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Annabelle b

Belarus puts restrictions on foreign internet sites - 0 views

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    This article discusses how there is a new law in Belarus that restricts the citizens of public use of foreign websites. "That would make it illegal for firms like Amazon or eBay to sell goods to customers in Belarus." This shows how the citizens in Belarus don't get the same opportunities to purchase things online as everyone else does around the world. The government is restricting public access of purchasing goods for the citizens of Belarus. Breaking the law has consequences "Fines for breaking the law range as high as 1m Belarus rubles ($120)."
Stephen b

E-cigarettes appeal to those who want to kick the habit - 0 views

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    For the past century or so, cigarettes have been an inelastic product. Due to their addictive properties, changes in the price have had a minimal effect on market demand, allowing tobacco companies to rake in boat loads of cash. In the early 1900s, big tobacco hit its peak in sales with the ability to advertise in color and through whole new mediums (newspaper, radio, TV, etc.) It was at this time that the American public and many other nations, although I don't which, started to recognize the dangers of smoking and the government begin creating restrictions. Though cigarrettes now have prices that fluctuate like gas, can't have ads on radio or television, and can't be sold to minors, consumer demand has still remained for them because of how powerful the addictive effects of nicotine are on the human brain. However, now there is an alternative to conventional smoking which replaces deadly secondhand smoke with clean water vapor. E-cigarettes are a trend that is sure to build demand and will cigarettes and cigars as elastic as a rubber band.
Elias S

Europe fears 'uncontrolled protectionism' as emerging markets turn against free trade - 0 views

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     Too much protectionism is not good as well as no protectionism, it will ruin the free trade in the world. 
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    This article looks at the European Commission, an organization that has warned of a slide towards "blatant and uncontrolled protectionism" across the globe as emerging markets from several countries are starting to defend themselves, warning that abuses by countries like Russia, Brazil, Indonesia, China and other key states could pose a growing threat to global recovery. The EU trading body has said "154 new tariffs and restrictive measures have been pushed through over the past year while "virtually none" has been abolished"
Stephen b

India, Pakistan asked to remove barriers - 1 views

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    KARACHI: The trade potential between India and Pakistan is estimated to be around $20 billion against the current around $3bn, according to a working paper published by ICRIER. However, non-trade barriers (NTBs) and bureaucratic hurdles continue to impede growth in the bilateral trade. Here we see the restrictions of trade between India and Pakistan are causing problems and both countries want to work out an agreement to end such unnecessary barriers. Estimates say that $20 billlion in trade could be made between the two nations, more than 6 times the current amount. What's help up the removal of trade blockages is the need to agree on goods and service regulations, especially in textiles and banking.
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