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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. 
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.
azuccolo15

Consumer spending increases in February while inflation stays low - latimes.com - 0 views

www.latimes.com/...erve--20140328,0,6562228.story

shared by azuccolo15 on 15 Apr 14 - No Cached
  • Consumer spending increased last month the most since November as Americans appeared to start shaking off the effects of severe winter weather.
  • Spending rose 0.3% in February, up from 0.2% the previous month, the Commerce Department said Friday. The report was in line with economists expectations.
  • After a robust 0.6% increase in November, spending tailed off to just a 0.1% increase in December as bitter cold and snow swept in to much of the country.
  • ...8 more annotations...
  • Consumers had more money to spend last month. Personal income was up 0.3%, matching January's gain. It was the second straight monthly increase.
  • "Looking ahead, we expect consumer spending to be significantly stronger in the second quarter as the impact of winter economics starts fading away," he said.
  • Despite higher spending, inflation remained in check. Prices were up just 0.9% last month compared with a year earlier, the Commerce Department said.
  • Year-over-year inflation was 1.2% in January and hasn't been running below 1% since October.
  • The figure is well below the Federal Reserve's annual target of 2% and could raise deflation fears as the central bank continues to scale back a key stimulus program.
  • There have been mixed views on how Americans are feeling about the economy, with a private report released Friday showing a drop in consumer confidence this month.
  • Still, views about the state of the economy and expectations for the coming months have been largely unchanged during the harsh winter, indicating an improvement is on the way, said Richard Curtin, chief economist for the survey.
  • “Consumers have finally begun to expect sustained gains in their personal finances, especially among younger households," he said. "Consumers are ready to celebrate a delayed spring with renewed spending.
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.
Alex Iancu

Astronaut Mark Kelly Joins Near-Space Tourism Company World View - Forbes - 1 views

www.forbes.com/...ace-tourism-company-world-view

celebrity advertising substitutes demand

shared by Alex Iancu on 11 Dec 13 - No Cached
  • Tucson, AZ-based World View Enterprises, which aims to take people into near space altitudes via balloon, announced today that former NASA astronaut Mark Kelly is joining the company as its Director of Flight Crew Operations. The company announced that it will also begin taking reservations for its flights this week.
  • The cost for a trip will be $75,000. Pricey, but not nearly as expensive as a suborbital trip on a Virgin Galactic spaceship, which will cost about $250,000.
  • “ This is going to a very high altitude – only about 6 people have flown this high in a balloon before,”
  • Alex Iancu on 11 Dec 13
     
    Interesting Reading- Deals with demand and the factors that cause shift in demand.
  • Alan Cheung on 13 Dec 13
     
    Interesting article, but I'm not convinced you'll have enough to write 750 words. You may have to verbally go through with me what you are thinking (or use the brainstorming sheet on Moodle).
Martina Minkova

German inflation hits three-year low in March | Business News | DW.DE | 11.04.2014 - 0 views

www.dw.de/...a-17559975

shared by Martina Minkova on 15 Apr 14 - No Cached
  • German inflation hits three-year low in March
  • for the fourth consecutive month.
  • German inflation dropped
  • ...7 more annotations...
  • Prices for heating oil and car fuels, for example, had fallen 4.2 percent compared with March 2013, Destatis announced.
  • , the agency announced, caused by decreasing prices for oil-based products over the course of a mild winter.
  • This was the lowest inflation rate in Germany since August 2010
  • The rate contrasts sharply with the 2 percent inflation goal the ECB considers desirable with regard to price stability.
  • The phenomenon is called deflation and is bad for the economy as a whole as it stalls investment and job creation, leading to shrinking output.
  • Germany's
  • Institute for the Global Economy, however, have predicted a sharp rise in inflation for later this year.
Andrei Vacarus

Mexico to tackle obesity with taxes on junk food and sugary drinks | World news | thegu... - 3 views

www.theguardian.com/...nk-food-sugary-drinks-exercise

mexico tackles obesity with taxes

shared by Andrei Vacarus on 07 Jan 14 - No Cached
  • parliamentarians passed a law imposing significant new taxes on junk food and sugary drinks.
  • "The lives of millions of Mexicans are literally at risk."
  • But the government has taken the long view – that the potential economic harm from reduced junk food and soft drink sales now is insignificant compared with the damage in 10 years time if obesity continues at the current rate.
  • ...5 more annotations...
  • The taxes will increase the price of junk foods – those high in saturated fat, sugar and salt – by 8%
  • 9.2% of children in Mexico now have diabetes.
  • It will also put one peso (about 4p) on a litre of sugary drinks such as Coca Cola
  • "the Danish saturated fat tax is a dream from a researcher's point of view. We're beginning to get the preliminary results of the introduction of the tax. Of the data they have already got, it had a 4% effect on saturated fat levels. It is completely wrong to say it didn't work."
  • Related information
  • Victorita Paun on 08 Jan 14
     
