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This article provides an interesting perspective into the fluctuation in price levels between different domestic routes in the US. As demand for a particular route goes up, so does price of airfare that serves that route. As a result, an increasing number of airlines allocate resources to serve that route, and as a result of competitive pressure, prices go down. This results in volatility of prices, and a constant shift in the allocation of resources based on price levels between routes. For instance, the route between Atlanta (ATL) to Las Vegas (LAS) is said to have 2,472,916 price changes. This reflects upon the popularity of this route for domestic travel within the US.

Japan's nuclear crisis and the devastations caused by last Friday's earthquake and tsunami are unlikely to trigger a global recession as happened in the aftermath of the collapse of the US investment bank Lehman Brothers three years ago, according to leading economists. However, they expressed fears that automobile and electronic industries around the world, especially in Asia, Europe and the US, may face manufacturing delays, if the Japanese production of components remain crippled for a long period. Even though Japan is the world's third largest economy, its share of the global gross domestic product (GDP) is below 5 per cent. Therefore, the consequences for the global economy from the catastrophe will be very minimal

This article talks about how the self-developed protectionism (with a combination of tariffs and legislation in favor of domestic supply) of the brazilian economy is threatening its economy.

"According to the National Carmakers' Association, poor infrastructure and pricey credit and labour mean that making cars is 60% more expensive in Brazil than in China. Local manufacturers have long relied on high tariffs." I understand why Brazil wants to protect their car industry, however shouldn't it be time to look at why there is such high foreign competition, maybe if they would use the revenue the government earns from the tariffs, they could implement training programs or educational programs to increase workers productivity and therefore in the long run decrease the prices consumers have to pay.

Imposition of levies (taxes) by G20 governments to reduce government budget deficit: The G20 summit held in Canada over the weekend has confirmed the trend of fiscal consolidation which is happening in many of the major world economies in the wake of the financial crisis and recession. Leaders have agreed that debt as a proportion of gross domestic product needs to be stabilised or actually reduced by 2016 and it was noted that all the G20 countries had committed to halving their respective deficits within three years. Plans to introduce a global levy on banks have, as expected, been dropped although the summit confirmed that member countries would be free to introduce their own measures. The UK introduced a levy in the emergency Budget last week and some other European countries also have plans to do so...

Although the United States' problem of mounting fiscal deficits has become common knowledge in recent years, several prominent economists have advocated for additional spending so that the current economic recovery does not sputter. Others on the other hand claim that "In the real world, any increase in government spending is going to further worsen the debt/gross domestic product ratio, meaning debt service will become more and more costly, eventually reaching a point when it is unsustainable…The United States is fast reaching the point of unsustainability - hence there is no real choice but to greatly reduce government spending."

This article talks about the nowadays of the keynesian believes

The article discusses the Chinese state's initiative to increase the minimum income tax threshold from 2000 yuan. This was done in order to 'boost domestic demand' - a rise in disposable income increases consumer expenditure in theory and thus boosts aggregate demand. The authorities are however cautious of the increase in income leading to inflation - this suggests that the authorities deem the Chinese economy to be near full employment of resources (according to the Keynesian outlook).

This articles describes the strained relationship between the United States and Mexico because of their respective protectionist policies. There is talk of both countries decreasing or completely removing these policies to allow for better trade within each country. This would decrease domestic trade and increase exportation between countries. Unemployment would decrease due to the increased trade between countries.