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      <title>Real Life Situations by </title>
      <link>https://padlet.com/m_chazara/nlmew94i4vs25owb</link>
      <description>Your post must include your name, the name of the main topic, a URL link to the news article, a summary of the news</description>
      <language>en-us</language>
      <pubDate>2024-08-20 01:53:38 UTC</pubDate>
      <lastBuildDate>2026-05-27 00:11:11 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>SCARCITY</title>
         <author>m_chazara</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3080740438</link>
         <description><![CDATA[<p>Because land is scarce, there is a trade-off between protecting the rainforest and using the space for other purposes: building colonies, cattle ranching, gold mining.</p><p>Though, land in the rainforest is less scarce than in big cities, which means the price of land is cheaper in the Amazon rainforest.</p><p><a rel="noopener noreferrer nofollow" href="https://www.nytimes.com/2024/08/19/world/americas/peru-amazon-mennonite-colonies.html?campaign_id=7&amp;emc=edit_mbae_20240819&amp;instance_id=132114&amp;nl=morning-briefing%3A-asia-pacific-edition&amp;regi_id=87703697&amp;segment_id=175556&amp;te=1&amp;user_id=2ef48076c5419a460de5ef6fde5814b7">Full article here</a>.</p>]]></description>
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         <pubDate>2024-08-20 01:56:28 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3080740438</guid>
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      <item>
         <title>Efficiency</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3087636184</link>
         <description><![CDATA[<p>Artificial intelligence is revolutionizing business efficiency across various sectors. Online stores use machine learning to analyze browsing behavior, purchase history, and even social media activity. For instance, Amazon’s AI and machine learning algorithms suggest items based on past purchases and viewed products, boosting sales and customer satisfaction. In physical stores, AI-powered kiosks offer custom recommendations and promotions based on shoppers’ preferences detected through loyalty programs or in-store interactions.</p>]]></description>
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         <pubDate>2024-08-26 01:02:36 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3087636184</guid>
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      <item>
         <title>CHOICE</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3102460142</link>
         <description><![CDATA[<p>Consumers spend a lot of money on meat and animal products. There is a recent demand for more sustainable food options. This has expanded the market to include these different food options and diets, allowing for more economic choice in the market.  As a result of this bigger market is also more sustainable and healthy for individuals and the environment. </p>]]></description>
         <enclosure url="https://www.wesleyanbusinessreview.com/recents/d327ilbct3iap02b5mvamj901vlj2c" />
         <pubDate>2024-09-04 16:11:21 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3102460142</guid>
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      <item>
         <title>Economic Wellbeing </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3105506601</link>
         <description><![CDATA[<p>Once one of the most of the most wealthy of nations, Argenina is current experiencing a economic crisis due to decades of poor economic policies involving economic isolationism and misallocation of recources. </p><p><br></p><p>Despite inflation causing, consumer prices to increase over 100%, and the Argentina Peso plummeting to the point that citizens must buy USD in the black market, the Argentianan government continues to overspend and overallocate recources on things such as welfare instead of infrastructure and technology.</p><p><br></p><p><br></p>]]></description>
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         <pubDate>2024-09-06 03:58:25 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3105506601</guid>
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      <item>
         <title>Intervention</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3121584142</link>
         <description><![CDATA[<p>Rent control is a government intervention for rent prices by setting a price ceiling that sets a maximum allowable rent for landlords to keep housing affordable. </p><p><br></p><p>For example, San Francisco's government enforces rent control laws to prevent excessive increases and displacement of tenants. The San Francisco Rent Ordinance limits annual rent increases tied to inflation, while state-level regulations apply to residential units not covered by the ordinance. These measures ensure long-term tenant protection and prevent displacement.</p>]]></description>
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         <pubDate>2024-09-16 12:20:09 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3121584142</guid>
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      <item>
         <title>Demand </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3131609274</link>
         <description><![CDATA[<p>When the iPhone 15 series was released, there was high demand, and there were various reasons for that. First, there were new features, but the price for the iPhone 15 series was the same as with the 14 series. Which gave the merit and reason for people to purchase it. The second reason was that the season that Apple releases the iPhone is September to October, which is close to holiday season, and this will lead to a higher demand rather than just some random days.&nbsp;Due to high demand, there were some people selling it at higher prices than the original price.</p>]]></description>
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         <pubDate>2024-09-22 14:04:17 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3131609274</guid>
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      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3132487664</link>
         <description><![CDATA[<p>Donald Trump is escalating his threats to increase tariffs on imports if he wins a second term in the White House, reviving fears of renewed trade wars that hit the global economy during his presidency.</p><p>Trump is reviving his “America first” economic agenda as he battles Democratic candidate Kamala Harris for the White House, and has vowed to impose a tariff of up to 20 per cent on all imported goods which are typically passed on to consumers. This increase can disproportionately affect low-income households who spend a larger portion of their income on necessities</p><p>If the tariffs are imposed, it can provide short-term benefits to specific industries and generate government revenue, they generally lead to higher consumer prices, reduced choices, and potential long-term economic inefficiencies.&nbsp;</p><p><br></p><p><a rel="noopener noreferrer nofollow" href="https://www.ft.com/content/ac708b43-64ae-45b8-b60d-997e7904086a">https://www.ft.com/content/ac708b43-64ae-45b8-b60d-997e7904086a</a></p>]]></description>
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         <pubDate>2024-09-23 05:26:17 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3132487664</guid>
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      <item>
         <title>Tariff</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3132732393</link>
         <description><![CDATA[<p>The Biden administration justified the tariffs by highlighting that Chinese EV manufacturers benefit from substantial government subsidies, enabling them to sell vehicles at lower prices without needing to turn a profit. This creates an uneven playing field for American manufacturer</p><p><br></p>]]></description>
         <enclosure url="https://www.reuters.com/business/us-locks-steep-china-tariff-hikes-many-start-sept-27-2024-09-13/" />
         <pubDate>2024-09-23 07:52:29 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3132732393</guid>
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      <item>
         <title>Income</title>
         <author>scho216</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3166756743</link>
         <description><![CDATA[<p>Vietnam is a well known country for the massive popularity in motorcycles. While there are many factors that led the Vietnamese citizens to choose the motorcycle, instead of a car, as their transportation, the biggest reason is known to be the low price of the motorcycles. Therefor, the motorcycles holds the traits of an inferior goods, and the cars are considered as the normal goods.</p><p><br/></p><p>In result, as explained in the law of deman (Income), the economic development in Vietnam has allowed the citizens to choose car as their transportation instead of the motorcycles. To support, the sales of car in Vietnam has tripled only in 13 years, demonstrating shift in demand, but the sales in motorcycles have not shown any significant increases.</p>]]></description>
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         <pubDate>2024-10-13 15:11:59 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3166756743</guid>
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      <item>
         <title>JeeMin Kim - Trade Protectionism</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3167239043</link>
         <description><![CDATA[<p>Canada has first introduced 100% tarrifs on Chinese EV to protect domestic industries. However, China contends that these tarrifs are protectionism that violates WTO rules. They believe Canada's recent tarrifs threaten the global trade stability and disrupt supply chains. </p>]]></description>
         <enclosure url="https://www.cnbc.com/2024/10/02/china-says-it-filed-an-appeal-to-wto-over-canadas-tariffs-on-evs-and-metals.html" />
         <pubDate>2024-10-14 01:35:52 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3167239043</guid>
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      <item>
         <title>Minsoo - Trade Protection</title>
         <author>mpark63_2</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3167707346</link>
         <description><![CDATA[<p>The EU has agreed to limit duty-free imports of certain Ukrainian agricultural products in response to protests from farmers. This deal extends tariff exemptions initially granted in 2022 and introduces "safeguards" for specific products to prevent market flooding. The EU's decision comes amid growing discontent among farmers, particularly in Poland, where protests against Ukrainian imports have escalated. This agreement is timely, occurring just months before the European Parliament elections, where farmer grievances could influence voter sentiment.</p>]]></description>
         <enclosure url="https://www.france24.com/en/europe/20240320-eu-reaches-deal-to-cap-ukraine-imports-of-poultry-corn-and-grain" />
         <pubDate>2024-10-14 06:39:22 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3167707346</guid>
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      <item>
         <title>Demand</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3168476113</link>
         <description><![CDATA[<p>As production costs increase due to a 20-40% rise in indirect taxes, the company's revenue has decreased by almost 30%, indicating a decrease in the quantity demanded for the beverage.<br><br>Producers are grappling with rising input costs as consumption demand declines. Exporters believe that a tax increase in any market conditions could corrupt the beverage industry. The government's response is to give the beverage industry until 2025 before implementing new laws.</p>]]></description>
         <enclosure url="https://en.vietnamplus.vn/special-consumption-tax-can-hurt-beverage-industry-post284162.vnp" />
         <pubDate>2024-10-14 15:15:54 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3168476113</guid>
      </item>
      <item>
         <title>Supply </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3180699653</link>
         <description><![CDATA[<p>During COVID-19, a massive amount of mask factories were opened in Korea, due to a lack of mask supplies in Korea at the start of COVID-19 mask factories came up as a rising business idea, and there were also news reports saying that people who created mask factories have earned lots of money, however as covid-19 seem to resolve the factories started having low profit and led then up to closing their factories.</p><p><br/></p><p>The demand of the masks had a huge downfall, due to the down fall of demand the factories had to create less supply. less supply means less profit which ended up to cloesing the factories.</p>]]></description>
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         <pubDate>2024-10-22 02:48:10 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3180699653</guid>
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      <item>
         <title>Change in exchange rate </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3192563984</link>
