offshore discovery in Colombia and could potentially double the nation's gas reserves. This is a crucial step towards energy security and sustainability for the country.

Future Prospects

Petrobras and Ecopetrol plan to continue the development of the area, adhering to the contractual agreements with the National Hydrocarbons Agency. The initial conception of the Sirius project foresees the first offshore gas production between 2029 and 2030, with an expected production of 13.3 million cubic meters per day for ten years. The total investment to develop the Sirius project is estimated to be around $5 billion, with $2 billion allocated for exploration and $3 billion for production development.

Environmental and Economic Impact

The discovery and subsequent development of this gas field are expected to have significant economic benefits for both Brazil and Colombia. It will create jobs, boost local economies, and contribute to the overall energy supply in the region. Moreover, natural gas is a cleaner alternative to other fossil fuels, aligning with global efforts to reduce carbon emissions and combat climate change.

Conclusion

Petrobras' discovery in the Caribbean Sea is a testament to the potential of offshore exploration and the importance of international collaboration in the energy sector. As the project progresses, it will be interesting to see how it shapes the future of energy production in Colombia and beyond.

This discovery not only highlights the capabilities of Petrobras and Ecopetrol but also underscores the importance of sustainable and strategic energy exploration. The world will be watching as these two giants work together to harness the potential of this significant natural gas reserve.

>>>read also>>>

Petrobras and Ecopetrol announce major gas finds in Colombia

US Election 2024 - Global Economy on the Line, No Matter Who Wins

As many of you know, I've been doing project missions in the USMCA region recently and finally, after so many years, I'm back operating in Mexico. Brazil and Mexico are already my favorites in Latin America. In these projects, I always had/have a lively exchange with the border states of the USA in particular - especially Arizona, New Mexico and Texas.

Now, the world waits with bated breath as the United States heads toward the Nov. 05, 2024 presidential election. With frontrunners Donald Trump and Kamala Harris presenting opposing strategies for America’s future, the outcome will ripple across global markets, impacting everything from inflation to climate policy. Whether it’s a second Trump administration or a first term under Harris, the policies of the next US president will have far-reaching economic consequences.

The State of the US Economy: Resilient but Unstable

The US economy has shown resilience, weathering higher interest rates and persistent global uncertainties. However, inflation remains a significant challenge. The Federal Reserve’s policy responses—already impacting the domestic economy—are increasingly reactive to an environment of supply shocks and structural labor shortages. A new administration, regardless of political orientation, will need to navigate a more unpredictable inflation landscape.

Policies aimed at stimulating demand, like tax cuts, or those that target supply issues, such as tariff increases, could bring renewed inflationary pressure. This would leave the Federal Reserve with little choice but to raise interest rates further, potentially reaching an uncomfortable level that could strain the economy.

The question remains: how will US policies impact not only the domestic economy but global trade?

Global Trade in the Balance

Global trade, already recalibrated during Trump’s first term, hangs in the balance. Trump’s administration took a hard stance on tariffs, especially against China, marking a departure from prior US trade policy. His 2024 campaign continues this theme, emphasizing tariffs as a tool for economic leverage. Should Trump win, tariffs on Chinese imports could climb modestly from 2.5% to about 4.5%, short of his campaign’s 10% goal but still potent enough to erode US growth. Higher tariffs would likely stoke inflationary pressures, adding another layer of complexity to the Federal Reserve’s already delicate balancing act.

In contrast, a Harris presidency would bring different trade priorities. The Biden administration has championed industrial subsidies as a way to protect and foster domestic industries. These subsidies represent a subtler form of protectionism, one that is likely to continue if Harris prevails. While tariffs may not increase under Harris, her administration’s approach could still disrupt trade dynamics, as US subsidies could disadvantage foreign competitors.

Energy and Climate: A Divisive Path

Both candidates share a broad ambition for energy independence and economic self-sufficiency. However, their approaches to achieving these goals differ sharply, especially in terms of climate policy. For Kamala Harris, climate regulations would tighten, bolstering the clean energy sector and accelerating the shift away from fossil fuels. Her administration would likely emphasize reducing emissions, supporting renewable infrastructure, and aiming for aggressive climate targets.

