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alex vevstad

Russia diamonds: Source under Siberian asteroid crater could supply world markets for t... - 0 views

www.dailymail.co.uk/...world-markets-3-000-years.html

shared by alex vevstad on 13 Jun 13 - No Cached
  • supply the world market for the next 3,000 years.
  • ten times the global stockpile.
  • secret until now because it was already reaping big profits
  • ...3 more annotations...
  • ideal for industrial and scientific uses.
  • value of impact diamonds is added
  • 98 per cent of which was exported to Belgium, Israel, South-east Asia and the USA.
  • alex vevstad on 13 Jun 13
     
    Russia reveals shiny state secret: It's awash in diamonds
Mo Settles

Gas survey reports its first price drop of the year - CNN.com - 1 views

edition.cnn.com/...index.html

shared by Mo Settles on 06 Jun 12 - No Cached
  • "We may see another five to 10 cents decline in the next few weeks" if crude oil doesn't rise, she said.
  • Atlanta: $3.79 Boston: $3.95 Denver: $3.87 Houston: $3.85 Memphis, Tennessee: $3.72 Portland, Oregon: $4.02
  • their first dip since December, according to a nationwide survey published Sunday.
  • ...16 more annotations...
  • A gallon of regular now costs $3.91 on average,
  • down more than 5 cents from two weeks earlier, when the average was just a few cents below the $4 mark.
  • crude oil for allowing gasoline
  • Gasoline supplies are plentiful, but crude oil prices had been "propping up" gasoline costs, she said. As crude oil prices have stabilized, gasoline prices have fallen.
  • Even looking ahead to later in May, as the country enters peak driving season, prices might not jump if crude oil stays stable because gasoline supplies are flush
  • one year ago was $3.8
  • ust three cents under
  • tabulates prices every two weeks at thousands of gas stations nationwide.
  • The city with the lowest average gas price was Tulsa, Oklahoma, at $3.52
  • San Francisco: $4.21
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Why did the price change? -crude oil  -lots of gasoline  -crude oil stable/gasoline has prices fallen -
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      By how much did quantity change? -quantity of crude / gasoline increased
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Who was effected by price change? -American citizens -The Oil Companies -Government?  
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      How was price impacted? -average gas prices dropped by 5 cents (USA) -$3.91 for a gallon on average  -below $4 mark -if crude oil prices stay stable another 10 cent change is expected -prices in peak season might not change because of the steady gasoline prices -average last year $3.88 three cents under current  -
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Lundberg Survey  -tabulates prices every two weeks at thousands of gas stations nationwide
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Econ to talk about -PES
Shoko Kuroda

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

www.nytimes.com/...n-may-jobless-rate-at-8-2.html

shared by Shoko Kuroda on 04 Jun 12 - No Cached
    • Shoko Kuroda
      Shoko Kuroda on 04 Jun 12
       
      This implies structural unemployment, which is the kind when unemployment is caused due to change in structure, such as applying machinery as to human beings. 
    • Shoko Kuroda
      Shoko Kuroda on 04 Jun 12
       
      Another factor for increase in unemployment is caused by cutbacks. This can then be related to the success of the firms. 
    • Shoko Kuroda
      Shoko Kuroda on 04 Jun 12
       
      Structural unemployment can be drawn as a graph. 
  • ...2 more annotations...
    • Shoko Kuroda
      Shoko Kuroda on 04 Jun 12
       
      As well as drawing the season unemployment graph, an explanation as to how seasonal unemployment is caused can be described. The causes of seasonal unemployment needs to be related to the increase in unemployment rate in USA between last Winter and May. 
    • Shoko Kuroda
      Shoko Kuroda on 04 Jun 12
       
      A graph indicating the consequences of decrease in consumer confidence and how it shifts AD to the left can be shown through a graph. Increase in demand for a higher price of unemployment benefits can be drawn on a graph illustrating the impact on GDP. A brief explanation of consumer confidence and the basic components of GDP should be mentioned and explained. 
J Hwang

China cuts interest rates - 1 views

money.cnn.com/...index.htm

macroeconomics monetary policy

shared by J Hwang on 07 Jun 12 - No Cached
  • J Hwang on 07 Jun 12
     
    -macroeconomics -Monetary Policy - China's central bank decided to decrease interest rates -however, the lending rate is still much higher than that in USA, Europe and Japan. -recently China decreased the reserved ratio as well. -Eurozone crisis - decrease in demand for exports - damaging to Chinese economy -previously, China raised interest rates to decrease inflation --> however led to a slowdown in economics growth
Fuyuka Nakamura

BBC News - Thailand exports fall in April as global demand slows - 5 views

www.bbc.co.uk/...business-18203209

shared by Fuyuka Nakamura on 07 Jun 12 - No Cached
  • Thailand exports fall in April as global demand slows
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      Article 2: Demand and Supply
  • falling demand
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      There was a fall in demand of goods/services from Thailand, as demand from their main exporters (US/Europe) decreased.
  • exports
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      One of the components of AD. Therefore, it will affect the Country's GDP as well.
  • ...9 more annotations...
  • Manufacturing and export sector are key contributors to Thailand's economic growth
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      This explains that exports is a key component in the country's GDP. A decrease in export will affect the country's GDP heavily. (GDP decreases)
  • eurozone debt crisis
  • eurozone's ongoing problems will continue to drag
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      Meaning demand will keep on decreasing in Europe/USA, decreasing the exports from Thailand even more.
  • foreign sales accounting for more than half of Thailand's gross domestic product
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      Represent how exports are more important than consumption/any other factors in determining GDP in Thailand.
  • on Thai
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      Graph: D shifts down. QD and QP decreases for particular manufactured good. Graph 2: AD shifts down, shrinking the economy.
  • Excessive flooding last last year caused damage to factories and businesses, hurting production
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      Another reason to why their economic growth is slumping. This will result from a shift in the supply curve.
  • economic problems
  • boosting domestic consumption
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      A key component in AD/ GDP. By increasing consumption, AD and GDP will increase, boosting the economic growth.
    • Fuyuka Nakamura
      Fuyuka Nakamura on 07 Jun 12
       
      Graph: Rise in AD, real GDP increase.
  • Thailand
    • Fuyuka Nakamura
      Fuyuka Nakamura on 08 Jun 12
       
      Will this Article count as Macro?
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