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Emily Hoshi

Banks get tax cut and finally decide to pay up | Yen for Living - 1 views

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    This is my 1st IA not the first one about panasonic
Isabella Yamamoto

California cigarette tax vote too close to call - CNN.com - 1 views

  • cigarettes
  • The money is going to be invested in cancer research here in California and on tobacco prevention
  • stop kids from smoking
    • Isabella Yamamoto
       
      Higher prices will be a disincentive to buying cigarettes 
  • ...3 more annotations...
  • it will heavily affect poorer Americans, who are more likely to smoke
    • Isabella Yamamoto
       
      Poorer Americans have more inelastic PED's
  • the state's ban on smoking in public places,
  • Some grant proposals that currently go unfunded would find a source of revenue, he said.
Derek Schwung

US airlines boost domestic long-haul fares | Reuters - 0 views

    • Derek Schwung
       
      Increase in prices in overseas flights 
  • United Continental Holdings (UAL.N), AMR Corp's American Airlines (AAMRQ.PK), Southwest Airlines (LUV.N) and US Airways (LCC.N) all said they have matched it
    • Derek Schwung
       
      Many firms in the market are 
  • ...7 more annotations...
  • higher oil prices raise costs and threaten profitability
    • Derek Schwung
       
      Increase in FoP
    • Derek Schwung
       
      Inward shift in supply 
  • Oil prices initially rose on Thursday as the euro rallied and a Nigerian union threatened to shut down output, but they later eased on a report that the European Union could delay a ban on Iranian exports by six months. U.S. February crude oil was down 1.6 percent at $99.26 a barrel after earlier reaching above $102.
  • European law requiring airlines to pay for aircraft emissions.
    • Derek Schwung
       
      Negative Production Externality - tax Market failure 
  • d a $3 surcharge each way unveiled by Delta on fares purchased in the United States for flights between the United States and Europe
    • Derek Schwung
       
      Increase in price, tax put on consumer 
James Cohen

Tax on super strength beers and lagers set to increase - 0 views

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    Article on rise in tax from negative externalities from the demerit good of beer. Particularly the stronger beers with greater externalities.
Edward Pearson

Japan can halve national, local gov't budget deficits in FY 2015: Cabinet Off... - 0 views

  • ady set to rise to 8 percent in 2014 and then to 10 percent in 2015.
  • set to rise to 8 percent in 2014 and then to 10 percent in 2015.
  • The Cabinet Office then estimates that reductions in government spending, coupled with the consumption tax increase, will drastically improve Japan's fiscal condition.
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    Japan is likely to achieve its goal of halving the ratio of national and local government budget deficits to Japan's nominal gross domestic product (GDP) in fiscal 2015 from 2010 levels, according to a final draft of the Cabinet Office's mid- and long-term estimates.
Nayana Devadas

CURRENCIES & BONDS / Dollar below 81.50 yen in Tokyo, cutting early gains ahead of BOJ ... - 0 views

  • At 5 p.m., the dollar was quoted at 81.27-30 yen, still up from 81.11-12 yen at the same time Friday.
  • The dollar pared its early gains to trade mostly below 81.50 yen in Tokyo trading Monday, as the recent yen-selling spree took a pause before the Bank of Japan's upcoming monetary policy decision.
  • where it was supported by hopes for an early deal to avoid the "fiscal cliff," or a combination of looming tax increases and spending cuts.
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  • consider a plan under which the central bank buys construction bonds directly from the government
  • expectations for drastic monetary easing by the central bank. Abe's repeated calls for "unlimited" monetary easing, aimed at beating the deflation, sparked such expectations.
  • In futures trading on the Tokyo Stock Exchange, the lead December contract on 10-year JGBs edged down 0.08 point from Friday to end at 144.62. Volume decreased to 25,289 contracts from 33,371.
Edward Pearson

Lost in inflation: the trap of focusing solely on the consumer price index | The Japan ... - 3 views

  • interest rate policy since February 1999
    • Edward Pearson
       
      -Increase borrowing and decreasing savings -however, real interest rates are positive due to deflation 
  • the government's fiscal policy options are starting to run out
    • Edward Pearson
       
      Increase in budget deficit as spending increases and tax revenue decreases - along with debt of 215% of GDP
  • This is reflected by globalized Japan's descent into its first trade deficit since 1980
    • Edward Pearson
       
      GDP=C+!+G+X-M  demand for domestic products decrease because foreign products are relatively cheaper - increase in M and decrease in X, so AD decreases and GDP decrease causing deflation
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  • prices in Japan remain very high by international standards.
    • Edward Pearson
       
      Lack of factors of production - mainly land need for importing from foreign countries possible solutions- Free trade
  • This is one factor behind Japan's high prices.
  • cannot pin their hopes on wage increases
    • Edward Pearson
       
      should be a decrease in wages as revenue decreases - sticky wages 
  • They should step back and take a look at the big picture, including Japan's abnormally high prices,
    • Edward Pearson
       
      deflation possibly could be advantages - increase in spending power, international competitiveness etc 
Yayoi Tanikawa

