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Economics

Minimum Wage Increases Guarantee Robotic Industry Investments

Currently there are many cities, counties and states consider a minimum wage hike. Why? Well it is simple really every time there is an election a podium pushing politician will totally ignore free market realities and real world economic in order to appease the voters and therefore call for increased wages. Many liberals think this is fair, because people should have a fair wage.


Gasoline Prices to Rise as BP Finds Leak in Alaskan Pipeline

The Alaskan Pipeline has apparently seen better days and so has Americans gasoline prices. Now we find that due to; Damaging corrosion prompts Alaskan Oil Pipeline Closure; show headlines. Expect oil prices to rise, as this is some 400,000 barrels taken out of the market and that is a lot of oil indeed. What does this mean? Well it means $80.00 plus per barrel or more.


The Great Depression: Why It Spread World Wide

The Great Depression was the worst economic slump ever in U.S. history, and one which spread to virtually the entire industrialized world. In this article I will spread some light on why The Great Depression became a global phenomena.


Understanding Emissions Trading and Global Warming

It goes without saying that there is often an inherent conflict between science and economies. Emission trading is an interesting effort in the global warming arena.


Venezuela: Environment and Economy

This article examines the economic situation in Venezuela and current environmental threats. The Venezuelan economy has grown in recent years but huge wealth inequalities still exist. The present administration is seeking to address these inequalities investing oil revenues in social programmes. However, hydrocarbon and mineral extraction including gold mining, is causing environmental problems.


Venezuela: Oil, Gold and Foreign Affairs

This article examines the importance of Venezuela's hydrocarbon and mining industry and its impact on exports. Venezuela is blessed with huge hydrocarbon and mineral reserves including heavy crude oil, natural gas and gold and was one of the founding members of OPEC. Venezuela has proven oil reserves of around 76 billion barrels in 2005 and the current administration is attempting to establish an integrated energy market across South America.


Acid Rain in China

Acid Rain is very serious indeed and it is getting somewhat serious in China these days. Why you ask? Well, due to all the air pollution and this is causing a huge issue in the reservoirs and rivers, soon the oceans off the coast as all this water makes its way to the sea.


Minimum Wage Law Only Increases the Gap Between the Haves and the Have Nots

By raising the minimum wage to $7.25 proponents believe that the working poor will reap greater economic benefit. Yet, these individuals fail to understand the simple difference between having something and not having something.


Re-employing the Laid Off Middle Class and Middle Aged

Although the unemployment rate in the United States of America is down around 4.7%, which is by far the lowest it has ever been in our nation we still have a problem with layoffs in large corporations, which is affecting the middle class. Many of these people being laid off are middle-aged and that means it might be tough for them to get jobs that are equal to their current employment.


Trends in Spanish Tourism - A Shift to Residential Tourism

One of the trends in Tourism is residential tourism. Each year thousand of families move from their home country to a new place on earth. This could be for the sake of a better climate -- whether tax, investment, leisure, or just the weather -- or because of any other reason. It's a real change and challenge for the traditional tourist sector.


Globalization

The process of globalisation has started a long time ago but the effects are still unknown for many industries. During the last decades the world has seen a variety of financial crisises which occurred in many places. Global finance means huge cross-border flows of money which can have a negative influence when things go wrong, and lead to crisis which threatens the world financial system itself.


Oil Importers Relieved as Prices Drop below $64

Traders and importers were relieved last Tuesday when the cost of petroleum had dropped below $64 per barrel. The fall came after the Iranian government had made a softer and more positive response regarding its uranium enrichment project.


U.S. No Longer World's Most Competitive Economy

The recent study of the world's economies reveals that the U.S. has fallen from first place last year to sixth place this year.


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