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This articled discusses about the EU imposing anti-dumping duties on biofuel from Argentina and Indonesia, which will last five years. Argentina and Indonesia have access to the raw materials necessary at a way lower price than the global market prices available for the EU. The EU has worked in collaboration with the WTO to enforce this punishment on Argentina and Indonesia, which will last five years.  This article is clearly for free trade because it shows how anti-dumping is important and must be enforced, since it isn't fair for the foreign countries to impose a higher price than the production one. Stakeholders can be affected by this issue, for example Argentina and Indonesia will now have to pay their duties for five years because of them dumping biofuel in the EU, while the EU will benefit from this situation since they will now pay the normal price for biofuel. consumers will also probably pay a bit less, since the country as a whole and the government will have to pay less to obtain biofuel. 

The article mainly focuses on the canadian economy affected by inflation. Canada's annual inflation rate slowed to 1.1 percent in august. rent price went up 1.7 over one year, natural gas gained 9.5 %. Food price went up 1 %. the living standards went up, therefore living costs increased parallelly.

This article stresses the continue increase of the prices of goods and services in Singapore, causing the inflation in the country to keep growing further. Moreover, this article talks about that the consumer price index (CPI) has risen in August of this year 2% more in comparison with the last year, they also had calculated the CPI in July of this year, which was 1.9% meaning that the inflation kept increasing constantly. This article also strains that one of the main causes for the increase in inflation in Singapore is because of the government measures to slow the inflow of the cheap foreign workers into the city-state. If the inflation in Singapore continues to increase, in the long run this will cause the country's currency to have a value of almost nothing. The consequence of this will be that the people living in this country won't have enough money to live a normal life. Therefore, they will have to have an aid from the government.

Singapore has been dealing with high inflation, which has risen significantly. This is especially in relation to core inflation, that excludes house and car costs, which is higher than had been predicted. Their CPI has increased as well. The Monetary Authority of Singapore has tightened the monetary policy in response to decrease the rate of inflation.  The inflation has partially been caused by restrictive government policies, which attempted to reduce the amount of low-wage foreign workers. These actions were taken due to locals' requests as there is a limited amount of jobs in this small state. The effect was that firms had to increase prices because of increased wages (cost of production) once the cheaper workers were no longer available. Consequently inflation increased more quickly, as did the CPI. To solve the issue, governments are encouraging firms to hire Singaporean employees.   

This article discusses about the recent (August) increase of inflation in Japan, after a deflation that had been lasting for fifteen years. The labor market is very tight and companies have been starting to raise wages, which would indicate that prices will still rise, leading to Japan reaching its goal of a 2 percent inflation rate. Japan has come through recession in 2012, and prices raising tend to indicate that Bank of Japan's monetary stimulus and reflationary policies have been bringing improvements to the economy.  The fact that inflation has been increasing lately will have absolutely a positive effect on Japan's economy, which has grown by a third between April and June. What Japan needs to focus on now is keeping the inflation rate stable and not letting it be affected by disinflation. Prime Minister Abe has been pressuring employers to raise wages, which it might not be the best move, since it will reduce their competitiveness. In the long-run, if the inflation is kept at a normal and stable percentage it will surely be positive for Japan's economy. 

This article mainly discusses about the government in India having a hike in DA by 10%, which allows the lakh employees and pensioners have a benefit. A hike in dearness allowance to 90% from existing 80%, this benefits around 50 lakh central employees and 30 lakh pensioners. The government caused this in order to give benefits to employees and pensioners. Which will show a effect of proportion of basic pay, and it will work out to be over 90% after factoring in the revised all India Consumer Price Index for the Industrial Workers. The impact of it will be that DA was hiked to 80% from 72%. The government uses Consumer Price Index for industrial workers to arrive at a number for the purpose of any DA hike. The retail inflation for the industrial workers (July 2012~ June 2013) needs to take a finial decision.

The article is talking about the situation in japan. The article talk about the deflation that japan has been suffering for the past years, but is saying how japan adapt to it and benefit from it. At the end of the article talks about a paradox that is happening in Japan called the Abe's Paradox that is when a country is both suffering and benefiting form deflation so they don't now to keep it and increase the countries debt or remove it.  The cause of the inflation in japan has been based on how japan has not make any polices to increase central bank polices and that the resulted in deflation. The effect has been both positive and negative, is that the nation debt has approach the 250 percent of gross domestic product. The positive effect is that how deflation helped the price levels to be stable and act like tax cut for households, and put some sobriety for cost. Also how the economic players of japan have adapted to deflationary environment and they now how to benefit from it.

