Japan's exports have been rising at an extremely fast rate for the last 3 years although the trade balance seems to remain mired with the Japanese imports expected to increase due to the shuttering of its nuclear power industry.

There have been predictions of the Euro increasing by a .9% over the next year which are thought to potentially affect unemployment rates especially in Spain. Also, higher currency values are being linked to higher export prices from the European region. Even though export prices are higher, economists predict they will "keep growing despite the stronger currency"

This article talks about the new warning Russia has sent to Ukraine saying that moscow could implement protectionist barriers if its former soviet ally joins a free trade pact with the EU. Russia has sent the warning because they are allegedly worried it will be "flooded" with European goods if Ukraine joins the pact.

Norway has imposed a new set of laws which require at least 40% of Plc. board members to be women in order for the firm to be for professionally and globally focused.

economists thought higher taxes and government spendings were going to delay economic growth in the first quarter of the year, but economic data has so far proven them wrong.

US economies are still growing after thee great recession and according to economists the US should see an increase in economic growth by 2014. It is also mentioned that unemployment rate will continue to decline as economic growth becomes faster.

the article talks about the warning Chinese bank is giving to the country on inflation. China is on "high alert" because of a reported jump in inflation of a 3.2%. China must really pay attention to inflation this time because as Mr. Zhou said in the past some economists thought that a high inflation was no big deal and they could control it after the economic growth but international experience show that it might not be correct.

This article is talking about American economy, how the government is promising to make different changes to for example "respond to climate change". More than 8/10 americans think that washington should be paying more atttention to the local issues (jobs) than issues overseas.

The article talks about how an oil platform in the Gulf of Mexico exploded and caused 11 injuries and 2 people missing. This is an expample of a negative externality, because now the company will have to pay for any health treatment the workers will have to take, and they will also have to use their time trying to find the 2 people missing. The company will lose money.

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.

according to the article, increasing excise taxes, encouraging smoke-free public places,and reducing salt and trans fat in food might help decrease deaths from noninfectious diseases. It would make sense because, if excise taxes are imposed, demand will slightly fall. Also if smoke-free places are encouraged, non-smokers will not have to be exposed to smoke all the time.

the article talks about a change in the income tax paid by the highest bracket of the English economy; this means that all the money earned above £130,000 will have to pay 50p per pound (50%) rather than 40p per pound. Economists predict that the income change will not have any effect on the earnings as the income elasticity of the bracket of economy is 0.46.

Gas being an inelastic product, has a small change in demand if the price is increased. It was a good time to increase the price of oil because "The improvement in the nation's economic health has increased demand for oil" so there would be an increase in revenue if the price was increased.

Gas prices increased in California about 0.39 cents between September 21 and October 7. To decrease prices Gov. Jerry brown ordered to make an early transition to winter-blend gasoline which evaporates more quickly. This move could increase supply by as much as 10% said Gov. Brown.

the article is showing that the cheapest car in the market is sold for $8000 and nissan is now introducing a $3000 model. This is dangerous for the other car because it might take away many consumers. this article shows how the price of the car is lowered.

I chose the article because it was talking about how Syria was giving a $25-million reward for the capture of the president. I thought it related to scarcity because, now a days, money is very important for a person to sustain life, and if they wanted to capture the president the best way was giving a lot of money so people would do it as fast as possible. If people have an opportunity to get a lot of money, they will take it. Money is a limited resource; it is scarce and it will always be. If the government decided to print more money, then every time we would have more money to spend and everything would be more expensive.