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azuccolo15

BBC News - No change on North Lincolnshire housing grant ban for smokers - 1 views

www.bbc.co.uk/...uk-england-humber-25154871

shared by azuccolo15 on 09 Dec 13 - No Cached
  • A council has said it will not change its policy on refusing housing grants to tenants who smoke, despite spending just 10% of the available budget
  • North Lincolnshire Council is responsible for distributing government money to help people affected by the removal of the spare room subsidy
  • The change in housing benefit rules was introduced in April and has been dubbed the "bedroom tax" by Labour
  • ...5 more annotations...
  • The authority's payment ban also applies to social housing tenants who subscribe to satellite television channels
  • The Department for Work and Pensions (DWP) provides £25m per year in Discretionary Housing Payments to allow local authorities to provide support for tenants affected by the change.
  • Under the changes, 14% is deducted from housing benefit for people with one spare bedroom, and a quarter for two or more.
  • "If their spending includes satellite television. If it includes smoking then what we say to you is we can't give you extra taxpayers' money to support you to continue to make those life choices.
  • He said: "I find it quite shocking that the council are saying they're not going to use the money to support people if they happen to be in a contract for satellite TV, which they might have taken before the bedroom tax came in to effect, or they are smokers
  • Victorita Paun on 11 Dec 13
     
    Good article for externalities! Enough room for commenting on the underlying economic concepts.
  • azuccolo15 on 06 Jan 14
     
    MLA Citation: "No Change on North Lincolnshire Housing Grant Ban for Smokers." BBC News. BBC, 2 Dec. 2013. Web. 12 Dec. 2013. http://www.bbc.co.uk/news/uk-england-humber-25154871 This article best applies to the microeconomics section of this course. To be more specific, it is a good example of negative externalities and how governments try to combat them, as well as the idea of subsidies.
dgeorgiev15

BBC News - UK new car sales highest since 2007, SMMT says - 0 views

www.bbc.co.uk/...business-25632668

shared by dgeorgiev15 on 07 Jan 14 - No Cached
  • UK car sales in 2013 recorded their best year since 2007
  • attractive financing deals have tempted buyers
  • three-quarters of sales to private buyers now involving some kind of financing package.
  • ...3 more annotations...
  • Most cars built in the UK are exported.
  • Thousands of new jobs were created in the industry as both Jaguar Land Rover and Bentley expanded their operations in the UK.
  • UK economic activity holds up well through 2014 and beyond
Giovanni Perini

BBC News - Wildlife groups criticise green farm subsidy move - 0 views

www.bbc.co.uk/...science-environment-25459562

bbc news wildlife groups farm subsidy

shared by Giovanni Perini on 04 Jan 14 - No Cached
  • Wildlife groups criticise green farm subsidy move
  • spending a bigger share on the environment despite a smaller overall budget for subsidies.
  • transferring 15% of grants away from direct payments for farmers and into protecting wildlife and helping the rural economy.
  • ...1 more annotation...
  • "Farmers already pocket huge amounts of cash without having to farm in ways that reduce their effect on wildlife
  • Giovanni Perini on 04 Jan 14
     
    I think this is a good article for negative externalities of production (the impact of farming on wildlife) and the actions the government should take, as well as subsidies.
  • Alan Cheung on 06 Jan 14
     
    Interesting article too, but I think you may have more to write about with your wool article.
Iris Tilea

BBC News - Mexico passes 'junk food tax' reform - 1 views

www.bbc.co.uk/...world-latin-america-24766027

shared by Iris Tilea on 03 Dec 13 - No Cached
  • tax reform bill imposing new levies on junk food and soft drinks.
  • aims to boost government revenue by increasing top earners' income tax.
  • extra cash will go on infrastructure and social security
  • ...4 more annotations...
  • Mexico recently surpassed the United States as the country with one of the highest obesity rates in the world.
  • 32.8% of adult Mexicans are obese, compared to 31.8% of Americans.
  • The law imposes a levy of 8% on junk food, after the Senate increased it from the 5% originally proposed; and creates a tax of one peso ($0.07; £0.04) on every litre of soft or sugary drinks.
  • The legislators also passed a controversial hike in value added tax (VAT) for border regions, from 11% to 16%.
  • Alan Cheung on 12 Dec 13
     
    This is a good article. There should be plenty to analyse and evaluate.
Giovanni Perini