This article is concerned about how Japan had been mired in a malaise brought on by falling prices and a strong yen for years, resulting in deflation in the economy. The economy's prospects have brightened significantly since Prime Minister Shinzo Abe announced fresh spending by the government and encouraged the central bank to unleash a tidal wave of asset purchases, an approach to decrease deflation. In order to defeat deflation, Japan has submerged into increasing the country's tax consumption and are contemplating whether or not to increase the tax consumption to 10% by 2015.

In August, China experienced their highest trade surplus of the year. With an increased interest in global nations, it is a teller of China's currently well-controlled inflation rate. If the rate of goods remains consistent, the greater interest of importers could dig China out of the domestic debt hole they're currently in. With a healthily increasing inflation rate, like anywhere, China is experiencing higher wages, and higher domestic consumer prices. All in all though, the positive direction the net exports are moving in gives us a sense of the ideal, well-managed, increasing inflation rate in China.

1. Britain wants to open up a free trade agreement with China; this would be a multi-billion dollar agreement. The EU is highly opposing this, and especially believes that this decision would have to be discussed for a lot longer. Britain's future in the EU is unknown, as they may no longer be welcome due to decisions such as these, which also involve nuclear weapon production and exchange.  2. The article is arguing against free trade, because it seems like the decision would solely benefit the UK and China, whereas other countries will be left out and may even be in danger. Also, because there are so many against it, it would seem best to wait.  3. Domestically, Britain would be extremely benefitted, as the would get a very high profit. Their consumers would have more choices at lower prices. Also their firms will be able to expand their markets, though may face new competition. The government will also gain a very high profit.  Foreignly, it will have many problems with the rest of the EU and other countries, so it may seem unadvisable, especially if it gets cut off from the union. Also, this will mean less exportation therefore loss of money. 

1) Briefly summarize the article (3-4 sentences) The article mainly discusses about the issue Europe is feared about the uncontrolled protectionism. Several countries such as Russia, Brazil, Indonesia, China and other countries are posing a increasing threat to global recovery, because the markets are emerging turning against the free trade. Overall, it will give several economic crisis towards several nations in Europe. 2) Is your article arguing for or against free trade? Explain The article is mainly arguing against free trade, because by pushing over 154 new tariffs and restrictive measures, it will be violating G20's promise and it is a threat to global growth. 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't) As reading the article I could see that domestic producers are going to be suffering due to the tariffs and restrictive measurements, thus it will also give a damage towards the consumers. As markets are emerging, the markets will be selling products with higher price levels. The government will be also heavily damaged, because by emerging markets, half of the global is output and free trades are turned back as political pressure mounts.

China is continuing to protect its rare earth minerals. It's important to note that China holds nearly 97% of all rare earth's in the world. These rare minerals are needed for many manufacturing ventures. China will increase its regulation on rare earth production to prevent any further externalities.  The article outlines a plan against free trade. Yet, stirs arguments about China's possible attempt to monopolize the industry. The United States, for instance, argues that China's export tariffs are too high, and that they inhibit America's domestic production of needed goods. China argues back that it's an environmental issue.  Countries who rely on technological progress will be hurt by this protection. The minerals are needed for cell phones, wind turbines, missiles, and many other high-tech products. If protection continues, prices will rise, thus lowering the advancement in that sector for many economies around the world. In China, however, less exports mean more jobs domestically. Also more supply domestically. And lastly, the environmental concern of China can further improve the standard of living for citizens whilst cutting down the pollution levels. 

1) Briefly summarize the article (3-4 sentences) Calgon Carbon Corporation announced that the Department of Commerce (DOC) has determined the amount of antidumping tariffs to be assessed on imports of steam activated carbon from China that entered the United States between April 2, 2011 to March 31, 2012. 2) Is your article arguing for or against free trade? Explain My article is arguing for free trade, as it is discussing the revision on anti-dumping tariffs in order to complete a more free trade between China and the United States. 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't) Foreign and domestic producers will have increased competition as the prices of steam activated carbon now will be decreasing. This will have a postive effect on consumers, since they now can buy the carbon at a cheaper price. The government will be generating less revenue, as the tariffs are now 0.40 usd per lb less than the initial tariff imposed.

