Skip to main content

Home/ AISB IB Economics 2015/ Contents contributed and discussions participated by Andrei Vacarus

Contents contributed and discussions participated by Andrei Vacarus

Simple Middle Filter: All | Bookmarks | Topics
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.
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%.
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
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.
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
1 - 5 of 5
Showing 20▼ items per page