Group items tagged

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

This article is interesting as it reveals some extremely negative aspects of not having the motivation to find a new job due to strong unemployment benefits. This is interesting because it mixes economics with the behavior of humans, making for an interesting explanation.

This article states that the aggregate demand has been expanding at a steady pace, and this has resulted to an expansion of manufacturing as well. Because the "growth in orders and sales show manufacturing is on the mend," we can see that demand is rising because companies usually buy inventory in line with demand.

The article is talking about the strengthening housing recovery and robust auto sales contributed to moderate growth across the United States.Employers added only 88,000 jobs in March, a sharp slowdown from average gains of 220,000 in November through February. And consumers cut back on their spending at retail stores and restaurants last month, a sign that higher Social Security taxes have made more Americans cautious about spending.Debate was about Fed policymakers about when to rein in the bond-buying program, which began last fall.The Fed is expected to stick with plans to keep short-term interest rates at record lows at least until unemployment falls to 6.5 percent. And it will likely continue purchasing $85 billion a month in Treasury and mortgage bonds to lower long-term rates and encouraging more borrowing.

I remember stumbling upon this article a couple of months ago and now i realise its relevance. The UAE is investing $5bn to Russia to improve its infrastructure which will not only benefit Russia and its citizens, but also leads to remittances back into UAE. This also leads to economic growth in every aspect for Russia, so it is mutually beneficial.

This article illustrates the relationship between the pound and the Australian dollar, as well as the pound and the New Zealand dollar. The article states that "the Pound to Australian Dollar median forecast is for 1.8300 GBP/AUD in 8 months" and the latter exchange rate is "predicted to reach 2.1200 GBP/NZD in 8 months."

According to the Commerce Department, consumer sales have risen 1.1% in February, the largest increase in 5 months. The good news calmed fears that the recent expiration of the payroll tax cut would reduce the willingness of consumers to purchase goods. Consumer spending makes up 2/3 of the macroeconomy and it therefore always a reliable gauge of the current status of the national economy.

This article reveals that as the cost of remaining Czech inflation rate in a low range, the consumer demand is weak and unemployment rise up. This article proved the trade-off relationship between inflation and unemployment.

Inflation in Africa's largest oil producer eased to 8.6 percent from 9.5 percent in February, the Abuja-based National Bureau of Statistics said today in an e-mailed report. The median estimate of 10 economists surveyed by Bloomberg News was 9 percent. Prices rose 0.7 percent in the month.

Unemployment benefits will fall by 13% for those "who have been unemployed for at least six months." This cut on unemployment benefits will affect 45,000 Massachusetts residents and 2 million people nationwide.

The prices of electricity and power has risen a lot the past few months in Bulgaria. The price increase from last summer was about 14%. People are complaining but they have no choice but the pay the bills. Even though there are three electricity companies, they are specified for each region. These were considered "regional monopolies."

interesting article from the economist that summarizes a fairly recent "monopoly-like" event. This article is the perfect example of monopolies in the real world, according to the article a bulgarian electrical company had been raising the prices on their own terms because they had a monopoly on the market. This will also be done in the future in the case of water. I also read somewhere else that france and britain own together all of the worlds fresh water so we can see that eventually monopolies will spawn everywhere

Fans of Monopoly have voted to replace the iron with a cat-shaped playing piece in the popular board game. Following a month-long online poll, toy maker Hasbro said the feline design had beaten competition from a robot, helicopter, diamond ring and a guitar.The cat token received 31% of the total vote

South Korea's terms of trades have increased for the 9th straight month. It has increased 2.7% since last year. Imports have declined faster than exports, which is why the terms of trade have increased.

Statistics New Zealand is reporting that the Terms of Trade of the country are the highest that they have been in 40 years. The improvement is due largely to the prices of dairy exports, which have risen sharply in recent months. The TOT of merchandise have risen by 7.5 percent, driving the them to their highest since 1973. At the same time, the unemployment rate has been steadily decreasing and surveys show that consumer and business confidence is increasing.

This article is about the rise in the currency value of the bitcoin. It is expected to "quadruple in just three months."