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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.

This article is about how to fix the growing poverty gap. It emphasizes in particular how demand causes poverty. There is little demand for people with minimal education in the job world, but a high demand for people with education. This contributes to the poverty cycle, as people with no education are unable to better themselves.

The article is talking about India's exports which are expected to grow by 7.2 per cent in 2014 fiscal on the back of improvement in growth of developed markets, says a report by Morgan Stanley Research. "We expect export growth of 7.2 per cent in fiscal year 2014 versus minus one per cent in fiscal 2013," it said in a report on Asia Pacific Economics.Morgan Stanley Research expects a gradual sequential recovery in India's exports on the back of improvement in developed markets growth from the third.

In theory perfect competition hinders innovation. As small firms produce homogeneous products for the same price the motivation for innovation decreases. However, a society needs innovation. It is through innovation that businesses grow and better the future. For example, the creation of the internet, cars, and electricity. When a market has its firms create similar products at the same price , firms will be less likely to innovate products.

This website is very interesting on not just a world scale, because most people have already heard of the food problems in the world, but as well on a local scale. Meaning the article talks about how the average human is contributing to this growing problem.

This article does a really good job at capturing the chain effect of changes in the world. An example is how they talk about how water shortage affects food shortages. People tend to overlook how much one disaster can cause many others.

I agree full heartedly with what Landon has said, as well as what you have said Miro, in regards to the chain affect of changes as well as the fact that understanding problems on a local scale is important. I know that we in Indiana have really been hit hard by drought this year, and we have seen first-hand how the lack of rainfall hurts everyone. The chain reaction of sorts begins with the farmers, who had a horrible growing season in Indy this year, and thus they passed on the cost to the consumer. We are having to pay noticeably more for all grown products this year, and it really is a testament to the harsh reality that is the chain affect that Landon mentioned, as well as a wake up call to all of us here that economic problems exist everywhere, and just because we live in a well developed place doesn't mean we are safe from them.

The article talks about that china is saying that the yuan is now in equillibrium with the US dollars. They are implimenting that since their state of economy is getting better, they are as good as the USA.

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Bank of America Merrill Lynch expects Taiwan's GDP growth to be 2.9 percent this year. This is higher than the 1.26 percent recorded last year, but lower than forecasts of between 3.5 percent and 4.23 percent by other institutes.

This article talks about the concern of food supply to China and the rest of the world. Lester Brown claimed that food production was not growing fast enough to feed China's increasing population, which could result in rising food prices in China and the rest of the world.

A shortfall in overall demand for products may cause our economy from growing and strengthening. As a result, the recession from all around the world is only deepening and worsening. Unemployment is at an all-time high and thus people do not have money to purchase products. This results in a shortfall in demand and a drop in aggregated demand.

This article takes about the Reserve Bank has turned to a growth. The author explains how the aggregated demand (even not visible) isn't the main factor.

This article is fairly recent and introduced me to another way of measuring economic growth in industries. the IIP stands for the Index for Industrial Production and it is discussed in the article that this value has corresponded to what has been expected, a negative number that is close to zero. This however is because there are many factors that are affecting aggregate supply, such as wage price inflation and the increase in land, a factor of production. However the author doesnt seem to be too worried about aggregate supply, rather He is worried that aggregate demand is on its way down.

This article talks about an increase in wages in India and that land prices is a key factor in wage changes. Also they are talking about a reserve bank, how it turned to grow and essential role of aggregate demand in it operating.

The article is talking about India is projected to grow by 6 per cent in the current fiscal while growth is expected to be steady in most of the Asia Pacific economies.It, however, cautioned that a weaker global risk appetite and a poor monsoon would pull down growth to around 5 per cent in 2013-14 fiscal. In India, poor monsoon seasons would pull growth down to around 5 per cent in 2013 and would reach 6.5 per cent.India's growth forecast has been lowered to 6 per cent in 2013 and 6.7 per cent in 2014 on weaker consumption and exports.

This article is all about food security, which may be at risk due to growing populations in many Asian countries.

Apple is still one of the strong players in the race with Samsung and Google, but lately their profit didn't meet the expected. Their revenue was $41 billion to $43 billion, but they were expected to reach $45 billion. Meanwhile, Android is still growing rapidly.

This article shows how the demand for bought food has lowered as the price rose. People can no longer readily afford food and so they have tried to grow their own. This article shows some people in Singapore who have created a mini greenhouse in their city.

This article talks about the agricultural decline in Uganda. Uganda's economy's backbone is their agricultural sector, but the production has gone downhill for multiple reasons. The rise in population is a major reason. Since they gained their independence, Uganda has gone from 6 million to 35 million and farmers are unable to keep up with the rise. A big reason why they aren't able to keep up is because the youth is more interested in non-agricultural jobs. This makes food more scarce and due to Uganda's heavy reliance on agriculture, the economy has descended continuously. 

Do you think that there is a solution to this problem? To me, the agricultural decline in Uganda seems unlikely to resolve. The land available for farming is not enough for the growing population, not to mention the lack of future farmers.

Newly harvested beans in Lagos are being destroyed by floods and bombs. This has led to an increase in the prices of beans, almost reaching a 300% hike. This scarcity has forced the public to look for other sources of food such as rice and plantain.

This article examines the impact of scarcity on not only farmers but also the sellers of the bean. Due to the unfortunate drought, the been has become a scarce resource which lead to the hike in price. Farmers are finding it hard to grow this bean and meet the demand. the consumer is looking for alternatives such as rice and plantain however the seller seems to be the most affected. He had to "beg" and is now facing financial difficulties as he relied on the sale of the beans

Thousands Protest: This sub article talks about the high demand of water, these farmers are so poor and the only wealth they have is the water from these river streams which help them grow crops. With plans to build new coal power plants, these farmers are fearing the scarcity of water.

This article is about the demand for mobile apps. Mobile apps are commonly inexpensive or free and very useful. Matt Greenwell is an app developer and when he started working there were he had 50 colleagues and nowadays there are 300. He says this change occurred in the last year and a half. Apps are cheap and the demand for them when they cost $0 is high, some of them can even be bought for $0. This is what made the market for Apps grow at an exponential rate.

The gap between imports and exports in Pakistan is spurring the need for import substitution within Pakistan. However, their food industry is growing and that is expanding Pakistan's global reach.

This article discusses how the Pakistan economy needs import substation in order to decrease the trade deficit it is experiencing.