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Contents contributed and discussions participated by Tasa G

Tasa G

Informal sector lead job creation in Nigeria - 0 views

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    This article talks about the creations in jobs in Nigeria, and how that influenced the initiative for a better future and a better living standard. Also, women are mentioned to having more jobs and more jobs created for them, resulting in a development. Even though this is a big step, there are a lot of sectors that need aid, which do not only include employment.
Tasa G

Germany offers co-op in energy, vocational training - 0 views

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    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.
Tasa G

Ukraine Sees Positive Result at EU Summit on Free-Trade Pact - 0 views

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    This article talks about Ukraine and its joining the EU Free-trade pact or the Ex-Soviet Pact monitored by Russia. When the idea was proposed, Ukraine was considering but two days before the EU Summit in Vilnius, Ukraine declined the offer - ultimately joining the Ex-Soviet Trade Pact. Now, Ukraine has came back to the idea of the EU Free-trade pact, and is again considering while people are protesting on the streets. The view of the people is split. In addition, Ukraine is close to bankruptcy which makes the choosing of the pacts even more important. Russia has money and can help Ukraine, while the EU doesn't have that ability. We shall see the outcome soon.
Tasa G

Japan trade deficit doubles on-year in October - 0 views

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    "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.
Tasa G

Japan's Trade Deficit: Apple Inc.'s (AAPL) iPhone Playing An Increasingly Important Role - 0 views

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    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.
Tasa G

Man buys $27 of bitcoin, forgets about them, finds they're now worth $886k - 1 views

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    This article is about the fluctuation of the bitcoin. A bitcoin is a distributed peer-to-peer digital currency that functions without the intermediation of any central authority, which was created in 2008 to prevent double spending. The bitcoins raised an enormous amount in the last four years. A man by the name of Kristofer Kroch invested about 27$ in 5000 bitcoins in 2009, that in today's rate measure up to 886000$.
Tasa G

Foreign Exchange Controls: Good or Bad for South Africa - 0 views

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    The article was initiated by a series of event regarding a man, Mark Shuttleworth that transferred money to the South African Reserve Bank. Through powers granted under exchange controls legislation, the South African Reserve Bank imposed a levy of 10% to the money deposed. A big scandal started around the court cases which brought up several good points for the economy of South Africa. It was stated that controlling currency flows gives smaller economies more stability as well as independence. The free flow of capital would also cause account deterioration, inflation and currency devaluation. It was also mentioned that large institutions in South Africa (like its reserve bank) are not interested in red tape or levies, but some how imposed on on Shuttleworth. In addition, they stated that free trade comes as a cost that comes in a form of lost tax revenues and a loss of jobs in South Africa.
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