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Monique T

Greek yogurt on a marathon-like growth spurt | Lake County News-Sun - 1 views

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    This article describes the recent growth in a number of firms producing Greek Yogurt in the United States. As a result of this growth, the firms are experiencing economies of scale and they are all expanding their factories to increase their output. As the article states: "The Chobani plant today bustles with 14 production lines mechanically squirting yogurt into plastic cups that zip down conveyor belts." - this shows a technological improvement that is an economy of scale: due to the increase in size in the firm, it can employ more efficient, lower cost methods of production.
Monique T

A Gold Rush of Subsidies in the Search for Clean Energy | NYTimes.com - 0 views

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    This article describes the vast amounts of subsidies that are available to companies providing renewable energy sources in the United States. The government decided to provide subsidies for these projects because it felt that they were necessary for the environmental health of the country, however some people believe that the government provided too much unnecessary money in this situation.
Monique T

European joblessness: Armies of the unemployed | The Economist - 3 views

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    This article discusses the problems of unemployment around the world - while unemployment is leveling off in the United States, it continues to increase in the Euro Zone, which is suffering from economic problems.
Olachi Nwabuikwu

BBC News - Somalia famine: UN warns of 750,000 deaths - 2 views

  • "In total, 4 million people are in crisis in Somalia, with 750,000 people at risk of death in the coming four months in the absence of adequate response,"
  • 'Not short-term'
  • "Even if we are able to get food and supplies to the main ports of Somalia, I think there is a real challenge in being able to deliver that assistance - what I call the 'last-mile' problem.
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    Now for Somalian citizens who are faced with a compulsory pattern of living with famine, scarcity can be thought as not invited but already a citizen, despite the environmental constraints of hydro climatically-induced water scarcity and the considerable fluctuations which characterize the natural freshwater supply supposed to exist; a water-stress routine is now an impact on the responsibility of improved water supply for self-sufficient crop production (resulting in lack of food and crop production) as well as the number of these Somalian individuals desperately depending on any flow unit of water available to them from the water cycle. Sadly as stated it is not of a short term crisis but if seen in a medium-term-perspective, water may not be readily available to support improved life quality for this growing African population, so the economy therefore is faced with a great deal of scarcity without knowing what to do about it.
Sebastian van Winkel

U.S. sets new tariffs on Chinese solar imports - 1 views

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    The United States hit Chinese solar companies with punitive import tariffs of 30 percent or more, ruling they had dumped cut-price solar panels into the U.S. market. Several of the Chinese companies and a solar trade group opposed to the tariffs denounced the duties, and said they would drive up costs for the clean energy source, stunting its fast growth.
Sebastian van Winkel

Factbox: Obama, Romney spar on China, other trade issues - 2 views

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    The article addresses the trade between the United States and China. The trade between these two countries has swollen to a record $295 billion in 2011. Though, the trade doesn't seem as nice as it actually is, and Obama has filed 8 cases against China at the WTO since 2009. On the other hand there is Romney, who says that Obama hasn't been aggressive enough, so if he gets elected it seems that a lot is going to change.
Monique T

U.S. Federal Reserve's full statement on rate decision | Financial Post - 1 views

  • the unemployment rate has declined
  • Inflation has picked up somewhat
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    This article describes a decision by the US Federal reserve regarding inflation rates. The article points out that the unemployment rate has declined and inflation has increase, showing the trade-off. They hope, by monetary policy, however, to attempt to both reduce unemployment and achieve a stable rate of inflation.
Monique T

Outlook for U.S. Consumer Spending Brightens on Employment Gains | Bloomberg Businessweek - 1 views

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    The aggregate demand in an economy is made up of the total spending on goods and services in a country, and one of the components of aggregate demand is consumption (consumer spending). This article outlines some reasons as to why consumer spending - consumption - is expected to increase in the US in the coming months.
Nadiya Safonova

U.S. recession threat weakens | Financial Post - 0 views

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    This article discusses the declining threat of further economic downturn for the United States...a recession is one of the things that can be considered when looking at a macroeconomic level...
Katrina D

It's time to question Canada's cheese prices - 0 views

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    Who likes cheese? In Canada we do, and it's not helpful that our dairy prices are so much higher than other countries. This article analyzes our situation compared to other countries, particularly the United States. It also brings up the idea of other countries imposing subsidies to pay out farmers to help the problem (ie. US farmers get 31 cents per litre of milk). As well, Canadian farmers get a quota to how much product they can produce, so that really restricts competition in this industry.
Nadiya Safonova

The Referee: Are Sugar Price Controls Souring Job Creation? - 0 views

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    This article discusses the current issue in the United States when it comes to the price controls for sugar. Not only has it cost a lot of people their jobs, it is also eliminating the possibility for the growth of more jobs. And the problem isn't just with the jobs...the price control for sugar has caused an increase inprice in many goods that use to make their products...such as breakfast cereal....so even thought the price control is meant as a normative economic action...it may negatively impact the market.
Mirren M

Malaysia sees need for easier monetary policy - 0 views

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    Due to the United States and European debt crises, Malaysia is adviced to keep monetary policies loose. As of last August, "Malaysian annual inflation touched a 27-month high at 3.5% in June, reinforcing expectations of a 25-basis point rate rise in September."
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