The International Federation of Robotics (IFR) publishes a report each year on the use of robots in manufacturing in countries around the world. According to the latest date, Korea is the top country for industrial robots use with about 1,000 per 10,000 workers in manufacturing industry. Singapore came in at second followed by Japan and Germany …
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The life expectancy at 65 is important because how long people people live after retirement. According to the latest OECD data, people in Japan live the longest at age 65 as shown in the chart below. Other countries with high life expectancy at 65 are Korea, Spain, France and Switzerland. Click to enlarge Note: The …
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Amtrak is the national passenger railroad company is the US. Unlike other countries Amtrak does not own most of the tracks its trains run on. Most of the tracks are owned by the freight railroad companies. So it is not uncommon Amtrak trains and freight trains compete for the same track at the same time. …
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Oil and natural gas is the largest part of the US energy consumption mix. In 2021, it accounted for 70% according to EIA data. Though renewal energy is pickup in the past few years oil and gas will continue to play a major role in years to come. EIA projects the share of oil & …
Labor wages vary across countries. For the same work, the wages in a developed country is traditionally much higher than in emerging countries. Hence it is no secret that companies looking to reduce labor costs tend to move their operations to the developing world. I recently came across an interesting article titled “Which country will …
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