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The political and economic future of Ukraine remains uncertain despite a . This uncertainty will undoubtedly affect economic conditions for those in Ukraine but also other countries supporting Ukraine. Officials from both the United States and the European Union have stated that they are willing to provide . How will the future of Ukraine be shaped by this financial assistance and growing international relationship?

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India has a caste system which is a social structure that separates people according to different socio-economic conditions.  In recent years the system has been relaxed and it is easier to move from caste-to-caste, but it is still significant to the Indian culture. Having a caste system can increase the amount of poverty and economic activity, leading to a decrease of international trade. In May, India’s general election will take place and the front-runner to be the next prime minister is Narendra Modi. Modi was a former tea seller, which is not considered an elite occupation and is quite different from the former occupations of leaders from the ruling Congress party.

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Since abandoning the Zimbabwean dollar in 2009, Zimbabwe’s central bank has allowed the use of the U.S. dollar, the South African rand, the British pound, and the Botswanan pula.  Recently, the central bank announced that four additional currencies will become legal tender in Zimbabwe: Australian dollars, Chinese yuan, Indian rupees, and Japanese yen.  The hope is that the move to more currencies will bring in more cash and quell the ongoing liquidity crisis, which has forced some banks to stop lending altogether.

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Many emerging markets have noted the rapid devaluation of their currencies taking place over the past year. In Colombia, the peso is now worth 2,017.01 per U.S. dollar, the weakest currency level since 2009. While other emerging markets such as South Africa and Turkey are fighting incessantly to combat currency declines by raising interest rates, .

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In a meeting last week, the leaders of the United States, Mexico, and Canada got together and discussed various issues surrounding their own countries, including forming new trade agreements to open up more trade across the globe. These three countries entered into their when they signed the North American Free Trade Agreement (NAFTA), which was a significant step for regional trade in the Western Hemisphere. Now, these three countries hope that they can use NAFTA as a springboard to form new agreements with other countries in an attempt to find new markets and diversify their own economies.

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The Michigan Department of Agriculture and Rural Development’s (MDARD) International Marketing Program annually recognizes a leading food and agriculture exporter through its ‘Michigan Ag Exporter of the Year’ award to a deserving Michigan food or agriculture company. This special honor can bring further success, signaling to international buyers a company’s quality and commitment to exporting.

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Now that so many businesses are expanding into the BRIC countries, one major focus should be how are they going to secure the best and brightest to work for them.  The needs and wants from employers by professionals in countries such as Brazil, Russia, India, and China are unlike that of employees in developed countries. Companies need to learn how to tailor their workplace in these countries in order to identify, secure, and retain top talent.

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Mitigating climate change and the shortage of natural resources require rapid and widespread development of renewable energy. As the demand for renewable energy has increased largely in the past 10 years, the number of renewable energy trade disputes is also rising. A number of countries have found that their feed-in-tariff (FIT) programs are at odds with the fair trade agreements in the international trade of renewable energy. Therefore, this post will introduce the impacts of trade barriers on the international trade of renewable energy.

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The resurging automotive manufacturer, Ford Motor Company, has made a big splash on the international automotive and commodity industries with their revolutionary light-weight body design. , automakers are scrambling to prepare their supply chains to handle the next big metal demand. This comes at a critical time when the international aluminum market is suffering. Though the metal is in healthy supply, stockpiles are entangled in financial transactions making it hard to get aluminum at all. 

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China's economy has politicians, investors, and businessmen all over the world biting their nails in nervous anticipation. Business and investment in the country have become increasingly risky and low expectations have been predicted for several sectors of the economy. The country as of late has been able to hold their own and beat their dismal forecasts; however if it does not stabilize its economy soon, it could prove bad news for the country and for the global economy.

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Russia has spent more than $45 billion hosting the most expensive Winter Olympics in history with the hope of boosting its economy. People are beginning to doubt if this larger expenditure is really worth it. Although people have already seen the Russian ruble appreciate in value, they are still unsure if the Olympics will take Russia out of the time when the economic growth slowed down to only 1.3 percent last year. This article will analyze the economic data of several countries after hosting major international sporting events so you are able to predict how Russia’s economy will perform after the Winter Olympics.

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Just how much does it cost to host an Olympics? The 2014 Winter Olympics in Sochi, Russia are than every other Winter Olympics combined. The cost is projected to be around $51 billion, which is ten million dollars more than the 2012 Summer Olympics in Beijing, China. This money goes towards construction, transportation, hospitality, security, lodging and more. For events like the Olympics, it is starting to look like a waste of money for all of the over-extravagant, luxurious decorations and celebrations that take place. It has become less about the athletics, and more about which country can make their Olympics look the best to the world. A country like Russia has a lot larger problems that it should allocate $51 billion to, especially if they are trying to clear up their image.

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Is it possible to predict the number of medals each country will win in the Winter Olympics by using a combination of economic indicators?  Without economics, predicting the winners would involve an extensive amount of knowledge on numerous sports and athletes. By using an economic model, one does not need extensive knowledge about each sport. In , Madeleine Andreff and Wladimir Andreff tried to predict the number of medals a country could win in the Winter Olympics by using economics.

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The Olympics has long been the venue where a country is able to showcase itself to the world. Just six years ago China threw its coming out party with the 2008 Beijing Summer Olympics and this time around Russia is hoping to showcase its progress only a quarter century removed from Communism. Though one may expect this coming out party to be a grand opportunity to show the emergence of a country under capitalism it is shaping up to be a condemnation on how little Russia has come.

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With the lighting of the ceremonial torch in Sochi, Russia last Friday night, the have officially begun. Beyond capturing the world's attention throughout the month of February, these Olympic Games, like other major sporting events, have profound economic and political effects that resonate throughout the entire international system. Therefore, as the world's eyes turn towards the showcase of some of the world's finest athleticism taking place in Sochi, this post will explore some of the less eye-catching, yet equally significant, aspects of events like the Sochi Olympics and their unique place within international markets and politics.

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In January, mergers and acquisitions (M&A) volume in terms of number of deals made in the Asian-Pacific region rose 60% from a year earlier.  Volume in dollar terms more than tripled to about $25 billion.  .  In contrast, M&A activity in Southeast Asia has been falling as of late, as the region only accounted for 13% of Asia’s M&A activity this January – down from 18% a year ago.

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In December of 2013 the Federal Reserve (FED) announced that it would begin to taper its bond-buying program by . As a result of quantitative easing (QE), the FED had been purchasing $85 million in assets in order to stimulate the economy. As the Federal Reserve continues to reduce its monthly purchases, there will be certain effects on globalization. Since tapering was announced, emerging market economies have been . As the FED continues to taper, emerging markets could continue to see and outflow of funds and fluctuations in their currencies.

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According to the first ever corruption report by the European Commission, the European Union (EU) is losing over because of widespread corruption in many member nations. The report stated that the corruption regulations and controls in many countries are not adequate enough to effectively fight the fraud occurring across the EU. The loose regulations and inspection has allowed for much of the corruption to occur in local governments and communities in all member countries, showing that the Commission believes that corruption is a problem across the EU.

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The , currently standing at about 11.1% for 2013. In December alone, about 10,200 people listed themselves as jobless.  This 0.3% is only a fraction of the 3.3 million who registered as out of work for the entire year, a figure that has never been higher. Additionally, increases in unemployment have been observed across all sectors and also take part-time workers into account. The 5.7% rise in unemployment is unfortunate news for French President Francois Hollande who had previously promised that joblessness would fall by the end of 2013.