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Diogo Reino da Costa

High demand to limit Corvette supplies - 0 views

www.autonews.com/...and-to-limit-corvette-supplies

shared by Diogo Reino da Costa on 08 Jan 14 - No Cached
  • A greater number of exports will reduce the number of cars available in the United States.
  • The 2014 Corvette will be in short supply, with few unsold units on dealer lots until spring at the earliest.
  • production of the two-seat sports car will be capped at about 160 units per day on one shift.
  • ...8 more annotations...
  • Despite high demand for the redesigned sports car, GM will not add a second shift
  • "We've seen this again and again. You bring out a new Corvette and the demand is sky-high at the beginning, and then it tapers off,"
  • "It's not worth making that investment [of a second shift], even though for awhile we make a lot more money getting those cars out there."
  • GM produced 14,960 Corvettes in 2012 in the car's lone plant. If GM sticks to its current production plan for the redesigned 2014 model, output will nearly double to about 30,000 units for a full year.
  • GM has banked enough orders from dealers to keep the plant cranking out cars at 160 per day for at least the next six months.
  • A greater number of exports will reduce the number of cars available in the United States.
  • First, GM plans to offer the redesigned Corvette in nearly all 140 countries that sell Chevrolets.
  • GM spent $131 million to retool the Corvette plant to assemble the 2014 model, which uses a new frame, body and suspension.
  • Victorita Paun on 10 Jan 14
     
    Good choice of article. Make sure you have enough to discuss in 750 words.
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.
Alex Iancu

Riders mount horse blockade of Paris over stable tax - Telegraph - 0 views

www.telegraph.co.uk/...-of-Paris-over-stable-tax.html

tax riders france VAT

shared by Alex Iancu on 07 Jan 14 - No Cached
  • Lorry drivers and horse riders will seek to block roads in and around Paris and other major cities on Monday after a weekend of protests that saw several thousand truck drivers cause disruption across France and up to 40,000 “red caps” protest in Brittany against tax hikes and job losses.
  • Horse riders will take to the streets of Paris to denounce a plan to raise VAT on stables from 7 per cent to 20 per cent.
  • Meanwhile, lorry drivers plan to block roads around Lille, in the North, and Marseille, in the South in the latest effort to force the French government to cancel the so-called "ecotax" through which it aims to raise more than 1 billion euros a year to finance mostly rail infrastructure projects
  • ...9 more annotations...
  • the French government has suspended its implementation until 2015
  • 26 blockades on France's main road arteries on Saturday
  • Up to 4,500 trucks caused significant disruption from the Paris region to Bordeaux and Aix-en-Provence in the south, affecting transit towards Spain and Italy
  • Meanwhile, in Brittany, up to 40,000 people took part in a rally in Carhaix, many wearing “bonnets rouges” (red caps) that have become synonymous with rising anger against President François Hollande’s punitive tax hikes.
  • “Brittany is being scorned and ignore
  • The government is due to propose a “Pact for the future of Brittany” on Wednesday which it hopes will finally quell the protest movement and stop it spreading to other regions.
  • Jean-Marc Ayrault, the prime minister, has promised a “total overhaul” of France’s tax system to quell tensions – an overhaul that Mr Hollande says will take his entire five-year mandate to complete
  • Jean-Luc Mélenchon, head of the Front de Gauche (Left Front) party, warned that “France is in 1788”, namely on the verge of revolution. “The tax system is rejected by all as everyone knows that it protects the privileged wealthy,” he told Le Parisien.
  • “We are asking for a tax reform respecting a simple principle: everyone pays and the more you earn, the more you pay.”
  • Alex Iancu on 07 Jan 14
     
    Very interesting article dealing with French protests against tax that appears to be protecting the wealthy. A lot can be discussed when analysing this article; the outcome of the blockades can be a subject of discussion (how it delayed transport, for example), also, Elasticities can be dealt with, as PES is clearly higher than PED in this case. 
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.
azuccolo15

Japan to oppose fishing subsidies ban in TPP trade negotiations | The Japan Times - 1 views

www.japantimes.co.jp/...-ban-in-tpp-trade-negotiations

shared by azuccolo15 on 09 Dec 13 - No Cached
  • Tokyo plans to oppose a U.S.-proposed ban on fishing subsidies in the Trans-Pacific Partnership free-trade talks that Japan will join from July, due to the numerous adverse effects it might have on the nation’s fishing industry, government sources said Saturday
  • If the interdiction is implemented by the 11 current TPP member states, the government will call for its scope to be limited to subsidies that would unquestionably lead to overfishing, as the Japanese fishing industry heavily depends on this source of funding, according to the sources.
  • The government’s position also reflects concern the ban may include subsidies for the construction of ports and other infrastructure, hindering recovery efforts in coastal regions where the 2011 earthquake and tsunami ravaged local fishing industries
  • Victorita Paun on 11 Dec 13
     
