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Contents contributed and discussions participated by Melanie Arxhoek

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French unemployment hits 13-year high - 0 views

www.aljazeera.com/...2012931694759458.html unemployment economic growth
shared by Melanie Arxhoek on 24 Sep 12 - No Cached
  • Melanie Arxhoek on 24 Sep 12
     
    The number of unemployed people in France has broken past the three million barrier for the first time since 1999, the country's leaders say. The latest total adds pressure on President Francois Hollande, whose administration is under attack four months after taking power for not doing enough to fix the economy.
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Mass strikes across India over fuel prices - Central & South Asia - Al Jazeera English - 2 views

www.aljazeera.com/...20125319563551660.html
shared by Melanie Arxhoek on 01 Jun 12 - No Cached
    • Melanie Arxhoek
      Melanie Arxhoek on 01 Jun 12
       
      The economic growth in India has slowed down as the figures show for the first quarter of this year as it only expanded by 5.3%. There could be different reasons for this.
  • The strike came on the same day as shock economic growth figures for the January-March quarter showed the slowest quarterly expansion in nine years, of 5.3 per cent
  • The listless economy, high inflation and a series of corruption scandals have weakened the coalition government headed by the 79-year-old Singh and his Congress party
  • ...5 more annotations...
    • Melanie Arxhoek
      Melanie Arxhoek on 01 Jun 12
       
      Here some problems are mentioned, which would impact the recent decrease in growth and thus the rise in fuel costs.
  • Last week, Indian state-run oil firms announced the sharpest jump in petrol prices in nearly a decade to offset growing losses caused by subsidised rates
  • Once taxes are included, the price increase of Rs6.28 (11 US cents) per litre will result in a Rs7.5-rupee rise for consumers in cities such as Delhi
    • Melanie Arxhoek
      Melanie Arxhoek on 01 Jun 12
       
      This further expands into the reasons of why the fuel prices have risen.
    • Melanie Arxhoek
      Melanie Arxhoek on 01 Jun 12
       
      In this sentence we finally get some statistics that we could use to draw a graph and show the shift in price.
  • Melanie Arxhoek on 01 Jun 12
     
    11% increase in fuel costs, going from Rs 6.28 per litre to Rs 7.5. Growth figures for the first quarter showed the slowest expansion in 9 years of 5.3%. Listless economy, high inflation and corruption has weakened the economy. Annual inflation is currently at 7%
  • Melanie Arxhoek on 06 Jun 12
     
    Article I will use for Macro IA
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