         <description><![CDATA[<p>In October 2023, the State Bank of Vietnam raised the reference rate by 0.2%, leading to a significant increase in the foreign exchange rate. This adjustment is attributed to external factors like inflation pressures and global economic shifts. Businesses, particularly in the import-export sector, are concerned about the declining value of the Vietnamese dong. The central bank aims to manage inflation and market stability while balancing economic growth and currency stability. Economists anticipate further adjustments in response to evolving external conditions.  </p>]]></description>
         <enclosure url="https://vietnamnews.vn/economy/1664863/foreign-exchange-rate-increases-again-in-october.html" />
         <pubDate>2024-10-29 13:49:32 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3192563984</guid>
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      <item>
         <title>Price Elasticity of Demand </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3197455105</link>
         <description><![CDATA[<p>During Trump's presidency, the former president began a crack down on imports of chinese steel by placing large tariffs. These traiff's greatly increased steel prices for companies in the construction sector. Hence, instead of getting cheap Chinese Steel, American corporations pay. This increase change in price (ΔP) greatly reduced the quanitity demanded (ΔQ). Resulting in a demand that is price elastic, A relationship repersented by: %ΔQ &gt; %ΔP. </p>]]></description>
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         <pubDate>2024-11-01 08:04:32 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3197455105</guid>
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      <item>
         <title>Income Elasticity of Demand (Manasa)</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3200979788</link>
         <description><![CDATA[<p>Over the past years, Vietnam's economy has been increasing income growth. This has resulted in Hanoi’s total retail sales of goods and consumer services revenue reaching 77.5 trillion, which is 10.7% higher than last year. In 2023, the average income rate was 7.1 million VND, and it is 7.6 million VND in 2024. This is a normal good, where the Income elasticity of demand (YED) is <strong>YED &gt; 0.</strong></p>]]></description>
         <enclosure url="https://en.vietnamplus.vn/hanois-retail-sales-services-revenue-up-94-in-october-post301407.vnp" />
         <pubDate>2024-11-04 18:16:38 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3200979788</guid>
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         <title>Businesses concerned about rising exchange rate pressure</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3201457283</link>
         <description><![CDATA[<p>Vietnamese businesses are worried about rising exchange rates, especially the USD/VNĐ rate, which is around VNĐ25,485. Despite the State Bank's efforts to stabilize the currency, costs remain high due to global pressures. This is particularly affecting sectors like seafood and beverages, leading companies to seek local sourcing and increase exports. Experts recommend using risk management tools for currency fluctuations and forming domestic partnerships to reduce import reliance.</p><p><strong>Share</strong></p><p><strong>Rewrite</strong></p>]]></description>
         <enclosure url="https://vietnamnews.vn/economy/1654408/businesses-concerned-about-rising-exchange-rate-pressure.html" />
         <pubDate>2024-11-05 01:24:57 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3201457283</guid>
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      <item>
         <title>Minsoo - Government Intervention for Exchange Rate</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3210453310</link>
         <description><![CDATA[<p>Cuba faces serious depreciation of its currency, the Cuban Peso, which has greatly affected citizens' ability to buy basic goods. The article discusses Cuba's confusing three fixed exchange rates. There is a government, discretionary, and official exchange rate for the dollar. The government plans to intervene and adjust the exchange rate so that there aren't discrepancies between the official and informal exchange rate. In addition, the government plans to increase tariffs which will help to appreciate the Cuban peso by reducing imports. Finally, the article mentions Cuba's efforts in stabilizing its currency by also exchanging petrol for foreign currency which will ultimately help stabilize the economy. </p>]]></description>
         <enclosure url="https://www.dw.com/en/cubas-economic-crisis-will-a-paradigm-shift-help/a-67878705" />
         <pubDate>2024-11-11 03:37:07 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3210453310</guid>
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      <item>
         <title>Government intervention </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3214272950</link>
         <description><![CDATA[<p>Tariffs were placed on EVs (electric vehicles) from China by the US in order to protect the US market of EVs. The Biden administration has raised tariffs from 25% to 100%. As tariffs increase, the cost of importing EVs will rise, leading to a decrease in the quantity demanded (affecting PED negatively). Domestic producers will benefit from reduced competition, increasing their supply and market share which could enhance PES in the long run.</p>]]></description>
         <enclosure url="https://www.nytimes.com/2024/05/10/us/politics/us-biden-china-tariffs-electric-vehicles.html" />
         <pubDate>2024-11-13 02:07:41 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3214272950</guid>
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         <title>Mira - Preferential Trade Agreement </title>
         <author>mpisarchuk1</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3222557754</link>
         <description><![CDATA[<p>The governments of Maldives and Turkey have signed a Preferential Trade Agreement (PTA). This PTA will reduce barriers to trade and increase bilateral trade. The PTA covers products including food and beverages, fish products, materials, and furniture. The Maldives will experience significant tariff reductions on over 100 items including zero tariffs on several fish products, allowing fish exporters to access and expand to the Turkish market. Türkiye is a market with a wide range of consumer and industrial goods, which means that the PTA would directly benefit citizens through lower prices on Turkish consumer goods, wider product choices in the local market, and new job opportunities for workers. </p>]]></description>
         <enclosure url="https://raajje.mv/159751" />
         <pubDate>2024-11-18 16:48:46 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3222557754</guid>
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      <item>
         <title>Young Woo - Balance of Payments</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3224455674</link>
         <description><![CDATA[<p>India has been struggling with a consistent trade deficit, importing much more goods and services then it exports. Notably, the country's trade deficit with China has risen 13% over the fiscal year. Despite the use of protection policies to restrict Chinese imports, India has imported even more drawing concerns of India's dependency on Chinese imports.</p>]]></description>
         <enclosure url="https://www.livemint.com/economy/india-trade-deficit-china-april-october-import-curbs-manufacturing-ev-electronic-components-computer-hardware-telecom-11731666359202.html" />
         <pubDate>2024-11-19 15:07:50 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3224455674</guid>
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      <item>
         <title>Uy - Preferential Trade Agreement </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3227262627</link>
         <description><![CDATA[<p>Iran and Tajikistan are working to enhance their bilateral trade relations by speeding up a preferential trade agreement and eliminating visa requirements. During a recent meeting in Tehran, the two leaders discussed the untapped trade potential and the need for closer collaboration between their businesses and firms. Iran's capabilities in various sectors such as engineering, food industries, and information technology were emphasized, while Zohidi noted that trade volume has increased by ten times since 2020, aiming to reach $1 billion.</p>]]></description>
         <enclosure url="https://www.tehrantimes.com/news/506519/Reaching-PTA-a-prerequisite-for-boosting-Iran-Tajikistan-trade" />
         <pubDate>2024-11-21 01:56:22 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3227262627</guid>
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      <item>
         <title>Price Ceiling</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3235113268</link>
         <description><![CDATA[<p>The Venezuelan government set a price ceiling for gasoline to tackle the severe economic challenge of hyperinflation. This made fuel more affordable for consumers, but also increased the chances of black market. Since the price of gasoline was easily affordable for residents, particularly in border states like Táchira and Zulia, residents smuggled Venezuela's gasoline to Colombia to sell at a higher price.</p>]]></description>
         <enclosure url="https://www.bloomberglinea.com/english/what-is-the-real-price-of-gasoline-in-venezuela/" />
         <pubDate>2024-11-26 14:55:06 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3235113268</guid>
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      <item>
         <title>Dat - International Trade </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3242730771</link>
         <description><![CDATA[<p><a rel="noopener noreferrer nofollow" class="body_anchor" href="https://www.firstpost.com/world/united-states/as-trump-vows-america-first-what-is-in-store-for-china-and-india-in-indo-pacific-13833584.html">Trump had promised to raise tariffs to the tune of 60 per cent or higher on China</a> on the top of levies currently in place. He has already pledged to hike the tariffs by 10 per cent for China’s role in the fentanyl epidemic in the United States.</p><p><br/></p><p>In recent years, <a rel="noopener noreferrer nofollow" class="body_anchor" href="https://www.firstpost.com/world/alarmed-china-over-trump-victory-plans-to-choke-chip-industry-13836187.html">China has not just come to dominate the world in manufacturing but also the supply of critical components</a> for manufacturing, which means that China has a critical place in several industrial supply chains. If and when Trump would mount his tariff war, China would flex its supply chain centrality.</p><p><br/></p><p>In recent weeks, China blocked US drone major Skydio’s access to batteries made in China which crippled the company’s drone production, affecting its supply to various customers, including the US military.</p>]]></description>
         <enclosure url="https://www.firstpost.com/world/china-to-respond-to-trump-tariff-war-with-supply-chain-war-13840072.html" />
         <pubDate>2024-12-02 13:32:12 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3242730771</guid>
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      <item>
         <title>misallocation </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3243862793</link>
         <description><![CDATA[<p>There is the phenomenon of ghost cities in China, highlighting how speculative investments and rapid urbanization have resulted in numerous uninhabited urban areas.Local governments around the country tried to juice and stimulate their economies by building more infrastructure and stimulating the property market. This seemingly wasteful construction is carried out by both state-owned firms and private companies. In result there are 64 million empty apartments. </p>]]></description>
         <enclosure url="https://www.abc.net.au/news/2018-06-27/china-ghost-cities-show-growth-driven-by-debt/9912186?utm_source=chatgpt.com" />
         <pubDate>2024-12-03 03:08:39 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3243862793</guid>
      </item>
      <item>
         <title>Develop economics</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3244072196</link>
         <description><![CDATA[<p>Ethiopia has made notable progress in economic growth and poverty alleviation over the past 20 years, largely driven by significant public investments in infrastructure and social initiatives. Nevertheless, this advancement faces threats from current issues such as high inflation, foreign currency shortages, and the effects of climate change. The country's financial system is predominantly publicly owned, featuring policies like minimum reserve requirements, regulated interest rates, and capital controls. While some experts criticize these policies for creating inefficiencies and push for liberalization and austerity measures, Oberholzer and Haylemariam warn that such strategies could compromise Ethiopia's development gains. They advocate for preserving the developmental financial system and introducing focused economic reforms to navigate present challenges, fostering sustainable and inclusive growth.</p>]]></description>
         <enclosure url="https://blogs.lse.ac.uk/internationaldevelopment/2024/06/27/finance-economic-stability-and-green-growth-in-ethiopia/" />
