This article discusses Greece and Italy's debt and the recent economic downturn in Europe in fear of bankruptcy in Greece and other countries. This article discusses the bailouts put into place and how investors are reacting to the economy.

This article discusses the benefits of foreign aid from the perspective of Bill Gates who has donated a large portion of his wealth to foreign aid and has also set up his own foundation. One of the points this article makes is that if aid is sent as vaccines or food rather than just money, it is harder for a corrupt dictator to use the aid for his own good.

This article is an interview with Bangladesh's Grameen Bank founder Muhammad Yunus who just received the nobel peace prize for his work with micro credits. This article discusses many of the problems with people misusing micro credits to make personal gains.

This article discusses how China and other Asian countries have used export-led strategies to increase their economic growth. This article examines the notion that these countries, China mainly, have been using illegal practices to achieve economic growth. In reality they are using fair strategies that are working very well for them.

This article discusses how poverty in Nigeria is leading to a lack of education and thus many young people are turning towards extremism. There has been an increase in violence between different religious groups, which is keeping Nigeria from economic development.

This article discusses how the M-East Ward is struggling due in part to one of the dumping grounds in its area. This dumping ground is a big problem since it causes many illnesses and other negative externalities. This article shows how a poor group has a very hard time influencing any political figures in making change happen in their community and thus one of their few chances at improvement is not available.

This article discusses how a peak in commodity prices is affecting Australia's terms of trade. It also looks at how the exchange rates in Australia are affecting the TOT. The TOT have peaked though and now because of the recent decrease in terms of trade though, Australia's economy may be headed for a downward spiral.

This article discusses the consequences/effects of different exchange rates and how undervaluation, which is when the value of a currency is marked lower than what it actually should be, can spur economic growth in a country.

The article that I bookmarked for this week is about how exchange rates and bad climate are affecting Brazil's melon shipments. Brazil is a large exporter of melons and Europe is their biggest importer of melons. Because of the recent financial problems in Europe the exchange rates are not in Brazil's favor for exports. Due to these bad exchange rates for an exporting industry and the bad weather also hurting the melons, Brazil's melon farmers are facing some problems.