Whether a National Minimum Wage Reduces Relative Poverty

An Evaluation of whether an increase in the National Minimum Wage would decrease relative poverty? Looking at arguments in favour and against raising minimum wages in the UK

How Do All The Different Nations Borrow Money

But why can't all of the countries (nations) borrow money? Simply the same reason why individuals can't - their expenses are greater than their income in many cases. To cross the gap some countris try printing extra currency, raise debt and cut expenditure. Often a country combines the three to tackle its financials. This is not good practise however...

Economic Situation of China

Over the last 25 years China’s economy has drastically changed. They went from a centrally planned system that relied heavily upon international trade, to a system that is now more market oriented.

Online User Behavior and the Digital Divide

With the increased proliferation of ICTs in many newly industrializing nations research about the so-called digital divide should shift its focus from infrastructure to soci-cultural factors that influence Internet usage.

Iraq War Costs Will Exceed 500 Billion By 2007

Now that was certainly an expensive endeavor to take out Saddam Hussein and a couple of terrorists sons was it not? Indeed we will have spent over 500 Billion Dollars in that war by the end of 2007 and that my friends is excessive

Federal Reserve Tightens Again Due to Inflation; Expected

The Federal Reserve has once again stair stepped its tightening of the interest rates and will do it a couple of more times or more depending on the expectation of inflation and other factors and we should expect this. Some considered that the Federal Reserve might tighten 50 basis points and they very well could have, yet there is no sense in sticker shocking the stock market.

Refineries in Pennsylvania Flooded Sweet Crude Prices will Hit $75.00

Blame it on the weather! The oil prices are just about back up at their all time high again after participating in the stock market rally. Oil Prices are now just shy of their all-time high and this time it was no Hurricane, but rather a pretty wicked mixture of three storms.

Free Trade Agreement With Oman Disregards Best Interests of U.S.

Since the United States became a party to the North American Free Trade Agreement (NAFTA) in 1994, U.S. construct of the Foreign Trade Agreement (FTA) has changed considerably. Such agreements now have a much more profound impact on state and local economies across the country.

Sprott Analyst Has Zero Doubt on Higher Natural Gas Prices

We talked with Sprott analyst Eric Nuttall. With bloated natural gas storage levels, Natural and CBM gas stocks have gotten crushed. Is there relief in sight? What are the fundamentals which might drive natural gas prices, and subsequently stock prices, much higher, and is this a good time to invest?

Government Certification Test Often Destroy Productivity

On-going education is important indeed and that goes for any industry. Knowing the rules and regulations is also extremely important and since the regulatory bureaucrats change the rules so often it is important to stay on top of all of them.

Mortgage Rates Increase Due to Inflation Concerns

Mortgage rates saw an increase for the week ending July 20, partly due to the CPI figures for June. The figures indicated that inflation could still be a threat to the economy.

Preventing Consumer Price Spikes in Commodity Trading With Ethanol

We need a viable solution to prevent consumer price spikes in commodity trading with ethanol. We have seen what has happened with commodity traders running up the price of gasoline every time there is significant world events, which will cause a supply and demand conflict.

Biofuels and Future Potential Problems Down the Road

It is quite possible that there will be future potential problems and issues with biofuels down the road. For instance if we are to break our addiction to Middle Eastern foreign oil we will need to produce 15% or more of our fuel by growing it here in the United States Midwest

Bio Fuels, Ethanol, Bio Diesel Tax Incentives for Distributors and Wholesales; Why?

Why should there be tax incentives for distributors and wholesalers of biofuels? Well because we need to make sure that the product gets to market. Additionally, because biofuel blends such as ethanol work much better in warmer climates. Currently most of the ethanol is sold in the northern Midwest and where it is cooler and therefore you lose 10% of the advantage of ethanol and ethanol gets 10% less fuel mileage per gallon.