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yiri massop

Italy's unemployment rate stable at 10.7pc in July - 0 views

www.brecorder.com/...76304.html

Unemployment macro economics Italy

shared by yiri massop on 13 Sep 12 - No Cached
  • yiri massop on 13 Sep 12
     
    The article is about the stabilization of unemployment rate of Italy which is currently around 10.7 percent, however the youth unemployment rate in Italy is around 35.3 percent which has increased from 33.6 percent of last year. The unemployment has mostly been caused by the business cycle in Italy which is currently in a recession
Sophie Groosman

U.S. Tariffs On China Mark Escalation Of The Solar War - Business Insider - 0 views

www.businessinsider.com/ation-of-the-solar-war-2012-11

Tariff

shared by Sophie Groosman on 28 Feb 13 - No Cached
  • <A HREF="http://oascentral.businessinsider.com/RealMedia/ads/click_nx.ads/businessinsider/moneygame/post/1144275154@Top1"> <IMG SRC="http://oascentral.businessinsider.com/RealMedia/ads/adstream_nx.ads/businessinsider/moneygame/post/1144275154@Top1">> From To Email Sent! You have successfully emailed the post. U.S. Tariffs On China Show The Solar Power War Is Escalating Significantly
  • Last Monday, China accused the E.U., Italy and Greece of giving illegal subsidies to domestic solar manufacturers and has asked the WTO for ‘consultations’.
  • The U.S. International Trade Commission locked in tariffs between 24 to 36 percent on imported Chinese solar panels.
  • ...3 more annotations...
  • Coalition for American Solar Manufacturing, led by a company called SolarWorld, filed antidumping and countervailing duty cases against Chinese solar manufacturers.
  • Their accusation: China was flooding the U.S. solar market with inexpensive, heavily subsidized solar panels that American manufacturers couldn't compete with.
  • n the months after the SolarWorld case began, China launched a probe of the U.S. polysilicon industry. Then this past summer, the EU launched an antidumping investigation into solar panels and their key components originating in China.
  • Sophie Groosman on 28 Feb 13
     
    China has accused Italy, Greece and the EU for supposedly illegally subsidizing domestic solar manufactururs (suspected that due to a decline in Italian imports of Chinese Solar panels.)  The US international Trade Commision then made a locked tariff of 24-36% on imported solar panels from China.  A year ago the Coalition of american Solar Manufacturers filed antidumping cases against China, saying they were flooding the US market with inexpensive and heavily subsidized solar panels that the US couldnt compete with.  The US fears that China is dumping because it means their domestic producers are not able to compete in the market for solar panels. Therefore this high tariff of 24-36% has been imposed to promote consumption of domestic solar panels. 
Silvia Capizzi

German Unemployment Rises for a Fifth Month Amid Crisis - Bloomberg - 0 views

www.bloomberg.com/...a-fifth-month-amid-crisis.html

unemployment Germany Investment demand

shared by Silvia Capizzi on 12 Sep 12 - No Cached
  • Silvia Capizzi on 12 Sep 12
     
    According to this article, Germany's unemployment had increased for a fifth month in august. The unemployment rate is currently at 6.8%. This increase in unemployment was a consequence of the European debt crisis, which had severely decreased demand for exports, causing companies to hold back on investments.  These two factors have therefore decreased both aggregate demand (net exports decrease) and aggregate supply (decrease in investments). Therefore fewer jobs are required as less output is being demanded. This is shown by the numerous job cuts which have occurred throughout Germany. "Siemens AG (SIE) said on Aug. 27 it will cut 500 jobs at its German factories making industrial gear boxes and clutches by 2016, citing slack demand".   However, the article states that the unemployment rate is still the lowest it has been for the past two decades, and meanwhile wages are rising. This increase in wages is boosting consumer spending, therefore causing an increase in aggregate demand, which should eventually allow for aggregate supply to increase, and therefore increasing the need for workers.  Moreover, although unemployment has risen in Germany, it still does not yet compare to the 8.2% unemployment of the US, the 10.8% in Italy, and the euro-area average of 11.2%. 
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