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Amanda Anna G

Lithuania's current account balance at EUR 250.9 mln in January-October :: The Baltic C... - 0 views

www.baltic-course.com/...finances

current-account

shared by Amanda Anna G on 16 Dec 14 - No Cached
  • Amanda Anna G on 16 Dec 14
     
    This article deals with the current account balance in Lithuania and its capital account, and how the surplus was built up 
Clemence Lafeuille

France's October Current Account Deficit Narrows to €0.9billion - 0 views

www.nasdaq.com/...o-eur09-billion-20141212-00057

current account france recovery

shared by Clemence Lafeuille on 19 Dec 14 - No Cached
  • Clemence Lafeuille on 19 Dec 14
     
    Thus article, although short, gives precise numbers on France's current account deficit. It illustrates with numbers the size that a current account can be, and how in France it is currently being reduced, which is another proof of the recovery Europe is having.
John B

Sweden Q3 Current Account Surplus Falls - 0 views

www.rttnews.com/...ent-account-surplus-falls.aspx

current account

shared by John B on 23 Dec 14 - No Cached
  • John B on 23 Dec 14
     
    This article says there has been a decline in the current account surplus in Sweden.
Clemente F

Japan's Current Account Falls into Deficit - 0 views

www.wsj.com/...-falls-into-deficit-1407456612

current account

shared by Clemente F on 24 Jan 15 - No Cached
  • Clemente F on 24 Jan 15
     
    This article talks about Japan's current account balance that fell in to deficit for the first time because robust income from overseas investments wasn't enough to make up for ongoing trade deficits.
Samuel Choi

RBI cautious on response to gold import surge - 0 views

economictimes.indiatimes.com/...45233692.cms

balance-of-payments government gold india imports current-account

shared by Samuel Choi on 08 Dec 14 - No Cached
  • Samuel Choi on 08 Dec 14
     
    India, the world's second-largest gold-consuming country, is battling a balance of payments crisis as the gold import industry grew exponentially in a short amount of time. Though the spike in the import numbers is clear, no clear action has been taken yet; policymakers, however, agree that restrictions must be placed on private trading houses. Private jewelry exporters are the main customers and account for a massive number of the bulk for the demand of gold. "India sharply restricted gold imports in early 2013 as the country battled a balance of payments crisis triggered by the U.S. Federal Reserve's announcement that it would start to ease its programme of quantitative easing. But it eased some of the measures after India's current account deficit fell sharply from the record high of 4.8 percent of gross domestic product in the fiscal year ended in March 2013 to 1.7 percent in the quarter ending in June."
John B

Consider Economies of Scale When Evaluating Money Saving Tips and Tricks - 2 views

lifehacker.com/...g-money-saving-tips-and-tricks

economies of scale

shared by John B on 26 Jan 14 - No Cached
  • Factor in the economy of scale for the changes you're making to see the true savings.
  • The small initial cost of the thermostat combined with a small amount of your labor, multiplies over time to make the value of that single hour of labor worth significantly more than the initial investment.
  • John B on 26 Jan 14
     
    This article is about taking economies of scale into account when trying to save money. Instead of buying your breakfast, you can make your own, like burritos. It will require little labour, time and money when it is spread on all burritos.
Yassine G

Vote On Account 2014: Focus to shift back to the macros, says Religare Capital - Econom... - 0 views

articles.economictimes.indiatimes.com/...arkets-current-account-deficit

macroeconomics government focus capital

shared by Yassine G on 06 Mar 14 - No Cached
  • Yassine G on 06 Mar 14
     
    This article really relates to the concept of macroeconomics and how it is influenced. It illustrates how elections could affect macroeconomics in addition to external and foreign factors. 
Zube Iheobi

BBC News - Japanese shares down despite current account surplus - 0 views

www.bbc.co.uk/...business-30790921

current account

shared by Zube Iheobi on 13 Jan 15 - No Cached
  • Zube Iheobi on 13 Jan 15
     
    showing that a surplus is not always desirable
Haydn W

What are multinationals doing to champion rights of millions trapped in modern-day slav... - 0 views

