Skip to main content

Home/ IBEconomics/ Group items tagged cnn

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Tomomi Nakamura

Spain in eurozone crisis cross-hairs - CNN.com - 0 views

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

shared by Tomomi Nakamura on 07 Jun 12 - No Cached
  • crisis
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      This suggests that the article will be about the economic (macro) problems which the eurozone has been going through. 
  • financial crisis
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      It is an issue about money, which relates to the GDP of the country.
  • borrowing costs
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      It may suggest problems with national debt or interest rates.
  • ...10 more annotations...
  • unemployment rates at devastating levels.
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      Low unemployment rate is one of the macroeconomic objectives.  However, the unemployment rate is very high, and that is not good for the economy.
  • bad investments
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      Investment is a factor that influences GDP in the equation AD=C+I+G+(X-M), and if there is bad investment, the I component will decrease, which will also decrease the GDP value.
  • When the economy collapsed in 2008, people lost their jobs -- and with them their homes.
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      When people lose jobs, it will increase the unemployment of that country.  Houses are the most valuable objects that a person owns, and if they lose their homes it will have a huge impact on their lives.
  • strengthening the banking sector.
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      They may be doing something to improve the economy's flow of money, debts, etc.
  • Spain also has an unemployment crisis, with more than half those under 24 out of work, and almost one in four people overall. Spain's jobless rate has helped pushed the eurozone's total unemployment rate to 11% -- its highest since the eurozone was created in 1999
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      High unemployment has bad influence to the economy of Spain, which could also have an effect on other countries of the eurozone.
  • The situation in Spain is developing like a "perfect storm," with money being pulled out of the country, despite the desperate need to stem capital flight and support its banking system.
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      Issues with the flow of money.  Leakage will lead to a decrease in economic growth.
  • This leaves Spain in a precarious financial state, driving investors away, pushing up its borrowing costs and making it more likely to need a bailout.
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      There will be less investment which will decrease GDP, and if the country needs to borrow more money, their debt will continue to increase.
  • money being pulled out of the country
  • The retirement age has been raised from 65 to 67, while public sector wages and welfare payments have been cut.
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      Raising the retirement age may decrease the number of people who are unemployed, but lowering the wages may be a disincentive to the workers.
  • Academics and financiers are also wading into the policy debate, with billionaire George Soros saying in a speech this month that the "wrong remedy" has been applied to the crisis. "You cannot reduce the debt burden by shrinking the economy, only by growing your way out of it," he said.
    • Tomomi Nakamura
      Tomomi Nakamura on 07 Jun 12
       
      Shrinking the economy is not good, and that may cause　more problems which will not help improve economic growth.
Mo Settles

Union Jack brings boom for British business - CNN.com - 1 views

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

shared by Mo Settles on 06 Jun 12 - No Cached
    • Mo Settles
      Mo Settles on 06 Jun 12
       
      Demand and Supply
  • current form since 1801,
  • flag isn't licensed, anyone can print their own patriotic paraphernalia without having to pay any royalties.
  • ...12 more annotations...
  • Prince William's wedding to Catherine Middleton last year to the Queen's Diamond Jubilee this weekend
  • But Britain's famous flag has had a chequered past, and wasn't always so coveted
  • Waistle says orders are "three to four times'" higher now than during the Royal Wedding
  • We've sold out of bunting and paper napkins, even the paper plates."
  • most companies are cutting staff, Waistle plans to recruit a full-time tech specialist to help with the pick
  • up in traffic on his websites
  • says sales are up at least 20% on last year, across the chain's three West End stores.
  • sales as "much busier"
  • Peering up at 147, 12 foot-high flags adorning London's shopping district, Brenda Tode shows off her new Union Jack top to classmates on a school trip from Berlin.
    • Mo Settles
      Mo Settles on 06 Jun 12
       
      Consumer ConfidenceIncome (Normal Goods, Inferior Goods)NeedPopulationQualityFashion Price of goodPrice of complementary goodsAdvertisement 
  • Big business has long been aware of the economic benefits the nation's symbol of unity can bring. More than a decade ago British Airways and Virgin Atlantic fought over the use of the country's colors on their livery.
  • The flag isn't licensed, so anyone can print patriotic paraphernalia
  • Mo Settles on 06 Jun 12
     
    My first IA
Graeme Lorimer

Oil increases to highest level since 2008 - CNN.com - 0 views

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

oil supply demand economics cnn increases

shared by Graeme Lorimer on 08 Jun 12 - No Cached
  • pipeline explosion in Saudi Arabia
    • Sean Dolan
      Sean Dolan on 08 Jun 12
       
      decrease in supply
    • Graeme Lorimer
      Graeme Lorimer on 08 Jun 12
       
      Graeme Lorimer - IA 1
Tomomi Nakamura

Greeks pushed to work more to pay debt - CNN.com - 0 views

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

shared by Tomomi Nakamura on 24 Sep 12 - No Cached
  • the greatest challenge for employers is not a lack of cheap labor but a shortage of demand for their products.
  • The latest Greek employment data shows that more than half of people under the age of 25 are out of work.
Emily Hoshi