BBC News - Guernsey taxes on alcohol, tobacco and fuel to rise in budget - 2 views

www.bbc.co.uk/...world-europe-guernsey-24445235

shared by Giovanni Perini on 06 Dec 13 - No Cached
  • Guernsey taxes on alcohol, tobacco and fuel to rise in budget
  • The increases will add 21p to a packet of 20 cigarettes, 40p to a typical bottle of spirits and 2.3p to a litre of petrol.
  • The income tax allowance is to rise by less than inflation, meaning an increase of £11.20 a year in income tax per wage earner, relative to the Retail Prices Index.
  • ...1 more annotation...
  • As well as a permanent increase in the value of the bands determining the rate of duty to be paid, there will also be a temporary reduction of the rates paid on the lower bands.
  • Alan Cheung on 12 Dec 13
     
    Topic wise, this is no different than your previous article. I think the previous one is more focused.
Giovanni Perini

BBC News - Under-age drinking crackdown called for - 3 views

www.bbc.co.uk/...health-25047079

shared by Giovanni Perini on 06 Dec 13 - No Cached
  • Under-age drinking crackdown called for
  • Over a four-year period, just 16 people were convicted in the UK of buying alcohol for a child, it added.
  • The Institute of Alcohol Studies said tackling irresponsible shop promotions and minimum pricing would better tackle the UK's drinking problem.
  • ...1 more annotation...
  • "The real way to tackle to the problem of drinking in the UK is to address the bigger issues, such as pricing, through policies such as minimum unit pricing," she added.
  • Alan Cheung on 12 Dec 13
     
    This is a good article. There should be plenty to analyse and evaluate.
Valeriu Moraru

BBC News - Brazil's economy shrinks 0.5% in the third quarter - 1 views

www.bbc.co.uk/...business-25200934

shared by Valeriu Moraru on 04 Dec 13 - No Cached
  • Brazil's economy shrinks 0.5% in the third quarter
  • Brazil's economy fell into contraction in the third quarter, with output shrinking by more than analysts had forecast, according to official state figures.
  • The Instituto Brasileiro de Geografia e Estatistica (IBGE) said that Brazil's economy shrank by 0.5% in the quarter, compared to the previous one. Analysts had expected Brazil's economy to shrink by just 0.2%.
  • ...2 more annotations...
  • Andre Perfeito, chief economist at Gradual Investimentos, said he would lower his projections for next year to 2.4% or 2.5% from 2.7%.
  • "It shows that we were not able to grow despite various economic stimulus measures," he added.
  • Victorita Paun on 12 Dec 13
     
    This article lends itself to International Economics topic than Micro-economics. Perhaps not a good choice for this particular IA.
Valeriu Moraru

BBC News - Detroit judge rules bankruptcy process can proceed - 1 views

www.bbc.co.uk/...business-25203691

shared by Valeriu Moraru on 04 Dec 13 - No Cached
  • Detroit judge rules bankruptcy process can proceed
  • A federal judge has ruled Detroit should be granted protection from its creditors, marking the largest public bankruptcy in US history.
  • Detroit is now expected to submit a plan to rid its balance sheet of $18bn (£11bn) of liabilities.
  • ...2 more annotations...
  • Now, the city's emergency manager, Kevyn Orr, is expected to present a plan by the end of this year for how the city will deal with its more than 100,000 creditors.
  • City officials say they hope Detroit can emerge from bankruptcy by the end of 2014.
  • Alan Cheung on 13 Dec 13
     
    I don't see any micro topics we have covered in class connected to this article.
Dursun N1

BBC News - UK construction growth fastest since August 2007 - 1 views

www.bbc.co.uk/...business-25201692

shared by Dursun N1 on 04 Dec 13 - No Cached
  • UK construction growth fastest since August 2007
  • Last week, official data showed the sector grew at 1.7% in the third quarter compared with the previous quarter.
  • "Construction activity continues to spring back to life during the final months of 2013."
  • ...3 more annotations...
  • UK construction picked up speed in November with output rising at the fastest pace in more than six years.
  • UK could soon recover the ground lost during the crisis: "These survey indicators are suggesting something like a 1% rise in GDP
  • If this sort of pace can be continued into 2014, then the level of UK output will have risen above its pre-crisis peak by next summer."
  • Victorita Paun on 12 Dec 13
     
    Good choice of article. Make sure you can use the information it provides is enough to supply 750 words of analysis and evaluation.
Dursun N1

BBC News - Australia growth rate falls short of forecasts - 1 views

www.bbc.co.uk/...business-25210896

shared by Dursun N1 on 04 Dec 13 - No Cached
  • Australia growth rate falls short of forecasts
  • gross domestic product (GDP) expanded 0.6% compared to the previous quarter and 2.3% year-on-year.
  • Australia's economy has also been hurt by a global slowdown which has seen its mining boom wane recently.
  • ...3 more annotations...
  • "Mining investment is coming off, maybe not as quickly as people have been worrying about, but it's that growth transition, the pick-up in the non-mining side, where the evidence is still mixed,"
  • The numbers come just a day after Australia's central bank left its key interest rate unchanged at a record low 2.75%
  • Some analysts suggested that if growth continued to remain weak, the bank may be prompted to cut rates further to try to boost the economy.
  • Victorita Paun on 12 Dec 13
     