         <pubDate>2024-12-03 05:59:17 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3244072196</guid>
      </item>
      <item>
         <title>Price floor</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3251676759</link>
         <description><![CDATA[<p>Russian exporters are adjusting to a new reported minimum price floor for wheat exports to unofficially at $250 per metric ton FOB, alongside a mandate requiring that sales be conducted exclusively by Russian exporters. This price floor aims to prevent low-priced sales and combat the recent trend of aggressive discounting by new exporters. Before in March 2023, an unofficial price floor was first known to the market at $275 per metric ton FOB.</p>]]></description>
         <enclosure url="https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/101424-russia-sets-wheat-price-floor-urges-direct-sales-as-prices-hit-3-month-high" />
         <pubDate>2024-12-09 01:09:02 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3251676759</guid>
      </item>
      <item>
         <title>Development Economics</title>
         <author>spark401</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3255273333</link>
         <description><![CDATA[<p>Australia is experiencing its most significant decline in living standards since the 1950s, with real disposable income falling by 8.7% since the March 2022 quarter. This decline surpasses those seen during previous recessions, including the inflation crisis of the 1970s and the COVID-19 pandemic. The situation is particularly challenging for the Albanese Government, which promised to lower living costs but now faces mounting household struggles and potential delays in interest rate cuts. Analysts highlight that this unprecedented drop in living standards, the worst among OECD countries, could have serious political repercussions as public discontent grows.</p>]]></description>
         <enclosure url="https://cathnews.com/2024/11/25/australia-suffers-worst-decline-in-living-standards-since-1950s/" />
         <pubDate>2024-12-11 06:23:49 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3255273333</guid>
      </item>
      <item>
         <title>Sieun Park - Development Economics</title>
         <author>spark401</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3255273721</link>
         <description><![CDATA[<p>The article from CathNews reports that Australia is experiencing its most significant decline in living standards since the 1950s, with real disposable income falling by 8.7% since the March 2022 quarter. This decline surpasses those seen during previous recessions, including the inflation crisis of the 1970s and the COVID-19 pandemic. The situation is particularly challenging for the Albanese Government, which promised to lower living costs but now faces mounting household struggles and potential delays in interest rate cuts. Analysts highlight that this unprecedented drop in living standards, the worst among OECD countries, could have serious political repercussions as public discontent grows.</p>]]></description>
         <enclosure url="https://cathnews.com/2024/11/25/australia-suffers-worst-decline-in-living-standards-since-1950s/" />
         <pubDate>2024-12-11 06:24:19 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3255273721</guid>
      </item>
      <item>
         <title>Market failure</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3269042681</link>
         <description><![CDATA[<p>The Epipen is medication that can help decrease your body's allergic reaction, however, Mylan Pharmaceuticals, the company producing EpiPen significantly increased its prices from $100 to $608 for a two-pack. But with an increase of 600% in price, there were no alternative goods for Epipen, which meant the patients had to accept the price and purchase it to protect their life. This situation showed the failure of the free market to regulate monopolistic behavior and that created the insufficient prices for essential goods.&nbsp;</p>]]></description>
         <enclosure url="https://padlet-uploads.storage.googleapis.com/3198167647/22b49319d36e4637f69580dee3655410/image.png" />
         <pubDate>2024-12-20 16:07:53 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3269042681</guid>
      </item>
      <item>
         <title>Interest Rate</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3435763220</link>
         <description><![CDATA[<p>In the Philippines, the inflation of the market has eased after placing high interest rates on the market. However, while inflation reduced and the price stabilized, the economic growth was lower than the expected. Therefore, the Philippine Bank decided to cut interest rate in the hope of increasing aggregate demand, resulting in economic growth.</p>]]></description>
         <enclosure url="https://www.reuters.com/markets/asia/philippine-cbank-take-measured-approach-easing-inflation-steadies-2025-02-05/" />
         <pubDate>2025-05-05 00:46:50 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3435763220</guid>
      </item>
      <item>
         <title>monetary policy</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3451950099</link>
         <description><![CDATA[<p>Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of Istanbul's opposition mayor and economic uncertainty provoked by US President Donald Trump's sweeping tariffs.</p><p><br></p><p>Because of the tariff the SRAS has been increased, so that monetary policy is tightened to decrease AD.  </p>]]></description>
         <enclosure url="https://www.france24.com/en/live-news/20250417-turkish-central-bank-raises-interest-rate-to-46-percent" />
         <pubDate>2025-05-15 05:53:42 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3451950099</guid>
      </item>
      <item>
         <title>fiscal policy</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3455744543</link>
         <description><![CDATA[<p>The Vietnamese government has imposed an expansionary fiscal policy by lowering the VAT percentage. This increases aggregate demand by encouraging consumption, this increases spending because consumers face lower prices. Therefore, increasing economic growth.</p>]]></description>
         <enclosure url="https://en.vietnamplus.vn/government-proposes-2-pp-vat-reduction-on-select-goods-and-services-until-2026-post319289.vnp" />
         <pubDate>2025-05-18 14:19:38 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3455744543</guid>
      </item>
      <item>
         <title>Unempolyment</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3464438703</link>
         <description><![CDATA[<p>Germany's unemployment has increased to 6.4% at the start of 2025. Therefore, 11,000 more people have became unemployed from December to January, summing to nearly 2.993 million unemployed individuals, which is a rise of 187,000 compared to the previous year. Factors that have caused the rise are seasonal job losses and cyclical unempolyment. Many temporary contracts have ended, and weather-dependent jobs are less available during winter. Manufacturing downturn and productivity crisis have also caused cyclical unemployment.</p>]]></description>
         <enclosure url="https://www.euronews.com/business/2025/01/31/germanys-unemployment-rate-rises-to-highest-level-in-almost-a-decade" />
         <pubDate>2025-05-23 05:44:42 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3464438703</guid>
      </item>
      <item>
         <title>Income inequality</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3468219550</link>
         <description><![CDATA[<p>Vietnam is facing a host of challenges as its people would grow old before getting rich. The National Assembly and the Government have issued new policies on social benefits and employment to ensure income for elderly people. Social assistance policies aimed at supporting the elderly without pensions often provide only minimal aid, insufficient to fully cover their income gaps. The ministry has included a specific section dedicated to employment support for the elderly. Accordingly, older laborers who are still capable and willing to work will receive state assistance in training, certification of national vocational skills, employment counseling, job seeking, and access to loans.</p>]]></description>
         <enclosure url="https://en.vietnamplus.vn/vietnam-must-tackle-elderly-employment-aging-and-wealth-inequality-post301632.vnp" />
         <pubDate>2025-05-27 01:31:07 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3468219550</guid>
      </item>
      <item>
         <title>Government intervention on income inequality. </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3468890830</link>
         <description><![CDATA[<p>In recent years, Sweden has faced rising income inequality and increased cost of living, which particularly affecting families, young adults and immigrants. A key issue has been housing affordability, especially in urban areas where rent prices have rised. In response, the Swedish government introduced the housing allowance (Bostadsbidrag), a means-tested subsidy helping low-income households to cover rent. Additionally, growing concerns over child poverty led to the continuation and expansion of the child allowance (Barnbidrag), supporting all families with children regardless of income. For long-term unemployment, the government provides subsidized job placements. These interventions aim to promote equity and reduce relative poverty.</p><p>4o</p>]]></description>
         <enclosure url="https://www.theguardian.com/inequality/2017/jul/17/peoples-home-sweden-waged-war-inequality-rich-poor-gothenburg" />
         <pubDate>2025-05-27 07:27:14 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3468890830</guid>
      </item>
      <item>
         <title>Tax cuts USA</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3475350182</link>
         <description><![CDATA[<p>Passes in a 215-214 vote</p><p>Would add $3.8 trillion to the US debt</p><p>Would cut green-energy incentives, fund Trump deportation push</p><p>tax on public goods&nbsp;</p><p><strong>increase the income gap- make rich people more rich</strong></p>]]></description>
         <enclosure url="https://www.reuters.com/world/us/us-house-republicans-set-pre-dawn-votes-get-trump-tax-bill-over-finish-line-2025-05-22/" />
         <pubDate>2025-06-02 01:15:35 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3475350182</guid>
      </item>
      <item>
         <title>Scarcity</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3545415810</link>
         <description><![CDATA[<p>In West Jakarta’s, clean tap water is extremely unreliable constantly shutting off for up to two days. This scarcity forces residents to rely on marked up bottled water. While parts of central and southern Jakarta enjoy reliable and cheap piped water, many northern and western neighborhoods still struggle with limited access, this shows the inequalities in the city’s water distribution and how scarcity can affect daily life.</p><p><a rel="noopener noreferrer nofollow" href="https://www.kompas.id/artikel/en-air-bersih-masih-langka-di-jakarta-mati-dua-hari-sudah-biasa">Full article</a></p>]]></description>
         <enclosure url="https://www.kompas.id/artikel/en-air-bersih-masih-langka-di-jakarta-mati-dua-hari-sudah-biasa" />
         <pubDate>2025-08-17 14:23:45 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3545415810</guid>
      </item>
      <item>
         <title>Scarcity</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3545445677</link>
         <description><![CDATA[<p>As the supply of the rice is limited in Japan, their is a balance of stockpiling rice for food security against fulfilling day-to-day requirement for consumption. Japan therefore has the choice of importing additional rice, using stockpiles, or limiting exports. These policies each have their own affects as prices rise for families, the government pays more in imports, and farmers stress. Even though rice remains in Japan, shortage drives up prices, reducing spending power of the household for anything else. </p>]]></description>
         <enclosure url="https://www.abc.net.au/news/2025-08-17/rice-crisis-in-japan-us-tariffs-prices-double-amid-rice-shortage/105628382?utm_source=chatgpt.com" />
         <pubDate>2025-08-17 15:40:35 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3545445677</guid>
      </item>
      <item>
         <title>Change</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3552280449</link>
         <description><![CDATA[<p>This article talks about the current success and uprise of Spain's economy due to tourism, foreign investment and immigration. Spain's GDP is expected to rise by 2.5% this year compared to it's European neighbours with an expected GDP rise of not even 1%. Apart from the surge in Spain's economy, the article also presents issues such as rising cost of living, divided political scene, climate change and more. Near the final 3rd of the article, Spain's investment in green energy is mentioned, and Spain's benefitting from low energy costs was also mentioned. This article connects to change due to the article mentioning how Spain's GDP has changed to evolved while also mentioning how it's challenges are changing to be more concerning.</p>]]></description>
