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Wonwoo C

Over my dead body - Forget burial-a crowded city no longer has room even for ashes - 1 views

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    This article is a report on the state of burial prices in Hong Kong greatly affected by the lack of supply of room for the dead. For private burials, the costs can go well beyond $25,000!
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    this article shows the situation in today's Hong-Kong where supply curve has moved to the left because of an increase in prices and demand curve moved to the right, because demand has increased this is caused by a lack of room( supply), so a new equilibrium is now formed which i think will soon change because of a resource being scares which will increase price even higher
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    this article shows the situation in today's Hong-Kong where supply curve has moved to the left because of an increase in prices and demand curve moved to the right, because demand has increased this is caused by a lack of room( supply), so a new equilibrium is now formed which i think will soon change because of a resource being scares which will increase price even higher.
Sondos 2

India's Food Inflation Slows to 3-Month Low on Supply Boost After Harvest - 0 views

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    This article discusses how India, as well as most Asian countries are susceptible of experiencing a cost-push inflation in the near future due to the progressively increasing oil prices (which would increase production costs significantly, reduce output, and increase prices). Also, details concerning India's agricultural sector in relation to inflation rates are also discussed.
Sondos 2

UPDATE 2-Mexico annual inflation hits lowest in 14 months - 0 views

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    Since it's not in the government's favor to impose taxes or increase interest so as to gain the people's voices in the case of re-election, some country's central banks have become independent, as in the case of Mexico in this article. With this independence, the central banks opt to impose their control of inflation through the increase and decrease of interest rates with the objective of maintaining a low, stable rate of inflation. Recently, Mexico's annual inflation rate cooled in February to its lowest in 14 months despite some sharp increases in food prices. This kept the pressure off the central bank to raise interest rates soon.
Constance D

Is the World's oil running out fast? - 1 views

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    Many people, especially people who can afford oil at the moment, complain of it being too expensive at $40 a barrel. However, economists say this is nothing compared to oil's future price. Some even say it is too cheap since its demand has increased dramatically while it can only be provided in a certain amount. By raising its price, it could lower the demand. At the Association for the Study of Peak Oil 's conference in Berlin, it was discussed about the consequences of oil's rising prices.
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    I agree with you. It is true many people do not value what they have. Most of the resources are consumed at the rich countries, and we still want more. Instead you´ll never hear a man who just have enough to feed his family complaining because rice is 6 cents more expensive, if he still can afford it.... sometimes we do not see it, but we are really ungrteful.
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    i agree with you as well Constance but when the price for oil will increase it will also cause a chain reaction that would increase prices on products as well. do you get my point ? ? if a person needs oil he wont be able to live without it lets take an example i am a villager who has a big valley where i gather potatoes like 20 tons. i need to transport them so when transportation price will increase i will have to increase price on potato . so you see what i mean it a little bit miscellaneous point
Manuel R

Wheat Prices Rise in Chicago as Demand May Increase for U.S. Grain Exports - 0 views

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    This report talks about how prices may increase due to the increase of demand, taking into account there is not a maximum price below the equilibrium point.
Sondos 2

India on the move... - 0 views

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    In India, new cars are being registered at a rate of nearly two million per year. The Indian auto industry has become the world's seventh largest, now having overtaken every European country except for Germany. This exponential rate of production comes at an opportunity cost however. A mixed externality takes place. The stimulation in the auto industry increases the demand, and therefore the possession of cars in the country, which will hence increase the amount of green house gases released by general motor transport, aggravating atmospheric pollution.
Sondos 2

German Job Market Improves Further - 0 views

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    This article discusses how the labor market in Germany has improved over the past year, especially recently in January and February 2011. Unemployment has declined sharply by over 75,000!
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    The labor market in Germany has improved and unemployment declined thanks to the country's solid economic upswing.
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    This article discusses how Germany's labor market improved sharply in February and unemployment declined by much more than expected, owing to the country's solid economic upswing and increase in aggregate demand for jobs in the country. And demand for employees continues to increase...
Sondos 2

2011 IDB: Is it Different This Time? - 0 views

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    This article discusses hope of Latin America's business cycle turning for the better in the future.... Boosting business confidence, increasing demand for exports, tourism, technological advances and implementation, as well as increasing consumer confidence all suggest a promising future for Latin America. Or perhaps not?
Abhinav S

