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Hardy Hewson

WikiLeaks' free trade documents reveal 'drastic' Australian concessions - 0 views

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    Secret negotiations over the Trans Pacific Partnership (TPP) free trade agreement have apparently been breached by another leak of material which shows Australian consumers could pay more for cancer medicines and face criminal penalties for non-commercial copyright breaches.
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    The article concerns the recent reveal by WikiLeaks of free-trade agreements between the nations of the Trans-Pacific Partnership (members include the United States, Japan, Australia and Singapore). The article states that Australia has made considerable concessions to nations such as Japan and the US by permitting increases in regulation over intellectual property, specifically for cancer related drugs. The new regulation could mean that government permitted monopolies could be extended, meaning patients may be forced to pay more for treatment for longer periods of time.
Amanda Anna G

China's Coal Tariff Prolongs the Pain--Heard on the Street - WSJ - 1 views

  • China’s Coal Tariff Prolongs the Pain
  • The world’s top coal importer sent shock waves when it announced tariffs on imported coal of up to 6% Thursday.
  • China’s state media explicitly say this move is intended to protect local companies, 70% of whom are making losses as Chinese thermal coal prices have dropped 24% this year.
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  • The import tariff now gives these locals the room to raise prices over the next few months. Higher prices would be supported if they can also cut production, as China’s coal industry association recently advocated.
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    This article is about tariffs, as tariffs on imported coal of up to 6% will take place in China, in order to give local coal miners the opportunity to rise their prices as they will become more demanded. 
Pip Dop

US-Japan Free Trade deal - 2 views

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    There is currently a stalemate between Washington and Tokyo: the US is urging Japan to lower tariffs on agricultural imports. Japan claims it must protect some sensitive agricultural products but the tariffs are kept high to protect politically important farmers.
Daniel Soto Aggard

Gateway City: Weighing the impacts of free trade agreements - 2 views

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    The Impacts of Free Trade This article concerns the weight of the USA on their free trade agreements (such as: NAFTA). This article s specifically concerning the area of Southern Florida. It also mentions how the USA has been under performing in the trading field compared to all its trading partners.
Haydn W

BBC News - US and EU 'make progress' in free trade area talks - 2 views

  • US and EU 'make progress' in free trade area talks
  • Officials from the United States and the European Union say they have made progress as they seek to sweep away trade barriers.
  • If successful an agreement would create the world's biggest free trade zone.
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  • The planned agreement is known as the Trans-Atlantic Trade and Investment Partnership or TTIP.
  • Mullaney said they have "progressed from discussing general approaches to the spadework of reviewing the many proposals that each side has put on the table."
  • They are trying to do that by eliminating tariffs (taxes on imported goods) and removing what Mr Mullaney called "non-tariff obstacles".
  • But while trade officials get on with detail, some of the general principles continue to generate vocal opposition.
  • Perhaps the most controversial area is the provision for foreign investors to go to an international tribunal for compensation if a government breaks the rules in a way that harms the company's interests.
  • he opposition to this idea has been taken up by the German government, so it remains uncertain whether it would appear in any final agreement.
  • Other critics are concerned that an agreement will drive down standards of consumer protection and food safety and will cost jobs.
  • They also complain that the texts that negotiators are working on are not made public.
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    Talks are taking place between the EU and the USA to create the worlds biggest free trade area. In many goods the US is seen to have an absolute advantage in producing many goods but they also rely on European countries to provide many components to US businesses. This trade deal, although opposed by Unions and other activitists is seen by many to be vastly beneficial to the two parties.
Clemence Lafeuille

Africa's Free Trade Hangover - 2 views

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    After 30 years in which the virtues of the free market went largely unchallenged, a quiet revolution is making its way across Africa. Many governments are increasingly ready to toss out the orthodoxy and rethink the importance of the role of the state in national development. The article also discusses the negatives of free trade
Mariam P

EU, Singapore wrap up free-trade talks - 0 views

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    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.
Clemente F

In An Increasingly Globalized Economy, Free Trade Is More Important Than Ever - 1 views

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    This article discusses the importance of free market in the current economy.
John B

Hästens år gynnar exporten - dt.se - 1 views

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    This article is about a Swedish symbol called "Dalahästen" and its relations to Asia. This year, in some countries of Asia, is the year of the horse, and the material is wood. This is the optimal opportunity for the production to increase as the demand will be much higher as the proportion of people having a demand for them is larger than before.
Yassine G

China to push creation of APEC-wide free trade zone by 2025 | The Japan Times - 1 views

  • China will be calling for a commitment by the leaders of the Asia-Pacific Economic Cooperation forum toward the creation of a Pacific-rim free trade area by 2025, when they meet in November, according to a draft of a post-summit leaders’ declaration
  • Referring to a “Beijing Road Map” for APEC’s contribution to the realization of a free trade area covering the Asia-Pacific region, the draft declaration says, “We affirm our commitment to the eventual realization of an FTAAP by 2025.”
  • The vision of the APEC-wide, ambitious free trade zone emerged in 2006. APEC leaders agreed in 2010 to eventually achieve it on the basis of other preceding frameworks such as the TPP, but little has been decided so far.
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  • ific” and will “eliminate all barriers that hinder women’s economic participation”
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    This article talks about the initiative of china to create a free trade zone in the Asia Pacific region by 2025. The article talks about how this will be done and what 's in the draft. 
Amanda Anna G

Ukraine, EU to Launch Free Trade Zone if Russia Violates Brussels Agreements | Politics... - 1 views

