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News about microfinance. Commentary and archival information about microfinance from The New York Times.

This short article talks about solar panel exports from China to Europe. If China's exporters agree to lower the price on solar panels, a new market equilibrium can be reached.

This is an article about how the Reserve Bank of India is waiting for the new fiscal policies before making any decisions. The inflation is on the rise, but the RBI is yet to make any decisions.

This article is about a new set of trade agreements that could go into effect between the European Union and Canada. Notably, they plan to get rid of almost all tariffs and open all markets for service. It faces opposition from Germany. A study estimates a combined gain of 20 billion euros coming from these new agreements.

New Zealand's trade balance has increased less than predicted, instead of rising from -1350M to -645M, it merely bettered to -908M. This will probably cause a defecit in the current account, and increase the reserve asset spending.

Economic growth: Men work at a construction site on Jl. Pramuka in East Jakarta on Wednesday. The Central Statistics Agency (BPS) announced the domestic economy grew 5.62 percent in the third quarter of 2013, the slowest since 2009.

This article discusses the scarcity of land supply in Chicago and the resulting shift towards home reselling. It explains that, since the scarcity of land has greatly upped the price of constructing new homes, home reselling has consistently and overwhelmingly exceeded new house construction. It also discusses that it was more cost efficient to buy the house, completely demolish it, and rebuild the it on the property than build a new one somewhere else, which provides an example of the sheer effect scarcity has on price.

The article is a special example of a common good, as it gives us an example of a private property that is now going to be opened to the public. Lisa and Leon Gorman, the prior owners of Lane, an island near the mouth of the royal river in Yarmouth, have donated their private property to the Main Coast Heritage Trust. The Island formerly being a private hunting territory shall now become accessible to the public. It has been recognized as an "ecologically significant site" and shall now become part of Royal River which is being restored and protected. A long-term management plan is being developed, which includes the economic vitality as well as the significance of ecological protection of the Island and its surroundings. Although in a slightly different scenario, this article could give us an example of Elenor Ostroms theory of effectively sustaining resources through a self-motivated community.

Trying to protect Brazils forests is a difficulty. Logging cannot be stopped due to common access to the amazon. Farmers make use of the forests until they maximize their utility, causing negative externalities. River banks are ednagered by erosion and wildlife loses its inhabitat. The new Laws by the government are not good enough to prevent logging and support sustainability.

This articles talks about Obama's annual speech, in his speech, Obama promised a number of things including: raising the minimum wage, creating a new tax-free savings bond to encourage Americans to save, to work for the closure of the Guantánamo Bay prison, just to name a few. The increased minimum wage will help a lot of people in America and will help increase the standard of living for them.

This article discusses the impact of low economic development in an exemplary LEDC, Kenya. It explains how freshwater is very scarce and how it has hurt the growth of agriculture in the country's poorest county, Turkana County, but also outlines how the discovery of new water reserves could possibly combat this. Unfortunately, though due to the underdeveloped infrastructure of the region, and the inefficient enterprise (in this case, the government), it could be difficult to realise a steady supply of water. Thus, a vicious cycle is formed, in which development increases at a snail's pace.

In his latest health push, New York City Mayor Michael Bloomberg proposed a bill that would require retailers to keep tobacco products out of sight. It's companion bill, however, is seeking to ban cheap cigarettes and cigarillos by setting a price floor of $10.50 a pack across the board.

This article is about the growth in UK manufacturing. This relates to what we learned about economic growth. Manufacturing growth means that is an increase in the productive potential of the economy which can cause economic growth. Although this article is about facts and number, it is a good way to see how economic growth matters to a country.

This article talks about the Chinese government 'easing price rules' on Sinopec. China's NDRC created a new pricing mechanism for Sinopec's oil which helped make bugger profits.

Here is an example of elasticity, due to the tax increases.

Due to extreme weather changes, droughts and floods are causing bad harvest all around the world. This causes corn and wheat supply to decrease and food prices to increase. Food however has a very inelastic demand. Food is a necessity and therefore people are willing to purchase it at higher prices. 

This deals with how prices are set in marketplace. When it was said that iPhone 5C will be a low-cost phone people were interested and now that it isn't they are makind orders smaller. The bright side is that other iPhones are ordered more.

Due to disposable incomes, people can afford to buy new and more cars. The car industries are stockpiling because car sales have increased and are predicted to further increase the coming years. Companies profits and revenues have risen. They can therefore supply more cars.

This article shows the demand of the new Ipad

This article discusses how the inflation rate of the UK has decreased to 1.7% - a four-year low. This is in cohesion to increasing wages, and Prime Minister Cameron has used this to praise his cabinet's economic policy, aiming to further decrease the rate to 1% by the end of the year.

This article highlights how the UK inflation rate has fallen to a four-year low of 1.7%. The drop in petrol prices is the main reason of this fall in inflation rates.