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Japan's current account surplus up 4.2% ‹ Japan Today: Japan News and Discussion - 0 views

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    IA
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New Zealand Dollar in September « econfix - 0 views

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

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Greek G.D.P. Fell 6.2 Percent in 2nd Quarter - NYTimes.com - 0 views

  • The nation’s gross domestic product slid 6.2 percent in the second quarter from a year earlier
  • unemployment rate in May reaching a record 23.1 percent
  • Antonis Samaras, the conservative prime minister of Greece, is seeking to deliver further austerity measures to free up more of the rescue funds provided by the so-called troika — the International Monetary Fund, European Union and European Central Bank — as part of a 130 billion euro ($160 billion) loan program
  • ...3 more annotations...
  • But many economists were skeptical that the heavily indebted Greek state can cut its way out of crippling recession.
  • in 2013, from 9.3 percent in 2011.
  • Officials in Athens agreed in March to cut the general government deficit to 7.3 percent of G.D.P. this year and to 4.6 percent
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Food prices rise, but CPI below 2% - Taipei Times - 0 views

  • Vegetable prices increased by 25.35% from a year ago because rainy weather cut supplies, and partly because of a low comparison base from last year
    • Cynthia Huang
       
      The prices increased due to bad weather. The supply must have decreased as prices increased. 
  • Lowering telecoms and Internet subscription costs
  • annual increases in the consumer price index (CPI) remained below 2 percent last month
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  • Telecoms and Internet connection prices tumbled 10.15 percent
  • dragging down the annual increase
  • central bank will probably not raise Taiwan’s policy rates
  • rainy weather cut supplies and drove up costs
  • Expenses for eating out expanded by 2.38 percent last month
  • government’s recent cut to its full-year CPI growth forecast would further strengthen the central bank’s resolve in holding rates at their current levels
  • 25.35 percent
  • Without the lower prices of telecoms and Internet expenses, the annual growth in CPI would have climbed over 2 percent last month
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BBC News - Bank of England sees worse inflation outlook - 0 views

  • Under QE, the Bank buys government bonds,
  • hold at 0.5% and to not increase the QE programme above £375bn.
  • more likely than not to be needed in due course".
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  • increase in utility
  • fell to 2.5% in August, down from 2.6% in July.
  • Inflation is now much closer to the Bank of England's 2% target, having dropped from a peak of 5.2% in September last year.
  • felt extra stimulus would be needed in the future.
  • inflation is unlikely to slow
  • he near-term outlook was for a less rapid fall in inflation
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Greeks pushed to work more to pay debt - CNN.com - 0 views

  • 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.
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Islands spat may hit supply chain - Taipei Times - 0 views

  • supply chain disruptions amid the heightened territorial dispute
  • well-known Japanese companies to suspend their operations at various Chinese plants.
  • Japanese firms ship critical auto parts to Taiwan
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  • shipped onward to assembly plants in China
  • apan is Taiwan’s top importing country
  • China is Japan’s top exporting and importing country
  • adding value before
  • supply chain disruptions
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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.
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Gasoline Pushes Consumer Prices to 10-Month High - NYTimes.com - 0 views

    • Emily Hoshi
       
      What can the government do to prevent the inflation? - what policies are there? monetary and fiscal but in this case monetary policy is the one to change the interest rates. --> however, this can lead to an increase in unemployment rate. WHY? 
  • Consumer prices rose
  • Surging gasoline prices hurt consumer confidence
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  • as the cost of gasoline spiked,
  • Consumer Price Index rose 0.4 percent in February after advancing 0.2 percent
  • Gasoline accounted for more than 80 percent of the rise.
  • Consumer purchasing power
  • going to remain pressured by rising gasoline prices,
  • he said a trend toward lower inflation was still in place.
  • Consumer prices rose 2.9 percent last month from the same period a year ago, unchanged from January but down from a peak of 3.9 percent in September.
  • The core index was up 2.2 percent over the 12 months through February, down from 2.3 percent in January.
  • Consumer expectations for inflation
  • did not expect the steep climb in gasoline costs to last.
  • $4 gasoline has lost its shock value,
  • among lower-income households
  • Investor expectations of inflation
  • also been on the rise
  • Production at the nation’s mines, factories and utilities held steady last month after a 0.4 percent gain in January
  • expand moderately
  • Manufacturing output rose 0.3 percent
  • automakers cut production by 1.1 percent after two big monthly gains
  • Carmakers had raised production to meet demand for popular models in short supply
  • The consumer price report showed gasoline prices soared 6 percent last month, the largest increase
  • risen 0.9 percent
  • cushion against rising gas prices at the pump, salaries are not keeping up.
  • strengthening jobs market is providing
  • arnings, adjusted for inflation, fell 0.3 percent last month after slipping 0.1 percent in January
  • Food costs held steady
  • some price relief for households.
  • , airline tickets and used cars and trucks.
  • declines in the prices of tobacco
  • motor vehicle prices recorded their first increase
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BBC News - China inflation rate dips to a 30-month low in July - 0 views

