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anonymous

Economic development added to General Plan - 0 views

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    The Lompoc City Council and Planning Commission has had a "discussion about adding an economic development element to the city's 2030 General Plan."
Adil R

Oil market equilibrium fragile, says think tank - UPI.com - 0 views

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    This article talks about the Oil equilibrium and it relates it to supply, demand, opportunity cost and other external factors that affect the equilibrium. It talks about Europe's demand is "dead" and it points out the fact that they are looking at alternatives than fuel. it talks of how the demand for oil is decreasing as alternate ways are being used to generate heat and power but oil is still vital as a source of fuel. Only 2% of global fuel liquid supply is comprised of biofuels and the rest relies on oil. other factors discussed include geopolitics.
Xinmian H

One Bad Energy Subsidy Expires - NYTimes.com - 0 views

  • The 45-cent-per-gallon tax credit for oil companies to blend ethanol into gasoline cost taxpayers $5 billion to $6 billion a year,
  • It boosted corn prices and increased food prices generally by encouraging farmers to replace other crops with corn.
  • deepening the budget deficit.
  • ...3 more annotations...
  • corn ethanol generated more carbon dioxide than gasoline
  • ending the subsidies would
  • have no effect on gas prices for consumers and only a trivial effect on industry profits,
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    The Congress is preparing to cancel subsidy for corn ethanol and the tax break for oil companies. The tax credit deepened the budget deficit. It also raised corn price and food price as farmers started to replace other crops with corn. However the House of Representatives won't pass any law that would end the subsidy because their paymasters want the subsidy to keep the demand up.
Christopher P

Basic Education Is a 'Public Need' and 'Public Good' and Should Be Free - 0 views

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    This article discusses the upcoming general election in Ghana and one specific policy at stake: the government funding of education. Much debate has occurred over this idea, and one policy, Senior High School (SHS), aims to immediately begin funding of Senior High School education, while another will hold off government funding until the year 2032. The writer of this article expresses his belief that public education is a public good and therefore the government has the responsibility to provide it free of charge. The sooner public education is provided to children, the sooner the society will develop and become more equal as a result.
Paul J

Food Prices and Supply News - The New York Times - 0 views

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    This article is a great demonstration of the many factors that can cause supply to fluctuate; hence, causing the pricing of the goods fluctuate as well. In the article we can see something that a few of the students in the class that are also from Indiana can relate to quite a bit, this being the massive effect that droughts can have on the economy and supply of products in general. 
Nehir D

Public Goods and why we need them - 0 views

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    The article is talking about the changes in Public goods in different generations.The writer is comparing privatisation and public goods and services.These days, however, the distinction between 'public' and 'private' has become blurred.In Britain, for example, the railways were privatised and an 'internal market' was created within the National Health Service on the grounds that this improved the efficiency of service delivery for 'customers'. There are some circumstances in which it is sensible to privatise, there are many good reasons why wholesale privatisation should be shunned.
Nehir D

The unemployment puzzle - 0 views

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    The article is a really interesting article that explains an interesting fact about how the employment level change in developing and developed nations. It is interesting that in developed nations the unemployment level is more than developing nations. It should be the opposite because developed nations are developed in every way but developing countries are not fully developed yet they still have a lot of improvements they have to achieve as a country politically and especially economically. The average unemployment rate in OECD countries was 6.7%. During the nineties, the average unemployment rate was 7.7% in UK, 9.3% in Canada, 11.7% in Finland and 11.3% in Ireland.The countries such as UK, Finland and Ireland has lower employment rates when you compare with India which was 6-7%. But if developing countries have close to full employment why do they have greater economic misery and lower GDPs you may ask? The answer to this puzzle of full employment, yet low GDP and greater economic misery, is not quite straightforward. In developing countries is that most of them have few programmes to provide relief to the unemployed. the people in developing countries do not have the luxury to remain unemployed.They take whatever jobs they get. Most European countries are welfare states with generous unemployment insurance programmes. During recession, many people in European countries do not find it worthwhile to work at minimum wage. They accept jobs that pay less or they accept jobs in the informal market, with lower or no benefits and little protection.
Christopher P

Falling inflation and high unemployment puts pressure on European Central Bank to cut r... - 0 views

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    This article discusses the common trade-off between unemployment and inflation. In Europe, the Central Bank is expected to lower interest rates, a monetary policy strategy, in order to aid with the current issue of low inflation and high unemployment. Decreasing interest rates has the general effect of increasing Aggregate Demand in an economy, and according to the relationship between these two aspects of macroeconomics this increase is likely to increase inflation while also reduce unemployment as real output increases.
anonymous

View from the bridge - 0 views

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    This article from the economist is actually very interesting, it explains that cargo ships are being redesigned to be able to carry more cargo containers but at the same time burn less fuel or at least the same amount. This means that the ships will spend less time docking as they wont have to make as many trips back in forth. This in return generates more profit and total revenue.
anonymous

Big brother and the oil company - 0 views

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    I really enjoyed this article, though it may be a little to subjective at times. However it still arises a great point, this article goes in depth about how the U.S. government has been giving out subsidies to big oil companies. This article also gives a little history and historical background on the topic dating back to when hugo chavez took power in south america. All in all it is a great article.
Elnara H

Study highlights food price 'elasticity' - 0 views

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    The article is about in which countries what type of products are more elastic and inelastic. For example, milk bread has inelastic demand because even though the prices change people will still buy them to survive. Otherwise, meat, chicken has inelastic demand because people might not afford the prices if they change. Especially USA, Japan, Canada has the most inelastic demand for milk, bread and vegetables when you compare them with other nations.
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    In this article we can read about price and demand elasticity of food, it's written that demand for some product such as milk, bread, fresh fruit and vegetables is not elastic, because these product are part of diet food so that's why the change in price won't affect demand very much. However other it can affect the demand of some other that not suits to diet food very much.
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.
Nehir D

Partnership Will Help Kenyan Health Facilities Buy Equipment Read more: http://iipdigi... - 0 views

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    Nairobi, Kenya - A new partnership among Kenya Commercial Bank (KCB), the U.S. Agency for International Development (USAID) and General Electric Company (GE) will make $10 million in local financing available to small and medium enterprises in Kenya to develop private health facilities such as small clinics, diagnostic centers and hospitals."This first-of-its-kind transaction was designed in response to the lack of local credit for health facilities in Kenya to purchase much-needed medical and diagnostic imaging equipment. The risk-sharing agreement with USAID will allow KCB to take additional lending risks for clients in the health sector seeking to purchase GE equipment," USAID said in a January 28 press release.
anonymous

The new American tariff - 0 views

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    This article is attempting to argue that american tariffs are in fact necessary and improve the global trade, and american exports in general.
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