Article 14

French consumer confidence falls sharply

This article comes from BBC News and the author is unknown. Last updated 28 May 2013.

Summary

:According to the French Statistics agency, French consumers' economic confidence has recorded the lowest level since July 2008. French monthly consumer moral index dropped by four points from 83. Also the survey shows a fact that French households assume that the unemployment rate will rise up gradually. Unemployment includes measurement for workers to change jobs and for companies to fire employees. France's economic has suffered from recession like other EU members do.

My opinion

:I think that most of nations that are in Eurozone are struggling with economic crisis. That is why French consumer confidence has dropped continually. If one nation has suffered from recession, the government need to try to increase economic situations by increasing demand quantity and encouraging citizens to spend more money. It means that the government provides many economic chances to consumers to revive their fallen economic.

How does it relate to economics?
-The government need to practice expansionary monetary to stimulate economy by decreasing unemployment and increasing investment. As France has suffered from recession and unemployment, the government should help its citizens to get away from economic crisis.

Article 13

Manchester City in multi-million pound Nike kit deal

This article comes from BBC News. Author is unknown. May 22.

Summary

:Manchester City, the one of the richest soccer club in the world, made multi-million contract with nike. Specifically, Man City has dealt its new kit with US sportswear giant Nike reported to the worth about $109m over six years. It changed its previous brand from Umbro to Nike. There is no economic disadvantages for Manchester City due to the fact that the new income from the its new kit will help boost Manchester City's commercial revenues. And Nike and Manchester City club assure that their market is going to stretch from Africa, Europe, Asia and the Americas.

My Opinion

:I think those richest sports club make a deal with only huge and giant companies. It means that a lot of small companies are losing their opportunities to improve their economic status at all. Therefore, more riches sports club should focus on small businesses. On the other hand, those contracts between huge companies create a huge economic advantages so that more workers can have change to work.

How does it relate...?
:As you see this situation, there are only few sports cloth companies such as Nike, Adidas, and Puma so that the small companies have no choice but to lose economic chances. However, the demand for Man City's new kit which is made by Nike will go up. It means that Manchester City would get more profit and produce more products.

Article 12

Dell posts 79% fall in profits amid takeover battle

This article comes from BBC NEWs.

Summary

:As consumers incline to purchase smartphones and tablets instead of computers, Dell, one of the American Computer Companies, has claimed that 79% fall in net profit. The PC maker's total revenue decreases 2%. Dell has no choice but to see fighting between founder Michael Dell and two of its shareholders. Because Michael wants to have a private company while other investors have different ideas. And Dell mentioned that the revenue from new technologies, services, and software increased 12%. However, the sales of PC decreased 9% gradually. 

My Opinion

:I think that the company Dell should produce different products such as smartphones and tablets in order to survive at computer market. Dell should not lose profits no more for keeping its balanced economic.  As there are numerous companies which are producing electric devices, it is important for Dell to produce the most creative products to attract more consumers.