www.theguardian.com/...ations-compliance-human-rights

Multinational Corporations The Guardian Fair Trade Slavery

shared by Haydn W on 10 Mar 15 - No Cached
  • What are multinationals doing to champion rights of millions trapped in modern-day slavery?
  • With almost 21 million people working in forced labour conditions in the global economy, companies are being made to clean up their act
  • In a world of complex supply chains, migrant workers, sub-suppliers and a constant squeeze on costs, corporate leaders and their stakeholders are keenly aware of the risk of labour exploitation.
  • ...18 more annotations...
  • No industry or region is fully insulated from the social deficit which has emerged from the rise of the modern global economy.
  • Given the influence and impact that multinational corporations have, there is significant scope for corporate leaders to champion reform and action in this area.
  • However, the ILO estimates that 44% of those working in forced labour are also victims of trafficking (pdf).
  • The fight to eradicate the scourge of forced and child labour, sometimes referred to as modern-day slavery, has re-emerged as a defining issue in this century
  • The International Labour Organization (ILO) estimates that almost 21 million people are currently working in some form of forced labour, with 14.2 million in economic activities such as agriculture, construction, domestic work or manufacturing (pdf).
  • Beginning in California in 2012, following effective campaigning and lobbying to then-governor Arnold Schwarzenegger, mandatory corporate disclosure of a company’s non-financial activities has been on the rise.
  • From US President Obama’s executive order on trafficking and federal procurement, to the UK Modern Slavery Bill’s recent amendment to include supply chain disclosure provisions, to the EU’s adoption of a non-financial reporting directive, compulsory transparency around global corporate practices – including human rights, labour and social impacts and policies – is the latest tool being employed by legislators to place social expectations on corporations.
  • multinational corporations have grown significantly in terms of size, assets, resource control and revenue, not to mention societal influence.
  • This growth has been accompanied by growing expectations by society and government.
  • It is, of course, critical to recognise that the global corporate supply chain can be a force for good.
  • However, with their multiple levels of subcontracting, particularly throughout impoverished regions where labour laws are non-existent or not enforced, global labour and product supply chains also provide fertile ground for inhumane practices and working conditions.
  • The United States Department of Labor, for example, has produced a list of 136 goods produced in 74 countries using forced labour, child labour, or both.
  • Many leading companies already understand that their strategies shape the lives of millions. The most forward-thinking believe that business is an integral pillar of society and recognise that the people they rely on at home and abroad are central to building sustainable and lasting businesses.
  • And since mandatory disclosure requires all multinationals to take notice and action rather than just the industry leaders, this ultimately helps level the playing field.
  • Some believe supply chain transparency laws do not constitute any real change from the prevailing corporate-driven model for CSR, while others oppose increased regulation and oversight as unnecessary state intervention, believing that industry led efforts have the best chance of success.
  • it is a combination of corporate leadership and regulation in this area which will help ensure all market participants rise to acceptable standards.
  • The trend away from voluntary reports towards mandatory social reporting for global corporations is here to stay and may represent a first step towards increased legislative requirements
  • No matter where one believes the solutions lie, the ultimate goal is a global economy free from forced labour, trafficking and other abuses. For the millions of victims who go out into the world seeking work in the hope of building better lives, we must commit to seeking the best path forward.
Haydn W

BBC News - Royal Mail 'confident' after revenues rise - 0 views

www.bbc.co.uk/...business-25875092

Revenues Royal Mail UK BBC News Stock Market

shared by Haydn W on 26 Jan 14 - No Cached
  • Royal Mail 'confident' after revenues rise
  • Royal Mail has said it is "confident" about hitting its targets after posting a 2% rise in like-for-like revenues in the nine months to 29 December.
  • Parcel deliveries accounted for 51% of revenues, and chief executive Moya Greene said the firm handled 115 million parcels in December.
  • ...5 more annotations...
  • The postal service was privatised in October 2013.
  • Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, said the update was "perfectly acceptable".
  • She said the company's European parcels business was doing well after exploiting "growth opportunities in the eurozone". Letter revenue fell by 3% on a like-for-like basis, the company said, as the impact of London 2012 collectable stamp sales waned.
  • Shares in Royal Mail closed down 2.6% at 572.5p, against a flotation price in October of 330p-a-share.
  • Mr Hunter said Royal Mail's shares had had a "very strong run" since October but that it may struggle to make "further meaningful progress" in the shorter term. The company was "simply a hold" for investors, he said.
  • Haydn W on 26 Jan 14
     
    This article from the BBC News website details how Royal Mail, the recently privatised public service has seen a 2% increase in revenues. Th controversial move triggered widespread uproar from opponents and share prices rose rapidly above the target when the company was floated in October 2013. This article shows that despite the move the firm has continued to make money and appears to be in no immediate danger.
Fiete M

