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Alex Iancu

Adam Sandler Tops Forbes' 2013 List Of The Most Overpaid Actors - Forbes - 1 views

www.forbes.com/...st-of-the-most-overpaid-actors

adam sandler estimating business plan allocating resources opportunity cost

shared by Alex Iancu on 11 Dec 13 - No Cached
  • Adam Sandler is one of the few actors in Hollywood who can still demand a paycheck north of $15 million. That’s great for his bank account but not always so great for the studios that employ him.
  • Jack & Jill grossed $150 million but the film cost an estimated $80 million to make. Considering studios take home about half of box office receipts, that means only about $70 million flowed to Sony Sony, which also had to pay to advertise the stinker.
  • . We estimate that for every dollar Sandler was paid on his last three movies, the films returned an average of $3.40.
  • ...1 more annotation...
  • The problem for Hollywood is that telling a hit from a miss before the movie is made is almost impossible.
  • Victorita Paun on 12 Dec 13
     
    This is a good article as it provides sufficient grounds to analyse and evaluate.
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.
Isabella Sarmiento

US economist calls for minimum wage increase - BUSINESS - Globaltimes.cn - 2 views

www.globaltimes.cn/...829397.shtml

shared by Isabella Sarmiento on 03 Dec 13 - No Cached
  • Almost 60 percent of US minimum-wage workers are in either food service or sales, and the inflation-adjusted wages of workers in retail trade have fallen almost 30 percent since 1973, he noted.
  • : hiking the minimum wage has little or no adverse effect on employment, while significantly increasing workers' earnings," Krugman said.
  • the Economic Policy Institute estimated that an increase in the national minimum wage to 10.10 US dollars from its current 7.25 dollars would benefit 30 million workers, he said.
  • Alan Cheung on 12 Dec 13
     
    This is a good article. There should be plenty to analyse and evaluate.
Jeremy Christianopoulos

Rotto businesses want ferry subsidy - The West Australian - 1 views

au.news.yahoo.com/...-businesses-want-ferry-subsidy

shared by Jeremy Christianopoulos on 05 Dec 13 - No Cached
  • subsidy on the growing cost of a ferry ticket to attract more people to the holiday island.
  • State Government's control of the island
  • pushing a same-day return ticket down to $30 in winter, with the help of a State Government subsidy
  • ...7 more annotations...
  • The current day trip for an adult is $75 return from Fremantle with Rottnest Express. A day return trip from Hillarys on Rottnest Fast Ferries comes in at $84
  • "If that was the price wouldn't you say: 'Let's not go to Hillarys or somewhere else in Perth, let's go to Rotto have a beer and lunch and come back at five o'clock'," he said.
  • a simple measure that would automatically improve patronage.
  • The prices include a $16.50 landing fee, which blows out to $21.50 for an extended stay.
  • estimated to be more than $5 million annually.
  • Mr Papandroulakis said he had informal talks with Premier Colin Barnett on the subsidy issue.
  • Rottnest Express director Glenn Gaynor said his company offered 40,000 heavily discounted tickets per year, at prices that often left them operating the ferry service at a loss.
  • Victorita Paun on 11 Dec 13
     
    In responding to this article there is room to evaluate the impact of the subsidy and the reasoning behind it, but you want to make sure that will be enough to meet the word limit and provide you with at least one diagram.
Vicky Kalfayan

BBC News - Cycling gets £94m push in England - 1 views

www.bbc.co.uk/uk-23657010

shared by Vicky Kalfayan on 04 Dec 13 - No Cached
  • A number of English cities and national parks are to share a £94m cash injection to promote cycling.
  • The money is to improve existing and fund new cycle routes. The government says it also wants to cut red tape to facilitate cyclist-friendly planning.
  • "a cycling revolution".
  • ...14 more annotations...
  • This government wants to make it easier and safer for people who already cycle as well as encouraging far more people to take it up and business, local government, developers, road users and the transport sector all have a role to play in helping to achieve this."
  • The government has also announced a feasibility study to look at creating a new national cycleway
  • Ministers hope to emulate nationwide the popularity of cycling in London - where the number of cyclists has doubled over the past 10 years, according to one estimate.
  • "Far more people prefer to drive, walk or catch the bus - in fact government statistics show that in 2012, just 2% of journeys in Britain were by bike."
  • "This is fantastic news for those living in the succe
  • this level of investment must be maintained and extended to all parts of the UK, including rural areas."
  • urge MPs of all parties to speak up for cycling in Parliament in September, calling for the funding needed to transform Britain's streets into a continental-style Cycletopia,"
  • "We now
  • he said.
  • "No amount of cynical spin from David Cameron will make up for the fact that, immediately on taking office, he axed Cycle England, the Cycle Demonstration Towns scheme and the annual £60m budget to support cycling that he inherited.
  • "Since then he has axed targets to reduce death
  • s and serious injuries on our roads, reduced traffic enforcement,
  • cut the THINK!
  • "Tragically the number of cyclist deaths are now at a five-year high, reversing the progress that was starting to be made,
  • Alan Cheung on 13 Dec 13
     
