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Adil R

Higher income, lower wealth: how the GFC made Australia more equal - 0 views

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    This topic is related to this week's study of equity in the distribution of income. The country this article revolves around is Australia but explains and shows us, graphically how the income has changed and how distribution has changed through the years.
Adil R

Price control mechanism being evolved ahead of Ramadan - Khaleej Times - 0 views

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    This article is related to the holy month of ramadan. In the holt month or Ramadan, a lot of households do indeed cook more than they need and distribute the excess food to poor people. therefore this increase in demand may cause companies to hike the prices of essential food items such as vegetables so the UAE government is looking to create a mechanism for controlling the prices of essential foods, by probably placing a maximum price
Jacques DP

Fuel Scarcity in Lagos, Nigeria - 0 views

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    This article looks at two conflicting viewpoints on why there is a fuel scarcity. The Group General manager of the NNPC (a nigerian petroleum company) said that "We have sufficient products, but we are having distribution challenges in getting the product to other states and to the final destination of selling." Another company, NUPENG attributed the scarcity of fuel to the lack of resources. It has also been confirmed that Nigeria can't import fuel due to huge government debt.
Christopher P

Household Incomes Remain Flat Despite Improving Economy - 0 views

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    A new report from the Census Bureau shows that despite signs that the economy is improving in the United States, including dropping unemployment and increasing economic growth, the distribution of income in the country remains the same. Gains have been made for the top 5% of earners yet many others remain reliant on government aid. This brings up an important issue regarding what economic growth actually means for the people of a country. Although the economy may be expanding, the standard of living for struggling families may not be improving.
anonymous

Melting Himalayas may magnify water scarcity - 2 views

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    Recent data published in a report shows how increasing climate change over the next several years will affect the melting of glaciers in the Himilayas. It is estimated that, at the current rate of change, by the year 2035 the glaciers will have disappeared entirely. This could worsen an already serious problem of water scarcity in the area, where a lack of drinking water and the means necessary to distribute what little water is present cannot meet the demands of local inhabitants; over 1.5 billion of them.
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    I think people understand the issue of glaciers, but they don't understand how important it is to act. People don't often think of glaciers as a source of water, but melting glaciers really does affect the amount of potential drinking water especially for inhabitants around the Himilayas.
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    I agree with Landon. Everyone acknowledges that melting glaciers are a big problem, but no one fully understands what the potential consequences are. For me, it's hard to take action because the problem seems so far away.
anonymous

The false belief that income inequality can't be fixed - 0 views

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    This article states that "the federal government [of the United States] redistributes less income than it used to." It also states that there are "a variety of indirect ways" to redistribute income, an example of which is minimum wage.
Yusuf L

Who Wants to Be a Russian Billionaire? - Emerging Europe Real Time - WSJ - 0 views

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    describes russias huge disparity in wealth
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