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Home/ IB Econ HL Section B/ Contents contributed and discussions participated by karenechl f09

Contents contributed and discussions participated by karenechl f09

karenechl f09

Wolfowitz Resigns, Ending Long Fight at World Bank - 0 views

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    Paul D. Wolfowitz, ends a furor over favoritism that blew up into a global fight over American leadership, announced his resignation as president of the World Bank Thursday evening after the bank's board accepted his claim that his mistakes at the bank were made in good faith.
karenechl f09

Microcredit movement tackling poverty one tiny loan at a time - 0 views

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    A Peruvian widow borrowed $64 and bought a few pigs. For $55, a villager in Ghana went into the mineral-water trade. A mother of nine in Guatemala upgraded her grocery store with $250
karenechl f09

Why Foreign Aid Is Hurting Africa - 0 views

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    Money from rich countries has trapped many African nations in a cycle of corruption, slower economic growth and poverty. Cutting off the flow would be far more beneficial.
karenechl f09

Russia 'to lose $25bn in capital flight in 2010' - 0 views

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    Up to $25bn (£16bn) will leave Russia in capital flight this year, as its economic growth "remains very fragile",
karenechl f09

UK arms sales to Bahrain under review - 0 views

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    Britain's arms sales to Bahrain are under urgent review following violence there, the Foreign Office has said.
karenechl f09

Parties clash over cost of social health care plans - 0 views

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    This article refers to the topic of welfare payments because it is talking about the different parties in Great Britain clashed today over how to pay for a reformed welfare system and when to introduce it.
karenechl f09

Jobs program lost its way - and tax money - The Boston Globe - 0 views

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    the article studies what is happening with the economy now. The United States has a serious problematic with unemployment. that´s why the government has motivated bussines to create more jobs. the problem is that not every business is willing to help.
karenechl f09

Majority of Americans reject Keynesian economics!!! - 0 views

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    This is an article about American's statistics of Keynesian economics. Some people think that its a good way of economy which helps US to stay in balance, other people think that Keynesian economics ruining US economy. the idea that the federal government needs to spend and increase the very few peolpe agreed with Keynesian econmy while while 70% disagree with Keynesian economy.
karenechl f09

Independent Tea Firm Dilmah Takes on the Giants - NYTimes.com - 1 views

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    This article is about a small company of Sri Lankan tea called "Dilmah". The tea factory is challenging the world´s transnational tea manufactures such as Lipton and Twinings. It is selling high quality, Dilmah is selling select and exclusive teas at higher prices. so we can say that the company is selling exclusiveness rather than the actual price.
karenechl f09

BBC NEWS | Business | Darling says party over for banks - 2 views

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    This article from BBC NEWS - WORLD ECONMY to alert bankers that they must realise that world has changed. Alistair Darling said that the party has got to be over for bankers; he wants to use some regulations to force banks to limit the proportion of their profits that they can give out in bonuses and make sure there are no rewards for failure. Mr. darling wants the bankers to behave sensibly at some situations. Mr. Darling's idea is to also have blacklist of countries that are regulatory havens where the rules and regulations companies have to follow are less onerous. In conclusion we could say that this article relates to scarcity because bankers wants to get more and more profits without thinking sensibly, that is why Mr. Darling needs to limit them.
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