Vote on Account 2014: Scrapping state monopoly over coal a priority for next government - 0 views

articles.economictimes.indiatimes.com/...eneration-capacity-power-lines

monopoly coal

shared by Fiete M on 18 Feb 14 - No Cached
  • Fiete M on 18 Feb 14
     
    This article talks about how the new government is supposed to get rid of the governments monopoly on coal
Mariam P

Premier Oil Drops as Production Forecast Misses Estimates - 1 views

www.bloomberg.com/...forecast-misses-estimates.html

efficiency

shared by Mariam P on 08 Feb 14 - No Cached
  • Mariam P on 08 Feb 14
     
    This article tells us that the "Premier Oil Plc (PMO)" fell as an output forecast missed analyst estimates.But they are planning to take into account production efficiency and to plan maintenance periods. After the output have to increase in 2014. Which will help them to get up again.
Pietro AA

Analysis: Energy costs keep Japan's focus on nuclear, despite risks and use of renewabl... - 0 views

www.foxnews.com/...-nuclear-despite-risks-and-use

scarcity Opportunity Cost energy risks japan

shared by Pietro AA on 16 Sep 13 - No Cached
    • Pietro AA
      Pietro AA on 16 Sep 13
       
      Other scarse vaariables introduced: time and technology
    • Pietro AA
      Pietro AA on 16 Sep 13
       
      safety is a desire of most men and it is also not infitite therefore it is scarse.
  • ctions take about six months for each reactor, and obtaining con
  • ...19 more annotations...
    • Pietro AA
      Pietro AA on 16 Sep 13
       
      a conflict between the scarsity of safety and scarsity of energy
    • Pietro AA
      Pietro AA on 16 Sep 13
       
      a conflict between the scarsity of safety and scarsity of energy
  • Energy costs keep Japan's focus on nuclear, despite risks and use of renewables
  • other plants remained closed for intensified safety checks
  • The issue is cost, and to a lesser extent, concern over a resurgence in climate-changing carbon emissions due to increased use of coal and oil to generate power. Clean energy still only accounts for 10 percent of total consumption — most of it hydropower. Much of the new capacity approved has yet to come online.
  • nuclear power remains essential, even with a surge in generation capacity from solar, wind and other renewable sources, and that the world's No. 3 economy cannot afford the mounting costs from importing gas and oil.
  • Japan has managed to avoid power rationing and blackouts. Industries have moved aggressively to avoid disruptions by installing backup generators and shifting to new sources, such as solar power.
  • households no
  • paying 30 percent more for electricity than before, with more rate hikes to come.
  • prompted a rethink of plans to raise nuclear capacity from one-third to over half of total demand.
  • Reliance on imported oil and gas has surged from about 60 percent of energy consumption to about 85 percent.
  • The recent weakening of the Japanese yen has added to the burden on the economy from oil and gas imports.
  • Abe and others in favor of resuming nuclear power contend that renewable energy is too expensive and unreliable — wind doesn't always blow, the sun doesn't always shine.
  • Apart from those issues, national security requires that Japan retain some self-sufficiency
  • Local communities are divided: many have relied heavily on nuclear plants for jobs and tax revenues, but worry over potential risks.
  • hat there's a huge opportunity in power
  • We're also seeing radical efficiency gains.
  • he disposal and security of nuclear waste are issues yet to be resolved.
  • For now, however, it appears any phase-out of nuclear power will be very gradual.
  • "In the long term if we can create new resources that are more efficient than the current oil-based system, then we can rely less on nuclear power, that's quite possible," Adachi said. "But it will take quite a long time."
  • Pietro AA on 16 Sep 13
     
    This article shows how, since the meltdown of the Fukushima plant in 2011, the "want" of security (which is scarce) increased and gave energy problems to the country (energy is one of the most important scarce resources . Japan finds itself making decisions limited by the scarcity of energy, safety, time and technology. Should it take risks and stop spending money? Should it keep everybody safe and just go for the hydrocarbur plants? Should it simply invest on renewable energy plants? Should it take time and reaserch   Pietro
Yassine G