BBC News - Japan retail sales and household spending continues in April - 2 views

  • sales and household spending continues in April Japan has been trying to boost domestic demand to sustain its economic growth Continue reading the main story Related Stories Sales tax hike is a bitter pill
  • continues
  • sales
  • ...10 more annotations...
  • Retail sales climbed by 5.8% from a year earlier, while household spending rose by 2.6%.
  • Policymakers have been trying to boost domestic sales to offset weaker exports.
  • pan has been trying to boost domestic demand to sust
  • Car subsidies
  • t consumer sentiment was also improving
    • Yayoi Tanikawa
       
      if consumer sentiment improves, they will be more willing to consume, therefore increasing AD
  • Last year people didn't travel much after the earthquake, but this year we see people willing to spend more money on vacations
  • actually 0.3% lower in April than they were in Marc
  • retail sales were
  • rate of unemployment ticked slightly higher in April, hitting 4.6% compared with 4.5% in March.
  • "We would need to see an increase in salaries for consumption to improve further,
Melanie Arxhoek

Mass strikes across India over fuel prices - Central & South Asia - Al Jazeera English - 2 views

    • Melanie Arxhoek
       
      The economic growth in India has slowed down as the figures show for the first quarter of this year as it only expanded by 5.3%. There could be different reasons for this.
  • The strike came on the same day as shock economic growth figures for the January-March quarter showed the slowest quarterly expansion in nine years, of 5.3 per cent
  • The listless economy, high inflation and a series of corruption scandals have weakened the coalition government headed by the 79-year-old Singh and his Congress party
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    • Melanie Arxhoek
       
      Here some problems are mentioned, which would impact the recent decrease in growth and thus the rise in fuel costs.
  • Last week, Indian state-run oil firms announced the sharpest jump in petrol prices in nearly a decade to offset growing losses caused by subsidised rates
  • Once taxes are included, the price increase of Rs6.28 (11 US cents) per litre will result in a Rs7.5-rupee rise for consumers in cities such as Delhi
    • Melanie Arxhoek
       
      This further expands into the reasons of why the fuel prices have risen.
    • Melanie Arxhoek
       
      In this sentence we finally get some statistics that we could use to draw a graph and show the shift in price.
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    11% increase in fuel costs, going from Rs 6.28 per litre to Rs 7.5. Growth figures for the first quarter showed the slowest expansion in 9 years of 5.3%. Listless economy, high inflation and corruption has weakened the economy. Annual inflation is currently at 7%
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    Article I will use for Macro IA
Aili Saito

Spain's Underlying Inflation Rate Stagnates as Slump Persists - Bloomberg - 0 views

Emily Hoshi

Why do economists describe climate change as a 'market failure'? | Environment | guardi... - 3 views

  • tax on emissions or an emissions trading scheme.
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    this is my 1st IA!
Shoko Kuroda

Weak Job Growth in May as Unemployment Rate Ticked Up - NYTimes.com - 0 views

    • Shoko Kuroda
       
      The title of the article indicates that it is about unemployment which is in the field od macroeconomics. 
  • global slowdown as the European crisis escalates.
    • Shoko Kuroda
       
      This sentence indicates the correlation between the unemployment fear of workers in America and the European crisis with countries referred as 'PIGS'. 
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  • the nation’s employers added the fewest jobs in a year and the unemployment rate actually rose,
  • serious vulnerability for President Obama as he faces re-election
    • Shoko Kuroda
       
      The significance of unemployment rate is clearly indicated, such as the the impact on Obama's re-election. 
  • The unemployment rate rose to 8.2 percent in May from 8.1 in April, though largely because more people began looking for work.
    • Shoko Kuroda
       
      Unemployment raises when there is more demand for working because no matter whether there is an increase or decrease in the working labour force, the number of available jobs are limited. Because there is a limited number in the number of jobs, the increase in demand for employment raises the unemployment rate. 
  • another recession.
    • Shoko Kuroda
       
      The word 'recession' can used to introduce the Keynesian economics with the boom and the busts cycles and monetary and fiscal policies to reduce these cycles. 
  • The report on American jobs added to the global pall that has deepened with Europe’s debt crisis and slowing growth in China and India.
    • Shoko Kuroda
       
      This indicates the influence of America's unemployment rate as well as their economic growth to the other major countries, such as China and India. A increase in America's unemployment rate resulting in a decrease in America's GDP growth has affect on the economy of China and India, such as in exporting goods. 
  • Yields on United States and German government bonds also slumped as investors bid up the bonds’ prices looking for safety.
    • Shoko Kuroda
       
      The decrease in the prices of government bonds in Germany and United States indicates that the citizens dont have the trust to these countries for their skill to return the money with a fixed amount of tax. This is also another indication for the economy not doing well. 
  • The underlying pace of the domestic economy is a slog, driven by manufacturing and restrained by slackening global demand.
    • Shoko Kuroda
       
