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Tony L

UK's Economy Growing - 0 views

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    This article states that UK's economy is slowly growing due to consumers buying and spending more. This won't be able to make up the 0.2% fall in GDP for 2012, but it is still a small start.
anonymous

Fedex cuts jobs to save money. - 1 views

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    This article from the Huffington Post explains why Fedex, the popular express mail company, is cutting jobs in the united states and over seas to save a more money as 2012 was not a good year for fedex. They expect to save 300 million in fuel alone from the job shredding. Very interesting article as it shows why companies would cut jobs to save more money, basically a way of thinking put in place by President Reagan long ago.
Xinmian H

Casey B. Mulligan: What Happened to the Microsoft Monopoly? - NYTimes.com - 1 views

  • there is no such thing as a monopoly in the computer industry.
  • Watching Apple introduce some amazing products last week, including laptops (which have been running Intel processors for several years now) and operating systems for mobile and desktop devices, it is difficult to imagine that the Justice Department once thought that, without government intervention, consumer choices would be significantly limited by Microsoft.
  • Market forces are clearly working to give consumers choices in the market.
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    This article talked about how Apple broke the monopoly in computer industry controlled by Microsoft. 14 years ago Justice Department worried that without government intervention, consumer choice would be significantly limited by Microsoft. However, today Apple broke this monopoly and took a big share of market. By using non-price competition and creating innovative product, Apple survived and succeed in computer industry. So we can see there is no such thing as a monopoly in computer industry, the advancement of technology will always give the market to the firm.
anonymous

Automakers are learning to reach equilibrium - 0 views

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    European car makers are learning to reduce the supply of cars they are making. The economy has been on the decline for the past few years and over the last four years, America has learned to cope. They've lessened their supply to meet the demand and they've increased supply in the cars that there was actual demand for. Now, its time for European car makers to learn the same lesson. Instead of simply relying on past models, European car makers have to adapt and learn that the past may not be reliable anymore. Thus, they have to change their business model in order to be successful.
anonymous

Rupee Leads Drop in Asian Currencies on Global Slowdown Concern - 0 views

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    A lot of Asian countries' currencies are dropping, however Chines currency is almost equilibrium to U.S. Dollar.
anonymous

Milk Allergy Problem Solved? - 0 views

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    Many people are lactose intolerant, but this new genetically modified cow looks to solve those problems. If this new "tailless" cow is able to solve the lactose intolerance problem, than the demand for milk will increase, and the demand for soy milk or other milk substitutes will decrease.
Bora T

Demand- Iran's Rial Plummets Against the Dollar - NYTimes.com - 0 views

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    sorry I forgot to publish the article in correct way. The demand for Iran's currency, Rials, is decreased due to economic uncertainties. 
Elnara H

Demand for Apple iPhone 5 lights up China's online market - 1 views

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    The article is about how chinese fans of iPhone 5 are looking everywhere to find an iPhone 5 , which has a big rate of sailing these days. People try to use different sources where they can buy an iPhone.
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    I really like this article because I think anything to do with demand for iPhone is interesting. Chances are, most people don't even know the new features of the iPhone 5 compared to the iPhone 4S but the popularity of Apple in of itself is enough to create hype
anonymous

Opinion: Truth about China's workers - 0 views

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    This article talked about the life of Chinese factory workers. Despite the harsh working conditions, the workers don't strike. This reminded me of demand in many different ways. 1) The demand for food will always be high because it is essential to life. The price that these people have to pay is working past the legal hours, living in unfavorable conditions, and working in unsafe factory floors. 2) The high demand for cheap products increases the demand for workers who are willing to work for under the minimum wage. This article taught me the relation between the price of a product and the wage of a worker.
Emma R

Rice Subsidies in Thailand - 0 views

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    This article is about high rice subsidies in Thailand. The subsidies are so high, they are hindering international rice exports.The US is challenging Thailand over its high subsidies, claiming that Thailand is violating regulations put into place by the WTO.
Jacques DP

Starbucks tax evasion - 0 views

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    This article talks about how lage companies like Starbucks and Google are evading tax in the UK by ensuring mae no profits, thereby avoiding corporate tax. These companiesmake billions in but " they ensured they made no profits through large royalty and other payments to offshore companies" (2012, Telegraph) There are understandaby many peopl who are upset about this and calling it unfair. It also undermines the profits of local companies. A solution thatis beng suggested is a sales tax. However many expertssa tha what te TNC's are doing is perfectly legal and said "corporation tax was a tax on activity."
anonymous

Subsidies on prime gasoline to end as IMF delegation leaves - 0 views

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    Saaed announced that the government will eliminate subsidies given to gasoline companies.
Deepak B

Iran postpones second round of subsidy cuts - 0 views

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    The article says that Iran began cutting subsidies on energy and food in 2010. The second phase, which targeted gasoline subsidies, was to take effect in March 2012.
Cedric M

Oregon Tax Trouble: The dreaded sales tax must be weighed as a part of fiscal reform - 0 views

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    There is a taboo word in the state of Oregon, it's 'sales tax'. The people of this state have rejected sales tax nine times, and the government does not know what to do about it. Politicians are also scared from the word 'sales tax' because if any of them was for it, it would mean suicide for the political party.
anonymous

Most traders abiding by price control, says minister - 0 views

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    This article was interesting because it showed the producers responding to the price control that the government had set up. In response to the ceiling price, many traders started an illegal market where they charged more for a good.
Elnara H

Excise Tax Looms for Medical Device Industry - 0 views

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    The article talks about the affect of the imposing tax on medical devise industry, that is not profitable at all. The future of medicine will get worse, because they won't be able to buy advanced technology ect. By imposing tax on medical devise industry may cause a lot of problems, which are mentioned in the article.
anonymous

Why environmentalists should be open-minded about the oil sands - 1 views

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    This article is interesting because it asks whether the benefits from oil sands production outweigh the costs. I thought that the idea of a negative externality being worth the benefits was very strange.
Emma R

Price Controls Cause Food Shortages in Venezuela - 0 views

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    Government price controls for groceries backfired in Venezuela. Although their aim was to make basic necessities available for everyone, the maximum price was so low that it prevented producers from collecting any revenue. As a result, producers began supplying less, causing widespread food shortages.
Cedric M

Nutella Tax on palm oil doesn't go down well with manufacturers, consumers - 0 views

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    The article is about France wanting to increase the tax on palm oil by 400% and palm oil makes up 20% of the ingredients used in nutella. Nutella is Europe's favourite breakfast chocolate and hazelnut spread. The article states that the reason for the tax increase is because its link to health concerns leading to obesity as well as causing severe damage to the environment.
anonymous

India price control over medecine - 0 views

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    This article is really interesting as it really gives you a sense on why a government would put in place a maximum price. The Indian government has decided to "put a cap " on the price of pharmaceutical drugs, such as AIDS drugs or similar things.
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