Group items tagged

Even though water is not a scarce resource, it is becoming scarce in various regions. These regions tend to be highly populated areas such as countries in Europe including Spain and France. In contrast, areas such as iceland, who have everlasting water, do not have a problem of scarcity because of there low population.

Many people believe water scarcity is a problem mainly related to areas such as Africa, Arab Saudi...etc However this problem is affecting Europe as well. Regions such as Spain or France, during summer suffer from lots of fire. This produces lands to become inert in other words, the land becomes unprodutive. This is a problem, but at the same time, the lack of water (rain) is great. This produces rivers, lakes...etc to decrease the amount of water. Finbally all these problems are causing some countries to start having scarce water problems.

This article talks about how the unemployment rates are starting to strike Europe too, making special emphasis on the fact of the unemployment rates in some countries such as Spain and Ireland, that are passing through several difficulties recently.

The article that I bookmarked for this week is about how exchange rates and bad climate are affecting Brazil's melon shipments. Brazil is a large exporter of melons and Europe is their biggest importer of melons. Because of the recent financial problems in Europe the exchange rates are not in Brazil's favor for exports. Due to these bad exchange rates for an exporting industry and the bad weather also hurting the melons, Brazil's melon farmers are facing some problems.

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

Japan's struggle to avert a nuclear disaster and prepare for a reconstruction of epic proportions is one more risk for a global economy already grappling with mounting risks. The threats to the fragile recovery were already rising before the devastating earthquake and tsunami brought the world's third-largest industrial economy to its knees. And they span the globe - from conflict and oil disruptions in the Middle East and rising inflation in China and other high-growth emerging economies to continuing debt woes in Europe and persistent weakness in U.S. housing and employment, whose recovery is essential to any sustained U.S. rebound. Adding to the wall of worry, governments have pulled the plug on massive stimulus programs, which played a crucial role in turning around economic fortunes in the wake of the 2008 financial meltdown and ensuing recession. Are these symptoms of an upcoming recession?

This article talks about how foreign markets are threatened by the possible creation of a transaction tax for international trade among EU-countries and non-EU-countries, what would incentive the local commerce in europe and favor a protectionist policy in all Europe.

Over the weekend there were proposals that Germany and the other 5 AAA-rated nations of Europe might start jointly issuing 'Elite' bonds. Pound rates are today being driven by attitude to risk - and what a morning it has been. Equity markets have surged, and risk associated currencies such as the Australian dollar have moved higher.

We all know Spain is one of the worst affected economies that crisis has left, due to many circunstances which won´t be exposed here. This artcle is releated with the course as it talks about the evil: unemployment and how it is growing at Europe

Europe tightens their monetary policy, apparently fighting price pressure according to Weber, Bundesbank president. Europe's inflation rate is about 2.7% as of March, up from 2.4%.