      The main factor of decrease in America's GDP is stated as the overall decrease in the demand for goods since many economies are not successful. 
  • “Manufacturers are very concerned about Europe because a blowup in Europe means a global slowdown,”
    • Shoko Kuroda
       
      Europe can be noted as one of the important continents which greatly affect the global economy. 
  • diverse,
    • Shoko Kuroda
       
      Whether a company has a diverse target audience or not can be a indicator to determine the impacts of global slow down in markets. 
    • Shoko Kuroda
       
      A graph illustrating a global decrease in demand can be applied to draw the consequences of decrease in GDP. 
  • Obama’s economic policies.
    • Shoko Kuroda
       
      The economic policies which President Obama used can be described thoroughly in this section, such as fiscal and monetary and their success. 
  • The May jobs report showed gains in health care, transportation and warehousing, and wholesale trade, while construction jobs fell by a seasonally adjusted 28,000. Even some bright spots, like booming auto sales, failed to meet expectations or to bolster manufacturing employment by much — only 12,000 jobs.
    • Shoko Kuroda
       
      Both the positives and the negatives of America's economy can be explained more in depth and the impact of each factor to the market. 
Nofar Lapidot

BBC News - Qantas forecasts profit to slide by up to 90% - 2 views

  • highest ever fuel bill
    • Nofar Lapidot
       
      Increase in price of FoP
  • It has forecast a profit before tax of between A$50m ($48.6m; £31.6m) and A$100m for the year ending 30 June.
  • dropped as much as 18%
    • Nofar Lapidot
       
      decrease in demand 
  • ...2 more annotations...
  • double to A$450m
    • Nofar Lapidot
       
      double the losses demand shift in, supply shift in because of high price of FoP
  • competition has increased
    • Nofar Lapidot
       
      more alternatives
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    Quantas profit decreases by 90%
Sophia Withers

Auckland Airport cuts passenger fees - Business - NZ Herald News - 0 views

  • Aircraft landing charges will increase at a gradual pace over the period with increased volumes forecast implying the airport will attract $98.2 million in fees by 2017 from a forecast $80.1 million in 2013.
    • Sophia Withers
       
      impacts of a tax
  • Moutter said the hike in domestic charges will go towards expanding capacity at the domestic terminal over the next 18 months to let it cope with bigger aircraft being used on local routes. The airport expects to spend $28 million on the upgrade, which will tide it over for a few extra
  • ver the five-year period, Auckland Airport flagged $244.9 million in capital expenditure for pricing, excluding a potential northern runway
Sean Dolan

Japan tax hikes can't wait - Chicago Tribune - 0 views

  • target of 1 percent
    • Sean Dolan
       
      most countries aim at around 3. Japan needs to get out of inflation so 1 is good enough
    • Sean Dolan
       
      most countries aim at around 3. Japan needs to get out of inflation so 1 is good enough
  • zero rate
    • Sean Dolan
       
      more investments because the interest rate or discount rate is zero. so increase in consumption. GDP increase if all goes well
  • budget deficits projected at about 10 percent
  • ...4 more annotations...
  • 10 percent
    • Sean Dolan
       
      ad valorem
  • deflation
    • Sean Dolan
       
      the deflation decreased consumption and investments because people will wait for the price to decrease then buy it at a higher price
  • exports
    • Sean Dolan
       
      x will increase because it decreased drastically last year
  • energy shortages
    • Sean Dolan
       
      decrease in supply of electricity. So electric companies are increasing the price of electricity
Arla Takala

Spain unemployment hits record high - Europe - Al Jazeera English - 0 views

  • unemployment
    • Arla Takala
       
      One of the 4 primary macroeconomic objective
  • jobless rate of 24.4 per cent in first quarter,
    • Arla Takala
       
      Governments set target for unemployment is about 5% each year
  • "BBB "
    • Arla Takala
       
      Bond credit rating--> BBB - has adequate capacity to meet its financial commitments
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  • The figures are terrible for everyone and terrible for the government
    • Arla Takala
       
      Terrible for everyone: --> no job = no income --> less spending Terrible for government: --> decrease on government revenue --> government has to spend more money on unemployment benefits --> government is receiving less money and spending more money --> budget deficit
  • economy to shrink
    • Arla Takala
       
      Negative economic growth can cause recession
  • fiscal
    • Arla Takala
       
      Government policy that focuses on taxes and government spending to improve the economy
  • S&P predicts the Spanish economy will shrink by 1.5 per cent this year, having previously forecasted growth of 0.3 per cen
    • Arla Takala
       
      Decrease in GDP due to decrease in consumer spending
  • It added that Spain's commercial banks are increasingly leaning to official sources for funds as they struggle to deal with piles of bad loans, especially in real estate.
    • Arla Takala
       
      Decrease in government spending
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