Skip to main content

Home/ AP/Honors Econ Make Up Discussion Articles/ Group items tagged business

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Jerry Chavez

Reliable Business Directory Site - 1 views

I have a small business that I have been trying to market online. I also tried posting my business profile for free at Business Directory Philippines. And you know what? Availing their free busines...

started by Jerry Chavez on 06 Dec 12 no follow-up yet
bparksj28

Legalising marijuana: The view from Mexico | The Economist - 0 views

www.economist.com/...legalising-marijuana

marijuana view mexico economist

shared by bparksj28 on 06 Nov 12 - No Cached
  • AMERICAN elections are watched closely in Mexico, which sends most of its exports and about a tenth of its citizens north of the border.
  • On the same day, voters in Colorado, Oregon and Washington will vote on whether to legalise marijuana—not just for medical use, but for fun and profit.
  • he impact on Mexico could be profound. Between 40% and 70% of American pot is reckoned to be grown in Mexic
  • ...15 more annotations...
  • the American marijuana business brings in about $2 billion a year to Mexico’s drug traffickers.
  • That makes it almost as important to their business as the cocaine trade, which is worth about $2.4 billion.
  • Many Mexicans therefore wonder if America might consider a new approach. Felipe Calderon, the president, has said that if Americans cannot bring themselves to stop buying drugs, they ought to consider “market alternatives”, by which he means legalisation. Vicente Fox and Ernesto Zedillo, the two previous presidents of Mexico, have reached the same conclusion.
  • About 60,000 have been killed by organised crime during the past six years. Thousands more have disappeared.
  • In Mexico relatively few people take drugs. But many are murdered as a result of the export business.
  • Would Mexico’s bandits find themselves undercut by “El Cártel de Seattle”?
  • Mexico’s traffickers would lose about $1.4 billion of their $2 billion revenues from marijuana.
  • The cost of illegally transporting the drug adds about $500 per kilo for every thousand kilometres that the drug is hauled, it calculates, based on the fact that pot gets pricier the further you get from the Mexican border
  • So smuggling legal Washington dope to New York, for instance, would add about $1,900 to the cost of a kilo, giving a total wholesale price not much below $4,000.
  • That would make it more expensive than imported Mexican pot. But home-grown marijuana is much better quality than the Mexican sort. The content of tetrahydrocannabinol (THC), the part that gives you the giggles, is between 10% and 18%, whereas in Mexican pot it is only about 4% to 6%.
  • Once you adjust for quality, Washington pot would be about half the price of the Mexican stuff, even after it had made its expensive illegal journey to New York.
  • It calculates that the cost of growing marijuana legally is about $880 per kilo. Adding on a decent mark-up, plus the taxes that would be applied, it puts the wholesale price of Washington marijuana at just over $2,000 per kilo.
  • the Sinaloa “cartel” would lose up to half its total income,
  • . Exports of other drugs, from cocaine to methamphetamine, would become less competitive, as the traffickers’ fixed costs (from torturing rivals to bribing American and Mexican border officials) would remain unchanged, even as marijuana revenues fell.
  • Legalisation could, in short, deal a blow to Mexico’s traffickers of a magnitude that no current policy has got close to achieving. The stoned and sober alike should bear that in mind when they cast their votes on Tuesday.
bparksj28

India hit by national strike over economic reforms - Yahoo! News - 0 views

news.yahoo.com/reforms-074613172--sector.html

india hit national strike economist

shared by bparksj28 on 21 Sep 12 - No Cached
  • called the strike to protest against a 14 percent increase in heavily subsidized diesel prices, and a government decision that opens the door to foreign supermarket chains investing in India.
  • economic reforms aimed at boosting a sharply slowing economy
  • long demanded by Indian business leaders, were crucial for economic growth.
  • ...3 more annotations...
  • "Good economics seldom makes for good politics,"
  • mom-and-pop "kirana" stores, who fear the retail reform will drive them out of business
  • "If we don't protest now, the central government will eliminate the poor and middle-class families,"
  • bparksj28 on 21 Sep 12
     
    India strike over market-oriented new policies
bparksj28

At Apple and JPMorgan, a Good Week for the C.E.O. - NYTimes.com - 0 views

www.nytimes.com/...n-a-good-week-for-the-ceo.html

shared by bparksj28 on 26 May 13 - No Cached
  • bparksj28 on 26 May 13
     
    The Role of Business in the 21st Economy Tax Avoidance vs Tax Evasion Jeff Sommer
bparksj28

Paul Ryan's Ayn Rand influence - Video - Business News - 0 views

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

paul ryan rand influence video

shared by bparksj28 on 12 Oct 12 - No Cached
  • bparksj28 on 12 Oct 12
     
    Video on Ayn Rand
bparksj28

Chinese workers: America's loss is our gain - Video - Business News - 0 views

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

chinese workers america video loss

shared by bparksj28 on 29 Oct 12 - No Cached
  • bparksj28 on 29 Oct 12
     
    Video on Jobs moving to China
1 - 20 of 24 Next ›
Showing 20▼ items per page