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Economics
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Market Influence of Interest Rates
The result of rising interest rates is that there is an increase in mortgage payments resulting in a lower demand for housing. On the other hand, a fall in interest...
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Carpet Weavers and Poverty Crisis
Lack of demand has created extensive unemployment and discouraging weaving income that from 45-50 looms now has only 5-6 looms. Most of the technical master weavers have left to urban cities in search of jobs. The weavers who left the villages to urban cities due to lack of other rural employment opportunities would mess up cities. Reaching urban cities only adds up urban poverty because they do not get the suitable jobs there too.
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Need to have Alternative Fuels
Need to have Alternative Fuels.
The world is growing a greater pace than ever before. The demand for the fuel is growing day by day.
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Eroding U.S. Industrial Base Comes With Price
With a demand by China for foreign direct investment as its incentive to buy U.S. products, companies like Boeing are acquiescing by not only building major portions of airplanes in China, but also creating Research and Development opportunities for Chinese engineers.
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The Great Molasses Flood
It’s good that the Saudi Guards were able to stop the attack on Abqaiq. Let’s hope they can prevent future attacks. If the attack had succeeded, the implications would be dire indeed. I salute the guards that died in the attack.
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Chinese Economy: China's Energy Worry
For a long time, the Chinese economy is growing at an outstanding pace and I think no other economy saw so much expansion in the last 10 years like the Chinese economy. This growth has taken China into a new level in the world politics. Now China is gradually being recognized as a huge economic power by rest of the world. However, this growth means that Chinese economy is consuming more and more fuels like oil, gas and coal. This matter is becoming a growing concern not just for the Chinese economy but for the rest of the world too.
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China Worst Nightmare for GM, Ford
Worst nightmare for General Motors Corp., Ford Motor Co., employees, suppliers and stockholders reared menacingly last week. American customers are concerned.
The old “yellow menace” of once-thought bygone days is alive and well and starting to manufacture automobiles in China.
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