In contrast, Donald Trump’s energy policy seeks to sustain the fossil fuel industry, at least in the short term. Although market trends suggest an eventual shift to renewables, a Trump administration could slow this progress by rolling back environmental regulations and promoting fossil fuel production. This divergence could fracture the global response to climate change, leading to economic costs that go beyond national borders and stalling the worldwide green transition.

What Lies Ahead?

Ultimately, the outcome of the 2024 election could set the tone for the global economy in the coming years. A Trump victory signals renewed trade tensions, potential inflation surges, and a delay in climate progress, while a Harris administration would continue a protectionist stance through subsidies and champion more climate-focused policies.For global markets and economies intertwined with the US, the aftershocks of November’s vote will likely be felt for years.

No matter the victor, the world must prepare for an era of economic policies driven by national priorities—and the wide-reaching global impact that accompanies them.

A Closer Look on Mexico

USMCA Faces New Scrutiny Amid Election Threats and Geopolitical Tensions

In the evolving landscape of North American trade, the United States-Mexico-Canada Agreement (USMCA) faces increasing scrutiny as geopolitical and economic dynamics shift. A surge in Chinese imports flowing into Mexico has raised questions about the resilience and long-term objectives of the trade deal. As the 2026 review of the USMCA approaches, experts speculate on the impact of upcoming elections and policy shifts on the future of North American trade.

Mexico’s Role in the Supply Chain Reconfiguration

Talking with C-level managers of Freightos, highlights that Mexico has become an attractive destination for foreign companies, including American firms, to mitigate costs in response to global supply chain disruptions. During our project missions 2023/24 in Mexico It’s clear that foreign and American companies are turning to Mexico to lower costs amid ongoing supply chain reconfigurations. This trend, which began during the pandemic, has gained momentum as businesses seek to build resilience and adapt to economic shifts.

The influx of Chinese goods into Mexico is driven not only by lower production costs but also by strategic advantages. Mexico’s proximity to the U.S. makes it an attractive alternative for companies looking to move goods efficiently into the North American market. However, the question remains whether the next U.S. administration will closely examine the USMCA’s role in facilitating these trade flows, potentially reconsidering provisions that enable Asian goods to enter the U.S. market via Mexico.

USMCA Review - A Period of Uncertainty

The USMCA, which replaced the North American Free Trade Agreement (NAFTA) in 2020, includes a six-year review clause, with the first review scheduled for July 2026. This provision allows any of the three countries to propose changes or withdraw from the agreement, triggering a prolonged period of uncertainty should any party opt to negotiate different terms.

During all project missions executed, specially in 2024, I emphasized that this review will likely include a close examination of how Chinese goods enter North America through Mexico. It seems that China is using Mexico as a strategic platform to move materials and parts into North America, I would remarked, adding that the question of how to handle duties—tariffs imposed on Chinese goods—could become a major topic in the 2026 review discussions.

Potential Policy Changes Under a New Administration

The U.S. political landscape will play a critical role in shaping the future of the USMCA. The potential return of former President Donald Trump, who was instrumental in renegotiating NAFTA into the USMCA, has raised concerns among logistics managers and companies. Some fear that a renewed Trump administration could lead to additional tariffs on Chinese goods entering the U.S., possibly as high as 60% to 100%. Businesses are already strategizing to front-load imports to mitigate the risk of sudden policy shifts that could impact costs and trade flows.

During our iMB.Solutions project missions with a European client of mobility industry in the first semester of 2024, we analyst a huge bundge of information sources, among national press secretary for Trump’s 2024 campaign, emphasized that Trump would continue his approach of prioritizing American workers and farmers in trade negotiations. They argued that the current administration’s policies have allowed China to gain undue advantages, particularly with regard to electric vehicle mandates, and warned that these issues could worsen if the current administration remains in office.

While the Harris-Biden administration has yet to comment on these developments, the impact of a potential policy shift could have significant implications for trade relations, particularly if stricter regulations are placed on Chinese imports routed through Mexico.