    Good article for International Economics but not Micro-economics.
Andrei Vacarus

BBC News - E.On to raise energy prices by 3.7% - 1 views

www.bbc.co.uk/...business-25259976

energy prices

shared by Andrei Vacarus on 08 Dec 13 - No Cached
  • The increase will add £48 to the average dual fuel bill, and will take effect on 18 January.
  • Customers who only have an electricity account with E.On will see prices rise by an average of 3.7%, or £20 a year.
  • "Simply relying on the recent levy changes is not going far enough," she said.
  • ...2 more annotations...
  • 4.6% more
  • British Gas, the UK's biggest energy supplier, has already announced that it will cut prices by 3.2% on 1 January, following the government rebate.
  • Victorita Paun on 12 Dec 13
     
    Good choice of article for micro-economics. There should be enough to analyse and evaluate.
Andrei Vacarus

BBC News - Jaguar Land Rover confirms Brazil car factory plans - 1 views

www.bbc.co.uk/...business-25247483

brazil car factory

shared by Andrei Vacarus on 08 Dec 13 - No Cached
  • capable of producing 24,000 vehicles a year.
  • JLR's sales in Brazil for the first ten months of 2013 have increased by more than 40% to 9,549 vehicles.
  • Producing cars locally means JLR will avoid Brazil's high import tariffs. Nor does JLR have to form a partnership with a Brazilian company, as it had to in China.
  • Andrei Vacarus on 08 Dec 13
     
    JLR invests in Brazil
  • Victorita Paun on 12 Dec 13
     
    Not really sure what the Micro-economic connections are here. Your previous article would be more appropriate for an IA on Micro-economics.
Martina Minkova

BBC News - PC shipments to see 'most severe yearly fall on record' - 1 views

www.bbc.co.uk/...business-25196031

shared by Martina Minkova on 03 Dec 13 - No Cached
  • ents of personal computers (PCs) are expected to see their "most severe yearly contraction on record" in 2013, according to research firm International Data Corporation (IDC).
  • Global shipm
  • Global shipments of PCs have been hurt by the growing popularity of tablets and smartphones.
  • ...2 more annotations...
  • One key growth area for PC sales has been emerging markets, but IDC said interest had been falling there and that shipments would likely decline into 2014.
  • Earlier this year, research firm Gartner said that a greater availability of inexpensive Android tablets was attracting first-time consumers in emerging markets and hurting PC sales.
  • Alan Cheung on 12 Dec 13
     
    Relevant, but not really micro. Since it's considering global sales, then it will be difficult for you to write in the micro sense.
Martina Minkova

BBC News - US Black Friday sales dip for first time in seven years - 1 views

www.bbc.co.uk/...business-25191657

shared by Martina Minkova on 03 Dec 13 - No Cached
  • Sales on the year's biggest shopping weekend dipped for the first time in seven years, according to the National Retail Federation.
  • Retailers blamed stagnant wages and economic uncertainty for keeping wallets shut, as they slashed prices to lure reluctant shoppers.
  • In total, the National Retail Federation estimates that US shoppers spent around $57.4bn this year, down 2.7% from $59.1bn last year.
  • ...6 more annotations...
  • Cyber Monday solution?
  • But if US consumers are unwilling to part with their dollars, international brands may take comfort in the increasingly global nature of Black Friday.
  • One beacon of hope for nervous retailers is that US consumers have spent more on online shopping than ever before.
  • a statement
  • Cyber Monday became the biggest US online shopping day of the year in 2011
  • Shoppers in Russia, South Korea, China, Germany and Sweden were the biggest spenders.
  • Alan Cheung on 12 Dec 13
     
    This is a good article. There should be plenty to analyse and evaluate.
anonymous

BBC News - Cumbria County Council proposes cutting bus subsidies - 1 views

www.bbc.co.uk/...uk-england-cumbria-25138484

shared by anonymous on 03 Dec 13 - No Cached
  • save £1.9m per year.
  • Forty-three daytime services, 17 evening services and 10 Sunday services receive subsidies - about 5% of the total services across the county.
  • 7p per passenger in subsidies while others cost more than £12 per person, according to council figures.
  • ...1 more annotation...
  • £22,000 per year.
  • Alan Cheung on 12 Dec 13
     
    Relevant, but I am afraid you make take some of the information already presented in the article as your own evaluation.
anonymous

