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Adam Seldis

Turkey puts faith in new generation - MarketWatch - 0 views

www.google.com/url

shared by Adam Seldis on 24 May 12 - No Cached
  • Adam Seldis on 24 May 12
     
    @aseldis: RT @TweetEcon: Turkey puts faith in new generation http://t.co/XfNNczOp
Adam Seldis

http://www.bie.org/images/uploads/general/20fa7d42c216e2ec171a212e97fd4a9e.pdf - 0 views

www.bie.org/...42c216e2ec171a212e97fd4a9e.pdf

shared by Adam Seldis on 24 May 12 - No Cached
  • Adam Seldis on 24 May 12
     
    Feedback
Nich Fabrici

India Seeks Increase in Penalty on Coal India - WSJ.com - 2 views

online.wsj.com/...3830204577447981755673266.html

shared by Nich Fabrici on 06 Jun 12 - No Cached
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      Increase in Penalty Due to Decrease in supply.
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      Title is nearly insignificant. Focusing on the decrease in supply to the consumer, and not the increase in penalty.
  • Coal India,
  • 80% of India's coal needs
  • ...15 more annotations...
  • stagnation in coal output growth
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      Growth of Firm is Decreasing, decrease in supply. Also meets 80 percent of coal needs, demand is high
  • environment clearances
  • supply shortfall
  • educed electricity generation
  • ndia's 200-gigawatt electricity generation capacity is coal-based,
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      They are a MONOPOLY- they rule more then 50% of they Coal Market in India
  • increased supply of coal
  • economic growth
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      Although Economic Growth is Macro, it shows a strong correlation between the two.
  • The government earlier this year directed Coal India to sign pacts with the utilities that became operational after April 2009,
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      Government has Intervened- declaring that it will be a Monopoly after signing packs.
  • as was the case in the previous supply pacts.
  • 14 power producers out of a total of about 40 utilities that are likely to sign pacts.
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      MAXIMUM PRICE  SUBSIDIES?
Adam Seldis

Kenya inflation slows to 12.2 pct in May | Reuters - 5 views

af.reuters.com/...idAFJOE84T07420120530

shared by Adam Seldis on 30 May 12 - No Cached
Adam Seldis liked it
    • Adam Seldis
      Adam Seldis on 30 May 12
       
      This nicely allows some evaluation, as we can speculate on to what evaluate the government should change interest rates
    • Adam Seldis
      Adam Seldis on 30 May 12
       
      I could use this to introduce the relationship between interest rates and exchange rates. However that's more international economics so I might just ignore it. 
    • Adam Seldis
      Adam Seldis on 30 May 12
       
      This is a nice article that allows me to explain what inflation is and how Kenya has cost-push disinflation. I can easily show this in a diagram. What's more it also talks about monetary policy, so I can explain how the government has helped create this - the impact of interest rates on costs. There are also some really good evaluation opportunities, particularly as the article suggests the Kenyan government itself doesn't know what to do with interest rates. I can ignore exchange rates but instead focus on the possible impact on employment and general GDP growth, whilst not ignoring the ominous signs mentioned about future world commodity prices.
Yihan Li

BBC News - Federal Reserve to buy more debt to boost US economy - 0 views

www.bbc.co.uk/...business-19592151

shared by Yihan Li on 14 Sep 12 - No Cached
  • buy "additional agency mortgage-backed securities at a pace of $40bn (£25bn) per month".
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Buying the securities increases the supply of money in the market
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Increase in supply of money is used to expand aggregate demand
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      (evaluation) talk about the merits and demerits of increase in AD
  • nterest rates in the US have been close to zero for several years now, and the Fed again kept them at below 0.25% on Thursday.
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Low interest rate keeps aggregate demand high -> more spending and investment 
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Draw interest rate vs quantity of money diagram
  • quantitative easing
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      quantitative easing = A monetary policy used to increase the money supply by buying government securities or other securities from the market
  • ...7 more annotations...
  • "We doubt it will be enough to get the economy on the right track. It's only a matter of time before speculation begins as to when the Fed will raise its purchases from $40bn a month."
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      (evaluation) not enough money is spent by Federal Reserve 
  • the central bank buys bonds to keep the long-term cost of borrowing down.
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Increase in supply of money keeps cost of borrowing (long-term interest rate) low
  • The unemployment rate in the US has been above 8% since January 2009, but the current 8.1% is down from the recent high of 10% in October 2009.
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      high unemployment = the economy is not doing well. 
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      The main reason why Fed implemented the policy 
  • US presidential election.
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      The decision is influenced by political factors 
  • Ben Bernanke also lowered the Fed's growth forecast for the US economy to 2% this year, down from the 2.4% it predicted in June
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Fed decided to implement the policy because economy is not growing quickly enough 
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Draw a AD-AS diagram to explain the results of AD shift on economy 
  • "The committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labour market conditions,
    • Yihan Li
      Yihan Li on 14 Sep 12
       