    You may not use this article since I've used it in class. Must find your own.
dgeorgiev15

Iran oil exports rise as sanctions eased - Dec. 11, 2013 - 1 views

money.cnn.com/...index.html

shared by dgeorgiev15 on 12 Dec 13 - No Cached
  • An easing of sanctions has helped support a rise in oil exports from Iran
  • Iranian exports rose by about 10% in November
  • The IEA estimates Iran's oil exports rose by 89,000 barrels per day to 850,000 barrels per day last month as sales to China and Taiwan climbed
  • ...1 more annotation...
  • supplies from non-OPEC producers topped 43 million barrels per day last month -- thanks in part to the U.S. shale boom.
  • Victorita Paun on 12 Dec 13
     
    Good article for international economics, but not relevant to microeconomics.
Dursun N1

BBC News - UK unemployment falls by 125,000 to 2.34 million - 0 views

www.bbc.com/...business-26255696

shared by Dursun N1 on 16 Apr 14 - No Cached
  • UK unemployment falls by 125,000 to 2.34 million
  • The number of people out of work in the UK fell by 125,000 to 2.34 million
  • The unemployment rate now stands at 7.2%
  • ...1 more annotation...
  • Latest estimates show that 193,000 more people were in work between October and December, compared to the previous three months.
  • Dursun N1 on 16 Apr 14
     
    Macroeconomics Article
Vicky Kalfayan

Saudi Arabia may close shops early to boost employment - paper | Reuters - 1 views

uk.reuters.com/...di-shops-idUKBREA3C05J20140413

shared by Vicky Kalfayan on 15 Apr 14 - No Cached
  • Saudi Arabia is expected to make shops close at 9 p.m
  • encouraging employment by making sales jobs more attractive.
  • government is trying to encourage young people to take such positions to address long-term unemployment.
  • ...4 more annotations...
  • push young Saudis to take jobs in the private sector by closing a gap in pay, benefits and working hours with government posts, which has been the main source of national employment for decades.
  • The official unemployment rate for Saudis is around 12 per cent. However, economists estimate that only 30-40 percent of working age Saudis participate in the workforce, either by holding jobs or seeking employment.
  • years of successive fiscal surpluses and foreign currency reserves
  • economists often warn that high government spending, particularly on salaries, is unsustainable.
Dursun N1

BBC News - Indonesia fuel prices rocket by 44% sparking protests - 0 views

www.bbc.co.uk/...world-asia-23015511

shared by Dursun N1 on 07 Jan 14 - No Cached
  • Indonesia fuel prices rocket by 44%
  • sparking protests
  • Indonesia's government has cut a huge fuel subsidy
  • ...5 more annotations...
  • The subsidies are estimated to cost about $20bn a year, equivalent to almost 3% of Indonesia's total economic output.
  • Thousands of motorists rushed to fill up before midnight, after the measure was announced late on Friday.
  • petrol prices to rise by 44% and diesel by 22%.
  • The announcement sparked clashes in the capital, Jakarta, where protesters blocked roads and fought with police.
  • Indonesians had been demonstrating on the streets of many major cities all week in anticipation of the rise.
  • Victorita Paun on 08 Jan 14
     
    Interesting article discussing microeconomic concepts. Just make sure there is enough to foster a 750 words analysis. Please insert the highlights so it is clear which concepts you will be analysing.
  • Dursun N1 on 08 Jan 14
     
    This is an article about the drastic increase of fuel prices after Indonesia's government has decided to cut a huge fuel subsidy.
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