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joshuaechl f09

Vietnam weighing price controls as milk prices rise - 0 views

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    This article gives an example of a nation putting price control on a product and how that affects the consumtion of that and associated products in a nation.
meiechl f09

BBC NEWS | Business | Is the world's oil running out fast? - 1 views

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    This article from the BBC exposes the rate at which oil is running out, and the consequences it will have on society. The implication is that the market price of oil is far cheaper than its real value, and this means that consumption is rapidly exceeding production. The article questions whether oil rationing should be imposed in order to preserve this scarce resource.
masayaechl f09

The Associated Press: Nations wary of dependence on China's rare earths - 0 views

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    Japan who specializes in the manufacturing of high-tech electronics is in a desperate need for rare earth metals. However, in the recent border disputes over an island located between the two countries, China had halted the shipment of the exotic metals.
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