IB ECONOMICS: A simple explanation of falling oil prices

oil-explainer-feb-master1050The oil industry, with its history of booms and busts, is in its deepest downturn since the 1990s, if not earlier.

Earnings are down for companies that made record profits in recent years, leading them to decommission more than two-thirds of their rigs and sharply cut investment in exploration and production. Scores of companies have gone bankrupt and an estimated 250,000 oil workers have lost their jobs.

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IB ECONOMICS: Stimulating the world economy


World economy: Out of ammo

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There is a fear that a recession is coming and that central banks do not have the weapons to resist it. If governments and central bankers work together they will not be short of ammunition. The question is whether politicians have the stomach to use it.

 

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A Streetcar Named Desire- Tennessee Williams

A Streetcar Named Desire- Tennessee Williams

For students, watching a theatrical version of a play may often be more valuable than watching a film.
Plays can be a closer representation of the text and allow a student to clearly see how stage directions have been actioned.
Do watch this version of A Streetcar Named Desire. How does the adaptation compare to the film linked in an earlier post?