      Without Fed's help, unemployment may increase or be stagnant. Maybe talk about Okun's law, which states that 3% increase in output corresponds to a 1% decline in the rate of unemployment
  • Federal Reserve to buy more debt to boost US economy
    • Yihan Li
      Yihan Li on 17 Sep 12
       
      Why using monetary policy, not using fiscal policy? What are other options?  
Arla Takala

Unemployment and Inflation Rise in Euro Zone - NYTimes.com - 0 views

www.nytimes.com/...flation-rise-in-euro-zone.html

shared by Arla Takala on 13 Sep 12 - No Cached
  • Unemployment
    • Arla Takala
      Arla Takala on 13 Sep 12
       
      Unemployment means people who are willing and able to work for that set income but there are no jobs available for them. 
  • inflation
    • Arla Takala
      Arla Takala on 13 Sep 12
       
      Inflation is the increase in general price level (GPL) over a set period (usually over a year)
  • climbed
    • Arla Takala
      Arla Takala on 13 Sep 12
       
      Inflation has increased; prices are higher
  • ...4 more annotations...
  • 10.7 percent from 10.6
    • Arla Takala
      Arla Takala on 13 Sep 12
       
      The unemployment rate rose by 0.1% in a month
  • Italy and Greece
  • 10.1 percent in January from 10.0
    • Arla Takala
      Arla Takala on 13 Sep 12
       
      For the EU countries, the unemployment rate increased by 0.1%
  • 24.3 million
    • Arla Takala
      Arla Takala on 13 Sep 12
       
      24.3 million unemployed. The total population of the EU countries is 503 million. 
Christian Bager

REVE - Regulación Eólica con Vehículos Eléctricos - - 1 views

www.evwind.es/noticias.php

denmark Vestas Windmills South-Korea Expo-2012

shared by Christian Bager on 06 Jun 12 - No Cached
  • Expo 2012 at Yeosu, South Korea.
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Target date of reveal for their further plans
  • Offshore wind holds vast potential as a sustainable energy source for rapidly growing countries, such as South Korea with its substantial coastal areas.
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Showing where there is an increase in demand of the product.
  • A solid foundation for Danish-Korean collaboration on wind energy has already been laid through Vestas’ long history and presence in South Korea and the strong government commitment to ensuring green growth in both Denmark and Korea.
  • ...5 more annotations...
  • Both countries have clearly acknowledged that wind energy is a reliable and sustainable energy solution for the futur
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Showing how both side believe that the demand for wind turbines may increase over the next years, and how it currently stands.
  • In Denmark, the government has set a goal of achieving 50 per cent of our electricity consumption from wind energy by 2020, and Korea is leading the way by systematically implementing policies required to spur Green Growth.
  • We have installed more than 200 onshore wind power turbines in the country since 1998, and almost 70 per cent of installed wind power plants are currently using Vestas wind turbines.
    • Christian Bager
      Christian Bager on 06 Jun 12
       
      Showing the current supply of wind turbines in Korea and how that compares to the Vestas Market share
  • With our many years of experience in turning the wind into energy on land and on sea, Vestas will strive to partner with South Korea to reach their goal of building sustainable cities and ensuring future generations have a reliable source of energy
  • So far, we have installed 581 offshore turbines, equalling 38 per cent of all such turbines in the world. In 2010 alone, we installed a total of 555 MW at the Robin Rigg, Thanet and Bligh Bank offshore wind farms, increasing our installed capacity to more than 1,400 MW.
  • Christian Bager on 06 Jun 12
     
    The one I will use from my IA
  • Christian Bager on 06 Jun 12
     
    First IA
Arla Takala

BBC News - Scottish minimum alcohol pricing passed by parliament - 1 views

www.bbc.co.uk/...and-scotland-politics-18160832

shared by Arla Takala on 07 Jun 12 - No Cached
  • Scottish minimum alcohol pricing passed by parliament
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      Microeconomics - Minimum price on alcohol in Scotland
  • minimum drink pricing
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      Minimum price = legally imposed price floor below which that normal market price cannot fall
  • Under the plans, the ­cheapest bottle of wine would be £4.69 and a four-pack of lager would cost at least £3.52.
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      Consumers pay a higher price for same product
  • ...5 more annotations...
  • Scottish Health Secretary Nicola Sturgeon said that, as drink had become cheaper, alcohol-related hospital admissions had quadrupled and half of prisoners said they were drunk when they committed offences.
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      The government imposed a minimum price to reduce the amount of crime and injuries caused by alcohol
  • alcohol
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      Alcohol is a demerit good (over consumed or over produced) and has negative effects on society
  • Labour said minimum pricing could generate profits of more than £125m for alcohol retailers
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      Increase in profit for alcohol retailers due to an increase in price of alcohol
  • A study into a 50p minimum alcohol price by Sheffield University said the policy would see a 5.5% cut in drinking - with harmful drinkers' consumption falling by more than 10%, compared with a 2.5% fall for moderate drinkers.
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      The increase in price of alcohol would cause a reduction in demand
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      Minimum price causes a surplus in the market because supply exceeds demand
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      This causes a reduction in market size 
    • Arla Takala
      Arla Takala on 07 Jun 12
       