         <enclosure url="https://www.cnbc.com/2025/08/23/why-spains-economy-is-doing-so-well.html" />
         <pubDate>2025-08-23 09:15:52 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3552280449</guid>
      </item>
      <item>
         <title>Choice and Scarcity </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3553996555</link>
         <description><![CDATA[<p>Syria is facing its worst drought in over 6 decades, and it's had severe consequences for the agricultural sector, specifically in terms of wheat. The drought has led to a decrease of over 30% in irrigated wheat production, and damage to almost all rainfed wheat crops. This amounts to a deficit in wheat production of over 2.5 million tons, affecting approximately 16 million people. The Syrian government must now choose between importing wheat at a significant cost or focusing on more drought-resistant crops. </p>]]></description>
         <enclosure url="https://www.reuters.com/world/middle-east/historic-drought-wheat-shortage-test-syrias-new-leadership-2025-08-18/" />
         <pubDate>2025-08-25 14:52:47 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3553996555</guid>
      </item>
      <item>
         <title>Scarcity</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3560030218</link>
         <description><![CDATA[<p>In the west part of Africa, the cocoa production, a supplier of over 60% of the world’s chocolate, is facing the worst crisis. Extreme weather conditions and fungal diseases have cut coca yields by up to 40% in Ghana and Ivory Coast.&nbsp; Global prices of chocolate will more than double in 2024-2025, forcing chocolate factories like Hershey and Nestle to raise prices or to shrink the product sizes. While the consumers worldwide pay more for the chocolates, many of the cocoa farmers still earn less than $1 a day highlighting the scarcity of cocoa and the inequalities in global supply chains. This problem leaves the government to make a choice to either invest in sustainable farming or risk further supply collapse and environmental damage as farmers clear new land.</p>]]></description>
         <enclosure url="https://apnews.com/article/chocolate-prices-hershey-lindt-cocoa-tariffs-f597cd39672a05a3cac3b170a5541431" />
         <pubDate>2025-08-29 04:49:30 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3560030218</guid>
      </item>
      <item>
         <title>Scarcity</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3565320237</link>
         <description><![CDATA[<p>This article talks about the current South Korean birthrate. Over the past 10 years, Korea has had one of the lowest birth rates; therefore, the company called "Booyoung" decided to give $70,000 for the childbirth bonus. From 2015 to 2023, the birthrate increased by about 0.72 ~ 0.75%. After the pandemic, the birth rate started to increase, rising 11% after the pandemic. However, this data is also the lowest birthrate; therefore, the company decided to give 10 more vacation days for the child. This article connects to scarcity due to the article mentioning how the seriously low birthrate can give challenges and solutions for this issue.</p>]]></description>
         <enclosure url="https://www.reuters.com/world/asia-pacific/south-koreas-policy-push-springs-life-worlds-lowest-birthrate-rises-2025-02-26/" />
         <pubDate>2025-09-02 16:44:57 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3565320237</guid>
      </item>
      <item>
         <title>Change</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3569214867</link>
         <description><![CDATA[<p>Trump’s tariff on importing overseas, especially carmakers has relatively increased the price of cars within the US and caused a decline in car companies’ profits. Trump’s high tariffs aim to relocate assembly lines to the United States from other countries. However, the sinking profits create challenges for what Trump wants them to do, because companies will have less money to invest in new factories and equipment. In conclusion, the change in the economy will eventually showcase how economies adapt and evolve over time.</p>]]></description>
         <enclosure url="https://www.nytimes.com/2025/08/09/business/trump-tariffs-car-prices.html" />
         <pubDate>2025-09-04 16:12:10 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3569214867</guid>
      </item>
      <item>
         <title>Scarcity in Vietnam’s labour force</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3573050893</link>
         <description><![CDATA[<p>Vietnam is facing challenges with both surplus and shortage of workers. While there is an oversupply of low-skilled workers (taking up 70% of the workforce) who lack formal training, there is also a shortage of skilled professionals, particularly in technical and managerial roles. This issue largely comes from an education system that over emphasizes theory over practical skills, leaving many if not most graduates unprepared for the demands of the job in the market. As a result, businesses struggle to find qualifies talents despite offering competitive salaries, while a large portion of the workforce remains unemployed. Therefore, addressing this imbalance requires reforms in education, increased investments in practical training, and a stronger focus on skill development. </p>]]></description>
         <enclosure url="https://vietnamnet.vn/en/vietnam-s-labour-force-experiences-both-surplus-and-scarcity-2351707.html" />
         <pubDate>2025-09-08 03:40:46 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3573050893</guid>
      </item>
      <item>
         <title>Scarcity: Colorado River Basin</title>
         <author>clee1316</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3583672987</link>
         <description><![CDATA[<p>The Colorado River Basin is an example of scarcity. While the Colorado River Basin is a vital resource for over 40 million people across seven U.S. states and Mexico, its water supply is limited due to prolonged drought worsened by climate change. This crisis is a result of several factors. A 1922 compact, &nbsp;known as the "Law of the River," was based on an overestimation of the river's water supply. This has led to an unsustainable situation where the river is consistently over-allocated. In addition, a two-decade-long drought and rising temperatures, both exacerbated by climate change, have further reduced water availability.&nbsp;These factors have caused the water levels in major reservoirs, such as Lake Mead, to drop significantly. </p>]]></description>
         <enclosure url="https://iee.psu.edu/news/blog/colorado-river-crisis-water-shortages-climate-change-and-sustainable-management" />
         <pubDate>2025-09-14 10:29:55 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3583672987</guid>
      </item>
      <item>
         <title>My Attmpet at Exchange Rate</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3586679897</link>
         <description><![CDATA[<p>Title: Vietnam’s central bank sells $1.5 bln to stabilize currency: broker MBS</p><p><br></p><p>Yesterday, the Vietnamese centrial bank sold $1.5 bln to ease pressure on the Vietnamese dong. This action came after a 1.4% decrease from early August due to expectation of rate cuts and volatile politcal landscape. </p><p><br></p><p>The sale was initally effective as it increased the VND per USD. </p><p><br></p><p>"We forecast the average USD/VND exchange rate to range between VND26,600-26,750 in 2025, marking a 4.5-5% increase from the start of the year,”</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4377997573/cdb049647a457404ac6a7ba5bc9f121b/Screenshot_2025_09_16_092334.png" />
         <pubDate>2025-09-16 03:00:04 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3586679897</guid>
      </item>
      <item>
         <title>Demand by Bao Nam Nguyen</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3587307254</link>
         <description><![CDATA[<p>The introduction to the brand new iPhone 17 generated some excitement due to its new features and Apple's strong brand loyalty. The high demand is explained from customer's willingness to buy at this certain price. For example: pre order stats, where it is often shown that newer models sell out immediately, displaying customer interest. Additionally, having the newer models of the iPhone can sometimes be seen as a status symbol, often indicating whether a person is wealthy or not, which can increase demand as people want to attain the latest model to align with this norm. Finally, apple's marketing and advertisement strategies can create excitement for the new iPhone/product launches. Influencing the consumers to purchase the latest model.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4350229966/8b5ba7fefead709096283cd911f0732c/IPHONE_17.webp" />
         <pubDate>2025-09-16 09:10:46 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3587307254</guid>
      </item>
      <item>
         <title>Supply and Demand IRL</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3589472538</link>
         <description><![CDATA[<p>In 2025, the lithium battery market faces a complex supply-demand situation. Despite earlier oversupply and price drops, recent production cuts in major lithium mining regions are tightening supply. This is driven by a slower-than-expected EV adoption rate in some regions like Europe and the US, combined with strong demand growth in China, the world’s largest EV market. The lithium supply chain remains fragile due to long mining project timelines, geographic concentration in Australia and South America, and environmental concerns like water scarcity. This imbalance is pushing manufacturers to seek alternatives and expand recycling efforts, all while global lithium demand is expected to nearly quintuple by 2030 fueled by the EV revolution.</p>]]></description>
         <enclosure url="https://upload.wikimedia.org/wikipedia/commons/e/ea/Lithium-Ion_Battery_for_BMW_i3_-_Battery_Pack.JPG" />
         <pubDate>2025-09-17 08:54:41 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3589472538</guid>
      </item>
      <item>
         <title>Tariffs (Trump)</title>
         <author>jcho5_6</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3596017669</link>
         <description><![CDATA[<p>Trump's tariffs have significantly raised the cost of imported goods, leading to higher consumer prices and increased production costs for industries such as airlines and consumer good importers, and sectors that rely on imports like electronics and semiconductors. By July 2025, the tariff had generated about $124 billion in revenue for the US government. Tariff rates vary ranging from 15 percent on Japan and the European Union to 50 percent on Brazil.</p>]]></description>
         <enclosure url="https://www.aljazeera.com/economy/2025/7/31/what-has-been-the-impact-of-trumps-tariffs-so-far" />
         <pubDate>2025-09-21 17:27:25 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3596017669</guid>
      </item>
      <item>
         <title>Supply</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3598706382</link>
         <description><![CDATA[<p>Since 2024, there has been a Cocoa Crisis where a sharp decrease in supply from major producers like Ivory Coast and Ghana lead to cocoa prices increasing to historic highs. Specifically, extreme weather, crop diseases, and aging trees reduced supply while farmers struggled to afford replanting and fertilizers. As a result of the shortage, consumer prices increased.  </p><p><br/></p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4424291067/763ca01cbb5c59b13eb49cb9f7e06834/Screenshot_2025_09_23_at_9_38_50_AM.png" />
         <pubDate>2025-09-23 02:45:17 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3598706382</guid>
      </item>
      <item>
         <title>shortage of housing in hcmc - Tom Nguyen </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3607603345</link>
         <description><![CDATA[<p>There is a shortage of housing in HCMC, more specifically lower class apartments for the working class and for lower-middle income families in HCMC. The government failed to reach their target of having 226k+ apartments from 2021-2025, having only met 24% of their target goal, therefore leaving a shortcoming of 180k units. There are also too many expensive apartments which doesn't work in favor of the consumers that are demanding cheaper, lower class apartments. This leads to prices rising due to demand rising with fixed supply. </p>]]></description>
         <enclosure url="" />
         <pubDate>2025-09-28 12:51:12 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3607603345</guid>
      </item>
      <item>
         <title>Law of supply - Daniel Park</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3607689220</link>
         <description><![CDATA[<p>In the U.S. in 2025, beef and cattle prices have reached record highs as ground beef recently sold at around $6.32 per pound, and overall beef prices rose up to 13.9% year over year. This happened largely because of a tight supply. There are fewer cows due to frequent droughts and restrictions on cattle imports, so farmers cannot sell as much beef. However, demand remained strong as consumers are still willing to buy beef even at high price levels. This situation illustrates the law of supply: when supply decreases, price goes up, ceteris paribus. It could also potentially show the law of demand can be tested: if prices rise enough, some consumers might cut back, but so far that hasn’t happened significantly in this market.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4459051416/7818ed3b6650554ada9a17e07256f360/8133.avif" />
