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Contents contributed and discussions participated by Aili Saito

Aili Saito

US complains about China import duties | News.com.au - 0 views

  • car makers have been affected by the tariffs
  • countries are allowed to impose tariffs to offset damage from subsidies and dumping
  • successfully challenged Chinese tariffs on high-tech steel products and has also disputed tariffs on chicken products.
  • ...5 more annotations...
  • impose a tariff on US imports of low-grade Chinese tyres
  • anti-dumping
  • virtual monopoly
  • China says curbing rare earth exports is for environmental protection, not intended to help Chinese companies.
  • Chinese Commerce Minister Chen Deming said the vehicle duties were legal
Aili Saito

Obama announces education help for unemployed - CNN - 0 views

  • educational and training programs
  • unemployment benefits
  • maximum Pell grant would be increased in July by $500 to $5,350.
Aili Saito

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

Aili Saito

Windfarm subsidy faces huge cut - Green Living - Environment - The Independent - 1 views

  • swingeing cuts in state support for onshore wind-farms
    • Aili Saito
       
      Subsidy Supply like (Ssub) will alter -> shift to the left
  • Climate Change's attempts to stimulate renewable energy are being hamp-ered by Treasury intervention
  • a reckless act of political opportunism
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  • onshore wind power was expensive compared with gas and that it would drive up fuel poverty
  • 25 per cent cut in a subsidy regime that is worth some £400m a year to the industry
  • is to have more onshore renewable energy, which requires lower levels of subsidy, and less offshore, which requires more.
  • It is crackers to kill dead the deployment of the cheapest renewable technology if you genuinely are worried about the cost
  • demanding cuts to the multimillion-pound public subsidies for wind-farms
Aili Saito

Panasonic may halve its 7,000-strong headquarters ‹ Japan Today: Japan News a... - 0 views

  • aimed at speeding up decision-making
    • Aili Saito
       
      can relate to economies of scale = lack of communication is resolved
  • rival Sony
    • Aili Saito
       
      example of substitute good = XED 
    • Aili Saito
       
      PED will alter
  • been badly hit by the appreciation of the yen,
    • Aili Saito
       
      exports decrease 
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  • falling prices
    • Aili Saito
       
      movement on the demand function
  • 772.2 billion yen loss
    • Aili Saito
       
      loss = bad 
  • halve its 7,000-strong headquarters
    • Aili Saito
       
      increase in unemployment
Aili Saito

U.S. economy picks up speed but doubts surround 2012 outlook - Jan. 27, 2012 - 1 views

  • seasonal trends
    • Aili Saito
       
      GDP can vary due to seasons - similar to seasonal unemployment
  • business investment
    • Aili Saito
       
      will lead to a decrease in AD
  • The United States economy picked up speed
    • Aili Saito
       
      GDP increase = could express this on an AD/AS graph where the AD shifts to the right as well as AS shifts to to the right (both increase) - also leads to inflation
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  • their inventories
    • Aili Saito
       
      production increased
  • consumers increased their spending
    • Aili Saito
       
      consumption increased (leads to a shift in AD to the right)
  • overall weakness
    • Aili Saito
       
      could possibly lead to a recession in the future
  • businesses building up their stock of goods
    • Aili Saito
       
      main reason of increase in GDP is the increase of production and increase of stock (AS related)
  • confidence
    • Aili Saito
       
      consumer/business confidence will lead to an increase in AD
  • the report showed GDP grew only 0.8% in the fourth quarter, compared with 3.2% in the third.
    • Aili Saito
       
      there is a decrease in GDP growth - could possibly lead to a recession (negative GDP growth)
  • too weak to warrant higher interest rates any time soon
    • Aili Saito
       
      as interest rates increase, it will lead to an increase in government revenue/profit for banks but also, a decrease in AD
Aili Saito

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

  • double-dip recession
    • Aili Saito
       
      can be represented by a AD/AS graph (shift left in AD) -> leads to recession
    • Aili Saito
       
      UK was once in recession and they returned back into recession soon after
  • construction output
    • Aili Saito
       
      the demand of construction decreased and the AD decreases (shifts to the left)
  • economic output was slightly smaller now
    • Aili Saito
       
      again, there was a decrease in AD
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  • everything we can" to generate growth
    • Aili Saito
       
      this could be monetary/fiscal policies
  • production industries decreased by 0.4%, construction decreased by 3%
    • Aili Saito
       
      both examples of why AD has decreased that lead to recession
  • government spending
    • Aili Saito
       
      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
       
      the decrease in government spending has surpassed the anticipated increase in other factors of AD
  • guarded optimism
    • Aili Saito
       
      there seems to already be business/consumer confidence
  • little more aggressive in terms of recruitment and investment.
    • Aili Saito
       
      the government wants to increase business confidence 
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