The 86 million invisible unemployed - May. 3, 2012 - 1 views

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

shared by Emily Hoshi on 01 Jun 12 - No Cached
  • population growth
    • Emily Hoshi
      Emily Hoshi on 01 Jun 12
       
      :D?
  • labor force is now at its smallest size since the 1980s when compared to the broader working age population.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      One of the reasons to why there as an increase in unemployment.
    • Emily Hoshi
      Emily Hoshi on 01 Jun 12
       
      Two graphs with the unemployment in micro perspective graph and the boarder working age population (basically population graph of workers) graph to compare and analyze the effects 
  • Last year, 86 million Americans were not counted in the labor force because they didn't keep up a regular job search. Most of them were either under age 25 or over age 65.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Could use the numbers and percentages to create a graph.
    • Emily Hoshi
      Emily Hoshi on 01 Jun 12
       
      This can be shown with unemployment in microeconomics perspective graph
  • ...11 more annotations...
  • that doesn't include the millions of nonworking adults who aren't even looking for a job anymore.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Since unemployment is when a worker is willing and able to work at a given wage rate but there is no job (work) available, when they have given up to look for a job they are not counted in the unemployment rate anymore.
  • unemployment rate is falling
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Could show the unemployment fall on a graph.
  • A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Definition
  • 63.6% of Americans over the age of 16 fell into that category
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Again, could use the statistics to show how it has hit a very low labour force participation rate.
  • Only people looking for work are considered officially unemployed.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Again, definition of unemployment.
  • The unofficially unemployed
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      It is not that the people who were unemployed were not looking for jobs at all.
  • weren't consistently looking for one
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      The reason for them being "unofficially unemployed".
  • Older people, ages 65 and over, account for more than a third.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      They can live on either their savings or the money from the government. 
  • Young people between 16 and 24 make up another fifth.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Off for education?
  • unemployed
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Types of unemployment: structural, frictional, cyclical, seasonal, natural rate
  • recession
Yuuji Mitsuta

Europe's (olive) oil crisis - CNN.com - 5 views

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

shared by Yuuji Mitsuta on 31 May 12 - No Cached
    • Yuuji Mitsuta
      Yuuji Mitsuta on 31 May 12
       
      Demand has decreased due to economic crisis
    • Yuuji Mitsuta
      Yuuji Mitsuta on 31 May 12
       
      EU intervention to reduce surplus of olive oil and incomes in rural areas of spain
  • plunged to a 10-year low as domestic consumption in the top producing southern European countries has fallen because of the economic crisis
    • Yuuji Mitsuta
      Yuuji Mitsuta on 31 May 12
       
      Demand has decreased due to economic crisis
  • ...3 more annotations...
  • price of premium-quality extra virgin olive oil in the wholesale market fell this month to $2,900 a tonne,
    • Yuuji Mitsuta
      Yuuji Mitsuta on 31 May 12
       
      Decrease in price due to decrease in demand
  • suffering from strong competition from cheaper varieties of vegetable oil.
    • Yuuji Mitsuta
      Yuuji Mitsuta on 31 May 12
       
      Substitute goods present, so has a higher PED. has lower demand compared to vegetable oil
  • This crop is vital for the main producing countries in terms of maintaining employment in their rural areas
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
Isabella Yamamoto

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

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

shared by Isabella Yamamoto on 06 Jun 12 - No Cached
  • cigarettes
  • The money is going to be invested in cancer research here in California and on tobacco prevention
  • stop kids from smoking
    • Isabella Yamamoto
      Isabella Yamamoto on 06 Jun 12
       
      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
      Isabella Yamamoto on 06 Jun 12
       
      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.
Aili Saito

Obama announces education help for unemployed - CNN - 0 views

articles.cnn.com/...nt-education-unemployed-person

shared by Aili Saito on 26 Sep 12 - No Cached
  • educational and training programs
  • unemployment benefits
  • maximum Pell grant would be increased in July by $500 to $5,350.
Risako Okamoto

China CPI: Inflation rising again - Sep. 8, 2012 - 0 views

money.cnn.com/...index.html

shared by Risako Okamoto on 24 Sep 12 - No Cached
  • Inflation jumps as economy slows
    • Risako Okamoto
      Risako Okamoto on 24 Sep 12
       
      Topic is on inflation
  • consumer
  • consumer price inflatio
    • Risako Okamoto
      Risako Okamoto on 24 Sep 12
       
      inflation increases due to decrease in the economy
  • ...3 more annotations...
  • slows
  • nsumers paid 2
    • Risako Okamoto
      Risako Okamoto on 24 Sep 12
       
      increase by 2%
  • Food prices
    • Risako Okamoto
      Risako Okamoto on 24 Sep 12
       
      food prices went up due to inflation. it rose 3.4%. the products are getting more expensive. 
kakomori

Tobacco companies ordered to advertise smoking risk - Nov. 27, 2012 - 2 views

money.cnn.com/...index.html

shared by kakomori on 31 May 13 - No Cached
  • - "Smoking kills, on average, 1,200 Americans. Every day." - "More people die every year from smoking than from murder, AIDS, suicide, drugs, car crashes, and alcohol, combined." - "Secondhand smoke kills over 3,000 Americans each year."
1 - 20 of 27 Next ›
Showing 20▼ items per page