         <pubDate>2025-09-28 14:32:07 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3607689220</guid>
      </item>
      <item>
         <title>Intervention - Damiano Piro</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3639328158</link>
         <description><![CDATA[<p>On Friday October 10th, 2025, Donald Trump would announce that he would put extra 100% tariff on Chinese imports and "over and above any Tariff that they are currently paying" starting on November 1st, 2025. This announcement came after he threatened to add a massive increase of tariffs on all Chinese imports in retaliation for new controls that China imposed on exports of rare earth minerals from that nation. Nearly every products that is imported into the U.S. from China faces deep tariffs. (Example: 50% on steel and alluminum and 7.5% on consumer goods from China) </p><p>Donald Trump has imposed tariffs on U.S imports before this before by imposing 10% reciprocal tariffs on imports globally and U.S  what was known was "Liberation Day" in early April 2025 and it targeted major U.S trading partners, with many countries being charged and taxed for obtaining imported goods from the U.S.</p>]]></description>
         <enclosure url="https://www.cnbc.com/2025/10/10/trump-trade-tariffs-china-software.html" />
         <pubDate>2025-10-19 12:18:30 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3639328158</guid>
      </item>
      <item>
         <title>PED</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3644087480</link>
         <description><![CDATA[<p>outh Africa’s cigarette market. Between 1961 and 1991, the government kept excise taxes low, resulting in a 45% decline in real cigarette prices. As prices dropped, cigarette consumption rose dramatically—by nearly 245%—showing that cigarettes were price elastic in that period, as PED: 5.44. This high elasticity occurred because cigarettes during that period were relatively affordable and not heavily taxed, making them a non-essential good for many consumers. However, when taxes increased by about 535% after 1991, prices rose by around 245%, and cigarette consumption fell by roughly 43%. This demonstrated that as the product became more expensive, consumers significantly reduced their purchases.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4601860219/55098a94ea7c30f4042058e4c42d5a21/Screenshot_2025_10_22_at_7_30_41_AM.png" />
         <pubDate>2025-10-22 00:30:54 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3644087480</guid>
      </item>
      <item>
         <title>PED</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3644172886</link>
         <description><![CDATA[<p>One clear real-life example of price elasticity of demand can be seen in South Africa’s cigarette market. Between 1961 and 1991, the government kept excise taxes low, which caused real cigarette prices to fall by about 45%. As prices dropped, cigarette consumption rose dramatically—by nearly 245%—showing that cigarettes were price elastic in that period, as PED=5.44. However, when taxes increased by about 535% after 1991, prices rose by around 245%, and cigarette consumption fell by roughly 43%. This demonstrated that as the product became more expensive, consumers significantly reduced their purchases. This high elasticity occurred because cigarettes during that period were relatively affordable and not heavily taxed, making them a non-essential good for many consumers. </p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4602098865/98161d9940649f39492f1211fbf3a8b4/Screenshot_2025_10_22_at_7_30_41_AM.png" />
         <pubDate>2025-10-22 01:13:12 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3644172886</guid>
      </item>
      <item>
         <title>Price Elasticity of Demand</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3653758746</link>
         <description><![CDATA[<p>Coffee prices in the U.S. are rising quickly, now averaging $9.14 per pound in September—up 3% from August and 41% from last year. This increase has led coffee shop owners like Nikki Bravo to raise their prices by 15% because their costs for beans and supplies have gone up.</p><p><br/></p><p>Several factors are causing these price hikes, including tariffs on coffee imported from Brazil, Colombia, and Vietnam, which are reducing supply. Additionally, climate change and bad weather have hurt coffee production worldwide.</p><p><br/></p><p>To address these issues, a bipartisan group in Congress has suggested a bill to remove these tariffs, saying they are harmful to consumers. </p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4635779297/5ab6f51fd6901f3c40b04586fa0dafd3/Screenshot_2025_10_28_at_10_11_19.png" />
         <pubDate>2025-10-28 03:15:52 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3653758746</guid>
      </item>
      <item>
         <title>PED &amp; YED</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3656989427</link>
         <description><![CDATA[<p>The article discusses the rapid expansion of powerful GLP-1 weight-loss drugs from rich nations into large, populous emerging markets, especially India and China. Although the current price of the product in India, for example, is only one-third of the US price, its proportion relative to the country's income is still high. Therefore, it is considered a luxury good in India, where consumer demand tends to be more elastic. The new medications they are developing will be significantly cheaper, priced at about a third of the cost.</p>]]></description>
         <enclosure url="https://www.economist.com/business/2025/10/28/weight-loss-drugs-are-spreading-across-the-world" />
         <pubDate>2025-10-29 16:46:40 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3656989427</guid>
      </item>
      <item>
         <title>Government Intervention - Jacob </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3662020184</link>
         <description><![CDATA[<p>Presentation: <a rel="noopener noreferrer nofollow" href="https://docs.google.com/presentation/d/1ypcSzgfWffFz5H1aWmRAp130XOjewvN2vNoUZ1mt0lk/present?slide=id.p">https://docs.google.com/presentation/d/1ypcSzgfWffFz5H1aWmRAp130XOjewvN2vNoUZ1mt0lk/present?slide=id.p</a></p><p><br></p><p>The article discusses how Vietnam has begun a directive to address Hanoi's air pollution, which sees to cease all fossil-fueled vehicles on Hanoi's ring roads by 2030. The reason is due to the fact that an estimate of 60% of air pollution comes from the diesel and gas vehicles. To help ensure the directive takes place, local authorities call on electric vehicle suppliers to provide support for vehicle replacements, as well as price subsidies. This allows electric vehicles to be produced more, and cheaper availability to customers, and on top of the new directive beginning to take place, all incentivizes to get an electric vehicle. </p>]]></description>
         <enclosure url="https://vietnamnet.vn/en/hanoi-seeks-price-subsidies-from-ev-firms-for-gasoline-vehicle-owners-2424298.html" />
         <pubDate>2025-11-02 15:15:57 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3662020184</guid>
      </item>
      <item>
         <title>Government Intervention - Daniel</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3663675074</link>
         <description><![CDATA[<p>Earlier this year, on January, Spain had faced a serious housing shortage, especially in cities like Madrid and tourist areas such as Ibiza. Rent prices have skyrocketed as many landlords turn homes into tourist rentals, leaving fewer options for local residents. In order to address this, Prime Minister Pedro Sánchez proposed new government interventions, including a 100% property tax on non-EU foreigners buying homes, higher taxes on tourist apartments, and subsidies and tax breaks for landlords who rent at lower prices. These actions are examples of government intervention in markets. More specifically, government’s effort to control housing demand and support affordability for the domestic customers though some people argue that the real issue (the low housing supply) remains unresolved.</p>]]></description>
         <enclosure url="https://www.economist.com/europe/2025/01/16/spains-proposed-house-tax-on-foreigners-will-not-fix-its-shortage" />
         <pubDate>2025-11-03 14:42:38 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3663675074</guid>
      </item>
      <item>
         <title>trade agreements </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3665255072</link>
         <description><![CDATA[<p>This article discusses a new U.S.-China trade agreement that aims to ease tensions from their recent trade war. China will lift export restrictions on automotive computer chips, which had caused major supply chain disruptions. The agreement also includes steps to resume U.S. soybean exports to China, pause Chinese export controls on rare earth minerals, and address the fentanyl trade. This shows how trade effects one sector and by reopening supply chains and restoring export markets that had been restricted during the trade war.</p>]]></description>
         <enclosure url="https://www.bbc.com/news/articles/cy5qgy93w9go" />
         <pubDate>2025-11-04 08:14:05 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3665255072</guid>
      </item>
      <item>
         <title>Government Intervention (Subsidies) - Jessica Nguyen</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3672744028</link>
         <description><![CDATA[<p>Thailand’s government has launched the "Let’s Go Halves" campaign to help people spend more and support the economy. From 20 October 2025, three groups can get extra money through the Pao Tang app. Low-income households get 2,000 baht, taxpayers 2,400 baht when they spend 2,000 baht, and non-registered taxpayers 2,000 baht.</p><p><br/></p><p>This is an example of a subsidy, where the government pays part of the cost for people to encourage certain behavior, in this case, consumer spending. By covering a large portion of their daily expenses, the government motivates households to shop more, which increases demand for goods and services. By directly subsidizing spending, the government aims to increase economic activity, maintain employment, and prevent debt deflation, especially when Thailand’s economy is growing slowly, exports are weaker, and prices aren’t rising. </p>]]></description>
         <enclosure url="https://www.thestar.com.my/aseanplus/aseanplus-news/2025/09/30/thai-govt-unveils-plan-to-revive-economy-proposes-lets-go-halves-and-debt-relief" />
         <pubDate>2025-11-08 09:49:51 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3672744028</guid>
      </item>
      <item>
         <title>Trade agreements</title>
         <author>scho216</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3677761242</link>
         <description><![CDATA[<blockquote><p>The Chinese customs has adjusted their tariffs on each goods. While tariff on some products will be decreased, the tariffs on some items, such as sugar syrup and sugar-containing premixes, vinyl chloride, and battery separators, will rise in response to domestic industrial development and changes in supply and demand. The changes aim to encourage imports of related goods, enhance domestic competitiveness, foster technological progress, ensure economic stability, and improve people's livelihoods.</p></blockquote>]]></description>
         <enclosure url="https://www2.yicaiglobal.com/news/china-to-adjust-import-tariffs-from-next-year" />
         <pubDate>2025-11-11 17:26:14 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3677761242</guid>
      </item>
      <item>
         <title>Government Intervention</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3680296332</link>
         <description><![CDATA[<p>In 2022, UK implemented the Plastic Packaging Tax (PPT) which applies a charge to plastic packaging that contains less than 30% recycled plastic. Businesses that manufacture or import 10 tonnes or more of plastic packaging per year must register and pay the tax. The tax is designed to create an economic incentive for businesses to use more recycled plastic in their packaging.</p>]]></description>
         <enclosure url="" />
         <pubDate>2025-11-13 02:14:28 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3680296332</guid>
      </item>
      <item>
         <title>Seungmin (Government intervention)</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3685344102</link>
         <description><![CDATA[<p>In 2025, Vietnam placed a price cap on electricity. Experts warn of power shortages and blackouts by 2026, noting that over 170 renewable energy projects are stuck because investors see low profitability under the current pricing system. </p><p><br/></p><p>This is an example of price control since the low price prevents the market from reaching equilibrium, since quantity supplied cannot keep up with rising demand.</p><p><br/></p><p><br/></p>]]></description>