    This article more suitable for for Section 3 - International Economics
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".
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  • "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.
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.
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.
Andrei Vacarus

More signs Abenomics is working as Japan prices, output rise | Reuters - 1 views

uk.reuters.com/...-economy-idUKBRE97T04U20130830

shared by Andrei Vacarus on 16 Apr 14 - No Cached
  • core consumer prices posted their biggest rise in nearly five years, unemployment fell to its lowest since late 2008, factory output rose and is expected to rise further, and workers' incomes rose.
  • The core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, was down 0.1 percent in the year to July, a slower pace of decline than June's 0.2 percent fall.
  • Household spending edged up in the year to July as the feel-good sentiment prompted consumers to eat out more and spend more on travel and leisure.
  • ...7 more annotations...
  • As the economy strengthens, the debate is focused on whether to double the tax in two stages or increase it more gradually, rather than whether or not to increase the tax.
  • Wage-earners' incomes also rose an annual 1.3 percent in July, increasing for the fifth straight month.
  • And the jobless rate improved for the second straight month to hit 3.8 percent in July, the lowest since October 2008.
  • e Bank of Japan have gambled on massive fiscal and monetary stimulus to spark life into the economy,
  • strengthening the case for a planned sales tax increase.
  • Pessimists have argued that the benefits of "Abenomics," a three-pillar strategy of fiscal and monetary stimulus combined with a long-term growth strategy, may be short-lived and won't prompt companies to spend more on investment and wages.
  • The Bank of Japan has a target of lifting inflation to 2 percent in about two years, a goal many analysts see as optimistic given the deflation that has dogged the economy.
dgeorgiev15

BBC News - UK unemployment falls by 63,000 to 2.33 million - 1 views

www.bbc.com/...business-26644758

shared by dgeorgiev15 on 15 Apr 14 - No Cached
  • number of people out of work in the UK fell by 63,000 to 2.33 million
  • unemployment rate now stands at 7.2%
  • 211,000 more people were recorded as self-employed
  • ...10 more annotations...
  • the growing economy is helping record numbers of people to find a job
  • The rise in employment is being fuelled by businesses and entrepreneurs across the country who are feeling increasingly confident with the improving economy
  • long-term economic plan is working
  • while youth unemployment had gone down, the rate was "still nearly three times the rate of unemployment as a whole
  • rise in employment was down to the increase in the number of self-employed
  • pensions secretary Rachel Reeves disagreed, saying "long-term youth unemployment has doubled
  • Earnings "remain below inflation"
  • North East of England has the highest unemployment rate in the UK, at 9.5%
  • South East, where the rate is lowest, only 5.2%
  • MPC members voted earlier this month to keep interest rates at 0.5%
Iris Tilea

UK unemployment falls by 125,000 - 1 views

news.uk.msn.com/...unemployment-falls-by-125000-4

unemployment falls UK

shared by Iris Tilea on 15 Apr 14 - No Cached
  • UK unemployment falls by 125,000
  • Communications giant EE added to the good news by announcing 1,000 new jobs, on top of 400 new positions planned by TNT Post.
  • But 1.4 million people are in part-time jobs because they cannot find full-time work, a fall of 29,000 over the latest quarter but 46,000 higher than a year ago.
  • ...7 more annotations...
  • The jobless total was 2.34 million in the final quarter of last year, down by 125,000, giving a rate of 7.2%, while t he number of people claiming jobseeker's allowance dipped to 1.22 million in January, down by 27,000.
  • Employment now stands at more than 30 million, a rate of 72.1%, which is 0.6% higher than a year ago.
  • More than 900,000 young people are still unemployed and over 250,000 young people have been unemployed for over a year.
  • "Under-employment is now a bitter reality for millions of struggling families across the UK."
  • "Today's figures also show working people facing a cost-of-living crisis are over £1,600 a year worse off since David Cameron became Prime Minister.
  • the latest unemployment figures showed that the UK had a strong and flexible labour market, adding: " However, there are signs that the pace of improvement in the jobs market is slowing down. Although youth unemployment has fallen, the jobless level among 16 to 24-years-olds still stands at 917,000, which is far too high.
  • "Many people are also still working part-time, as they are unable to gain full-time employment."
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