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In Focus - THE NEWS IN PICTURES

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On January 12, Eric Loughran of Team USA takes a qualifying run for the Men’s Aerials during the Intermountain Healthcare Freestyle International Ski World Cup at the Deer Valley Resort. The 24-yearold event was scheduled to wrap up on Friday. EZRA SHAW
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Newsweek International
Jan 28-Feb 04 2022
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Other Articles in this Issue


DEPARTMENTS
The Archives
1965 “One of the great captains of all
Hole in the Net
What good is a social safety net if the people who need help the most can’t access it?
Bullying Tactics
China is trying to force trading partners to toe its line on Taiwan. The U.S. and EU must fight back
Talking Points
"We have no intention to do that at
Italy
Political stability leads to strong economic growth
BCUBE
Italian integrated logistics company growing in strategic sectors
IMA - Italy’s innovation leader
Praising the government’s “ambitious reform programme”, ratings agency S&P Global raised Italy’s outlook to “positive” in late October. The company noted that the government is on track to implement 51 “milestones” related to reform and investment by the end of 2021, and said that a strong investment-led recovery would bring the Italian economy back to prepandemic levels a year earlier than previously forecast. In April, the government presented the European Union with a plan for infrastructure investments and reforms targeted at raising Italy’s growth potential and securing more than $230bn in EU funding. Growth should reach 6% this year, according to offi cial forecasts, supported by both domestic measures and the European Central Bank’s efforts to achieve a unified monetary policy across the eurozone
Sanlorenzo - Italian luxury yacht builder gliding past its competitors
The global yachting market is thriving, with high-net-worth individuals showing clear sign of increasing their spending. Overall, the market for yachts was estimated at $64.1 billion in 2020, and is projected to reach $84.7 billion by 2027. This is good news for Italy, which accounts for the production of more than half of all yachts over 24 meters in length, both in operation and those currently being built worldwide
GCF - Italian railway infrastructure company aiming to expand around the world
Italy’s economy is set to grow by around 6% in 2021, according to official estimates, with the country expected to see strong growth over the coming years as it looks to invest over €220bn in its economy, with €191.5bn in grants and loans coming from the European Union’s pandemic recovery fund; the Mediterranean nation is forecast to spend the highest sum in the EU on rebuilding its economy over the next fi ve years
Gruppo Sapio - European leader in industrial and medical gases eyes billion euro turnover
Italy’s economy grew by 2.6% in the third quarter of 2021, according to the country’s national statistics bureau, with growth up 3.8% year on year. In another positive sign, both industry and services expanded. The government is predicting a GDP rebound of 6% for the full year, with future growth likely aided by more than €200 billion in Covid-19 recovery money from the European Union, which is set to help transform the country’s economy
Sirmax Group - Supplying the world with sustainable high-performing plastics
As the Italian economy looks to move beyond the pandemic, confi dence in the Italian manufacturing sector is growing, with IHS Markit’s Purchasing Managers Index (PMI) for Italy’s manufacturing reaching 61.1 points in October, up from 59.7 the month before, and following a steady rise throughout the last year
Pedrollo Group
Italian water pump giant eyes further expansion
GPI - Digital transformation for sustainable healthcare systems across the globe
The Italian economy could be set for a period of sustained growth, aided by more than €200 billion in Covid-19 recovery money from the European Union, which will be used to help transform the country’s economy, especially in areas like digitalization and sustainability. Italy’s National Recovery and Resilience Plan calls for €5 billion to be spent on digitizing healthcare, of which €1 billion is being set aside for telemedicine
Fratelli Brazzale – The revolution of Italian tradition
Italy’s oldest dairy company embraces changes and modern approaches
At the leading edge of the age of connectivity
A firm that recently celebrated its centenary, electrical components supplier Senba Denki Kazai is ready for the technological challenges of an increasingly connected world
Continuing to sail steadily while facing new directions
Just as resilient as their gearless temperature and pressure gauges, Nesstech continues to evolve and cater to the needs of diverse markets.
The century-old ink experts leaving their imprint on the global market
A specialist in thermal transfer ribbons, Union Chemicar is targeting growth in other product areas, such as the thermal inkjet market, as it continues to strengthen its significant international presence
Cultural Traditions to Celebrate
Each year, UNESCO compiles traditions, knowledge, skills and art from communities across the globe, in a list of “Intangible Cultural Heritage.” The chosen items are not historical monuments or artifacts, but rather “living expressions inherited from our ancestors.” In a time of rapid globalization, the list serves to recognize and celebrate cultural diversity and highlights how traditional ways of life interact with the contemporary world. From the navigation skills of Micronesian wayfarers to a thousand-year pottery tradition carried by women in northern Peru, here’s a snapshot of this year’s list.
Books to Look Forward to for a New Year
BOOKS
Audra McDonald
PARTING SHOT
FEATURES
The Forever Virus
The Omicron wave could possibly mark the beginning of the end of the pandemic. What else does the virus have in store for 2022 and the years to come?
NO APOLOGIES
THE CHRISTIAN PROPHETS WHO PREDICTED DONALD TRUMP WOULD BE REINSTAT ED AS PRESIDENT IN 2021 AREN’T READY TO ADMIT DEFEAT YET
Monozukuri gives Japan its competitive edge
In English, the Japanese word ‘monozukuri’ can be
NKK Switches: Japan’s switch specialist
A company boasting 70 years of experience and an everexpanding international presence, the Kawasaki-based switch manufacturer goes the extra mile to ensure its products are of the highest quality
Yamabiko: Powering its way to global expansion
ECHO INC., owned by Yamabiko Corporation, has been a leader in the outdoor power equipment industry for 50 years and continues to expand domestically and overseas
Customers as the driving force of innovation
Japan’s Iris Ohyama has established itself as a market leader in innovative home appliances, homeware products, and quality business solutions defined by the “user-in” concept
Marugo: The split-toe shoe specialists
“Make it new” is Marugo’s message, and the Japanese firm has taken resolute steps in its mission to demonstrate to the world the value of freeing the big toe in our footwear
Towa: Putting on the working gloves
For over 70 years, Towa has been a leading supplier of gloves for every industry that has required them