International Monetary Fund has agreed to provide aid for Portugal who is experiencing a sovereign debt crisis.

Bangkok is now initiating a micro-finance scheme to make automobile and motorcycles more convenient and accessible to the average citizen.

The Korean government has declared war against money laundering into foreign banks to root out illegal capital outflow.

This article discuss on the argument of whether or not to impose higher tax rates on the upper class of the economy.

Poverty is fueling the protests in the Middle East. This article is relevant to this week's topic because lack of education and unhealthy environment leads to low-quality human resources, and thus the slowdown in the economic growth.

British terms of trade is worsening due to higher import price for oil and commodities.

The Venezuelan government devaluates its currency for the second time this year in an attempt to meet importer's demand, tame inflation, minimize outflow of domestic currency, and maximize revenue from oil sale.

China stated that the appreciation of Yuan will not solve trade imbalance with United States. China have continued to execute monetary policy to curb its inflationary pressure.

"the number of Australian visitors to this country increased by 4 per cent"

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.

Russia is planning to join the World Trade Organization as early as 2011 after pressing for WTO membership for 17 years.

Colombia initiated talks about a free trade agreement with Singapore that could clear the path to Colombia's membership of the APEC Pacific Rim trading bloc.

Tobias Levkovich, chief US equity strategist for Citigroup says that protectionism can cause inflation ,a drop-off in business activity, and that US has other options to counteract the unemployment against cheaper import goods.

The Tea Board of India announced that they will set up a tea quality testing laboratory top control export quality of brew and inspect if it meets international quality and safety standards.

Saudi Electricity Co., a state- controlled utility, said third-quarter profit advanced 34 percent on higher tariffs for power in the Arab world's biggest economy. This is relevant to this week's topic because here, tariffs is considered as a major source of government revenue.

Malaysia is planning to join on the Trans-Pacific Partnership that United States is pushing to help its companies compete with counterparts in China and Europe.

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.

One of the major problems in the Thailand, a country at political crisis, is the economic inequality between the rich and poor which is aggravating the political situation between the middle-class and low-class. This is relevant to this week's topic because a proper government is not placed in Thailand to redistribute the riches' wealth to the poor population.

Obama visited Iowa to make a speech about his future plans for econommic expansion and recovery of the middle class who have been hit hard by the recession. His stimulus package involves the investment into clean energy which have been criticizd for its validity and effectiveness.

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.

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.