  • KIEV, October 14 (RIA Novosti) - Kiev and Brussels will launch a free trade zone if Russia violates the Brussels agreements on implementation of the Ukraine–European Union Association Agreement, the acting Ukrainian economic development and trade minister said Tuesday.
  • Earlier, the Russian side also said it would have to introduce measures to protect its market should Kiev or Brussels begin openly or secretly implementing the economic part of the Association Agreement, thus breaking the agreements reached in Brussels mid-September.
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    This article is about free trade, as Kiev and Brussels will launch a free trade zone, only if Russia violated the Brussels agreements on implementation of the Ukraine- European Union Association Agreement. 
Hardy Hewson

Indonesia's new leader, facing growth hurdles, may focus on cutting... - 1 views

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    This article concerns the challenges facing the new leader of Indonesia, Joko Widodo, specifically the prospect of fiscal stimulus to the economy, the breaking down of government bureaucracy, and the supply-side reforms that may make this possible. It also discusses the personal experience Widodo has in combatting similar challenges as Jakarta Governor, and concludes that, on their own, supply-side reform will not "boost the economy in the short term, but announcing some positive reforms should encourage investors and that should help with the demand side as well."
Clemence Lafeuille

Supply side economic policies would end the Obama Depression - 4 views

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    This article evaluate fiscal and monetary policy in reference to a real world example, and go over the benefits of supply-side policy. It suggests another course of action for the US government, one where supply-side policy would be emphasised rather than any demand-side policy, because the author states that the economic stagnation is not a demand-side problem. Easy article that evaluates policies in a clear way.
Mariam P

Bank of Israel Says Action Needed to Lift Inflation to Target - 5 views

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    The article is about the inflation rate in Israel. Now the inflation rate has its lowest level in the past seven years. The central bank of Israel is worried and suggests some actions that will help to return the inflation rate to the price stability.
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    This article is about the inflation rate in Israel and how it is approaching 0. This is critical and Israel has recognised the need to bring back inflation rates to the government's target rate.
Samuel Choi

The Return of the Supply Side - 5 views

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    This is a very interesting article because it presents a well-known health care reform in the context of a supply-side policy. The article is about how Republicans have been blaming Obamacare for having negative supply-side effects on the economy and the labour force by reserving budgets for subsidising the system.
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    This article discusses the return of the supply side policies..
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    Republicans believed that supply rather than demand was to be blamed for the economy's state. However, there has been clear evidence that the job market was held back due to low demand. The article then starts to delve int Obamacare and how it had negative supply-side effects on the economy.
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    Obamacare is nothing new - it has been debated about for months, if not years, in one shape or form. This problem with Obamacare is that it has negative supply-side effects. These effects were offset by a half, with the presence of Medicaid, but now that the subsidies for health care have shrunken, the marginal tax rate would rise, thus discouraging people to find work and keep working. Politicians are pushing for supply-side reforms, but the Congress isn't budging due to the possibility that Obamacare, an expensive and time-consuming venture, might be scrapped.
Haydn W

IMF warns UK of lingering housing and mortgage market risks - Business News - Business ... - 3 views

  • IMF warns UK of lingering housing and mortgage market risks
  • The UK faces lingering risks from housing and mortgage markets despite remaining on track for the fastest growth among the world’s leading economies this year, the International Monetary Fund said today.
  • has pencilled in growth of 3.2% this year — unchanged from its last July update despite a slew of downgrades for several members of the stagnating eurozone.
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  • This is the highest rate forecast among advanced economies, although the IMF has trimmed global forecasts amid fears over a “weak and uneven” recovery in Europe and parts of Asia.
  • The body, led by Christine Lagarde, said the “US and the UK in particular are leaving the financial crisis behind”
  • The Bank of England has identified the housing market as a “blinking warning light” on the economy’s dashboard following the introduction of the Help to Buy scheme last year
  • In June it introduced limits on high loan-to-income home loans to prevent borrowers over-extending themselves, while tighter mortgage lending criteria are slowing runaway prices.
  • The Bank’s latest credit conditions survey found a “significant” fall in the availability of home loans in the past three months after eight successive quarters of expansion.
  • The IMF also warned that more measures such as tax incentives and freeing up land were necessary to improve the rate of housebuilding and keep a lid on runaway house prices.
  • “Supply-side measures are crucial to safeguard housing affordability and mitigate financial stability risks,” it added.
  • Household debt levels remain high at 140% of GDP and, if the Bank’s limits on the lending market fail to gain traction, it may be forced to raise interest rates instead
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    This article from the London Evening Standard details how the IMF have warned the UK government over remaining household debt and the dangers it poses to the economy. The IMF have also called for 'supply side measures... to safeguard housing affordability' - a growing problem in both London and the UK as a whole.
Zube Iheobi

European Central Bank slashes interest rates as eurozone suffers 'lowflation' crisis - ... - 0 views

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    this is relevent to this weeks reading because it amother way of the government making changes, however here its not the government its the central bank. and acts of the central baks are more monetary poilicy as they predominantly affect AD
Hyobin Lim

S.Korea's inflation falls to 7-month low on easing supply-side pressure - 2 views

http://news.xinhuanet.com/english/business/2014-10/01/c_133686923.htm

supply side

Daniel Soto Aggard

RBI wants to maintain status quo till supply-side scenario improves: Glenn Saldanha - 0 views

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    This is an article concerning the Reserve Bank of India and its problem with inflation. The article discusses how the Govenor of the Reserve Bank of India will commit to his supply side policies in order to reduce in inflation by January next year. Very simple but interesting read that could spark one's interest into further investigating the issue.
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