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Christopher P

Why Subbarao should not reduce interest rates as yet - 0 views

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    This article discusses the options that Reserve Bank of India governor Duvvuri Subbarao faces regarding how to handle the current issue of slow economic growth in the country. The author argues that a lack of aggregate demand is not to blame for the economic issues, so attempting to increase demand through lower interest rates, for example, is not the correct way to go about solving the issue. Instead, he points to fundamental issues in the management of the country's economy that have led to an unstable condition.
anonymous

As supply dwindles, Organic milk gets popular - 0 views

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    This article talks about the organic milk shortages, that farmers can't buy enough food to feed their caws because the price for their food has been increased, as a result they give less nutrition to their caws and get less milk. But demand for organic milk is still high and in the article they will some suggestions how to solve that problem.
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    The demand for organic milk is greater than supply because the production cost of creating organic milk is greater than the revenue. The reason for the shortage is that the cost of organic grain and hay has gone up but the price farmers receive for milk has not. As a result farmers buy less grain and hay which lowers the production of milk. The low supply of organic milk than in turn increases the overall price. The solution for this issue would be to increase the price of income the farmers would receive for their milk. If the solution were applied, the farmers would pay more for organic grain and more milk would be produced and consumers would be satisfied.
Adil R

USAID Sets Ending Extreme Poverty as Top Goal | IIP Digital - 0 views

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    This article talks about eradicating extreme poverty, one of the Millennium Development Goals. Unfortunately, 1.2billion people in the world live in extreme poverty, which is unacceptable. McConnell attributes most of this unfortunate predicament to unstable and fragile political governments, where members of society are continually sieged in turmoil. Although one of the Millennium Goals have been achieved early, elimination of extreme hunger, poverty is still a perpetual and prevalent issue that the USAID plans to rigorously tackle.
Yusuf L

Supply-side solutions are the answer to the housing crisis, says think-tank - 0 views

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    The Adam Smith Institute has stated that "only supply-side reforms which allow increases to the supply of British housing will truly solve the affordability problem and solve the housing crisis." Access to finance was the reason why the housing crisis ensued in the first place.
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    Discusses how housing issues in the UK can be solved by using supply-side policies
Adil R

Mark Carney abandons Thatcher-era supply-side policy - 1 views

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    This is a fairly recent article that talks about supply side policies implemented by the new head of the "Bank of England", Mark Carney. The article mainly discusses their new strides to reach unemployment rates, which heavily involves controlling inflation and interest rates. It is interesting how it talks about how Keynesian supply side policies were not effective post war era because they let inflation spiral out of control. The author believes in Mark Carney's aggressive take on the issue as it plans to control inflation, unemployment and has a contingency plan.
Christopher P

Business leaders must take on challenge at Doha - 0 views

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    This article focuses on the upcoming challenges and goals of the United Nations climate talks in Doha, Qatar. The talks aim to discuss how to remedy global warming that could lead to a planet up to 6 degrees warmer in the future. To do this, carbon emissions must decrease by about 5% each year. Topics at the talks may include current issues of greenhouse gas pollution and deforestation, especially with improvements of the carbon market. Businesses may soon face strong encouragement to accept these proposals, as climate change begins to result in not only impact on society but also private costs of businesses. These externalities, previously external but becoming increasingly internal, may soon force large business leaders to reconsider their impact on the environment.
Nehir D

Rising Beer Prices Hint at Oligopoly - 1 views

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    I also worked on this topic as my part of my IA commentary. This article from the NY times explains the rising power of certain beer companies that have acquired a large amount of the market. This, according to the article, has created a sort of oligopoly. Monopolies and oligopolies are severely watched by the government because they do not want only a few companies to dominate the market. In the article they explain that these oligopolies are testing the presidents tolerance.
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    The article is talking about some giant beer companies that merged together but had some issues with price decisions because the prices were too high for consumers and they were not able to afford the prices. Even though it was hard to agree for each company the high prices encouraged them for competition and the industry got better. On the other hand the rising prices also pushed companies for oligopoly because as they come together pricing strategies, the division of labour would be easier and more effective.
Nehir D

Aggregate supply declining; S.D. may run out in less than 10 years - 0 views

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    The article is talking about with residential and commercial construction activity at a crawl, having enough aggregate might not seem like a major issue. But experts warn it may be a problem once the economy is back at full steam at. The current rate of consumption, the San Diego region will run out of aggregate sand, gravel and crushed stone in about 8 1/2 yearsOne of the problems here is that the county has an extreme shortage of high- quality sand.
Christopher P

The Fed's Bullard thinks inflation is dangerously low - 0 views

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    This article deals with the delicate balance between inflation that is too high or too low. The president of the Federal Reserve Bank in St. Louis, James Bullard, argues that the current inflation rate (1.3%) may be getting dangerously close to reaching deflation. Although the unemployment rate has remained higher than 7%, the inflation rate is well below the comfortable 2% goal kept by the Federal Reserve. If the issue becomes preventing deflation, the "Fed" should instead use policies to increase the money supply rather than adopt "tight" money supplies that slow inflation and economic growth.
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.
Tony L

Attempt to Fix Unemployment - 0 views

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    There will be an Indian Labour Conference on May 18. This debate and meeting will discuss ways to decrease unemployment. They are planning on trying to provide pension and other benefits to all workers. They are hoping that this will be successful in trying to convince people to try to look for jobs.
Tony L

Gas Prices Drop - 0 views

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    This article states that the price of gas will drastically drop by as much as $0.50. Gas companies are predicting that there will be a huge increase in gas consumers when the prices start to drop. This will also be affected a lot by the presidential campaign because gas prices are a huge issue.
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.
Nehir D

World water crisis must be top UN priority: Report - 0 views

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    The article is all about scarcity which is one of the most important problem around the world nowadays. Because of global warning the water resources are less than the previous years if you compare them. Nothing is infinite in the world, all resources are scarce and everybody should take precautions to prevent the rise. The UN is arraying meetings to debate and find ways to save us and our world.
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.
Christopher P

Euro Dollar Currency Prediction: EUR/USD Exchange Rate Could Fall Further Tomorrow - 0 views

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    Due to a combination of factors, the value of the Euro is expected to depreciate relative to the United States Dollar in the next few days. The European Central Bank lowered its base interest rates to their lowest levels in many years due to an issue of stagflation (no growth, high inflation) which is expected to decrease the value of the currency further. Meanwhile, economic growth in the US has exceeded expectations, making it likely that the value of the Euro will fall very again very soon.
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