Sociology/Business/Economics by Charan Gali https://padlet.com/charan_gali239/7fu7djwbip7i Digital News Journal en-us 2018-10-04 17:11:12 UTC 2025-12-09 16:10:03 UTC hello@padlet.com Post #1(October 7 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/290035310 This article is taking about Iran trying to ease out of the many sanction that have been placed on the country.  We see that these many sanctions have limited the number of air travel and humanitarian goods available to them.  A Lot of the tension was brought by President Trump withdraw from the 2015 international accord limiting Iran’s nuclear ambitions.
            The policy instruments of the Washington Consensus uses Trade policy as one of there 10 structural things that have a degree of consensus. This shows the strength and power trade policy has on a nation and how our nation sees foreign trade. IFI allows a country to choose how they move towards there goals however, they have to pay attention towards international's laws when making these decision's.
https://www.nytimes.com/2018/10/03/world/middleeast/us-iran-sanctions-international-court.html
]]> 2018-10-07 14:56:07 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/290035310 Post #2 (October 7 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/290038595 This article talks about the trade war and the effects it has in China and how these tariffs have impacted this country.  This article talks about that the Chinese are requesting more items to be bought from the Americans.  An the solution for this problem is to turn to the World Trade Organization.  An China’s GDP is down by a percent. 
            GDP is one of the key indicators that is used to talk about the measurment of an economy. We see that this article is  examining microeconomic growth in measuring the short term growth. The GDP is the most important figure when measuring an economy and is the most important measurement of development. Allowing economist a way to configure and fix the economy.
]]> 2018-10-07 15:21:22 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/290038595 Post #3 (October 7 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/290039985 This month Trumps administration proposed a new deal with Canada to promote a new deal agreement for Nafta.  Everything seems to be going well with Mexico however Canada seems to be resistant in wanting to join this new agreement proposed by the Trump administration. With Canada not signing this trade agreement, we see that this would only delay the act of trading between the two countries. 
            The choice of Canada not wanting to be in Nafta is stated in terms of neoliberalism where two countries are setting trade agreements to better both economy's. We see that Canada is taking there time with the Nafta agreement to make the right choices. North America is a free market an this agreement allows the country's in this continent to participate in trade.

]]> 2018-10-07 15:31:10 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/290039985 Post#4(October14 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/292544447       This article is talking about the trade in terms of the financial sector. This article shows data that Chinas major index was down 20% and the U.S S&P 500, rose only 0.5 %. Leaving very little growth and improvement since trump signed off on the trade war. By contrast he is also putting lots of tariffs on these country's.
  Financial Intuitions are the key researchers in economics. The use of an "invisible hand" is the description of how the economy seems to operate. In neoclassical economics Adam Smith's thinking of a hands off economy with self interest & regulation is how the goverments seem to be seeing the market. Rather than acting right away or finding a permanent solution. They seem to be taking it day by day with small increases and decreases in the stock market. Due to the small legislation and laws passed.  ]]> 2018-10-14 15:20:19 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/292544447 Post#5(October 14 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/292631206  This article talks about recent performance  on the market in terms of a rebound.  We see that stocks have rose 2.3 % in the Nasdaq. The S&P however, only increased 1.4 %  Tensions seem to have settled with issues regarding China.
 In classical economics we see that market failures are fixed by state interventions. We can see that this is due to small rapid growth of the economy. The market seems to be self regulating due to only small increases of growth. Letting only the market fix it self similar to the invisible hand with very little goverment help.  
  ]]> 2018-10-15 01:38:23 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/292631206 Post #6 (November 21 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309100758   This month America is guarding they're precious metals by imposing a tarrif on China. We see that China has been distributing these metals to these three countries France, Italy and Norway tariff free. Thousands of requests have been put on these countries to purchase steel and aluminum. Therefore there is still demand for there business.
  We see that trump has made trading more difficult by imposing tariffs on these countries bring the other nations down with a trade war. We see this trade war is hurting the countries GDP. We see that in class we learned about standards and currency exchange regulations. We see that there is a index for steel and aluminum and it has been down by 11%. Therefore this trader war seems to be hurting this sector. ]]> 2018-11-29 00:46:11 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309100758 Post#7(November 25 2018 charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309104099   This is another article with Americas trade war. We see this time, this article focuses the affects of the trade war both here in the United States and China. In this article we see an interview of a man interviewing the affects of this in China. The argument is that one was already placed leaving a devastating impact however the Trump administration plans putting another one. 
 This has to do with Trumps ideas of development. We see that the trade war has an impact between economic and social well being's of the nations affected by it. The trade war also affects the jobs in these big industries due to the fact that not as many goods are produced and will hurt the countries GDP. I believe that the trade war hurts the goals of development due to the fact that jobs will be lost, the GDP will decline, percent of people living in poverty will increase and the income inequality will be affected.]]> 2018-11-29 01:03:07 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309104099 Post #8 (November 25 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309106690   In this article we are talking about trumps position on brexit with Theresea May. We see that Trump and England have proposed a Bilateral trade agreement for 2020 increasing the trade between The United States and England. This will also allow the U.K to sign more trade deals.
 For the longest time the U.K was part of the European Union and have now chosen to branch off from the rest of the countries. SAP's have to be altered due to the fact that the U.K has chosen to branch off from these countries. We see that many monetary and fiscal policies will be shifted around. Along with diffrent rates of currencies and inflation. As well as new budgets due to the fact that they are now separate and on there own as a country rather than being apart of the European Union. ]]> 2018-11-29 01:18:21 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309106690 Post #9 (November 26 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309109181   This articles is talking about increasing interest rates with a 2.5 interest rate. We see that Fed chair Powell made this decsion on November 28th. We see this decisions has been made due to the fact that they need a new bench mark for lending money. We see that Powell is responding in an aggressive way to president Trump wanting to slow down the economy's expansion. 
 This article talks about the many institutions that are similar to the ones established by the Washington consensus. We see that the Federal reserve is not part of the United States goverment but has similar roles to governmental institutions like the World Bank and World Trade Organization. The Federal Reserve is the bank responsible for letting people barrow money at the interest rate they choose to give. The Federal Reserve is responsible for all the lending in this country.

]]> 2018-11-29 01:31:52 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309109181 Post #10 (November 26 2018) charan_gali239 https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309111205   Along with Nafta agreement in America. A issue of steel seems to be a concern in North America. We see that both the United States and Canada use lots of steel in manufacturing. Usually China is a big importer and exporter of steel. However we can see that rather than buying steel from them. Steel can be traded with country's in North America. Trump can remove tarrifs on steel from both Canada and Mexico allowing they're economies to thrive with this industry. 
  We see that the trade war is mostly affecting countries like China and Europe. However with this tariff being removed from Mexico and Canada steel can be bought more affordable with countries in the same continent. Steel is a also sold freely on the market in its own separate index. With its own pegged standard. Allowing this tariff to be removed this could benefit both the index and commodity itself. ]]> 2018-11-29 01:43:39 UTC https://padlet.com/charan_gali239/7fu7djwbip7i/wish/309111205