Water Demand for Energy to Double by 2035 - 0 views

news.nationalgeographic.com/...d-for-energy-to-double-by-2035

demand energy double Scarcity risks resources

shared by Yassine G on 27 Sep 13 - No Cached
  • The amount of fresh water consumed for world energy production is on track to double within the next 25 years
  • the IEA calculates that water consumed for energy production would increase from 66 billion cubic meters (bcm) today to 135 bcm annually by 2035.
  • The agency estimates oil and natural gas production together would account for 10 percent of global energy-related water demand in 2035.
  • ...4 more annotations...
  • "It takes a great deal of energy to supply water, and a great deal of water to supply energy. With water stress spreading and intensifying around the globe, it's critical that policymakers not promote water-intensive energy options."
  • Fellow
  • IEA sees coal-powered electricity driving the greatest demand for water now and in the future
  • Steam-driven coal plants always have required large amounts of water
  • Yassine G on 27 Sep 13
     
    This article gives you an idea of how we get our energy today, and how we will be getting it in the upcoming years. It emphasizes mostly on water, as water is being used in Steam-driven coal plants in a large amount. These plants are increasing as they are more environmental friendly. This means that demand on water is increasing rapidly although water itself is a becoming very scarce. This High demand for this scarce very important natural resource raises many questions about how we would be able to survive in the long run.
Haydn W

Broadcasters failing to keep up with 3D TV demand - Telegraph - 0 views

www.telegraph.co.uk/...keep-up-with-3D-TV-demand.html

Demand The Telegraph 3D TV Technology Sales

shared by Haydn W on 28 Sep 13 - No Cached
  • 60 million 3D TVs are expected to be sold in 2013, and this figure is set to rise to 157.7 million by 2017, accounting for 58 per cent of all TVs sold across the globe
  • broadcasters' approaches to delivering 3D content differ widely
  • In the UK, with BSkyB has reaffirmed its commitment and Virgin Media increased its range of 3D broadcasting, while the BBC has postponed trials, which they have decided to conclude by the end of this year and will make no further 3D programmes for 3 years
  • ...4 more annotations...
  • 3D content will become increasingly restricted to premium and on-demand offerings.
  • the unique appeal of 3D to the consumer is that it offers greater immersion in content
  • A number of major broadcasters are now diverting investment to other initiatives, such as 4K and multi-screen content delivery.
  • Futuresource Consulting added that the market for 3D cinema remains stable.
  • Haydn W on 28 Sep 13
     
    This article shows how the demand for 3D TV's is increasing but broadcasters continue to not offer much 3D content to their viewers. 3D TV's were predicted by many to be a commercial failure, as the home experience is said to be not as good as the cinema experience but demand has continued to rise among consumers. Broadcasters however are not so keen to provide 3D content as they have their ever changing gaze to future investment in 4K technology in the continuous attempt to keep up with the relentless pace of modern technology.
  • Yassine G on 28 Sep 13
     
    I think that one of the reason that will not allow 3D technology to get popular is its very high cost. This is not only for consumers who are buying the TVs and Glasses, but also for producers. IT is an extra cost, without an extra profit.
Haydn W

Scrap the licence fee and privatise the BBC - The Commentator - 0 views

www.thecommentator.com/...ence_fee_and_privatise_the_bbc

BBC Public Good The Commentator UK government

shared by Haydn W on 01 Dec 13 - No Cached
  • The next two years will see a lively debate over the future of the British Broadcasting Corporation, with the current Royal Charter due to run out at the end of 2016.
  • According to an ICM poll in the Sunday Telegraph last month, 70 per cent of voters believe that the licence fee should be abolished or cut.
  • With the licence fee scrapped, should the BBC remain in public ownership? Or should the BBC be privatised, so that it can compete on a level playing field with the global media giants that are now emerging? 
  • ...5 more annotations...
  • Paul Samuelson, the Nobel-prize-winning American economist, advanced the concept of "public goods" in his classic 1954 paper "The Pure Theory of Public Expenditure", demonstrating that such goods had to be financed by taxation and could not be left to the free market. The hostility to advertising meant that broadcasting was the textbook paradigm of a "public good".
  • Still benefiting from the halo conferred by its wartime role, the BBC was by far the most influential broadcasting service in the world. Further, with the UK accounting for almost 10 per cent of world output in the late 1940s, its state-owned monopoly was a vast broadcasting business by international standards. The BBC may not have been part of the British constitution, but it was undoubtedly a "national champion".
  • Advertising is sometimes demonised by left-wing commentators as capitalism without taste or shame, and as free enterprise at its selfish worst.
  • The actual position is far more even-handed and complex. As the growing unpopularity of the licence fee has constrained the BBC's revenues, TV advertising spend is now about the same size as the total money collected by the licence fee and well above the portion of this money devoted to television.
  • But the truly spectacular development of the last few years is that both total advertising spend and the licence fee money have been surpassed by BSkyB's subscription revenue. As BSkyB also picks up advertising revenue on its channels, its annual income is well above the BBC's.
  • Haydn W on 01 Dec 13
     
