Group items tagged

This article talks about Apple and their latest success as they report 57.6 billion USD in revenue selling 26 million iPads, 4.8 million Macs, 54 million iPhones and 6 million iPods

This article describes how the UK government is heavily subsidising fossil fuel producers instead of prioritising and investing money in renewable sources of energy. Although it is essential to keep crude oil and fossil fuel prices low, as they are essential to many businesses, consumers and indeed the country itself, the G20, of which the UK is part of, has made a commitment to phasing out fossil fuels in favour of greener and more sustainable energy sources. 

This article is talking about how the unemployment has gone down. Even decreased more than expected. It also discuss how the parties have been thinking about the unemployment in the US.

Real Madrid CF have reported to give Cristiano Ronaldo a new contract making him the most expensive player in football. Now the question is will the club benefit from all this money being spent on this one player? This this the opportunity cost Real Madrid are taking hoping this will lead them to some football glory 

I believe you are right. I never though of applying economic concepts to sports and especial soccer. But you are right, soccer teams are similar to companies now days and some are even in the stock market. They are investing money on Cristiano Ronaldo hoping to get back some glory and therefore money. I find that is horrible to classify a soccer player and therefore a human being as an economic good.

The article talks about how job creation needs to be created by the use of supply side policies.

This article deals with the fact that the company Fresno County has little aggregate reserves compared to its competitors. This means that they cannot produce as much as they would need to in order to keep its business going.

This article is really nice as it gives HDI, GII and GDI information about India. Additionally, it states how India has had progress in the 3 components of HDI over the years, but that it still has a relatively low ranking in HDI. This shows that the whole of the world is then slowly improving on HDI levels.

this is a very interesting article that demonstrates the total revenues and how they can fall or raise, it also compares different years' revenues and shows us how intel plans to overcome the fall in revenue. 

This article explains how many organisations are forecasting a rise in house prices in my home country, the UK. It also details opposition by UK politicians to the Chancellor's 'Help to Buy' scheme which is supposed to help more people get on the property ladder. I believe this is related to what we are studying in Economics as it relates to houses being a scarce resource and how people have to choose between the increasing difficulties of getting on the property ladder and other living essentials in todays economy. (Opportunity Cost)

In this article stated that Spain's largest bank made a claim saying the unemployment will take over a decade just to fix. Spain are in a large amount of debt as they rose from last year and the Spanish research and development spending is 70% below the EU level

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.

As early as next month, the European Central Bank is expected to act to counter persistently low inflation and to try to invigorate the eurozone's lethargic economy. Among the evidence the ECB will weigh: Thursday's report that the 18 countries that use the euro collectively grew just 0.2...

From Al Jazeera I chose this article about the poor state of the economy in South Africa, 20 years after Nelson Mandela and the ANC came to power, ending the system of political, social and economic segregation, Apartheid. Despite reforms in the 90's the majority of wealth and power is still held by rich whites. With around 30% unemployment rate and young people struggling to find work many feel only anger and resentment to the current ANC government led by Jacob Zuma. Economically speaking South Africa's imports are up and exports down, reducing GDP as AS is shifted left. This is especially evident in industries like mining and banking which many are now calling for to be nationalised. 20 years on from Nelson Mandela's historic victory in the 1994 general election, South Africa, despite being free of the shackles of segregation is not in the boom many predict. The ANC must be careful in there actions, should they, following the death of Madiba lose contact with his legacy and what he stood for.

Ireland is the number one destination in the world for US foreign direct investment (FDI), according to a new report. The study, which was commissioned by the American Chamber of Commerce Ireland, reveals that US firms have invested more than $277 billion here since 1990.

This article is about the economy in Malta. The macroeconomic challenges Malta have been facing are now no longer risks and imbalances in the economy. This is due to, among others, that the housing market has stabilized and the private dept is on the decrease. 

This article explains how the recent stand-off crisis in Ukraine is having a negative effect on the Russian economy, with the Rouble taking a further fall and GDP growth estimates being revised downwards. Predictably sanctions imposed by the west on Russia in response to the occupation of Crimea, an autonomous region of Ukraine populated largely by ethnic Russians, have affected businesses in Russia. We learn from the article that some $60 billion valuation has been lost by Russian companies in light of the tensions. This article relates to the macroeconomic concept of circular flow being a complex process with international trade and governments being involved majorly in proceedings.

This article presents how a report done by the Monetary Policy Committee of the UK has lead to the value of the pound falling slightly against the dollar. This shows how the direct action of a central bank (here refusing to increase the interest rate) can impact the exchange rate.

This is an interesting article that exposes some African clients involved in the HSBC Swiss leaks. It is a striking real life example of how inequal distribution of income is still an issue; Eritrea, ranked 182nd out of 187 in the HDI report has the client banking the most substantial sum of all Africans considered.

This article is about a free-trade agreement between European Union and Singapore. The two sides reported that even the controversial chapter on investment protection had been sorted out.