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"India's merchandise exports expanded by more than 10% for the second month in a row in June, the latest sign that India's economy may be rebounding. June exports rose 10.2% from the year-earlier month, to $26.48 billion, after climbing 12.4% in May..." This shows how an injection (export) to the circular flow system of India has caused the money flowing to increasing for the better of the country. This is helping cover up the leakages that Indians spend on imported products mainly. The campaign by the new Prime Minister to increase exports and decrease imports is having significant impact on the countries economy.

Venezuela is currently experiencing extreme scarcity levels in basic items and is also suffering from one of the world's highest inflation rates. Their economy isn't looking good.

Because India has freed the prices of diesel discovered in their country from the governments control, it opens a new market of investment. By doing this, India's economy will be revamped. This means that as the price of diesel fluctuates, the economy will also change.

This article is about the Government's intervention on diesel prices in India.Now Government doesn't control prices.Their aim is to encourage investment and revamp its economy.

This article talks about how AD interferes with respect to AS and causes "disorder". It is interesting how we can blame one of the two for the falling world economy

Our modern global economy struggles with the challenge of using limited natural resources without exhausting them. It seems difficult to keep the common privatised and put regulations so that they arent overused by the community. In addition to that it was mentioned that privatisation can lead to the destruction of local economies in some cases

Saudi arabia is a large supplier of raw oil. It plans to cut down oil production even more due to the continuos falling prices of oil (since mid-June 2014). Apparently Oil demand is lessening while supply remains strong, causing the prices to drop. According to the International Energy Agency, this will be a year of slow growth for the world's demand for oil.

As oil prices fall as much as 18%, global economy is booming. The purchasing power of the citizens are expected to rise. This steals around 0.5% of the national GDP from oil producers and gives it to consumers.

This is a very insightful article that talks about the professions that will stick out or activities that will boom the participator's bank account in the upcoming near future of the growing USA economy.

This article speaks about how the Starbucks franchise has created a greater demand, thus a greater supply of pumpkins since they released their new Pumpkin latte in 2005. By doing so, it shows how a single organization can influence the entire economy.

Germany's consumer price index fell 0.3% month-over-month in January. It's the first time the inflation rate went negative since September 2009. Deflation is when prices fall, consumers and businesses often hold back on purchases hoping for even lower prices to come. This article examines the economic risks of dropping prices and what it could mean in the future for Germany and Europe.

Eurozone finance ministers will meet again Monday for crunch talks on how to keep Greece solvent, and in the euro, after a first round of discussions ended in failure Wednesday night. Europe insisted Greece honor its commitments under the existing bailout program, 30% of which the new left-wing government of Prime Minister Alexis Tsipras says is unacceptable.

This article discusses how water is being sold too cheaply, even when there is a drought. Here price mechanism should come in to regulate and allocate scarce resources. It says that people consuming the water have no incentive to stop wasting if the price is so low

Also, Water is quite inelastic since people will continue to use it (largely because we need it). The fact that it is so inelastic can actually be dangerous. this is because we continue to consume it whether or not the price increases.

"Few carriers besides Maersk are profitable, too many new ships are being built, and demand for space on container ships is slowing as economies in Europe and Asia face headwinds." This article is about how the supply of space on cargo ships has vastly increased in the last 15 years, but demand slows as economies around the globe face the recession. This example shows how a situation of excess supply can be created due to the external forces of demand decreasing due to lower income.

In order to meet the demands of electricity in Nepal as well as export electricity to power-hungry India, the Nepal government agreed allow GMR to construct the 900-megawatt Upper Karnali hydroelectric power plant in the northwest. The project set for completion in 2021, which will provide 12 per cent energy free to Nepal to ease a crippling power shortage and help its economy emerge. An agreement was signed to construct transmission lines across the border to transmit the remaining electricity to India, which can help reducing the extreme scarcity of electricity in India. I agree with the project because this can decrease the scarcity level in both Nepal and India.

A new report from the Organization of Economic Co-operation and Development, which represents 34 mostly developed nations, said the rise in income inequality hurts economic growth. Today, the richest 10% of the population in member countries earn 9.5 times the income of the poorest 10%.

Fiscal Policy and the EU's Economy

As stocks tumble and populist frustration with the political and financial classes grows, Trump is bringing protectionism back in vogue -- making threats to upend trends toward globalization that are decades in the making through the sheer force of his negotiating talents. I have chosen this article in order to convey how politicians can use tariffs as a means to attract votes. Tariffs play a huge role in determining the import-export balance and using them in favor of domestic producers- even though it may cause the economy harm- may result with gaining advantage in ballots.

The Australia federal government announced plans to increase the tax on fuel despite not having parliamentary approval for the measure. Due to the rise of tax on fuel, the price of fuel tends to increase next month. The Minister claims that the effect on petrol prices would be "modest". But the impact on our capacity to build a stronger more prosperous economy will be significant. The measure is expected to expected to raise the government $2.2 billion over four years and $19 billion over the next decade.

This article by CNN is an interesting one that focuses particularly how oil prices will hit 55 Dollars after the 100 dollars of price levels in September. The article is an interesting approach to AD/AS balance and how this conflict will be likely to resolve.

This article indicates the The Reserve Bank of India's expectations of inflation to remain near current elevated levels for the remainder of the fiscal year that ends in March.As I see ınflation is a big worry for countries and it has an important place in economics.