Current event on macroeconomics Article Example | Topics and Well Written Essays - 500 words

Current event on macroeconomics - Article Example The article indicates that in 2013, North Carolina was the only state in US where the jobless were not provided with the extended benefits yet the state registered had one on the largest improvements in market performance as well as economic growth (John 16). US Bureau of Labor indicated that in the second half of 2013, the payroll jobs in North Carolina rose by 1.5% compared with 0.8% rise in jobs opportunities nationally. Similarly, the unemployment rate in the state dropped by 17% while the nationally it dropped by 12%. Despite the dropping labor force in North Carolina in 2013, it started to rise again in the first quarter of 2014. This article indicates that from June 2013 up to June 2014, North Carolina employment population ratio increased three times more than that of national average. Thus, it is an indication that by ending the extended benefits program, it led to job creation as well as job acceptance. Notable macroeconomic concepts that are covered by the article include unemployment and extended benefits programs. Extended benefits entail the payments that are available to employees who have exhausted regular employment insurance benefits. During the periods of high unemployment, the states provides weeks of benefits, a vital economic strategy that aims increasing the consumers purchasing power as well as the aggregate demand. After passing the American Taxpayer Relief Act of 2012 and the signing by the President, the deadlines for the Emergency Unemployment Compensation were extended to December 2013. However, the act did not affect the number of weeks of benefits available under the Emergency Unemployment Compensation. According to the Department of labor, the federal government budgets reduction referred to as sequestration may affect the resident’s unemployment insurance benefits in the week ending October 6th. The government has directed the Department of labor to re duce by 7.2% the payments of individuals who are receiving the

International Intellectual Property Law Essay Example | Topics and Well Written Essays - 2000 words

International Intellectual Property Law - Essay Example One is that emerging countries might not have the same technology as advanced countries, and need to copy advanced companies to innovate. This is an issue that is addressed below. However, the bulk of this article will deal with copyrights, especially with regards to British Law regarding the same. Intellectual property rights have become one of the buzzwords surrounding globalization. Globalization may be defined as â€Å"an extent of internationalisation at a level where boundaries are blurred or appear close, where networks and solidarities are communicating, [and] where interdependencies are increasing.†1 On a technological basis, modern globalization is dependent upon the structures for communication, transportation, computation and enforcement interlocking.2 Globalization has reached many sectors, including intellectual property, financial services, money capital, goods and financial instruments.3 There are obvious positive aspects of globalization, and negative ones as well, as globalization leads to clashes, prejudices, tension and cultural misunderstandings such as those seen on 9/11, and the Bali, Madrid and London bombings.4 Intellectual property is one of the core businesses in the World Trade Organisation (WTO), in which one of the WTOs founding element with regards to intellectual property is the Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement.5 The TRIPS Agreement, in a nutshell, establishes a global harmonisation of protection for Intellectual Property and enforcement, as well as created international standards regarding patent, copyright, trademark and design protections.6 The existing regimes of the United States, Europe and Japan with regards to intellectual property were largely the same, so their laws did not need as much harmonising. However, there were some areas that were a problem, as far as different countries having different rules, and they were â€Å"first to invent systems, scope of