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"What a difference a day makes” so go the words of an old song from the ‘30s. Today we could exclaim with the same candor “what a difference one year to the next makes!”, with reference to the global economy in August 2007 and in July 2008.
But, history repeats itself, in a constant succession of historic reiterations, as the classic phrase reminds us..
We were in the same boat in 1991 (at the time of the first Gulf War) then in 1996 (while in Europe the groundwork was being laid for the creation of a problematic monetary union) in 2001 (just after the dramatic terrorist attack on New York) and, a couple of years later than expected, here we are again today, in 2008..
Seven years: the seven biblical years of plenty, and then the anxiety reappears, right on cue. (Un)fortunately, in the meantime, the world has been inundated with liquidity, and the irreparable damage that the euphoria of the good times could have caused to the world economy was, at least, limited. Life goes on, and only the weak in spirit are stricken by panic. The history of the last 60 years has witnessed constant growth over the medium-to-long term, in practically all the geographic areas on the globe, and that’s how it will continue to be for a long time. .
Fenzi has followed this growth pattern since 1941, going global with plants in Europe, Asia and North America, it continually improved its products and broadened its circle of customers to include more than 100 countries..
Figures for the first half were very encouraging and still reflect double-digit growth -- extremely positive performance in a year fraught with economic crises. It means that the world of glass is growing, perhaps in a slightly lopsided manner: less in the older, industrialized economies, and more in the developing countries, but nonetheless, it’s growing. Undoubtedly, it will continue to grow, for those who know how to propose products that offer better performance and are more competitive.
Conventional sealants used for the production of insulating glass units inevitably come into contact with a multitude of other materials when the glass unit is being installed in its frame.Read more»
GLASS AND CHROMATECH FOR THE NEW MERCEDES-BENZ MUSEUM
The historical Stuttgart plant where Mercedes-Benz took shape and came to life has recently been rounded off by an outstanding new building: the Mercedes-Benz Museum.Read more»
FROM SUBPRIME CRISIS TO NEW GENERATION REAL ESTATE
The U.S. financial crisis caused by subprime mortgages has very quickly become an international, or rather, worldwide phenomenon.Read more»
Flash news 2 2008
SUN AND MIRRORS: WHERE SAVING SHINES ARCHITECTURE DOES IT BETTER IN GLASS DOUBLE GLAZED UNITS HELP SAVE ENERGYRead more»