  • inflation
  • Consumer
  • dips to a 30-month low
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  • rose by 1.8%
  • down from a 2.2%
  • 3% rise
  • spur domestic consumption
  • domestic consumption
  • domestic consumption
  • many Asian economies
  • Rising consumer prices
  • China's economy grew at its slowest pace in three years in second quarter.
  • 18.7%
  • and 6.1%
  • key drivers of the slowdown in the rate of inflation.
  • China's economy grew at an annual rate of 7.6%
  • slowing global demand for its exports.
  • down from an 8.1% expansion
  • boost stimulus measures
  • world's second-largest economy may slow further
  • Beijing has taken various measures to spur growth.
  • the People's Bank of China, has cut its key interest rates twice since the start of June.
  • benchmark lending rate down to 6%
  • more money to lend to consumers and businesses
  • slowdown in the growth of consumer prices may see policymakers introduce further measures to boost growth
  • more room for policy easing
  • rate of inflation was "likely be below the official 4% percent target for the year, so the policy focus for the government can stay clearly on growth
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    China's inflation dipped to a 30-month low in July, giving policymakers a bigger cushion to boost stimulus measures to spur economic growth. Consumer prices rose by 1.8% in July, from a year earlier. That was down from a 2.2% growth rate in June and a 3% rise in May.
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BBC News - China inflation growth dims hopes of interest rate cut - 0 views

  • inflation
    • Emily Hoshi
       
      definition for inflation 
  • interest rate
    • Emily Hoshi
       
      definition for interest rate
  • costs pushed up
    • Emily Hoshi
       
      definition for cost push inflation
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  • Consumer prices grew by 3.6% in March from a year earlier, up from 3.2% in February. Analysts had forecast an increase of 3.3%.
    • Emily Hoshi
       
      graph showing the increase in consumer prices 
  • set a target of 4% for 2012.
    • Emily Hoshi
       
      the effect of setting a 4% inflation (?) --> graph and show
  • central bank to hold back on monetary policy easing for now.
    • Emily Hoshi
       
      the reason why (?)
  • stronger-than-expected inflation could slow down the pace of monetary policy relaxin
  • China's economy grew by 8.9% in the three months
    • Emily Hoshi
       
      giving reasons to it why their economy is slowing down 
  • slowest pace of growth in more than two years.
  • markets such as the US and eurozone.
  • slowing demand for its exports
    • Emily Hoshi
       
      point this in the graph 
  • China's central bank has been easing its monetary policy in recent months.
  • sustain its pace of growth
  • boost
  • cut the amount of money banks must keep in reserve
  • sustain economic growth
  • speculation that the central bank may cut the cost of borrowing in a further attempt to boost growth.
  • money at low rates may push consumer prices higher.
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    Mr. Seldis: Is this okay for my IA2?
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BBC News - US economy creates 96,000 jobs but figure disappoints - 0 views

  • The US economy created 96,000 jobs
    • Risako Okamoto
       
      More jobs for the people. Supposed to decrease unemployment rate
  • The unemployment rate fell to 8.1
    • Risako Okamoto
       
      unemployment rate fell which is good for the economy but it is because more people gave up looking for work
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China CPI: Inflation rising again - Sep. 8, 2012 - 0 views

  • Inflation jumps as economy slows
    • Risako Okamoto
       
      Topic is on inflation
  • consumer
  • consumer price inflatio
    • Risako Okamoto
       
      inflation increases due to decrease in the economy
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  • slows
  • nsumers paid 2
    • Risako Okamoto
       
      increase by 2%
  • Food prices
    • Risako Okamoto
       
      food prices went up due to inflation. it rose 3.4%. the products are getting more expensive. 
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