Mexico’s Growing Role in North American Trade

Despite potential challenges, we (iMB.Solutions) believe that Mexico’s role in North American supply chains will continue to expand. If all three countries agree to renew the USMCA, we (iMB.Solutions) don’t expect the flow of goods from China into Mexico to slow down.

As global trade evolves in an increasingly complex geopolitical environment, Mexico’s strategic importance within North America is set to grow, further strengthening its role in regional supply chains.

In the lead-up to the USMCA’s 2026 review, companies are closely monitoring political and economic developments. For businesses navigating this complex trade environment, Mexico remains a critical hub, but the road ahead is clouded with uncertainty. The outcome of the todays U.S. elections and the subsequent USMCA review will play a decisive role in determining whether Mexico can sustain its current position as a key node in North American supply chains.

If you want to dive a little deeper into scenario generation, here is my absolute blog recommendation. Without question, it's also a highlight if you're looking for a rapidly new approach to strategic planning. In any case, I am very focused on USMCA - no matter how it turns out, you should be prepared for tactical adjustments with a view to value creation in USMCA. But remember: strategic scenario generation comes before tactics.

>>> READ BLOG: Unlocking Strategic Business Scenarios with Generative AI as a Project Assistant - Scenario Generation USMCA

https://www.imb.solutions/blog-newsletter/unlocking-strategic-business-scenarios-with-generative-ai-as-a-project-assistant-scenario-generation-usmca

Chinese XCMG to Showcase 747-Horsepower Electric Truck at Fenatran 2024

The Brazilian transportation industry is set to witness a groundbreaking innovation at the upcoming Fenatran exhibition, as Chinese company XCMG prepares to unveil its 747-horsepower electric truck. This event, scheduled to take place from November 4 to 8, 2024, in São Paulo, will be a significant platform for showcasing the latest advancements in heavy-duty electric vehicles.

The XCMG E7-80T: A Game-Changer in the Industry

The XCMG E7-80T is an impressive feat of engineering, boasting a motor with 747 horsepower and a torque of 285.7 mkgf. With a maximum towing capacity of 80 tons, this electric truck is designed to meet the demanding needs of the transportation sector while promoting sustainability and reducing carbon emissions.

Why This Matters

The introduction of such a powerful electric truck is a major step towards greener and more efficient transportation solutions. As the world increasingly focuses on reducing greenhouse gas emissions, the adoption of electric vehicles in the heavy-duty sector is crucial. XCMG's E7-80T represents a significant advancement in this direction, offering a viable alternative to traditional diesel-powered trucks.

Fenatran 2024: A Hub for Innovation

Fenatran, Latin America's largest road freight transportation exhibition, provides an ideal platform for companies like XCMG to showcase their latest innovations. The event attracts industry professionals, policymakers, and investors from around the world, making it an excellent opportunity for XCMG to demonstrate the capabilities of its electric truck and attract potential customers and partners.

The Future of Electric Trucks in Brazil

The introduction of the XCMG E7-80T at Fenatran 2024 is a promising sign for the future of electric trucks in Brazil. As the country continues to invest in sustainable infrastructure and renewable energy, the demand for electric vehicles is expected to grow. XCMG's presence at the exhibition highlights the company's commitment to innovation and its role in shaping the future of the transportation industry.

Conclusion

XCMG's unveiling of the 747-horsepower electric truck at Fenatran 2024 is a significant milestone for the Brazilian transportation industry. This powerful and sustainable vehicle represents a major step towards greener logistics and highlights the potential for electric trucks to transform the sector. As Brazil continues to embrace sustainable solutions, the future looks bright for electric vehicles and the companies leading the charge.

Observation

If you look for a meeting with me or consultants and interim managers from iMB.Solutions, please get in contact! We´ll be present on the show.

Contact Hub iMB.Solutions: e-mail us or give us a call!

FENATRAN 2024

Embracing Global Opportunities - The Journey Casted in BizDev Circular

São Paulo, Friday, Oct. 24, 2024

Welcome to the inaugural blog of my new blog called BizDev Circular! Now you're going to say - damn, another blog, even more digital content. Yes, that's true. But I'm sure that I will bring you real added value here and at this point in the digital space. 

