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Tom Zierbock

Fixed rates - 1 views

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    Foreign currency markets have always been a popular trading ground. However, towards the end of summer the picture looked oblique since volatility in exchange rates (rate of fluctuation in price) has been dropping, something that means less profits for traders. New regulations and restrictions as well as additional attention on the currency markets by regulators seems to be one of the causes for this. More over, low interest rates due to the recent crisis mean that currencies are not experiencing much change and have essentially flat lined. Most floating exchange rates appear to me fixed. This means lost revenue to banks and traders dealing in these markets.
Patricia A

Week 19 - Patricia - 0 views

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    BBC News - Greece jobless rate hits new record of 28%
Ben G

BBC News - Strong UK GDP figures expected for 2013 - 0 views

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    Official figures about to be released are expected to show the UK economy grew at its fastest rate since before the financial crisis.
Lau A

US economy grows at 3.6 percent rate - 1 views

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    This article talks about how the US economy has grown by 3.6 percent in the third quarter of 2013, and how stockpiles account for a vast majority of this grow.
Lau A

UK economy growing at fastest rate since 2007 - 1 views

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    "The UK economy grew by 1.9% in 2013, its strongest rate since 2007, according to the Office for National Statistics (ONS)"
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    This article talks about how the UK's economy is growing as a result of the long-policies the government made in order to rebalance the economy.
Jonah B

Indonesia Reports Slowest Growth in 4 Years - 0 views

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    Indonesia's economy is reporting the slowest growth rate in 4 years. While in the previous years the GDP increased by over 6 % this year the economy only grew by 5.78 percent. Apparently are declines in the import of raw materials and machinery, and the Indonesian central bank raised its benchmark 5 times to account for their current deficit of 10 billion.
Kidus M

Business cycle different this time - 0 views

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    this article is about a possible different way of a business cycle for the future. it shows the recent unemployment rate and it impact on the economy. and investors choosing to invest in new advanced technology will solve some problems like gas price increasing etc
Sumin Y

Week2 class bookmark - 4 views

http://blogs.wsj.com/developments/2013/09/04/home-builders-lot-scarcity-still-main-problem/ This is the article from 'Wall street journal' and about scarcity. I bookmarked this site because the a...

started by Sumin Y on 23 Sep 13 no follow-up yet
Patricia A

Week 12 - News Article - 0 views

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    Smoking is a negative externality. Children who have exposure especially to relatives who smoke will have a greater chance of childhood asthma. The smoking ban is very healthful, as it has caused a decrease in the rate of children emitted to the hospital with severe asthma. The ban on smoking in the enclosed public places has helped the children to have less health problems. The government benefits because it reduces government expenditure in the NHS, which is a public good. The statistics reflect the decrease in admission of about 6800 is a positive benefit to the public especially the young children.
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    A negative externality hits the society as smokers affect children giving them asthma, according to this article. This effect does not affect the cigarette companies, however, but smoking restrictions came into force in attempts of decreasing the damage it does to society.
Tom Zierbock

Ending poverty needs more than growth, World Bank says - 0 views

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    This article talks about how economic growth on its own is not sufficient enough to battle extreme poverty. The world bank stresses that we need to reduce poverty, at a rate of 50 million a year until 2030. As we know fiscal policies can be used to stimulate growth but this is not the only use. We can also use them to redistribute income, which is necessary in this case. Further more monetary policy is not good enough in tackling these issues directly. Dedicated government spending and tax cuts on the poor are far better fiscal policies to deal with the issue.
Yuqi Y

Mark Carney abandons Thatcher-era supply-side policy - 0 views

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    Thatcher-era supply-side policy had been used in UK for a number of decades. Mark Carney, the new governor of the Bank of England wants to reduce unemployment through the monetary policy goal rather than the supply-side policy. He is making efforts to change the emphasis on the supply-side policy, which has always aimed to reduce employment and to control inflation by implementing the increase in investments and the introduction of taxes towards the rich. Carney wants to shift the conditions of the markets towards driving up more investors and creating financial stability through the interest rate policy. This may be the solution to UK's economic problems, which had been lasting for a number of years since 2008 and the Euro crisis.
Kidus M

Poverty on the rise amid increasing unemployment and inflation: ECESR - 0 views

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    Poverty rates, inflation, unemployment, food scarcity, and social unrest are on the rise and the government is not only failing to combat it but in some cases is contributing to it, the Egyptian Centre for Economic and Social Rights argues in a report.
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