IB Econ HL Section B

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.

This article is about how Greece has formally asked for a rescue package for its heavily indebted economy. This should help reduce Greece's debt, which will in turn reduce interest rates. This will increase consumer spending and stimulate aggregate demand.

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.

Obama has just proposed a plan to privatise the actions of NASA, i.e. release it from government control. The President says this would put astronauts on a more ambitious and sustainable path to the future. Some others believe that this is the death of the nation's space flight program...

Mayor Richard Daley today brushed off attempts by police union leaders to blame his administration for officers not getting better raises in a new five-year contract, exemplifying the struggles between unions and employers. In this case, they are dealing with the government

This article talks about how the Congress of South African Trade Unions has pledged full support for SAMWU's 130 000 municipal workers who have been on a national protected strike from 12 April 2010. Trade unions, if powerful and well organized, and if many workers belong to them, can have devastating consequences on the economy if they go on strike.

There is much speculation in Chile that the state copper company, Codelco, may sell its 40% share in the Edelnor generation JV. This could raise US$875 million. While not an actual privitization of a company, this represents a switch from government to private control.

In order to create new jobs, the senate of Arizona has just backed a bill that will cut business tax and give tax breaks to families in order to create new jobs. People in support of the package said that it would diversify the state economy and provide high-paying jobs by attracting business expansions and relocations.

This article presents one of the possible outcomes of implementing a business tax, which is great dislike and confrontations from businesses towards the government. Furthermore, the possibility of people losing jobs is still present, and threatens the balance of the economy in general.

This is article is about how Canadian sawmillers will not have to pay as many taxes now due to an increase in lumber prices. The sawmillers had to pay a sliding rate export tax inder a 2006 US-Canadian agreement. The rate of this business tax is now reduces 5%.

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.

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.

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.

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.

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.

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.

This article demonstrates several characteristics of deflation: falling prices and worth (of houses, for example), decreasing wages, and decreasing in availability of credit (and also higher interest rates). Due to all these factors, many homeowners in the United States cannot afford to pay off their mortgages or maintain their homes. This article examines the measures government is taking to address the problem and addresses whether or not these measures have a chance to succeed.

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

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

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

This article is about the decrease in Japan's machinery orders by 11.3%. The decline in orders could mean that Japanese companies are giving up on a recovery from deflation. This relates to the topic of deflation because in this article, it is saying that the Japanese economy "is going to suffer from price deflation for some time."