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This article discusses how The White House wanted to make its policy on price controls clear to Republicans in Congress, some of whom have been agitating for price controls. The president told Republican House deputy whips last week he would oppose all price controls, but the White House wanted to hit the message even harder.

the article is talking about how ex-president Bush decided not to control the price of energy, although the white house wanted to control energy prices.

Well, the Saudis are going green, and GE's heading the project. Not only does this show the greater demand across the world for cleaner energy and better health coverage, but this is also a big PR move for GE. There's a lot of politics that go into selling your product, constantly trying to make as many people as possible feel like you're on their side, like you agree with them. Whether it's for the sake of increasing profits or if GE really does care we may never know, but a decision like this helps brand loyalty and will bring in more customers than it loses.

"Japan's trade deficit nearly doubled on-year to a bigger-than-expected $10.9 billion in October as the country's energy bill soared... " Japan's trade deficit was the biggest in the last 44 years and entered a 16-month trade deficit run. The reason behind this is because of the transfer from energy sources. Until 2010, Japan was the first in using nuclear energy in the world. When the accident in Fukushima happened, Japan had to start using fossil fuels and started importing it increasing their trade deficit.

This article addresses the point of how politicians play a very important role in the model of circular flow of income model. They represent government sector in it and banning the use of lights under certain conditions conferred by the decree of French government is a way how to shrink leakages which belong to government spending and to move national economy more towards equilibrium where leakages equal to injections.

This article is about how energy regulator Ofgem warns about how there will be energy shortages by 2015 unless the market can be reformed to reach an equilibrium.

The article focuses on the trade relations between Germany and Pakistan. The amount of trade articles has risen from last years 2.32 billion to 2.89 billion dollars. The relations in between these two countries has grown every since the Pakistani ban for importing items because of the mad cow disease (about 10 years ago). Luckily, the ban and the disease blew away and the situation is under control. Germany and Pakistan are working toward a bilateral agreement of trade and looking forward to new investment in the future.

This article talks about the trade deficit in Japan due to imports of smartphones, the recent earthquake and the consequences of nuclear energy. The trade deficit happened due to numerous numbers of imports against exports. Since Japan's nuclear energy accident, Japan switched to thermal generators and needed/still need to import fossil fuels, which is taking a big part in the trade deficit. In addition, the gadget industry is focusing on smart phones, and this is causing the massive imports of iPhone's and Android's to Japan impacting the market and the people. Also, after the earthquake of 2010, there has been a recover, but not to the level Japan needs to overcome the trade deficit.

This article presents the increases in gas prices that are upsetting consumers all over the world. There is an "unconventional gas" boom going on ,which is affecting the market and supplies for gas in the States. The issues are global, though, and conserns politicians if this rise in price keeps up.

Consumer prices rose 2.8 percent from a year earlier, compared with 2.7 percent in January, the Office for National Statistics said in London today. The two major reasons for persistent increase in average price level are higher energy bills and a weaker pound. Housing, water, electricity and gas added 0.11 percentage point to annual inflation in February - the biggest upward impact. Investor confidence unexpectedly rose to a three-year high of 48.5 in March from 48.2 in February, which means higher aggregate demand and demand-pull inflation.

This article is essentially connected to aggregate demand (investments), but the following part can be perfectly analyzed with the this week's topic, aggregate supply: "The investment will also help U.K. energy security by reducing hydrocarbon imports at a time of higher international oil and gas prices. "Too often we've been seen as part of the problem, rather than part of the solution because production output had fallen. But we're stopping the decline and increasing output and that will have a more positive impact on the U.K. economy," Mr. Tholen told The Wall Street Journal. The higher investment in new projects and redevelopment of older fields will help bring another 500,000 barrels of oil equivalent a day onstream by 2017, taking output up to around 2 million barrels of oil and gas a day by 2017 or earlier. The higher investment in new projects and redevelopment of older fields will help bring another 500,000 barrels of oil equivalent a day onstream by 2017, taking output up to around 2 million barrels of oil and gas a day by 2017 or earlier." High international oil and gas prices mean higher average costs of production - change in the costs of raw materials, because oil and gas are widely used in most production processes. This is the reason for the shift of the SRAS inwards. However, higher price level means that the oil production and oil-transforming industries will increase their output. This is also great for the sake of price of imports, which are relatively too high, allowing domestic industries to decrease their average costs of production, meaning that SRAS will increase. So we should consider effects of both aspects and add them up in order to get a real picture (overall effect of current oil and gas prices). Investments are shifting the LRAS curve to the right, because there are likely to be improvements in the quality of the factors of production (technological advancements, discovery of new resources and re-establishing the past (oil) fields,

This article demonstrates demand well, simply because it shows how the demand for a certain product is growing and companies in Russia are racing to have the better product on the market. "Cost, reliability, service contracts, after-sales support, and customer relationships will be key competitive factors," concluded Tohani.

This article talks about the increase in price of oil and the increase in demand for oil. Analysts said that the price of oil would increase as time goes and suppliers are trying to meet the demands of people. The cost of one barrel of North Sea Brent has increased and made a new record in both euro and pounds. 'Many analysts say the broader trend is that prices will continue to rise because of risks to oil supplies'. Oil supplies were slowed down in the late 1970's and early 1980's because of the war between Iran and Iraq. During global consumption, oil would increase in price by about 1.3 million barrels a day said by the U.S. Energy Information Administration. However, supply will fall by about 310,000 barrels a day.

Venezuela has joined Mercosur, six years after first applying to join the South American trading bloc. This article showcases features of economic integration, in this case customs union, which is a free trade area where members establish a common tariff and agree to other trade policies with non-member countries. Well, this article is particularly valuable also because it gives you that well-known sense of economic reality as a genuinely different economic world than that described in the economic theory. Countries cluster together for a mutual advantage, however, as opposed to comparative advantage concept and other highly cherished theoretical reasons, it always comes down to natural resources as vital sources of geopolitical influence, for instance oil, which is abundant in Venezuela. This can reasonably be inferred from the following quote: "Brazil said Mercosur was "also positioning itself as a global energy power in renewable and non-renewable resources". In the end, the disadvantages of economic integration are given, highlighting the fact that in economics there are perpetual advantages as well as disadvantages (influx of cheap agricultural products, little influence in decision-making processes). But then again, the disadvantages have to be explained within advantages in order to grasp the holistic situation (e.g. influx of cheap agricultural products forces Venezuelan farmers to cut down on their costs and improve on efficiency).