Although new jobs are created, there is no improvement on the unemployment rate, which remains at 5.4%. However this is a sign of economic improvement in Australia. And the 71,500 are just a start, more jobs were planed for February (9000). In 2011 Economists have predicted a resource boom, due to the monetary policy by the governor Glenn Steves. The bank has tried to boost certain sectors in the economy, however he kept the interest rates at 3%. That might cut into the current boom and slow it down. The main concern is on the value of the Australian dollar.

WASHINGTON - Airlines and airports across the country are preparing for across-the-board federal budget cuts due to hit next week as if they were a hurricane, although with even less certainty about how many flights they will have to cancel and how many passengers will be stranded.

The article talks about the recent recovery of american jobs. There is a annual real GDP growth of 2.2% to 3.0% by 2013. Also the unemployment rate will decrease from 9.3% to 6.9% by 2013. America is slowly recovering.

This article elaborates on the fact that Burma is in dept and it's been not recognized for loans. Burma is on of the poorest countries in Asia and it suffers highly under the it.

The article describes the steps taken and possible solutions to the over-fishing in the oceans near Chile. Scientists work together with the fishers to find possible solutions. Also new fishing-laws have been set up after 17-years of dictatorship (now democracy).

I bumped into this article as I was searching for negative externalities.The article describes negative externalities as general and in terms of oil spilling. As for that it also described the environmental issues and gaves examples from the Gulf of Mexico.

The oil company ExxonMobil announced profits of 36 biollion us dollars, however according to the tax foundation the government had a income on this by 54 billion.

This article describes the change in oil prices on the population. The article states that the supply of oil is becomming less elastic and therefore there is a increase in price. The way to win oil becomes harder, because deeper holes have to be made to extract it from the earth. The article furthermore looks into changes from an economical point of view. It looks at examples of what can be changed and where changes have been made.

China hits 96% of its output target. It blames rains for the slight miss of 4%. Also mines have been flooded which decreased the supply by a bit.

China is the biggest steel producer in the world. However the demand for steel decreases and therefore the price decreased by 25%.

This article talks about the protests of China against the Japanese goods. It states that both countries are economically independet, however China adores Japanese brands. It all started out with Japan having their factories in China, since theres a lower production cost. Now that China protests it will move the firms into other countries, such as Thailand.