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senkoffa

Trade deal opens Europe to oysters - Prince Edward Island - CBC News - 0 views

www.cbc.ca/...ns-europe-to-oysters-1.2426171

international economics economic integration tariffs protectionism trade

shared by senkoffa on 16 Nov 13 - No Cached
  • Flynn said oyster growers in his country, Ireland, are selling to Asia because the market in Europe is so competitive. There is room, however, for specialty products.
  • Most are purchased from France, or consumers are buying local product. Canadian oysters are largely unknown.
  • Canada-European Union trade deal
Nayana Devadas

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

www.yomiuri.co.jp/...T121119003949.htm

shared by Nayana Devadas on 29 Nov 12 - No Cached
  • 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.
  • ...3 more annotations...
  • 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.
Katie Miyoshi

Switzerland : Mexico takes Chinese textile subsidy issue to WTO - Textile News Switzerland - 0 views

www.fibre2fashion.com/...newsdetails.aspx

shared by Katie Miyoshi on 08 Nov 12 - No Cached
  • Mexico
  • has filed a complaint with the World Trade Organization (WTO) over the subsidies provided by China to its textiles and garment sector, according to a statement released by the WTO.
  • exemption in income tax, value-added taxes and municipal taxes,
  • ...2 more annotations...
  • Under a series of trade agreements between Mexico and China, all tariffs on Chinese products, including textiles, were gradually reduced to zero by December 2011.
  • unfair advantage and seriously hurt Mexican textile and garment industry.
Edward Pearson

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

www.japantimes.co.jp/...nb20120220jp.html

Inflation Monetary Policy Fiscal Policy Balance of Payments

shared by Edward Pearson on 31 May 12 - No Cached
  • interest rate policy since February 1999
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      -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
      Edward Pearson on 31 May 12
       
      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
      Edward Pearson on 31 May 12
       
      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
  • ...4 more annotations...
  • prices in Japan remain very high by international standards.
    • Edward Pearson
      Edward Pearson on 31 May 12
       
      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
      Edward Pearson on 31 May 12
       
      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
      Edward Pearson on 31 May 12
       
      deflation possibly could be advantages - increase in spending power, international competitiveness etc 
Emily Hoshi

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

www.guardian.co.uk/...-climate-change-market-failure

shared by Emily Hoshi on 06 Jun 12 - No Cached
  • tax on emissions or an emissions trading scheme.
  • Emily Hoshi on 06 Jun 12
     
    this is my 1st IA!
senkoffa

Canada threatens higher tariffs on US wine imports | decanter.com - 0 views

www.decanter.com/...her-tariffs-on-us-wine-imports

international economics protectionism tariffs trade exports

shared by senkoffa on 16 Nov 13 - No Cached
  • 'retaliatory tariffs' on a range of US imports, including wine
  • US failed to change its country of origin labelling rules to comply with the WTO ruling. But, he said Canada would seek WTO approval before making a move. 
  • Canada represents the second largest export market for US wines by value behind the European Union
  • ...1 more annotation...
  • EU agreed a free trade agreement with Canada
Tessa Jalink

Exclusive: Brazil mulls raising Mexico car trade quota - sources | Reuters - 0 views

uk.reuters.com/...il-autos-idUKBRE88J02120120920

shared by Tessa Jalink on 06 Nov 12 - No Cached
  • quota
    • Tessa Jalink
      Tessa Jalink on 08 Nov 12
       
      Quota's  Related to protectionism
  • $350 million
    • Tessa Jalink
      Tessa Jalink on 08 Nov 12
       
      Change in the value of the quota. Good for axes. 
  • was used up in the first six months
    • Tessa Jalink
      Tessa Jalink on 08 Nov 12
       
      The quota was obviously not large enough.  They filled the annual quota in just 6 months.
  • ...7 more annotations...
  • tariffs
    • Tessa Jalink
      Tessa Jalink on 08 Nov 12
       
      Additional tariff if the quota is exceeded.  Make an interesting additional graph.
  • $300 million and $500
  • $300 million and $500
    • Tessa Jalink
      Tessa Jalink on 17 Nov 12
       
      Quota increased by 300-500$ million
  • $1.55 billion
    • Tessa Jalink
      Tessa Jalink on 17 Nov 12
       
      Old quota was 1.55$ billion
  • jumped around 70 percent
    • Tessa Jalink
      Tessa Jalink on 17 Nov 12
       
      Reason for the initial reduction in the quota
  • to raise the quota
    • Tessa Jalink
      Tessa Jalink on 17 Nov 12
       
      If the quota were to be raised it would not happen until after December.
  • Mexican exports to Brazil rose by 135 percent to some 109,000 units in the first six months of 2012. In dollar terms, this was a rise of around 112 percent to nearly $1.6 billion.
    • Tessa Jalink
      Tessa Jalink on 17 Nov 12
       
      This doesn't make sense... shouldn't the percentages be the same...?
Nayana Devadas

Mighty yuan still not without risk for China - The National - 0 views

www.thenational.ae/...ill-not-without-risk-for-china

Exchange Rates

shared by Nayana Devadas on 06 Nov 12 - No Cached
  • spot exchange rate agains
  • upper limit of its floating range
  • trading band for the yuan's dollar exchange rate was widened
  • ...3 more annotations...
  • rapid currency appreciation is a potentially dangerous development for China - in part owing to the risk of an abrupt and painful reversal.
  • greater global liquidity
  • Given China's adherence to a stable monetary policy, the yuan has become a more attractive asset to hold.
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