    Good article for a microeconomics discussion. Make sure you identify, analyse and evaluate the underlying concepts.
Giovanni Perini

Mexican senate: Tax on high-calorie food could bite into obesity - CNN.com - 0 views

edition.cnn.com/...junk-food-tax-mexico

shared by Giovanni Perini on 08 Jan 14 - No Cached
  • Tax on high-calorie food could bite into obesity problem
  • "food that is high in calories such as fried foods ... sweets, foods made mainly with cereal, among others..."
  • approved a tax of one peso (about seven-and-a-half cents) on every liter of soft drinks
  • ...3 more annotations...
  • the average Mexican drinks 163 liters (about 43 gallons) of soda a year, which is 40% more than the average U.S. citizen
  • tax measures come after Mexico jumped ahead of the United States to claim first place in a list of most-obese nations
  • A measure that cleared the Mexican senate on Thursday and that now awaits the president's signature puts an 8% tax on edibles with high caloric contents.
  • Victorita Paun on 10 Jan 14
     
    Good choice of article for the Microeconomics section.
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.
Majdah Fareed

Car production drops 20.2% in November - BuenosAiresHerald.com - 1 views

www.buenosairesherald.com/...duction-drops-202-in-november-

shared by Majdah Fareed on 06 Dec 13 - No Cached
  • 20.2 percent in the month of November compared with the same month last year
  • car manufacturing industry produced 62,186 vehicles in November, the ADEFA’s report revealed, a figure which also signifies a 17.7 percent decline in relation to October’s production level.
  • a decline in demand in the Brazilian car market
  • ...4 more annotations...
  • the car industry still managed to roll out 746,085 vehicles, a 6.1 percent increase so far this year
  • Even as November registered the most significant year-on-year variation in production,
  • February‘s production was down 2.3 percent from the previous year, August levels slipped 12.2 percent and in October the amount of Argentine vehicle manufactured fell 4.8 percent from the same month last year.
  • domestic and international sales saw increases since the beginning of the year in comparison to 2012, with domestic levels up 18 percent and exports 9.5 percent higher.
  • Alan Cheung on 12 Dec 13
     
    This is a good article. There should be plenty to analyse and evaluate.
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 - 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.
Andrei Vacarus

BBC News - UK inflation falls to 1.6% in March - 0 views

www.bbc.com/...business-27033602

shared by Andrei Vacarus on 16 Apr 14 - No Cached
  • The UK inflation rate as measured by the Consumer Prices Index (CPI) fell to 1.6% in March from 1.7% in February, according to the Office for National Statistics (ONS).
  • The rate of Retail Prices Index (RPI) inflation also fell to 2.5% from 2.7%.
  • A smaller rise in the prices of clothing and footwear, compared with last year, also contributed to the drop in the inflation rate.
  • ...1 more annotation...
  • Average total earnings, including bonuses, rose 1.4% in the three months to January compared with a year earlier, according to ONS figures released last month. Excluding bonuses, wages grew by 1.3%.
Alex Iancu

Ponta: Cutting CAS and implementing tax exemption for reinvested profits measures possi... - 0 views

www.agerpres.ro/...s-possible-to-achieve-18-57-36

romania tax jobs government spending

shared by Alex Iancu on 16 Apr 14 - No Cached
  • Cutting CAS and implementing tax exemption for reinvested profits measures possible to achieve
  • Prime Minister Victor Ponta on Monday told the plenary session of the Deputies Chamber that the cutting of the contributions to social security (CAS) by 5 per cent, the same as the introduction of the tax exemption for the reinvested profits are both projects that are 'reasonable" enough and 'possible to achieve.'
  • I believe that with competitive tariffs for energy and an adequate fiscal-budgetary policy, to combine cuttings with a corresponding financial-budgetary discipline, we will succeed in maintaining the economic stability of Romania, in 2015 and 2016 as well," Ponta said.
  • ...3 more annotations...
  • 'Reducing contributions to social security by 5 percentage points in the second half of the year is expected to have an impact on the budget worth probably around 2.6 billion lei. This means that the impact next year will be worth around 5.2 billion.
  • the government wants to reduce spending and obtain additional budget revenues so that to be able to cover the 2.6 billion leu in the second half of the year and the 5.2 billion in 2015,' Ponta said.
  • this cutting as a necessary condition for the further economic development of the country and the encouraging of the fiscal facilities and creation of jobs starting on July 1.
  • Alex Iancu on 16 Apr 14
     
    Romania changes its supply side policies. 
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.
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.
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.
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.
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