         <enclosure url="https://vietnamnet.vn/en/vietnam-s-power-sector-choked-by-price-controls-faces-looming-energy-crisis-2451067.html" />
         <pubDate>2025-11-17 02:06:42 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3685344102</guid>
      </item>
      <item>
         <title>Balance of Payments</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3695099855</link>
         <description><![CDATA[<p>Indonesia’s balance of payments deficit desmontrates weaknesses in the current account and financial account. The current account deficit deepened as lower global demand and falling prices reduced export revenues, shrinking the trade surplus and worsening the external balance. At the same time, the capital and financial account deficit shows portfolio investment outflows, as global uncertainty pushed investors toward safer assets, reducing inflows needed to finance the current account gap. Together, the fall in export earnings and capital outflows place downward pressure on the rupiah, increasing the challenge for policymakers to maintain external stability in the short run.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/4794090673/d9915ed91a5246363714eed4ed29e83f/indonesia.webp" />
         <pubDate>2025-11-23 16:39:07 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3695099855</guid>
      </item>
      <item>
         <title>Nguyen (Government Intervention -&gt; Price Ceilings)</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3696581464</link>
         <description><![CDATA[<p>This article shows how Greece government  has tackled the high prices of food, household and baby products. One measure that the government has took is to "impose a cap on the gross profit margin of companies producing baby milk powder." They decided to implement a "7% profit cap on baby formula"</p><p><br/></p><p>This is an example of price control, more specifically price ceilings. The profit cap contributes directly to the maximum price firms can assign for the product. Although not directly tackling the actual price of the product, the realationship between the price it takes to produce it vs the profit the product gains helps show that there is a inherent maximum price imposed to the product while satisfying the 7% profit condition. </p>]]></description>
         <enclosure url="https://www.euronews.com/business/2024/01/12/greece-tackles-greedflation-and-wages-war-against-high-prices-on-basic-food-products?utm_source=chatgpt.com" />
         <pubDate>2025-11-24 17:01:08 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3696581464</guid>
      </item>
      <item>
         <title>Improoved standard of living </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3709841328</link>
         <description><![CDATA[<p>Costa Rica has been growing fast recently; its economy grew about 4.3% in 2024, which is high . They are not relying on old-school agriculture anymore. Instead, it’s becoming a high-tech hotspot.</p><p>A lot of big tech and medical-device companies have moved in, and Costa Rica is focusing on innovation, green energy, and skilled workers. The country is basically showing that you can grow your economy and stay sustainable at the same time.</p>]]></description>
         <enclosure url="https://www.euronews.com/business/2025/06/02/costa-ricas-quiet-rise-as-latin-americas-high-tech-hub?utm_source=chatgpt.com" />
         <pubDate>2025-12-04 06:08:47 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3709841328</guid>
      </item>
      <item>
         <title>Developed Country </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3709845717</link>
         <description><![CDATA[<p>Costa Rica has been growing fast recently; its economy grew about 4.3% in 2024, which is high. They are not relying on old-school agriculture anymore. Instead, it’s becoming a high-tech hotspot.</p><p>A lot of big tech and medical-device companies have moved in, and Costa Rica is focusing on innovation, green energy, and skilled workers. The country is basically showing that you can grow your economy and stay sustainable at the same time.</p>]]></description>
         <enclosure url="https://www.euronews.com/business/2025/06/02/costa-ricas-quiet-rise-as-latin-americas-high-tech-hub?utm_source=chatgpt.com" />
         <pubDate>2025-12-04 06:12:20 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3709845717</guid>
      </item>
      <item>
         <title>Production &amp; consumption that causes a global / social issue </title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3714667544</link>
         <description><![CDATA[<p>E-commerce generates 68% of single-use plastic waste</p><p><br/></p><p>A survey conducted in five provinces in Vietnam shows that single use plastic waste from e-commerce packaging increased from 44% in 2020 to 68% in 2025. </p><p><br/></p><p>The article shows that e-commerce companies create large amounts of single use plastic packaging, and consumers continually buy online and accept excessive packaging. This leads to the major global environmental problem of plastic pollution. </p><p><br/></p><p><br/></p><p><br/></p>]]></description>
         <enclosure url="https://vnexpress.net/thuong-mai-dien-tu-thai-ra-68-rac-nhua-dung-mot-lan-4937804.html" />
         <pubDate>2025-12-08 15:27:36 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3714667544</guid>
      </item>
      <item>
         <title>Barriers to Economic Development</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3717103373</link>
         <description><![CDATA[<p>Zimbabwe is in a debt crisis, with its external debt exceeding US $23 billion. This heavy debt burden is forcing the government to spend a large share of its budget on repayments instead of on development areas like infrastructure, education, or healthcare.</p><p>The crisis is also harming key sectors like mining, where fears of asset seizures by international creditors are reducing investor confidence and causing FDI to fall. So, economic growth slows, jobs are lost and long-term development is blocked.</p><p>Indebtedness limits government spending and scares away investment, making it a barrier to sustainable development.</p>]]></description>
         <enclosure url="https://serrarigroup.com/zimbabwes-external-debt-exceeds-23-billion-as-imf-uncovers-2-billion-discrepancy-in-official-figures/" />
         <pubDate>2025-12-10 03:16:31 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3717103373</guid>
      </item>
      <item>
         <title>Barriers to Economic Development - Geographical Factors</title>
         <author>jcho5_6</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3746698971</link>
         <description><![CDATA[<p>Bolivia is a landlocked country after it lost its coastline to Chile during the 1884 war. This lack of access to the sea limits its economic growth by raising trade expenses and separating it from worldwide shipping markets. Being landlocked increases Bolivia’s transport costs as these are higher on land than on sea. Plus, land transport charges are often subject to monopoly pricing in neighbouring countries. Because of this, most landlocked countries are economically disadvantaged – on average, the growth rate of landlocked countries is three and a half percentage points lower than that of other countries.</p>]]></description>
         <enclosure url="https://theconversation.com/bolivia-landlocked-how-lack-of-ports-hinders-economic-growth-104672" />
         <pubDate>2026-01-11 11:26:12 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3746698971</guid>
      </item>
      <item>
         <title>Negative externalities of alcohol consumption in Vietnam</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3747987531</link>
         <description><![CDATA[<p>The government of Vietnam wants to reduce the negative externalities from the alcohol consumption (increased mortality rate), where MPB&gt;MSB. So, to address this issue, government plans to rise indirect taxes on alcohol consumption from the current 65% to 70% by 2027 and ultimately to 90% by 2031. As a result, the supply curve would shift upwards, and consumption would decrease due to higher price, getting closer to the Q_opt. </p>]]></description>
         <enclosure url="" />
         <pubDate>2026-01-12 13:55:00 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3747987531</guid>
      </item>
      <item>
         <title>Negative externalities of coal-fired electricity production in China</title>
         <author>ilee2_18</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3748912629</link>
         <description><![CDATA[<p>In China, coal-fired electricity generation creates negative externalities such as air pollution and health problems, meaning that marginal social cost (MSC) exceeds marginal private cost (MPC). As producers ignore these external costs, electricity is overproduced at the market equilibrium. The socially optimal level of output, Qopt, is lower than the free-market level. To reduce this externality, government measures such as carbon taxes and emission regulations increase production costs, reducing output and moving the market closer to Qopt.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/3379571946/7b08fa684b3e79113f02ff4de07f023f/Screenshot_2026_01_13_at_11_47_52_AM.png" />
         <pubDate>2026-01-13 04:49:03 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3748912629</guid>
      </item>
      <item>
         <title>Cutting vaccine recommendations in the United States - positive externality of consumption, defeated</title>
         <author>vduong1</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3755169164</link>
         <description><![CDATA[<p>Vaccines are the best preventative tool society has against many (now preventable) diseases such as hepatitis B, malaria, COVID-19, etc. Even for those who do not vaccinate (usually a willful decision made based on misinformation), they are protected by herd immunity as a result of the people around them getting vaccinated. This is a positive externality of consumption, where a higher MSB than MPB (at every price point) means that vaccine consumption should increase, i.e. demand for it should increase and more resources should be allocated towards it. There is welfare to be gained by carrying out those measures.</p><p><br/></p><p>This is the attitude most of society holds, save for antivaxxers, who mistakenly believe that the negative effects (some bordering on conspiracy) outweigh the positive effects and choose not to vaccinate or get their children vaccinate. For them, vaccines carry a <strong>negative</strong> externality consumption, where a lower "MSB" than MPB (at every price point) means that vaccine consumption, should, actually, decrease (or be at zero). "Welfare" is actually lost.</p><p><br/></p><p>What's happening in the United States is peculiar. The country has recently experienced a distinct (mostly-Republican) departure from Biden's administration to Trump's administration, bringing with it many changes. One of them is removing several vaccines from the list of recommendations for babies - signaling that vaccines are either unnecessary or actively harmful to their children, theoretically reducing its demand. The gap between the optimal quantity of vaccination and the equilibrium quantity of vaccination widens, losing more welfare.</p><p><br/></p><p>Considering that vaccines are a merit good, and that the United States has various vaccine programs designed to get vaccines out to more of the population at a low cost or at no cost, the United State is directly provisioning vaccinations, implying that vaccines are a merit good that they've turned into a public good. This move to nudge vaccine consumers and reduce its demand is thus, controversial and maybe even contradictory - should a merit good not be provided more? Is there not a welfare gain to be had by correcting the positive externality of consumption? </p>]]></description>
         <enclosure url="https://www.bbc.com/news/articles/ceqzlvg83wgo" />
         <pubDate>2026-01-19 02:23:37 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3755169164</guid>
      </item>
      <item>
         <title>Strategies of Economics Development</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3756483958</link>
         <description><![CDATA[<p>Inward Foreign Direct Investment (IFDI) from the Korean MNC's to Hanoi.</p><p><br/></p><p>Samsung has invested in Hanoi via:</p><ol><li><p>Construction of the Oversea R&amp;D Hub </p></li><li><p>(Additional) Lotte West lake Samsung centre</p></li></ol><p> </p><p>LG has invested in Hanoi via:</p><ol><li><p>Upgrading the R&amp;D center it established in Hanoi in 2016 to an official corporation in 2023</p></li></ol>]]></description>
         <enclosure url="https://www.businesskorea.co.kr/news/articleView.html?idxno=259674" />
         <pubDate>2026-01-20 02:41:00 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3756483958</guid>
      </item>
      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3763763015</link>
         <description><![CDATA[<p>Injections of foreign currency and aid for infrastructure projects provide immediate employment and stimulate local demand.</p><p>Targeted aid for food security and health clinics directly improves life expectancy and quality of life for the most vulnerable.</p>]]></description>