Why?

As you know, I am one of the founding partners of iMB.Solutions. On the other hand, I also operate independently of iMB, especially in international project missions. 

And it is precisely these impressions that I want to discuss with you here in the blogs as soon as possible. Impressions from Brazil, Mexico, the Andes region, the USA/USMCA and also Europe, sometimes BRICS.

Together with a number of independent consulting firms, iMB.Solutions is also in constant contact with colleagues in this emerging global alliance. We should not lose sight of the BRICS: this group already represents around 35% of global GDP, while the G7 accounts for just 29%.

In our project network, we are integrated with independent consultants and interim managers in the BRICS. Experiences and observations from the day-to-day project perspective sometimes say much more about developments than the big strategic overviews. 

It is precisely these situations that I would like to discuss with you here, detached from the context of iMB.Solutions. Guest bloggers from the BRICS will also be publishing here from time to time.   

The Brave New World 

The dynamics in terms of speed and uncertain decision-making in emerging markets currently show remarkable parallels to the changing conditions in Europe and North America. This convergence is the result of a redefining globalized world economy, technological advances and geopolitical shifts that are shaping the economic landscapes on both sides of the Atlantic. The Brave New World is becoming more and more visible on the horizon every day.

My Project Trail

For many years I have been active in project missions outside Europe for clients from Europe, North America and South America, especially Brazil.

As a reliable partner for transformative business development projects, tactical and strategic solutions through to implementation, I actively support my clients.

As an experienced Senior Business Development Interim Manager and Independent Consultant, I offer unique expertise for my client companies. My many years of international experience, especially in emerging markets, is the key to success in mastering the challenges of a massively dynamic world.

Through my constant project work in demanding environments, I have developed an exceptionally high, robust and proven resilience. In uncertain times and rapidly changing markets, I keep a clear head and stand by my clients as a reliable partner to turn their visions into reality.

My way of working is characterized by analytical precision and creativity at the same time. I bring all my expertise and commitment to bear to develop innovative solutions and drive projects forward. I also attach great importance to effective teamwork in order to get the best out of every project.

Even with limited information, I am not afraid to make decisions and bring them to a solid conclusion. My extensive practical experience and strategic skills enable me to make smart and focused decisions that move my clients forward.

As one of the founders and an independently active international senior business development manager on demand, in Europe known as interim manager, I am thrilled to share insights from my journey and the exciting opportunities that lie ahead.

A Vision for Global Impact

At iMB.Solutions, our mission is to drive growth and innovation across borders. As a founder, I have always believed in the power of strategic business development to unlock new markets and create sustainable value. My role as an interim manager allows me to bring this vision to life, one project at a time.

Navigating International Waters

The world of international business is dynamic and ever-changing. Each project presents unique challenges and opportunities, requiring a blend of strategic thinking, cultural awareness, and adaptability. Whether it's entering emerging markets or optimizing operations in established regions, my goal is to deliver impactful solutions that drive success.

Independent and Agile

Despite my foundational role at iMB.Solutions, I remain independently active in international project missions. This independence allows me to stay agile and responsive to the needs of my clients, providing tailored solutions that align with their specific goals and market conditions. It also enables me to continuously expand my expertise and stay ahead of industry trends.

Building Bridges Across Borders

One of the most rewarding aspects of my work is the opportunity to build bridges across borders. By fostering strong relationships with clients, partners, and stakeholders worldwide, I help create a collaborative environment where innovation thrives. These connections are the cornerstone of our success and the driving force behind our global impact.

Looking Ahead

As we embark on this journey together, I am excited about the future of iMB.Solutions and the endless possibilities that lie ahead. Through our collective efforts, we will continue to push the boundaries of what's possible in international business development, delivering exceptional value to our clients and making a positive impact on the global stage.

Thank you for joining BizDev Circular on this exciting journey. Stay tuned for more updates, insights, and stories from the world of international business development.