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Calorie Reduction Plan in England

  BBC: Calories in popular foods must be cut, say health officials Article published: Aug 18, 2017 IB Economics syllabus: Microeconomics (market failure, negative externalitites) Public Health England plans to introduce targets to cut the current level of calories in popular foods. Following the reductions of sugar in sugary drinks, the new measure will most likely [...]

By | 2017-08-23T12:08:24+00:00 August 23rd, 2017|Micro|Comments Off on Calorie Reduction Plan in England

Know Macroeconomics and Become a Billionaire

Warning! This article is not suitable for a commentary (it's just very interesting). Priceonomics: The Trade of the Century: When George Soros Broke the British Pound IB Economics syllabus: Macroeconomics (exchange rates) This is a superb article that explains in detail how a managed exchange rate works in real life (with all its downsides) [...]

By | 2017-08-23T11:24:55+00:00 August 23rd, 2017|Macro|Comments Off on Know Macroeconomics and Become a Billionaire

New international agreement on decreasing global oil production

  BBC: Oil price surges as Opec and non-Opec members agree deal to cut output Article published: Dec 12, 2016 IB Economics syllabus: Microeconomics (demand and supply, cartel) This time, the OPEC has managed to get an agreement through with non/OPEC members, most notablz, with Russia. The agreement - following last week's one - is about [...]

By | 2017-08-23T10:41:45+00:00 December 14th, 2016|Micro|Comments Off on New international agreement on decreasing global oil production

ECB keeps increasing the money supply

BBC: ECB extends bond-buying scheme but at slower pace Article published: Dec 8, 2016 IB Economics syllabus: Macroeconomics (Monetary policy) At times of low economic growth and very low inflation, Centrtal Banks use expansionary monetary policies to get things going. This includes decreasing interest rates and increasing the money supply. While interest rates are already very [...]

By | 2017-08-23T10:41:51+00:00 December 14th, 2016|Macro|Comments Off on ECB keeps increasing the money supply

Tax cuts for Chinese car manufacturers

Wall Street Journal: China Car Sales Rise Sharply in September Article published: Oct 12, 2016 IB Economics syllabus: Microeconomics (government intervention: tax cut)   Thanks to tax cuts, Chinese car manufacturers can sell their products at lower prices. No wonder that there are a lot more sales since the introduction of the new tax policy. Moreover, this [...]

By | 2017-08-23T10:43:42+00:00 October 15th, 2016|Micro|Comments Off on Tax cuts for Chinese car manufacturers
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