    This article talks about the logistics of scraping the license fee that finances one of the worlds most famous examples of a public good, the BBC. Economic stagnation and falling wages have left many consumers disgruntled at the license fee and with the BBC failing to keep up with it's competitors in terms of revenue, costs have had to be cut at the world renowned corporation. The article explores the concept of the public good and how politicians have began to propose alternatives to the license fee.
Amanda Anna G

Is the bank ATM a public good? - Livemint - 1 views

www.livemint.com/...he-bank-ATM-a-public-good.html

public-goods

shared by Amanda Anna G on 01 Dec 13 - No Cached
  • The aftereffects of the ATM incident show that we are still ambivalent about it. Our idea of a public good is centuries old.
  • What everyone conveniently forgets is that an ATM is not tied to the mother bank—the free usage of another bank’s ATM (up to a fairly liberal limit) has made the ATM a near-public place.
  • Very early in life, I learnt the importance of the state. By now it is well-recognized that much as we deride the state, we can’t live without it.
  • ...3 more annotations...
  • Is the bank ATM a public good? The idea of mandating banks to provide security to ATMs betrays a pitiable lack of understanding of the changing face of public goods
  • But several decades on have we evolved enough in our understanding of what constitutes a public good that the state should provide?
  • The implied belief is that an ATM is a bank’s product, meant for the bank’s customers, and hence its security is the bank’s problem, i.e. it is not sufficiently “public”. The subtext, sometimes articulated, is that since 60% of the adult population does not have a bank account, an ATM is essentially an elitist construct, not worthy of being within the protective cover of the general law and order setup
  • Aleksi B on 01 Dec 13
     
    This article asks the question is the ATM a public good. Inside we will find the article making statements to why it is in fact a public good and why it should be considered as one
  • Amanda Anna G on 02 Dec 13
     
    This article deals with the idea of assign authority to banks to provide security to the ATM. Is the ATM a good that benefits to the society? Since the ATM is a way to give freedom to the people I would say yes, but should then the ATM be controlled by guards? In my opinion, I think it would be a good idea. Even though one might argue that the idea would take away the freedom of ATM, I think the security will provide even more freedom to the people since they can deal with their money safely.
John B

Biz/ed - Price Elasticity | Biz/ed - 0 views

www.bized.co.uk/...2443.htm

price elasticity

shared by John B on 20 Oct 13 - Cached
  • Oil plays a big part in its energy costs - energy accounts for around 30 - 40% of its refining costs and with oil prices having risen it has had a big impact on the company.
  • they are in a competitive market and it is likely that if they increased their prices, people would look elsewhere at rivals products or they would simply put off purchasing the items until a later stage.
  • Recent econometric research into the price elasticity of demand for sugar suggests that it is nearly zero
  • John B on 20 Oct 13
     
    This article is about how the rising oil prices affect the companies that produce sugar. The article tells us that sugar is inelastic because of many factors, for example very few substitutes so by rising the prices of sugar in the market, it does not really affect the demand for it.
John B

Drop in U.S. Jobless Claims, Rising Consumer Confidence Point to Recovery - Bloomberg - 2 views

www.bloomberg.com/...-000-last-week-to-388-000.html

Aggregate demand

shared by John B on 24 Mar 14 - No Cached
  • Fewer Americans filed claims for jobless benefits last week and consumer confidence stabilized
  • indicating strengthening sales in the U.S. and overseas are helping manufacturers like United Technologies Corp. (UTX)
  • We have an economy that is growing solidly,
  • ...2 more annotations...
  • A slowdown in firings and growing payrolls may spur further gains in consumer spending, which accounts for about 70 percent of the economy.
  • report today showed orders placed with factories unexpectedly fell in February for the first time in four months, reflecting weaker demand for capital goods and military aircraft.
  • John B on 24 Mar 14
     
    This article is dealing with the economy in the U.S. It starts with stating that consumer confidence is stabilized, which could be because of the growing economy in the U.S. For example, the sales in U.S. and overseas are strengthen. One could also see from this article that the amount of people being fired from their jobs decrease which contributes to a growing consumer spending. Although, the demand for capital goods and military aircraft is becoming weaker.
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