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

Contents contributed and discussions participated by saraechl f09

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Japan rebuild could take five years, World Bank says - 0 views

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    Japan may need up to five years to rebuild from the disastrous earthquake and tsunami that has caused up to $235bn (£145bn) of damage, the World Bank said in a report.
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Microcredit in focus amid moves to oust Grameen's Yunus - 0 views

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    The move to oust Professor Muhammad Yunus from the board of Grameen Bank is the latest in a line of criticisms aimed at him as an individual and the microcredit system he pioneered.
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Pakistan could be top of UK foreign aid list - 0 views

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    Pakistan could become the UK's biggest aid recipient by 2015.
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India court alarm over 'theft of national money' - 0 views

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    India's Supreme Court has said that the practice of illegal funnelling of wealth overseas by Indians is a "pure and simple theft of national money".
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Rich and poor gap 'remains high' - 0 views

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    The gap between the rich and poor in the UK remained at a high level in 2007-8, official statistics have shown.
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Scottish poverty levels 'not improving' - 0 views

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    Scotland is facing its "most difficult" challenges in tackling poverty in years, campaigners have warned.
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EU freezes assets of Tunisia's ousted President Ben Ali - 0 views

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    The EU is looking at resuming talks, begun with Tunisia while Mr Ben Ali was in power, on improving trade terms with the country.
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Sudan opposition leader Hassan al-Turabi 'arrested' - 0 views

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    Sudan is suffering an economic crisis, with a current account deficit and currency devaluation driving up inflation.
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The US-China power balance - 0 views

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    Talks between US President Barack Obama and Chinese President Hu Jintao are being billed as the most important meeting between the two countries for 30 years. It comes at a time when relations have been strained by issues such as the trade imbalance and China's growing military might.
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EU to target private lenders in future bail-outs - 0 views

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    The decision may significantly raise the future cost of borrowing for over-indebted eurozone governments. It is part of a new permanent scheme - to be funded by eurozone governments, but not the UK - to replace existing bail-out funds that expire in 2013. "The Member States whose currency is the euro may establish a stability mechanism to safeguard the stability of the euro area as a whole. The granting of financial assistance under the mechanism will be made subject to strict conditionality."
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UK Trade deficit widens - 0 views

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    A surge in imports in June pushed Britain's trade deficit with non-EU countries to its widest level on record.
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What can Africa expect from WTO? - 0 views

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    As the World Trade Organisation (WTO) gathers in Hong Kong for fresh negotiations between rich and poor countries, should Africa be hopeful?
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S America launches trading bloc - 0 views

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    This article is about epresentatives from 12 South American countries signing an agreement to create a political and economic bloc modelled on the European Union.
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Developing countries fight for free trade - 0 views

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    This article talks about developing countries, such as China and India, wanting to join in free trade with more developed countries in Europe and the US.
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Cheap energy tariffs running out - 0 views

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    This article talks about England raising the previously discounted tariff on energy.
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Can free trade benefit Africa? - 0 views

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    This article is talking about the unbalance between rich and poor countries in free trade. Here the article is raising the question about whether Africa benefits from free trade, or if it actually hurts the economy.
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Brazil and France in jets talks - 0 views

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    This article is about Brazil's desire to buy fighter planes and other military vessels from France. This relates to this week's topic because France has an absolute advantage when it comes to military machines, so Brazil wants to purchase them.
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Where the manifestos hit our wallets - 0 views

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    This article relates to the topic of income tax because it is talking about the different parties in the English government will change the income tax to please the public.
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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.
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Cost cuts mean RSPCA shelters will turn away stray or unwanted pets - 0 views

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    Because of financial pressures and donations falling due to the recession, will have to cut costs and minimize welfare for animals. The number of abandoned pets is increasing due to the recession and because of the financial pressures, the RSPCA has to start turning away abandoned pets and only take in ones that have been seized by inspectors in cruelty cases or those which are at immediate risk or cruelty. This article shows that even animal welfare is being affected by the recession.
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