Group items tagged

Officials want price controls put on the transportation of cement In Israel. Various government ministries are fighting over who should have the decision to impose price controls in the first place. The treasury thinks it should share responsibility over determining these factors with Transportation Ministry. However Transportation Ministry believes it should not. This argument comes after a government meeting, where they were tasked in finding ways to "up" the cement competition.

The United States remains desperate for faster growth and stronger job creation as it continues its slow recovery from the 2009 recession. Peter Blair Henry, the dean of NYU's Leonard N. Stern School of Business states private investment is falling $1 trillion short per year due a to disputes over the "fiscal cliff," the federal borrowing limit and other issues." Monetary policy and fiscal policy are working at "cross purposes" - one is expanding while the other contracts." Governments should save money during times of economic prosperity and spend it to boost the economy when growth decreases. Lawmakers should prioritize predictability in policymaking to trigger private investment and government investments, particularly in education, should be off-limits to cuts. Henry points out that a solution to closing the wage gap is to produce more skilled workers. Raising taxes on the highest tax bracket may also be part of the solution to overall sustainability concerning the fiscal side, but not a solution for income inequality.

South Korea has been accused of dumping its washing machines by the United States. This is in response to a complaint by an American manufacturer "Whirlpool" who has voiced for a tariff to protect its products. South Korea is to appeal to the World Trade Organization. the chief aim of Korea's complaint is in the way in which the US calculates dumping.