Scarcity of Jobs - 2 views

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    While the economic definition of 'scarcity' may seem obscure to this particular scenario, on closer inspection we find that the definition of 'unlimited needs/wants but limited resources' can indeed be applied to the scarcity of jobs as a result of the recession. The 'want' in this case is labour seeking employment and the limited resource is the relative liquidity of business. While this article is generally about foreclosure and its effect on the economy, I feel it demonstrates a highly relevant application of economic scarcity in the current environment.
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    I totally agree with you and the website. Jobs are also a scarcity problem. Because resources cannot be limited (some maybe not), but jobs is definitively limited, due to the fact, there are not enough jobs for everyone. Day by day, people are suffering more to find jobs, due to the amount of people trying to get them. Popularity in the world is increasing greatly, jobs is not so much; therefore, jobs is a scarce "good".
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    Jobs are the main scarcity problem in my country and I think it's a huge problem for the world too. Like resources, there are limited amount of jobs for the people and sometimes adults stay jobless. As the world's population increases, number of unemplyed people increases too. When there was an economic crisis in the world, many poeple were fired from their jobs.
Konstantin Z

Beluga Cavier Price Increases. abruptly from 750- 10000$ - 2 views

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    in this article it is said what are the prices of Caviar why it has increased with such a huge interval it was said that 10 years ago caviar only cost 750 and now it costs so much. it shows how price rises on a specific product because of an increase in demand.
Abhinav S

China plans income tax threshold cut - 0 views

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    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).
Javier C

Spain's Underlying Inflation Rate Rises After VAT Increase - 1 views

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    This article discuses how the increase in VAT indirect taxes, past year in Spain, by the government led to a generalized inflation that stroke the market quite heavily.
Konstantin Z

Lumber demand - 0 views

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    here are two websited which show how lumber demand dropped down from 2002 till 2009 and how it begun to increase in 2010 and what will be approximate price. its interesting as forests get less but demand rises. here is specific information about us how and why did lumber demand fall down and why it increased. in addition here is and this is an excellent website that tells us how we overexposure use of lumber and what will happen: its interesting http://www.idahoforests.org/wood_you.htm#top
Michael M

The Political Rumble Over Public Pension Costs - 0 views

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    Pension costs and health-care costs are increasing with the increased demand for pensions and health care.
Merab K

Steel demand - 0 views

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    This article talks about the steel demand and how it continues to increase. It predicts that steel demand will rise 5.3% in 2011. It also mentions places where steel demand is higher than others.
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    Merab i agree with you its an important issue i also found a website where is said how organizations are trying to increase the recovery rate of this product. http://www.ibtimes.com/articles/68203/20101004/steel-demand-china-india-us.htm
Wonwoo C

Asian Price Controls - In a Fix - 0 views

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    "Putting caps on prices is only a short-term solution" Asian countries, China, Malaysia, and the like, are reluctant to raise prices on fundamental goods such as food and petrol. This allows the people of the country to have access to cheap petrol and thus more motivation for actions which lead to economic growth using petrol. Although the price caps seem beneficial for the country, that is only true in the short run. In the long run, the price caps will increase consumption in the country, and thus increase the demand for more crude oil from abroad which will lead to a rise in global prices of crude oil. Thus, looking ahead, it is for their own sakes that Asian countries should cut down on their price controls on such goods.
Mitchell B

Asia's computer sales increase by 19% - 0 views

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    Asia continues with its high economic growth, increasing its computer sales by 19% this year.
Sondos 2

Poverty worsens as country grows - 0 views

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    Economic growth (increase in the country's level of output, and therefore GDP) in the Philippians condemns a million more Filipinos to poverty from 2006 to 2009. This very example is valid proof that economic growth and development are two entirely different notions. It is shown, in this article how economic growth in the Philippians meant abatement of living standards and a national spread of poverty. Quite the opposite of what can be defined as economic development... " 'Some 185,000 families, or 970,000 Filipinos, became poor', the NCSB said" "The needy totalled 3.86 million families or 23.14 million individuals."
Sondos 2

Floods, cyclone to hit Australia economic growth figures: Treasurer - 0 views

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    Recent floods and Cyclone Yasi in Australia damaged Queensland's coal and agriculture industries, reducing the country's real level of output therefore adversely affecting its economic growth. This could make the economy contract for the first time since the global financial crisis. Furthermore, The damage to agriculture industries is expected to cause a spike in food prices increase inflation over the next few months.
Abhinav S

Economic Growth in India expected to slow down next year - 0 views

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    This article indicates that economic growth in India will slow down to a little over 8 % in fiscal year 2012. This is in part due to a spike in interest rates in order to curb inflation. An increase in interest rates attracts saving and deters investment (the cost of borrowing is higher). In addition to this, the increased saving reduces the amount of expenditure in the economy thus contributing to slower economic growth. The reduction is also attributed to a slowing manufacturing and services sector (which is expected to have strong momentum in 2011 but slower growth in 2012).
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