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meiechl f09

Playing commodities as interest rates rise - MarketWatch - 0 views

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    The Federal Reserve, the central bank of the United States, have promised to keep interest rates at rock-bottom levels for the time being. Low interest rates encourage investment by firms and spending by consumers. Rising interest rates have a negative effect on storable commodities.
catherineechl f09

Banks unlikely to raise interest rates now - The Economic Times - 0 views

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    This article addresses the various interest rates that the Reserve Bank of India is currently dealing with. As of now, most banks have said that "they are unlikely to raise interest rates in the immediate future." However, in dealing with the global recession, many changes are necessary and unavoidable.
masayaechl f09

Fed officials again pledge low rates, slow asset sales - 0 views

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    The Fedeal Reserve Bank is planning for an extended period of low interests due to American high unemployment rate and increasing inflation rate. This is relevant to this week's topic because lowering interests rates would increase disposable income for more consumption, encouragte the investors to lend more money in prospect of high return rates, and ultimately increase the aggregate demand to nourish the unemployment in US.
joshuaechl f09

Unemployment falls in Australia, while job creation soars - 0 views

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    This article gives an example of the positive impacts of a lower unemployment rate. The article mentions that as a result, interest rates will most likely increase in March.
marcelorodriguezechl f09

Interest Rates Rise After Manufacturing Reports - ABC News - 0 views

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    In the US, following its slow economic recovery, employment has been going up, people being able to find jobs again, and hearing the the economy is back on foot. However, this has also given people back confidence, and has led them to fell safer when investing, and thus started to invest more, once again. As a result of this increase in demand for loans, interest rates have also increased. The consequences are still unclear.
juliaechl f09

Clue to the Low Uneployment Rate? 12% of men in prime work years not working or looking... - 0 views

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    Despite their great numbers, many of the men not working are missing from the nation's best- known statistic on unemployment. The jobless rate is now low 4.6%, yet that number excluded most of the missinf men, because they have stopped looking for work and are therefore not considered officially unemployed. That makes the unemployment rate a far less useful measure of the country's well-being than it once was.
marrissaechl f09

What goes up must go Down - 0 views

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    this article expresses how the umemployment rates have shot up the past month and increase every day. The problem with unemployment statistics is not just numbers counted it is the numbers of unemployed and underemployed people who are NOT counted. The definition of unemployment excludes a huge number of unemployed and underemployed people. The counters ONLY count people actually, actively looking for work. sooner or later they rates will lower and employment rates will raise.
issaechl f09

Unemployment could be worse without stimulative measures: DGBAS - CNA ENGLISH NEWS - 0 views

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    This article is about unemployment in Taiwan and how government intervention is needed to keep the number of unemployed as low as possible. The article also speaks about how government work, thus far, has already kept the unemployment rate from rising to what it could have given the state of the economy
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    This article is about unemployment in Taiwan and how government intervention is needed to keep the number of unemployed as low as possible. The article also speaks about how government work, thus far, has already kept the unemployment rate from rising to what it could have given the state of the economy
marcelorodriguezechl f09

BBC News - Labour 'will pledge not to raise income tax rates' - 0 views

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    The British government promised not to raise any income tax, believing that the British labor would "rebuilt the economy, renew the society, and restore trusts in politics." This topic is relevant to this week's topic because delaying the tax increase is a type of deregulation. The consumer are likely to buy consumer goods before a leap in the tax rates occur and the extension of income tax delay would probably contribute to a small increase in AD since the disposasble income remains the same. The expectation of increase in tax rate would induce consumer to buy more product before the actual rise.
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    This article is talking about the UK's labour party wanting to rebuild the economy because the conservative party does not think that they deserve a fourth term. This article links to this week's subject because the labour party promised to keep 'business tax as low as possible' to give maximum protection to frontline public services.
saraechl f09

If interest rates rise, our prospects plummet - 0 views

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    This article is talking about Gordon Brown's policy that offers unlimited government guarantees to every bank in the country. It relates to this week's topic because Gordon Brown's aim is to keep interest rates as low to zero as possible.
matteaechl f09

Bank survey shows customers happy - 0 views

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    This article is about how bank customers in the UK are satisfied with the bank accounts. This shows that either they are happy with their current interest rates, or that they know they won't be able to get a higher rate on their deposit.
saraechl f09

Mortgage rates fall but lending remains muted - 0 views

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    This article is talking about the cost of home loans falling to the cheapest level in more than a year as competition amongst mortgage lenders continues to put pressure on interest rates. This relates to this week's topic because it is talking about lowering interest rates on mortgages to boost both consumer spending and corporate investment which will increase aggregate demand.
masayaechl f09

Exchange rate lures more Australians - Business - NZ Herald News - 1 views

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    "the number of Australian visitors to this country increased by 4 per cent"
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    The number of Australian visitors to this country increased by 4 per cent due to favorable exchange rate. This is an invisible trade in the form of tourism.
matteaechl f09

American Lawmakers Press China Ahead of Talks - 0 views

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    American politicians are hoping for concessions on currency rates from China at talks this week. They believe that the Chinese government controls its exchange rate to keep its currency artificially weak, giving Chinese exporters an advantage.
meiechl f09

BBC NEWS | Business | Q&A: Rising world food prices - 2 views

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    In this article BBC special correspondent Tom Feilden 'looks at the reasons why the era of cheap food is coming to an end'. The article describes how the prices of basic foodstuffs around the world are rising at a rapid rate. It explains that a population boom and economic growth created a new middle class which drastically increased food consumption. This excess demand over supply has therefore hiked up food prices considerably.
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.
meiechl f09

UPDATE 1-US sets grants for health technology, job training | Reuters - 1 views

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    This article describes a measure proposed by Obama as part of his healthcare overhaul and job creation plans, in which $225 million in Department of Labor grants would be used to train 15,000 people in job skills in careers such as healthcare, info-tech and other high growth fields. A high and steady rate of employment is a principle macroeconomic goal of the government.
meiechl f09

Reimporting American Drugs From Canada - Economix Blog - NYTimes.com - 1 views

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    This article describes the attempts of American senators to allow American pharmacies and patients to import prescription drugs from other countries at government controlled rates, thus avoiding higher, unregulated prices in the US.
marcelorodriguezechl f09

U.K. Unemployment Claims Jump to Highest Since 1997 (Update2) - BusinessWeek - 0 views

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    The article explains the effects of the recession which hit our world, especially concerning the unemployment rate. It shows that unemployment in the UK is at 7.8%, and how government investment is proving the Keynesian curve, through fixing the economy.
joshuaechl f09

Inflation falls back to 3% - 0 views

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    Inflation is decreasing in the UK, easing to the fear that interest rates would rise due to rising prices.
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