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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.
catherineechl f09

News Analysis - A Bold U.S. Plan to Help Struggling Homeowners - NYTimes.com - 0 views

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    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.
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
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.
masayaechl f09

Sides Dispute Strike Effect at British Airways - NYTimes.com - 0 views

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    The dispute between British Airways' management and the Unite trade union, which is over working conditions and pay freezes, intensified over the weekend after the two sides disagreed about the effectiveness of the strike. This article is relevant to this week's topic because if the strike consists and the firm must agree to defrost its pay-freeze and increase real wage, that would result in a cost-push inflation caused by pressure from trade union.
masayaechl f09

British Airways Resumes Talks With Union in Effort to Avert Strike - NYTimes.com - 0 views

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    The British Airway has decided to lay-off the number of staff on long-haul flights and freeze their pay for this year. The aim of this reduction in cost is to save 62.5million euros to help cope with a fall in demand, volatile fuel prices, and increased competition against low-cost airline firms. This article is relevant to Week 25 topic because this is an example of demand-deficient unemployment where potential supply for labor exceeds the actual demand for these labors.
meiechl f09

Bank of Japan struggles to curb deflation - Times Online - 0 views

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    This article is about how the Bank of Japan is trying to curb increasing deflation in the country via a 20 trillion yen scheme that expands its super-cheap funding for the banking sector. Japan has suffered deflation since the 1990s, because of fallen asset prices, insolvent companies and banks, low GDP growth and imported deflation.
matteaechl f09

February wholesale prices drop .6% - 0 views

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    This article is about the drop in prices at the wholesale level in the month of February. This drop, about 0.6%, is the largest in seven months. This represents deflation, as it is a drop in prices.
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.
marcelorodriguezechl f09

FT.com / Companies / Banks - Darling defies threats on bonus tax - - 0 views

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    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.
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.
marcelorodriguezechl f09

For Lugo, Paraguay income tax is a dream deferred - BusinessWeek - 0 views

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    This article talks about Paraguay's tax policies, as it is one of the few countries in the world with no income tax. In addition, it looks like that won't change anytime soon. Lugo claims that such tax would help lowering the crime rate in such dangerous country; however, it seems that senators do not want to pay such tax.
matteaechl f09

Sharp tax rises needed to cut deficit says think tank - 0 views

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    This article is about the need for higher tax rates to cut government deficit. The tax hike needed would be the equivalent of raising the basic rate of income tax from 20p to 26p on the pound. Tax rises do not all necessarily need to come in the form of income tax, but this is the amount needed.
matteaechl f09

Sale of state's share in Edelnor could raise US$875mn - 0 views

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    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.
meiechl f09

In Colorado, Biden touts stimulus and new energy economy « Colorado Independent - 0 views

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    Speaking in Colorado, vice-president made a strong case for the creation of a 'new energy economy' as part of the stimulus program, claiming that it and a 'full throttle green program' are inextricably linked. He said that this form of stimulus has been successful in creating jobs and attracting venture capitalists.
marcelorodriguezechl f09

Editorial - Job Creation Basics - NYTimes.com - 0 views

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    This article esplains how Obama is trying to stimulate the labor market, through creating the necessary conditions for hiring, in order to decrease unemployment. His measures are intended to help the unemployed through stimulating hiring conditions.
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

Obama pleads for bipartisan immigration reform - 0 views

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    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.
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.
matteaechl f09

Greece Calls on EU-IMF Rescue Loans - 0 views

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    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.
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