Monthly Archives: December 2016

//December

New international agreement on decreasing global oil production

  BBC: Oil price surges as Opec and non-Opec members agree deal to cut output Article published: Dec 12, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (demand and supply, cartel) This time, the OPEC has managed to get an agreement through with non/OPEC members, most notablz, with [...]

By | 2018-10-25T04:13:23+00:00 December 14th, 2016|Micro|Comments Off on New international agreement on decreasing global oil production

ECB keeps increasing the money supply

BBC: ECB extends bond-buying scheme but at slower pace Article published: Dec 8, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (Monetary policy) At times of low economic growth and very low inflation, Centrtal Banks use expansionary monetary policies to get things going. This includes decreasing interest rates [...]

By | 2018-10-25T04:14:01+00:00 December 14th, 2016|Macro|Comments Off on ECB keeps increasing the money supply

OPEC cuts oil supply first time in 8 years

Guardian: Oil price surges as Opec agrees first cut in output since 2008 Article published: Nov 30, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (demand and supply, cartel) Decreased supply leads to higher price: "The price of oil has surged by 8% after the 14-nation cartel Opec [...]

By | 2018-10-25T04:14:11+00:00 December 14th, 2016|Macro|Comments Off on OPEC cuts oil supply first time in 8 years

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

Fatal error: Uncaught exception 'wfWAFStorageFileException' with message 'Unable to verify temporary file contents for atomic writing.' in /home/econdadd/domains/econdaddy.com/public_html/wp-content/plugins/wordfence/vendor/wordfence/wf-waf/src/lib/storage/file.php:47 Stack trace: #0 /home/econdadd/domains/econdaddy.com/public_html/wp-content/plugins/wordfence/vendor/wordfence/wf-waf/src/lib/storage/file.php(651): wfWAFStorageFile::atomicFilePutContents('/home/econdadd/...', 'saveConfig('synced') #2 {main} thrown in /home/econdadd/domains/econdaddy.com/public_html/wp-content/plugins/wordfence/vendor/wordfence/wf-waf/src/lib/storage/file.php on line 47