Economics in the news – Supply and demand special
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BBC news
Guardian
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Shell to build world’s
biggest ship. This will
reduces their project
costs and will unlock
‘stranded gas
reserves’. Sky News
Changes in taste of
women drinkers has
seen an increase in
demand for real ale.
A dismal monsoon season
in India and a sizeable
portion of sugarcane
diverted from food use
into ethanol fuel in Brazil
has caused prices of raw
sugar to soar.
A fall in demand has
lead to Champagne
bottles to be sold for
as little as £10 a
bottle. Harvests will
be reduced next year
to increase prices.
Daily Mail
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Milk prices plummet in
Europe as supply
exceeds demand.
Farmers say the EU
must impose quotas to
keep up prices.
Domestic UK energy
bills could rise by 60
% by 2016 due to
power stations
nearing the end of
their use
BBC
BBC News