         <enclosure url="https://unama.unmissions.org/en" />
         <pubDate>2026-01-26 02:08:53 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3763763015</guid>
      </item>
      <item>
         <title>Removal picnic tables, benches from parks, Excludable and rivalrous Goods.</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3765651647</link>
         <description><![CDATA[<p><strong>Rivalry:</strong><br>The situation in Firehouse Park demonstrates rivalry because the space and its amenities can only be used by a limited number of people at one time. When certain individuals were occupying the picnic tables and benches for long periods, others were unable to use them, meaning one group’s consumption directly reduced the ability of others to enjoy the park. This congestion and overuse turned the park into a rivalrous good, since access to seating, shade, and gathering areas became scarce. The city’s decision to remove the benches was meant to reduce this rivalry by preventing any single group from dominating the space and limiting the conflict that arose from competing uses.</p><p><strong>Excludability:</strong><br>Public parks are normally non-excludable because it is difficult to stop people from entering or using them. However, by removing the picnic tables and benches, the city effectively increased excludability without putting up fences or charging fees. The lack of seating discourages people from staying for long periods, indirectly excluding behaviors the city views as problematic. While no one is formally banned from the park, the change in design makes the space less accessible and less attractive for certain users, showing how excludability can be created through physical and environmental controls rather than direct rules.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/5092332493/7e1aa90a2762e48fdfa79f829809abc1/image.png" />
         <pubDate>2026-01-27 06:26:25 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3765651647</guid>
      </item>
      <item>
         <title>Free rider problem</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3772840364</link>
         <description><![CDATA[<p>My real life situation is about defence spending in Europe where countries work together through NATO to stay safe but some countries are willing to spend  more on defence than others but all countries receive the same protection and in Europe many countries spend around 2% of GDP on defence while some countries spend around 4% of GDP and this shows that a few countries pay much more while others pay less and still benefit and this is a free rider problem because countries that spend less still get protection paid for by others and defence is a public good because everyone benefits and no country can be excluded and this creates a positive externality because when one country increases defence spending other allies also benefit and on the graph MSB &gt; MPB so defence spending is lower than what is best for society which shows market failure</p>]]></description>
         <enclosure url="https://www.epc.eu/publication/the-free-ride-is-over-but-whitaker-stresses-ongoing-us-engagement-in-nato/?utm_source=chatgpt.com" />
         <pubDate>2026-02-02 01:34:32 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3772840364</guid>
      </item>
      <item>
         <title>Ho Chi Minh Electric Vehicle</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3798514283</link>
         <description><![CDATA[<p>My real life situation is the use of subsidies, regulation and legislation for the use growth of the EV market in Ho Chi Minh City. In the article. This is done to solve the market failure caused by petrol vehicles resulting in a NEC. This is because petrol vehicles cause air pollution and other stuff that causes MPB &gt; MSB as the costs of consuming petrol vehicles is not fully reflected in the individual but is instead spread to society. With the use of subsidies for EV vehicles it will drive down demand for petrol vehicles because of a determinant of demand known as price of substitute goods. Since EV's will be cheaper, there will be less incentive to buy petrol vehicles. </p>]]></description>
         <enclosure url="" />
         <pubDate>2026-02-23 13:21:17 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3798514283</guid>
      </item>
      <item>
         <title>Unemployment</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3812273341</link>
         <description><![CDATA[<p>Unemployment rates in the united kingdom is expected to increase to about 5.3% in 2026, with unemployment of young people reaching a staggering 16%. This shows that young workers are disproportionately affected, which leads to slower economic growth, showing, which is predicted to be around 1.1%. </p><p><br/></p><p>When economic growth slows, aggregate demand decreases  the overall demand for goods produced domestically, including consumer goods, services, and capital goods decreases), leading firms to reduce hiring and lower sales. </p><p><br/></p><p>Simultaneously, when labor costs increase, such as increases in minimum wages and labor related taxes, it may affect firms by discouraging them from employing young people or inexperienced individuals, but contributes to the structural unemployment (a mismatch between worker's skills and the jobs that are available in the economy). </p><p><br/></p><p>In conclusion, this situation displays the strong correlation between low economic growth and rising unemployment.</p>]]></description>
         <enclosure url="" />
         <pubDate>2026-03-04 23:48:29 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3812273341</guid>
      </item>
      <item>
         <title>Inflation Rate</title>
         <author>pnguyen43</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3812527449</link>
         <description><![CDATA[<p>In the United States, inflation has moderated but remains above target<strong>, </strong>affecting everyday prices such as housing, food, and services. According to recent government data, the <strong>Consumer Price Index </strong>(an estimate of the level of prices of goods and services bought for consumption purposes by households) <strong>increased by about 2.4 % from last year to January 2026</strong>, showing that prices continue to rise compared with a year earlier. The inflation rate is about 2.5%. This shows that prices for many everyday goods and services are still increasing. Even though inflation is lower than before, it is still above the Governments 2% goal, meaning the cost of living is still rising for many people.</p>]]></description>
         <enclosure url="https://www.forbes.com/advisor/investing/current-inflation-rate/?" />
         <pubDate>2026-03-05 02:42:59 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3812527449</guid>
      </item>
      <item>
         <title>Guyana - one countries with highest expansion rate</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3819356915</link>
         <description><![CDATA[<p>Guyana is currently one of fastest growing nation in the world with GDP expanding by 10.3% in 2025 and projected massive growth through 2028. The reason for such rapid expansion is the discovery of large offshore oil reserves, which allowed the  large scale oil production and exports. Such rapid expansion increased the foreign investment,  government revenue, and created new infrastructure for jobs. As a result, national output and income are rising rapidly.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/5290019218/c70089f744f32e4e2b031d3ae14380a6/Screenshot_2026_03_10_at_19_25_39.png" />
         <pubDate>2026-03-10 12:33:24 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3819356915</guid>
      </item>
      <item>
         <title>China fears rising unemployment rate</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3819642933</link>
         <description><![CDATA[<p>As millions of migrant workers travel home for the Lunar New Year, the Chinese government fears that many may not return to city jobs afterward. In the past, rural migrants could easily find work in construction and manufacturing in large cities. However, China’s economic slowdown and problems in the property sector have reduced these job opportunities, causing some workers to return home earlier or struggle to find work.</p><p><br></p><p>When an economy grows, more jobs are created in industries, which attracts migrant workers to cities. However, during a slowdown, investment decreases, fewer buildings are constructed, factories reduce production, thus unemployment rises. This appears to be happening in China, especially with the ongoing weakness in the property market.</p><p><br></p><p>At the same time, more workers (especially young workers) are choosing to stay closer to home for family and lifestyle reasons, even if wages are lower. While this may improve quality of life for individuals, it could slow China’s economic growth because migrant workers have historically been a major source of labor that fueled urban development and industrial expansion.</p>]]></description>
         <enclosure url="https://www.economist.com/china/2026/01/26/china-fears-a-flood-of-unemployed-workers-in-rural-areas" />
         <pubDate>2026-03-10 15:26:25 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3819642933</guid>
      </item>
      <item>
         <title>Nguyen - Aggregate Demand</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3853838716</link>
         <description><![CDATA[<p>In the U.S, retail sales (total value of goods/services sold to consumers) are facing a decline. Although sales are still increasing. They have been slowly declining shown when retail sales in November to December dropped from 3.3% to 2.4%. Additionally, furniture stores sales decreased 0.9% and sales from clothing retailers dropped 0.7%. Another factor contributing to the decline is inflation in the economy. </p><p><br/></p><p>This article indicates a potential decline in GDP, more specifically consumer expenditure, a major determinant in aggregate demand. Decreasing retail sales potentially indicates a decrease in consumer confidence &amp; household wealth. Hence, the AD curve (Aggregate Demand) shifts to the left. </p>]]></description>
         <enclosure url="https://www.bbc.com/news/articles/cg7e8ven7r7o" />
         <pubDate>2026-04-06 05:21:34 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3853838716</guid>
      </item>
      <item>
         <title>Nguyen - Aggregate Demand</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3853841816</link>
         <description><![CDATA[<p>In the U.S, retail sales (total value of goods/services sold to consumers) are facing a decline. Although sales are still increasing. They have been slowly declining shown when retail sales in November to December dropped from 3.3% to 2.4%. Additionally, furniture stores sales decreased 0.9% and sales from clothing retailers dropped 0.7%. Another factor contributing to the decline is inflation in the economy.</p><p><br/></p><p>This article indicates a potential decline in GDP, more specifically consumer expenditure, a major determinant in aggregate demand. Decreasing retail sales potentially indicates a decrease in consumer confidence &amp; household wealth. Hence, the AD curve (Aggregate Demand) shifts to the left.</p>]]></description>
         <enclosure url="https://www.bbc.com/news/articles/cg7e8ven7r7o" />
         <pubDate>2026-04-06 05:23:13 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3853841816</guid>
      </item>
      <item>
         <title>Determinants of AD</title>
         <author>rliu23_5</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3857469178</link>
         <description><![CDATA[<p>U.S. stock futures jumped early Wednesday after <a rel="noopener noreferrer nofollow" href="https://www.cnbc.com/donald-trump/">President Donald Trump</a> said he was <a rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2026/04/07/trump-iran-ceasefire-hormuz-strait.html">suspending Iran attacks</a> for two weeks just ahead of his 8 p.m. ET deadline, pausing a five-week conflict that closed a crucial waterway for global energy supply and sent equity prices reeling.</p><p><a rel="noopener noreferrer nofollow" href="https://www.cnbc.com/quotes/@DJ.1/">Futures tied to the Dow Jones Industrial Average</a> rose by over 1,000 points, or 2.29%. <a rel="noopener noreferrer nofollow" href="https://www.cnbc.com/quotes/@SP.1/">S&amp;P 500 futures</a> added 2.52%, and <a rel="noopener noreferrer nofollow" href="https://www.cnbc.com/quotes/@ND.1/">Nasdaq 100 futures</a> climbed 3.2%.</p><p><a rel="noopener noreferrer nofollow" href="https://www.cnbc.com/quotes/@CL.1/">West Texas Intermediate crude futures</a> tumbled about 14% to $97.17 a barrel following Trump’s declaration. International benchmark <a rel="noopener noreferrer nofollow" href="https://www.cnbc.com/quotes/@LCO.1/">Brent for June delivery</a> lost more than 12% to $95.55 per barrel.</p>]]></description>
         <enclosure url="" />
         <pubDate>2026-04-08 05:44:57 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3857469178</guid>
      </item>
      <item>
         <title>Seungmin Choi  - Government cutting tax</title>
         <author>schoi14_2</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3865893530</link>
