Tag Archive for 'United States'

Caterpillar Announces Its First Global Operator Challenge: A Tough Competition to Find the World’s Best Operators

Caterpillar is proud to announce the launch of the 2019/2020 Global Operator Challenge Competition. Operators will test their skills against those of fellow operators around the world to determine who can claim the title of “best.”  In each stage of the competition, operators will be challenged to test their agility, mental toughness, and versatility, as well as their competence in using integrated technology to enhance machine performance, such as Cat®Production Measurement and Cat GRADEsystems.

Operators qualifying in the local heats conducted by Cat dealers around the globe will participate in regional semi-final competitions that are to be held in Japan, Brazil, Spain, and the United States during October and November 2019. The winners in each regional semi-final will take part in the global finals that will take place at Conexpo-Con/Agg, Las Vegas, in March 2020. The crowned champion will be awarded an all-expense, “VIP” trip for two to a global Caterpillar facility of his or her choice. 

The Caterpillar 2019/2020 Global Operator Challenge will be the largest-ever competition of its type, following in the success of the European “New Range-New Rules” competition in October 2018 at the Caterpillar Demonstration & Learning Center in Malaga, Spain. In Malaga, 18 operators from 10 nations across Europe, the Middle East, and Eurasia were in the final competition; German operator Sebastian Behr took the top prize.

“In addition,” says Nunley, “this competition will highlight the Cat Next Generation machines that are transforming job sites by increasing productivity to new levels, providing a new experience of comfort, and ease of operation through technology. We hope the Global Operator Challenge will attract more individuals to join our industry.”

For more information about the Caterpillar Global Operator Challenge, contact the local Cat dealer and visit this site for details www.CatGlobalOperatorChallenge.Com.

Wells Fargo Economics Group Reports on How Much of America Foreigners Own

Wells_Fargo_Securities_logoHow Much of America Do Foreigners Own?

Executive Summary

Recently released data show that the value of foreign holdings of U.S. assets rose to $32.5 trillion at the end of Q2-2016 with stocks and bonds accounting for more than one-half of these holdings. Outside of the U.S. government bond market, where foreigners own roughly one-half of the publicly traded debt, foreign ownership of American securities is much less pervasive. About 20 percent of American securities are owned by foreigners. In other words, domestic residents own the vast majority of U.S. stocks and bonds.

In terms of foreign direct investment (FDI), foreigners own about one-third of the fixed assets in the manufacturing sector. But, direct foreign ownership in other sectors of the U.S. economy is not as widespread. In sum, foreign holdings of U.S. assets are sizable, but perceptions that America is owned by foreigners are simply not supported by the data.

Conclusion

The value of American assets held by foreigners has mushroomed over the past few decades and currently stands near $33 trillion with stocks and bonds accounting for more than one-half of these holdings. Foreigners own sizable amounts of U.S. Treasury securities, but holdings are widespread across individual countries. Although China is the largest individual foreign owner of U.S. Treasury securities, its holdings account for only 10 percent of the U.S. government bond market. Foreign holdings of other types of American securities account for much smaller proportions of the markets for those individual securities.

In terms of FDI, foreigners own about one-third of the fixed assets in the manufacturing sector. But, direct foreign ownership in other sectors of the economy is much less pervasive. In sum, foreign holdings of U.S. assets are sizable, but perceptions that America is owned by foreigners are simply not supported by the data.

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