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Home/ Jacob Solomon's group - M2015(B)/ Contents contributed and discussions participated by Yassine G

Contents contributed and discussions participated by Yassine G

Yassine G

Price Controls Cause Chaos in Ethiopian Markets - 0 views

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    I choose this article as I found that It demonstrates all the consequences of a price control and from different points of view. In this case, the government set a maximum price. A lot of the citizens were very happy, as they can now afford what they couldn't before, however, with time, they started to realise that the products are disappearing from shelves. The reason is that with the lower price, demand has increased and suppliers can't supply more. The suppliers were affected by this price control too. They are not able to pay their costs any more, and profit made is very little. If the government doesn't take another action to fix what they did, they will have a bigger problem than food being expensive, which is food not exciting due to most groceries closing after not being able to make profits. 
Yassine G

RealClearMarkets - The Federal Government's Increasing Tax Impact On the Private Sector - 0 views

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    this article is very interesting. It illustrates how the government could affect the private business. This could be by imposing taxes on them. This article is talking about the American Federal government. In this case, the government is imposing more and more taxes which is increasing the cost on businesses. This affects negatively their ability to supply and global combativeness. What i also liked about the article, is the amount of measured data it contains. there are many numbers that help you understand what happened and what will happen.
Yassine G

The End Of Elastic Oil - Forbes - 1 views

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    This is a very interesting article that really helps understand this topic in depth and with real examples. Oil market is one of the largest in the world, this article talks about elasticity of demand and supply in this market. There is an explanation on the effects of different factors that determine the elasticity and what they do for this market. 
Yassine G

SC: Gas price war between GAIL and GSPCL to be decided by arbitration - Economic Times - 0 views

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    This article gives us an idea on how prices of some necessities are set. In this case two of the biggest companies in the oil market in their area are having some disagreements on what the price should be. Since they have a big share of the market, they act like a monopoly. the supreme court intervention was required to help settle this dispute.
Yassine G

Water Demand for Energy to Double by 2035 - 0 views

  • 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.
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  • "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
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    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.
Yassine G

The Looming Threat of Water Scarcity - 1 views

  • Some 1.2 billion people—almost a fifth of the world—live in areas of physical water scarcity, while another 1.6 billion face what can be called economic water shortage
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    This articles talks about how much people have to live with less amount of water than they need or, with no water at all in some cases. It also highlights the countries that use a lot of water and how they are using it. It also rises awareness about this global issue and its long and short-term impact on us. 
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