BBC News - E-tolls lead to South Africa traffic jams - 1 views

www.bbc.co.uk/...world-africa-25193478

shared by anonymous on 03 Dec 13 - No Cached
  • The "e-toll" system affects the ring road around Johannesburg and the motorway to the capital, Pretoria.
  • The government says the toll is need to pay for improved roads
  • fuel tax, VAT and existing tolls
  • ...5 more annotations...
  • monthly fee of 550 rand ($54; £33) to use the roads, while those who do not register pay up to three times as much if they do not pay within seven days.
  • e-toll gantries and a conventional, manned toll-gate.
  • Their car number plates are scanned by gantries over the toll roads and bills sent to their homes if they have not paid in advance.
  • Critics have described the system as "highway robbery".
  • The government says the e-toll is the only way it could have afforded to improve the congested roads around the commercial capital, Johannesburg.
  • Alan Cheung on 12 Dec 13
     
    This should be an interesting article for you to analyse and evaluate.
sari lakis

BBC News - Developing countries told 'tax tobacco to save lives' - 1 views

www.bbc.co.uk/...health-25192196

shared by sari lakis on 03 Dec 13 - No Cached
  • Poorer countries should consider adopting or raising tobacco taxes to help save lives, a group of leading economists says.
  • They suggest alcohol and sugar could also be taxed.
  • They give China as an example where a 50% tax on tobacco could prevent 20m deaths and generate $20bn over the next 50 years.
  • Alan Cheung on 12 Dec 13
     
    Interesting article here. I think there should be a few more areas highlighted, but that would be for you to make connections.
Dorottya Szocs

BBC News - Pace picks up for British industry and car production - 1 views

www.bbc.co.uk/...business-25030372

shared by Dorottya Szocs on 03 Dec 13 - No Cached
  • UK car production in October rose at the fastest pace so far this year, and British industrial output is at its highest since 1995, organisations have reported.
  • The Society of Motor Manufacturers and Traders (SMMT) said the number of cars built in October was up 17% from 2012.
  • The growth was largely driven by demand for cars to sell in Britain rather than for export, the SMMT said. It reported 160,854 cars were built in the UK last month, with demand being driven by cheap finance deals and rising consumer confidence.
  • ...1 more annotation...
  • "UK car manufacturing for the home market increased strongly in October," said SMMT chief executive Mike Hawes. "With European demand showing early signs of recovery, we expect production to continue positively in the coming months."
  • Alan Cheung on 12 Dec 13
     
    Relevant, but I am just afraid you may not have enough to complete 750 words.
Diogo Reino da Costa

BBC News - General Motors to withdraw Chevrolet brand from Europe - 1 views

www.bbc.co.uk/...business-25237227

shared by Diogo Reino da Costa on 05 Dec 13 - No Cached
  • General Motors, the US car giant, has said it plans to withdraw its Chevrolet brand from Europe and concentrate more on its Opel and Vauxhall brands.
  • The withdrawal will begin from 2016, the company said. Chevrolet would no longer have a "mainstream presence" in the region, largely thanks to "the difficult economic situation", GM said.
  • But it has been losing money in the region, where a mature and saturated car market, coupled with a fragile economy, has stifled growth. GM chief executive Dan Akerson said the decision would "allow us to focus our investments where the opportunity for growth is greatest".
  • ...1 more annotation...
  • "Europe is a key region for GM," he added.
  • Alan Cheung on 12 Dec 13
     
    I'm not sure I see what connections you are making with the topics we have explored under microeconomics. You'll have to talk this article out with me.
Diogo Reino da Costa

BBC News - Qantas shares tumble on shock profit warning and job cuts - 1 views

www.bbc.co.uk/...business-25227315

shared by Diogo Reino da Costa on 05 Dec 13 - No Cached
  • Shares in Qantas sank more than 15% after the Australian airline issued a surprise profit warning and announced 1,000 job cuts.
  • The situation demanded urgent action and the airline would "do whatever we need to do to secure the Qantas Group's future", he said
  • He blamed record fuel costs, a strong Australian dollar and fierce competition from subsidised rivals.
  • ...4 more annotations...
  • Qantas said in a statement it expects to makes losses of up to A$300m ($271m; £165m) for July-to-December. Chief executive Alan Joyce said the airline was facing "immense challenges".
  • The Australian aviation market is one of the toughest of anywhere in the world, the carrier said.
  • rules restricting foreign investment in the carrier should be changed.
  • Qantas argues that these rules have hurt its growth, not least because its major rival Virgin has benefited from increased foreign investment.
  • Alan Cheung on 12 Dec 13
     
    Same situation with this article, I'm not sure what specific microeconomic topics you are drawing connections with. You may be better off finding another article.
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