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(The number of the affected...) NEW DELHI: Water scarcity will worsen across the world, and particularly in countries like India, as a result of unchecked climate change. Some 500 million people could be subject to increased water scarcity - even if global temperature increase is limited to 2 degrees Celsius above preindustrial levels.

(The number of the affected...) NEW DELHI: Water scarcity will worsen across the world, and particularly in countries like India, as a result of unchecked climate change. Some 500 million people could be subject to increased water scarcity - even if global temperature increase is limited to 2 degrees Celsius above preindustrial levels.

This article relates to our topic because as we can see scarcity of water is everywhere, and not just in India. Being from India I thought it was interesting how this topic could relate to India. The article also states that more demand there is the more scarce water is going to be. One of the major factors in that would be population growth. I think that is important in water scarcity.

The article relates to opportunity cost and how each choice holds a negative and positive trait. In the article they spoke of soft money (paper money) and the use of species (such as gold and silver). The positive effects of soft money is that it is cheap to produce and doesn't require much material. However. The issue with soft money is that since it's so inexpensive people believe that it will cause inflation to soar. Species are valued because they are hard to find and require a lot of labor to get (more money). Taking a lot of time to retrieve and to mold into coins takes up more energy. A new idea that came to mind is digital currency. Depending on how it is used it can become a great asset or a hindrance. Overall, there are many opportunity costs all holding good and bad qualities, but the greatest is the one that benefits us overall.

This article speaks about the increase in demand for oranges because weather conditions have damaged the harvest of other fruit, such as apples and bananas. These weather conditions have caused the fruits to increase in price because of the lack of supply available. As a result oranges became the number one choice because of its lower price, so people were able to get more for their money. However, the wealth of the company producing the oranges hasn't been shared with the people due to the cost of transportation. They will see if these result will change depending on the next harvest.

Singapore is a robust economy with a sound political system and yet very fragile as it is very dependant upon global forces of wind. Politics in Singapore is almost like Board of Directors of Singapore Inc. The Scarcity of land, combined with high cost of living and ageing population & increasing the healthcare costs are real issues facing our country. The Economy is faced with tough global pressures, cheaper hubs of production in the neighbourhood. Singapore has to reinvent every few years. Value addition was the key in the past few years but now that is not enough. Value creation in the economy is the new need and our politicians know that and doing their best to drive strategic initatives to set up Innovation and Research hubs and also trying to become Startup Capital of the East.

This article discusses the sugar market in the U.S. On average, U.S. consumers pay twice as much for refined sugar as the rest of the world. This is largely due to sugar policies in the United States. In America, the federal government offers loans to sugar cane and beet processors who are to pay sugar growers a minimum price set by the USDA. The idea is that processors will obtain a market price for their sugar that is sufficient to pay back the loans. However, the loans are "non-recourse," meaning that if the market price of sugar declines, processors can forfeit to the USDA the sugar they put up as collateral. In order to prevent sugar processors from offloading sugar onto the USDA and to protect processors from lower-cost foreign competition, the federal government has imposed a two tier system of tariff rate quotas. It also restricts the total amount of sugar that domestic processors can sell by setting market allotments which are designed to drive up the price by creating artificial scarcity.