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Hellan L

How A Fight Over Natural Resources Is Quietly Driving The World's Response To Ukraine - 0 views

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    A news report focusing on the economic, meaning the resource consequences of the conflict between Ukraine and Russia, and also highlighting Europe`s dependance on Russia`s oil and how European nations would suffer if there were to be a conflict between Russia and the rest of Europe.
Sinmaz S

Europe fears 'uncontrolled protectionism' as emerging markets turn against free trade -... - 0 views

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    This article discusses how emerging markets' blatant usage of protectionism, like that of Brazil raising tariffs on 100 sectors last October (2013) to defend is declining industrial base, is a threat to free trade and WTO's views on the matter.
Stamenkovic A

Oil Prices May Harm Russia's Economy - 0 views

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    Russia's economy is suffering from falling oil prices as oil revenue makes up about half of the state budget revenue, while the sanctions imposed by the West in response to Moscow's policy toward Ukraine have almost shut the global financial markets to Russian business. Since oil has the inelastic demands, the fall in price of it will proportionally change the quantity demanded, however if the Russian business decide that oil is not profitable business anymore, they might switch to its substitutes, or if the supply of oil significantly decreases during next few years because of the fall in price of it, the demand for oil might decrease as well and people will again consume its substitutes, such as wood or gas, in greater quantities. If low oil prices and Western sanctions persist for some time, Russia's economy and budget will have to optimize their spending, and concentrate only on profitable budgetary programs, which will not have only major consequences on Russia, but the Europe as well as Russia is one of the main oil suppliers.
Brennan H

Europe's first Ebola victim - 1 views

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    Europe has had it's first Ebola victim. The disease has killed 3,400 people since March, in Madrid the on October 6th locals are worried about how quickly this will spread. Especially considering that the disease has mutated and is now airborne. Spain worries about the competence of their doctors
Moro E

Varoufakis: Repaying IMF is priority - 1 views

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    Although this video does not directly discuss aggregate supply I asked myself how they could expect to be able to supply enough goods to the people and how the government could gain enough from it to get itself out of the sticky situation
Hughes L

Copper Futures End Below $3/Lb for First Time Since April - 1 views

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    Copper prices ended below $3 a pound for the first time in five months on Thursday, as lackluster economic performance in Asia and Europe and unexpectedly weak industrial data in the U.S. sparked concerns about falling demand for the metal.
Chung H

How dirty are public restrooms? - 2 views

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    This article/picture relates to the tragedy of the commons as it highlights the fact that since some countries have public bathrooms that are free of charge, there is little to no upkeep for the bathrooms, and so the users of the bathroom won't clean up after themselves. However, in some places of Europe, bathrooms are paid for to maintain cleanliness and sanitation.
Moro E

Greece to push for bailout revision - 0 views

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    I think this article is relevant because it's about Greexe tying to bring its economy back on track but the political issues with a large cash injection
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