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More than 30 States in the U.S. are beginning to reopen in various degrees over the next couple of weeks as US closes in on 1 million coronavirus cases.
An increasing demand for smart street lighting makes the US a growing and interesting market for Danish companies. With Europe’s leading living lab for intelligent lighting and Smart City-services, DOLL, Denmark has proven it is possible to create livable, sustainable and resource efficient cities through the means of technology.
A national development program enabling 400 SMEs from Denmark to adopt circular economy practices.
We are looking for American partners who are interested in pitching a challenge for innovative companies to solve.
Relief packages in the U.S. to mitigate the economic effects of the corona crisis are reaching unprecedented heights with a collective sum of $3,000 billion.
The Circular City Week has once again established itself as a North-American beacon of the circular economy movement and succeeded in bringing together organizations across industries and sectors with a growing interest in the circular agenda.
In Spring 2019, China passed a new Foreign Investment Law (FIL), thereby granting foreign-invested enterprises and local companies equal treatment in the market. The Foreign Investment Law came into effect on 1st January 2020 and replaced the foreign investment regime referred to as the “Three Laws on Foreign Capital”. The new Foreign Investment Law, that should be considered as a framework guiding future foreign investment legislation, addresses some of the biggest challenges facing foreign investors: intellectual property rights, forced technology transfers and equal treatment in government procurement between local and foreign enterprises.
China’s corporate social system has been a hot topic for media all over the world. Often, it has been presented as a futuristic, AI-powered and Orwellian system that has been created to monitor and control the society by assigning a score to each individual. In reality, China’s social credit system is more like an effort to centralize already collected data from different governmental agencies in order to promote trust and strengthen the marketplace by regulating corporate behavior in the Chinese market and enforcing existing regulations.
During the past 10 years, New York State has established itself as a global beacon within sustainable urban development and the ambitious policy movement creates growing market opportunities for Danish companies. The new Workforce Development Initiative ensures qualified workers with in-demand skills in New York for Danish companies.
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produktudvikling og produkttilpasning til det tyske marked af erfarne lokale eksperter.

How Does COVID-19 Affect the U.S. Market

April 1, 2020

Relief packages in the U.S. to mitigate the economic effects of the corona crisis are reaching unprecedented heights with a collective sum of $3,000 billion.

The Situation as it Stands

With more than 957,000 registered cases in the U.S. it is the country with the highest number of COVID-19 cases in the world. 26 million Americans have filed for unemployment benefits the past five weeks indicating how serious the situation is evolving.

Friday April 24, a $484 billion relief package was adopted by the House of Representatives in the U.S. to support, among other things, small businesses critically affected by the corona crisis. This is the fourth package, totaling the collective support to U.S. companies to $3,000 billion. In addition, the U.S. Federal Reserve has set up loan programs to provide $2,300 billion in economic support to companies.

The relief and support plans are important steps in attempt to stabilize the situation and rescuing a distressed business community, stated by Louis Funder, U.S. General Manager for the Confederation of Danish Industry:

“Several companies applied for the original package. Unfortunately, not everyone was able to get support before the money was spent. Now, companies are being given a new opportunity to help cover ongoing expenses, enabling them to retain their employees in a difficult time”

Are You Also Affected?

For further information about the situation in the U.S. please see the latest report from the Confederation of Danish Industry. The report provides a selection of information on essential developments related to the Corona crisis in the U.S. As for now, reports are also available on the situation in China, United Kingdom, Germany, France and Sweden.

For comments or questions please contact Louis Funder, U.S. General Manager at lfk@di.dk

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How Does COVID-19 Affect the U.S. Market

How Does COVID-19 Affect the U.S. Market

Relief packages in the U.S. to mitigate the economic effects of the corona crisis are reaching unprecedented heights with a collective sum of $3,000 billion.

Relief packages in the U.S. to mitigate the economic effects of the corona crisis are reaching unprecedented heights with a collective sum of $3,000 billion.

The Situation as it Stands

Are You Also Affected?