      This may cause informal markets since some firms may sell their surplus at prices below the equilibrium however this is illegal
Aili Saito

BBC News - UK economy in double-dip recession - 1 views

www.bbc.co.uk/...business-17836624

shared by Aili Saito on 07 Jun 12 - No Cached
  • double-dip recession
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      can be represented by a AD/AS graph (shift left in AD) -> leads to recession
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      UK was once in recession and they returned back into recession soon after
  • construction output
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      the demand of construction decreased and the AD decreases (shifts to the left)
  • economic output was slightly smaller now
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      again, there was a decrease in AD
  • ...6 more annotations...
  • everything we can" to generate growth
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      this could be monetary/fiscal policies
  • production industries decreased by 0.4%, construction decreased by 3%
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      both examples of why AD has decreased that lead to recession
  • government spending
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      a fall in government spending = leads to a fall in AD (AD=C+I+G+(X-M))
  • 25% in public sector housing and 24% in public non-housing and with a further 10% cuts to both anticipated for 2013
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      the decrease in government spending has surpassed the anticipated increase in other factors of AD
  • guarded optimism
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      there seems to already be business/consumer confidence
  • little more aggressive in terms of recruitment and investment.
    • Aili Saito
      Aili Saito on 07 Jun 12
       
      the government wants to increase business confidence 
Shoko Kuroda

BBC News - Energy committee attacks UK carbon price - 0 views

www.bbc.co.uk/...business-16728207

shared by Shoko Kuroda on 09 Jun 12 - No Cached
    • Shoko Kuroda
      Shoko Kuroda on 09 Jun 12
       
      Minimum price, therefore it is micro economics 
  • higher carbon options more expensive.
  • developing a low carbon economy
  • ...12 more annotations...
  • reducing uncertainty and creating incentives for investment in low carbon electricity generation now, so we have lower emissions in the future,
  • put aside money
  • The governmen
  • £250m package of support."
  • The government expects to raise £1.4bn
  • However the recession has significantly reduced industrial output - and so demand for credits to cover industrial emissions has also fallen.
  • If the actual price is below the floor, companies must pay the difference to the Treasury.
  • The extra cost will be passed on to consumers, it warns.
    • Shoko Kuroda
      Shoko Kuroda on 09 Jun 12
       
      If Carbon becomes more expensive, this reduces the number of firms which still can afford the price and therefore leads to reducing the amount of Carbon. 
    • Shoko Kuroda
      Shoko Kuroda on 09 Jun 12
       
      Recession, the business cycle suggested by Keynes can be introduced with a digram and explanation. 
    • Shoko Kuroda
      Shoko Kuroda on 09 Jun 12
       
      A diagram representing the impact of minimum price should be drawn and explained. Consumer burden needs to be explained as well. 
    • Shoko Kuroda
      Shoko Kuroda on 09 Jun 12
       
      This can be explained to support why when an economy is in recession, it has a similar impact as minimum price has. In addition, this also has a negative affect on the government who has the benefit of minimum price since then they are able to collect the money. Therefore this reduces the intention of the government to set a minimum price since they would have less benefit when the economy is in a recession. 
Tomomi Nakamura

Greek G.D.P. Fell 6.2 Percent in 2nd Quarter - NYTimes.com - 0 views

www.nytimes.com/...amatically-in-2nd-quarter.html

shared by Tomomi Nakamura on 28 Sep 12 - No Cached
  • The nation’s gross domestic product slid 6.2 percent in the second quarter from a year earlier
  • unemployment rate in May reaching a record 23.1 percent
  • Antonis Samaras, the conservative prime minister of Greece, is seeking to deliver further austerity measures to free up more of the rescue funds provided by the so-called troika — the International Monetary Fund, European Union and European Central Bank — as part of a 130 billion euro ($160 billion) loan program
  • ...3 more annotations...
  • But many economists were skeptical that the heavily indebted Greek state can cut its way out of crippling recession.
  • in 2013, from 9.3 percent in 2011.
  • Officials in Athens agreed in March to cut the general government deficit to 7.3 percent of G.D.P. this year and to 4.6 percent
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