Gadhafi's death helps clear way for oil exports

A oil producible country have a huge impact toward the world economy. Oil is the basic of transportation and an inelastic demand for global business. Before the Civil War in Libya started, they has the most oil reserved in Africa which producing about 1.6 million barrel of oil per day. Libya ex-leader Gadhafi reduced the export of gas with violence during the civil war which elevated the international gasoline price. Libya was in the command economic system which was leaded by Gadhafi, but now the Libyan has the freedom on their own. After Gadhafi was proved that he was overthrown, the gasoline price was lowered with the thought of increase of oil exports from Libya. But the major problem is that Libya is without a government system and few national institutions left in the country. Without a government, there is no representation for Libyan which won’t guarantee the safety of oil fields workers and the security of the oil export. However, many analysts predict that Libya will soon increase the oil production which will reduce the world fuel price. Oil is valuable, and its demand and supply are easily disturb by a event.

FedEx hiring drivers for holiday season

With the holiday season fast approaching FedEx is hiring temporary drivers to meet the increased demand for shipping. Many more packages are going to be delivered requiring more drivers. People will be buying and selling gifts for their family in other states causing more demand for delivery. FedEx is paying very well for these additional workers. These salaries typically around nine to sixteen dollars. This act will not, however, have a substancial impact on the economy lasting only a short time. The increased hiring must last longer and remain constant to help stimulate the economy. Also more companies are required to participate to boost the economy. Though for a short time during the holidays jobs will be plentiful for delivery drivers.

World Series vs. the Olympics

There has been much talk about how the World Series is boosting the economy in both St. Louis and Arlington. Thousands of people are buying merchandise and tickets to the games that are selling at over $1,200. With the 2012 Summer Olympics taking place in London; many people are speculating the same kind of economic boost in Europe. However it is actually proven that the Olympics do quite the opposite. While people do spend a lot of money to attend the events and buy merchandise, the host city is forced to use the taxpayer's money to pay for things like the venues and getting everything prettied up for the visitors when the money could be used for things that would actually help the economy. The reason why the World Series helps cities make money and the Olympics doe the opposite is because MLB teams are privately owned. Arlington and St. Louis only gain money because they don't have to spend any money or at least very little money in hosting these kind of events.

http://www.alternet.org/story/56128/?page=entire

Kudzu bug threatens to eat US farmers' lunch

The new pest has entered and spread through many farmland in the United States. Kudzu bugs have no sign of stopping. Farmers grew the plants for living which the plants would also be the human food resource. Food resource will be shortage because the pest is eating the crops. Farmers have to raise the crop price or the government has to enter and give financial support for the lost. Crops are the raw material which could make into some popular food. When the price of raw material goes, it affects many food products. Bread is the major food we eat in America which is made of crops. While bugs kept messing up the crops, farmers are trying to control the bugs spreading. It will be costly to use the pesticides and didn’t quite well as the result. Even if the farmers did successfully control the bugs, the price will still go up to balance with the cost of pesticide.

7 Billion by Halloween

The U.N. has predicted that the global population will hit the 7 billion mark by October 31. The population will only continue to grow as the years pass, straining both elastic and inelastic resources. Sub-Saharan Africa's population is expected to go form 900 million people to over 2 billion by the end of 2025, just 14 years from now. The population has increased exponentially over the past couple of centuries. There were just a billion people in 1804 and we didn't reach 2 billion until 1927. In took just 32 years to reach 3 billion, in 1974 we reached 4 billion, and in 1987 we reached 5 billion people. In 1998 we finally reached 6 billion and just 13 years later 7 billion. It's estimated that in 2025 there will be about 1.8 billion people will be living in water scarce areas. Water is with a doubt the most important inelastic resource for survival. For some reason poverty and big families seem to go hand in hand. Environmental analysts such as Lester Brown say that the best way to slow the loss of our resources is to "accelerate the switch to smaller families."

http://news.yahoo.com/challenges-loom-world-population-hits-7-billion-040835519.html

Hit Your Shots!!!

Australia is home to some of the most extreme animals and environments in the world. On this Australian golf course the center of the course has a lake with six "man-eating" bull sharks. The sharks were stranded after a nearby river flooded and then receded to its original levels leaving the sharks behind. The sharks are 8 to 10 feet long and are fed meat on a regular basis to encourage them to come to the surface. This golf course is the first of its kind and because of the rarity and large demand to see these sharks the golf course attracts many people each year along with one tournament called the "Shark Lake Challenge." The golf course should have nothing to worry about in terms of a lack of supply as the current sharks are said to be breeding. Also in this lake there are other fishes and plants to keep a complete habitat for the sharks.

This shark course sounds like something that would be in the Bahama's as a tourist attraction. This is why these sharks could be used as a money maker, by attracting a lot of people to the course. This in turn would result in a lot of people spending money and telling others of the course.

http://www.foxnews.com/sports/2011/10/11/shark-infested-australian-golf-course-believed-to-be-worlds-first/?intcmp=trending

NBA canclled first two weeks of season

People want the NBA lockout to end before the season starts, like the NFL lockout did. The NBA has already cancelled all its pre-season games. But now, the NBA has also cancelled the first two weeks of the season. Both owners and players will lose more and more money if the lockout never ends. Some people are interested in watching professional basketball games after the NFL season. Even though the season has been shortened, the price of tickets will not drop, but there will be refund plus the interest for those season ticket holders. For those people who also watch other sports will have the substitution before lockout is over. But for those who don’t watch other than NBA will have to find other entertainment to watch. The fans were already upset when the lockout first began, NBA might lose part of its fans as well as their support for the time and not willing to buy tickets anymore. No one wants to see the lockout keep on going and cost the cancellation of whole 2011-2012 season, both owners and players won’t get what they are arguing right now: money. The fans definitely are disappointed the season is having delay.