A Quote by Rex Tillerson
In the business world, we can point to instances when a lack of integrity has bankrupted entire companies - in sectors as different as finance, telecommunications, manufacturing, and energy.
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In my country, Gabon, entry into the digital age, which is the future, can be seen in numerous sectors - from telecommunications to security, finance, and hospitality.
Can companies just claim a total lack of political responsibility in how their technology is used in all instances? It's something that companies should be thinking about when they sell their technologies around the world.
Mexico is trapped by a dense network of rent-seekers and monopolies in sectors that are crucial for economic growth, including telecommunications, energy, transportation, and financial services.
One of the good things that's happening in manufacturing in Mexico is that the old maquiladora that was relegated to just assembling things has changed in different sectors. One of these sectors is the aerospace industry and in how we attract workers that have been in technical school.
Where are the jobs going to come from? Small business, manufacturing and clean energy. Where's the money to finance them? The banks and the corporations in America today have lots of money that they can invest right now.
Where are the jobs going to come from?Small business, manufacturing and clean energy. Where's the money to finance them? The banks and the corporations in America today have lots of money that they can invest right now.
When I was a teenager, the most valuable American companies were in finance and manufacturing.
There is no lack of profitability or investment among these telecommunications companies. There is nothing that an open-internet order did to them that diminished their success.
We take smaller companies and middle-sized companies, all around the world, and we do currency exchange for them; we raise bonds and equities for them; and we do inventory finance, trade finance, and custody of assets.
In business, integrity is just as important as in any of the great public offices... but I believe one of the first and fundamental obligations of competent business leadership is above all to protect the reputation and integrity of the business - to that degree the integrity of the business is the integrity of the leader.
In terms of energy sectors, we need coal; we need oil; we need gas; we need uranium. And we need to have rules and regulations that allow those companies to stay in business.
America is home to the best researchers, advanced manufacturers, and entrepreneurs in the world. There is no reason we cannot lead the planet in manufacturing solar panels and wind turbines, engineering the smart energy grid, and inspiring the next great companies that will be the titans of a new green energy economy.
Energy is under siege by the Obama administration, under absolute siege. The EPA, the Environmental Protection Agency, is killing these energy companies, and foreign companies are now coming in and buying our, buying so many of our different plants and then re-jiggering the plants so that they can take care of their oil. We are killing, absolutely killing our energy business in this country.
Over the years, we have financed projects in core industrial sectors like steel, cement, aluminium and petrochemicals, and in manufacturing sectors like automobiles and textiles.
Chinese companies - telecommunications and technology companies - are some of the best internationally. Taobao, WeChat, Huawei - not only are they large companies, but they're also very technologically advanced.
In sectors like energy, I haven't been arguing for more spending per se; I've been arguing that it doesn't make sense for us to spend $4 billion subsidizing an oil industry that's mature and very profitable. We should be using that money to finance clean energy of the future.
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