         <description><![CDATA[<p>Vietnam’s National Assembly is considering a proposal to cut fuel-related taxes to zero until June 30, 2026. This proposal aims to reduce rising fuel prices caused by Middle East tensions, which have disrupted global oil supply and increased oil costs in Vietnam.</p><p>The government had already introduced short-term tax cuts in late March 2026, but now seeks a longer-term solution to control inflation and support businesses and households. The proposal would take effect from April 16 to June 30, 2026, with possible adjustments depending on future global oil conditions.</p>]]></description>
         <enclosure url="https://en.vietnamplus.vn/national-assembly-weighs-fuel-tax-cuts-to-zero-through-june-2026-post340821.vnp" />
         <pubDate>2026-04-14 04:14:45 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3865893530</guid>
      </item>
      <item>
         <title>Oil inflation</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3868738532</link>
         <description><![CDATA[<p>This article talks about the ways in which the US-Israel-Iran conflict is impacting the world economy, particularly through the rise of oil prices. It shows how the supply of oil has been affected by conflicts in the Middle East, leading to a rise in prices worldwide. Oil is an important resource for production and transportation, which raises corporate expenses and fuels inflation.</p><p><br/></p><p>As a result, firms cut back on supply when production costs rise, which raises price and reduces economic output.</p>]]></description>
         <enclosure url="https://www.opendemocracy.net/en/iran-trump-israel-oil-iran-india/" />
         <pubDate>2026-04-15 13:10:20 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3868738532</guid>
      </item>
      <item>
         <title>Oil inflation</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3868746389</link>
         <description><![CDATA[<p>This article talks about the ways in which the US-Israel-Iran conflict is impacting the world economy, particularly through the rise of oil prices. It shows how the supply of oil has been affected by conflicts in the Middle East, leading to a rise in prices worldwide. Oil is an important resource for production and transportation, which raises corporate expenses and fuels inflation</p><p><br/></p><p>As a result, firms cut back on supply when production costs rise, which raises price and reduces economic output.</p><p><br/></p><p><br/></p>]]></description>
         <enclosure url="https://www.opendemocracy.net/en/iran-trump-israel-oil-iran-india/" />
         <pubDate>2026-04-15 13:15:10 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3868746389</guid>
      </item>
      <item>
         <title>Negative Supply Shocks and Fed Hold</title>
         <author>jmin22</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3874105699</link>
         <description><![CDATA[<p>The Reuters article shows we are in a negative supply shock because the Middle East war is hiking oil costs and making production more expensive. Because of this, Deutsche Bank in Germany expects the the Federal Reserve System to keep rates high through 2026 to avoid a 'price spiral.' Essentially, the Fed is justifying these high rates as a way to keep inflation under control while the economy deals with these rising costs.</p>]]></description>
         <enclosure url="https://www.reuters.com/business/deutsche-bank-expects-fed-hold-rates-2026-2026-04-17/" />
         <pubDate>2026-04-19 17:04:56 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3874105699</guid>
      </item>
      <item>
         <title>Philippine&#39;s monetary policy</title>
         <author>jlee881</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3881692854</link>
         <description><![CDATA[<p>In 2026, the Bangko Sentral ng Pilipinas raised interest rates to 4.5% in order to control rising inflation in the Philippines. Officials now see inflation averaging about 6.3% this year, above their 2%–4% target, which is driven by higher global oil and food prices. By making borrowing more expensive, the central bank aimed to reduce spending and investment, which helps slow down price increases. Although this policy may weaken economic growth in the short run, it is used to stabilize inflation and maintain long-term economic confidence.</p>]]></description>
         <enclosure url="https://finimize.com/content/philippines-central-bank-hikes-rates-as-fuel-inflation-heats-up" />
         <pubDate>2026-04-23 14:24:53 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3881692854</guid>
      </item>
      <item>
         <title>Monetary policy in 2020, USA</title>
         <author>ilee2_18</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3882310087</link>
         <description><![CDATA[<p>Federal Reserve in the United States cut interest rates during the COVID-19 pandemic in 2020. By lowering the federal funds rate to near zero, the central bank aimed to make borrowing cheaper for businesses and households, encouraging spending and investment. This expansionary monetary policy was intended to support economic activity during the downturn, helping firms stay afloat and reducing unemployment, although it also contributed to later concerns about rising inflation.</p>]]></description>
         <enclosure url="https://padlet-uploads-usc1.storage.googleapis.com/3379571946/66457803ed68f989c04e61902c54da2e/Screenshot_2026_04_24_at_8_05_39_AM.png" />
         <pubDate>2026-04-24 01:06:35 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3882310087</guid>
      </item>
      <item>
         <title>Rate</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3897879212</link>
         <description><![CDATA[<p><strong>"Central Banks Pivot: Lower Rates to Stimulate 2025 Growth"</strong><br>In early 2025, the <a rel="noopener" class="H23r4e" href="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp260504_1~c7601bf295.en.html"><strong>European Central Bank (ECB)</strong></a> and other major central banks confirmed a decisive shift in policy. After achieving "victory over inflation," officials moved to cut rates to ensure everyday people and businesses could afford to spend again. While high rates were necessary to cool down an "overheated" economy (reducing demand-pull inflation), the 2025 cuts are designed to boost a domestic market that remains a key driver for sustainable growth. <br></p>]]></description>
         <enclosure url="" />
         <pubDate>2026-05-05 04:40:54 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3897879212</guid>
      </item>
      <item>
         <title>Inflation</title>
         <author>jasonbinguyen2009</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3897917904</link>
         <description><![CDATA[<p>In 2026, many households across the UK are feeling the effects of rising food prices that began during the cost of living crisis in 2021. For example, a family of four in Manchester now spends significantly more on basic groceries than they did just a few years ago.</p><p><br></p><p>Foods such as beef, olive oil, eggs, and milk have seen some of the largest price increases. The cost of beef alone has risen over 60%, while olive prices have more than doubled due to supply shortages which are connected to extreme whether in regions that are producing them. As a result, the family's weekly grocery bill has increased from around 120 USD in 2021 to over 175 USD in 2026. So that's around 3.1 million VND to around ~4.6mil. </p><p><br></p><p>The rising costs are driven by higher energy prices, increased transportation costs, and climate related disruptions like droughts and floods which are affecting the food production. For families that are on the lower income side, this means cutting back on food quantity or switching to cheaper and less nutritious alternatives.</p><p><br></p><p>According to economists, this situation reflects a broader inflationary pressure in the economy, where shocks, such as global conflicts, pandemics, and climate change as we have seen before, pushed up the cost of essential goods faster than wages can keep up. </p><p><br></p><p>Hence, the affordability of food became a growing concern and a key economic issue.</p>]]></description>
         <enclosure url="https://www.theguardian.com/business/2026/may/04/uk-food-prices-rise-cost-of-living-crisis-beef-olive-oil-inflation" />
         <pubDate>2026-05-05 05:25:43 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3897917904</guid>
      </item>
      <item>
         <title>Government policy - Seungmin Choi</title>
         <author>schoi14_2</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3905419039</link>
         <description><![CDATA[<p>In 2026, the United Kingdom government faced debate over its fiscal policy, which suggested replacing strict fiscal targets with a more flexible traffic light system for managing public finances. Instead of focusing only on fixed debt and borrowing goals, the new system would evaluate multiple economic indicators to guide policy decisions. By allowing greater flexibility in government spending and borrowing, policymakers hope to support long-term economic stability while avoiding harmful cuts to public services and investment. However, critics argue that loosening fiscal rules could reduce confidence in the government’s ability to control national debt.</p>]]></description>
         <enclosure url="https://www.reuters.com/world/uk/uk-should-drop-fiscal-goals-new-traffic-light-system-ifs-says-2026-02-19/" />
         <pubDate>2026-05-10 13:23:40 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3905419039</guid>
      </item>
      <item>
         <title>Monetary policy</title>
         <author>hchoi32_2</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3909748270</link>
         <description><![CDATA[<p>In 2025, Bank of England (BoE) to cut interest rates from 4% to 3.75% due to stagnated economic growth and unstable labour market. The bank attempted to stimulate economic activity through increasing consumption and investment. However, concerns were raised as this may result in persistent inflation and later, stagnation in economic growth.</p>]]></description>
         <enclosure url="https://www.reuters.com/world/uk/bank-england-lowers-rates-after-tight-vote-signals-caution-about-further-cuts-2025-12-18/" />
         <pubDate>2026-05-13 01:31:19 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3909748270</guid>
      </item>
      <item>
         <title>Demand-side Fiscal Policy</title>
         <author>achoi32_3</author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3927909113</link>
         <description><![CDATA[<p>The United States has recently announced a combination of personal and business tax cuts aimed at stimulating economic growth. According to Keynesian economics, lower income taxes would increase disposable income and consumption, shifting aggregate demand to the right and increasing real output in the short run. Neoclassical economists, however, argue that in the case of demand-side tax cuts the economy would eventually self-correct back to its original level of output, with the main effect being higher inflation in the long run. The policy also includes business tax incentives that encourage investment, productivity and capital formation. Therefore it may increase productive capacity and shift LRAS to the right allowing for long-run economic growth with less inflationary pressure.</p>]]></description>
         <enclosure url="https://www.reuters.com/business/finance/tax-changes-loom-large-us-economy-2026-2025-12-29/" />
         <pubDate>2026-05-25 01:39:38 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3927909113</guid>
      </item>
      <item>
         <title>UK and income inequality</title>
         <author></author>
         <link>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3930495996</link>
         <description><![CDATA[<p>The Help to Buy scheme was a policy introduced by the government of the United Kingdom in 2013 to help more people, especially first-time buyers, purchase homes. The government provided financial assistance through equity loans, making it easier for people to enter the housing market. However, despite its good intentions, the policy unintentionally contributed to greater income and wealth inequality. The article states that many of the benefits were received by higher-income households who were already in a position to buy homes. As these households were able to purchase properties sooner and benefit from rising house prices, they accumulated wealth more quickly than lower-income groups. At the same time, the increased demand for housing contributed to higher property prices, making homeownership even less affordable for many people. This case demonstrates how government policies can sometimes have unintended consequences and widen economic inequality rather than reduce it.</p>]]></description>
         <enclosure url="https://www.theguardian.com/commentisfree/2026/apr/23/the-guardian-view-on-help-to-buy-entrenching-housing-inequalities-rather-than-helping" />
         <pubDate>2026-05-27 00:11:10 UTC</pubDate>
         <guid>https://padlet.com/m_chazara/nlmew94i4vs25owb/wish/3930495996</guid>
      </item>
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