1) Briefly summarize the article (3-4 sentences) The article is about the Australian Prime Minister Tony Abbott's protectionist strategy in the purchase of Australian companies. This highlights the event where Archer Daniels Midland attempted to purchase Graincorp, as well as the example of George Bush's Protectionist policy for US steel workers. It is concluded it is better to maintain an open anti-protectionist policy to encourage trade to find the best comparative advantage. 2) Is your article arguing for or against free trade? Explain The Article is mainly for free trade, as it takes the stances of criticizing Abbott's actions as well as likening it to Bush's "Failure". It determines Australia needs more foreign investment to remain competitive. It does however mention Abbott's encouragement to give Quantas more foreign investments. 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't) It is stated domestic producers will suffer from the lack of investments, which will consequently affect consumers. Consumers will experience higher price levels and hence higher costs of living. Foreign producers may not experience as much difficulty as domestic producers, though the lack of any comparative advantage will make it less beneficial for the foreign producers. The government is the only stakeholder who will gain, as the higher tariffs may increase tax revenue.

1.The article, which reports an increase in poverty levels in Italy, discusses about both relative and absolute poverty. Relative poverty places the concept of poverty in a social context, people are defined poor when compared to those around them but still have money to survive, relative poverty is based on the cultural environment of the person. Absolute poverty, on the other hand, is when people don't have enough money to meet a basic threshold that is need by everyone to survive, and so cannot afford food, clothing, a house, heating etc. which is what is needed for survival.  2.The biggest causes of poverty in Italy are: unemployment and health/disability. According to the article Italy has been facing its greatest post-war recession, war can also be a huge cause of poverty in countries. Also, the article talks about how in the southern part of Italy people are poorer, when compared to the north, that is also because in Italy southern regions are less economically developed compared to north regions.  3.The article discusses about some consequences of poverty in Italy, by saying that poverty has risen unemployment and has declined purchasing power which have been caused by an increase in taxes which aimed at strengthening the public's finances. The article then discusses about more of personal consequences for Italians which have been considered poor, with poverty levels rising those Italians can no longer afford heating for their homes, holidays away from Italy and purchasing/eating meat. 

1. The article talks about both relative and absolute poverty. Depending on the conditions of the households, the level of poverty changes (mix of them in Italy).   2. Some of the possible causes of poverty are because there is high unemployment and higher lack of skills in the southern regions of Italy which are less developed and account for high amounts of poverty in the country. Another cause is that some families have many children, meaning there is less disposable income (they cannot work) and there are higher costs to pay for them. This is also true when the heads of the families are unemployed (unemployment benefits are not enough to support a family) or factory workers (below minimum wage, low wages, lots of hours, low skilled jobs, structural unemployment, firing because of recession). Another issue is when there are two or more elderly people (do not work, or retirement funds are lower with recession, retirement age has increased therefore with aging less productive and lower wages, less disposable income because they have to be sustained). The recession is the main cause of the unemployment and lack of disposable income, therefore purchasing power and consumption have decreased, especially because of a high increase in taxes.   3. The consequences are that people are going below the poverty line and cannot afford necessities (the amount of people in absolute poverty continues to increase, as well as the one in relative poverty). This means that people cannot afford certain key necessities; some mentioned in the article were heating, holidays and meat. 

1) This article talks about the EU that threatens anti-subisdy tariffs to the Argentinean and Indonesian biodiesel after approving five-year levies to counter below-cost, or "dumped," imports from both countries. 2)The article is arguing in favour of free trade as it tries to impose Argentina and Indonesia Anti-dumping 3) The effects on stake holders, will be that in this case Argentina and Indonesia will have to pay for five years as a consequence of them dumping the BIO-fuel on the EU. on the other hand the EU will benefit from this situation as from now one they will pay the normal price and therefore the consumers will pay less as the cost for the government and the country to get the fuel is less.

Using the Google News search tool please find an article that relates to one or more of the above concepts that you have just listed. Make sure that you tag it "Trade" on Diigo and share to the class. In the description box please do the following: 1) Briefly summarize the article (3-4 sentences) 2) Is your article arguing for or against free trade? Explain 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't)

Using the Google News search tool please find an article that relates to one or more of the above concepts that you have just listed. Make sure that you tag it "Trade" on Diigo and share to the class. In the description box please do the following: 1) Briefly summarize the article (3-4 sentences) 2) Is your article arguing for or against free trade? Explain 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't)