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Contents contributed and discussions participated by Christina Seward

Christina Seward

Minimum alcohol price in Scotland to be set at 50p a unit | Society | The Guardian - 4 views

    • Christina Seward
       
      first IA
  • After resisting it for four years, Scottish Labour is also preparing to support the policy if Alex Salmond's government presses on with plans for a £130m "health levy" on supermarkets to claw back the £125m increase in their revenues from a 50p minimum price.
  • said in January that inflation and a drop in alcohol misuse meant only a 50p cost would have a significant impact now.
  • ...2 more annotations...
  • 60 lives in the first year, and 318 a year within a decade. It would most directly affect alcoholics,
  • extra £120 a year.
Christina Seward

US subsidy decision welcomed | Business | The Guardian - 1 views

    • Christina Seward
       
      with no cotton subsidy from the government, what effect will that have on the market?
    • Christina Seward
       
      this is whats happening now. with the subsidy, it means that the US cotton market is going well because they can sell more with the subsidy from the government
    • Christina Seward
       
      what effect the US having no subsidy on the cotton will have for the 3rd world cotton that is being sold as a second to the US cotton
  • ...3 more annotations...
  • Subsidies paid by the US government make it financially viable for textile manufacturers to buy expensive US cotton rather than cheaper, third-world cotton
  • Oxfam estimates that poor African cotton-producing countries missed out on almost $400m (£230m) in revenues between 2001 and 2003. About 10 million Africans depend directly on the crop for a living.
  • World Trade Organisation.
Christina Seward

Banks received 'implicit' taxpayer subsidy of up to £220bn, Bank of England s... - 0 views

  • One of the major benefits to banks was lower borrowing costs, because the paper argues that witho
    • Christina Seward
       
      lower interest rates
    • Christina Seward
       
      analyzing the GDP and discussing the pros/cons of increasing the subsidy. 
  • he resulting cost to society of financial crises, not least the reduction in GDP, could far exceed the original implicit subsidy
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