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tiffanytrinh

Economic Activity Slows in Eurozone, Survey Shows - 1 views

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    Manufacturing in Germany is slowing down while economic activities for France is also at a low. Although output has been "increasing modestly", the manufacturing and service sectors are "showing strains." The economic slowdown in Germany would not only affect the country itself, but also the other countries in the eurozone. The United States and Japan has also been briefly mentioned in this article on how they are doing in the economic growth. Things do not seem to be going too well for Japan, and although the U.S seems to be doing well, they cannot "carry the global economy on its own"
aostrowski1

UN News - Ban spotlights need for human, economic development in Africa's Great Lakes r... - 0 views

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    This article describes that United Nations Secretary-General Ban Ki-moon is stressing the importance of human and economic development in addressing peace and security challenges in Africa's Great Lakes region, calling for the use of natural resources there as a powerful driver of growth.
svikene

Banks in Azerbaijan Limit Foreign Currency Sales - 4 views

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    The article describes the situation for Azerbaijan, where its currency, manats, have depreciated against the American dollar greatly. The banks have imposed limits to consumption of foreign, in order to limit the imports.
svikene

Washing machines and anti-dumping - 2 views

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    China and South Korea have been accused of dumping washing machines to the US, however, these claims no longer hold as new models are equitably price, but are of higher qualities than the North American home appliance producers'. The article discusses to which extent China and South Korea have been dumping products or whether it is western countries excuse to protect their own markets.
svikene

Indonesia Trade Balance Swings to $50 Million Surplus in January - NASDAQ.com - 0 views

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    This article describes how the Indonesian economy swung from a deficit in balance of payments of $160 to a $50 surplus. The imports of the country fell significantly, resulting in a decrease in deficit of the balance of trade in goods and services, which has been a factor in the swing in balance of payments.
jonathanwiseman

Mozambique is floundering amid corruption and conflict - 0 views

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    Amid growing domestic issues, such as corruption and political instability, Mozambique continues to suffer from a lack of foreign direct investment and economic growth despite promising offshore oil deposits. Highlights domestic factors that influence economic growth and development.
camiellalouisa sehidou

Chinese government looks to tourism to lift consumption - 1 views

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    To battle China's decreasing economy government has decided to increase it's tourism sector hoping the increased revenue can help the economy as well as boost domestic spending. If society itself does not spend how is it expected to generate profit. However in order to make sure tourists know of the new sector they are creating advertisement would have to be paid for or else there could rise the possibility of a market failure that occurs with positive externality of production
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