Category Archives: Economy

580,000 people risk starving in Angola

 in the news icon by reslight

The UN representative in Angola, Mr Pier Paolo Balladelli, told DW Radio Wednesday that: the situation deteriorates every day and the harvests were only enough to feed people for three months. The government requested a financial aid from the International Monetary Fund (IMF) to help the people, Mr Balladelli was further quoted as saying. Severe malnutrition… Continue reading 580,000 people risk starving in Angola

Methods To Get Out Of Debt And Stay Out Of Debt

When economic difficulties are piling up and your burden of obligations is out of control, it is time to stop worrying about the situation. Instead, use the suggested to tips to start the process to get out of debt. You can eliminate the credit card bills and even the mortgage payments. These are the methods and suggestions to use when you want to become debt free for life.

To begin the process of eliminating debts, you must have a firm knowledge of your precise economic condition. Keeping records of each penny earned and spent over the next month will give you a starting point. If you spend even a few coins for a vending machine soft drink, or a quarter in a parking meter, write it down. You may be surprised to learn where your money is being spent.

Next, you need to create a budget. Distinguish between hard expenses and optional expenses. One of the high priority “hard” expenses is to pay money into a savings account first each month. If you arrange for it to be deducted from your pay check electronically, it won’t seem as difficult to save. Your savings account is intended for larger, future projects such as educational needs.

Your first major project in your get-out-of-debt program should be to create an emergency fund. If you have to sell off some unwanted items, or take a temporary job for a few weeks, or simply cut back on unnecessary expenses for a period of time, take the funds and place them in an Emergency Fund. This should be an amount such as $500 or $1000 which is to be used only for true emergencies.

Starting with your smallest monthly payment, double the regular minimum payment. Continue to make minimum payments on everything else. Don’t allow yourself to make any additional monetary obligations. When the smallest bill is cleared, apply the freed-up amounts to the next largest monthly payments and continue this snowball effect until every debt is cleared.

Ask a friend or trusted acquaintance to be your accountability partner. This person will go over your monthly expenses with you and keep you on track with your spending plan. The accountability partner will also serve as a monitor when you want to purchase a item with a cost over a specific pre-determined amount. This will eliminate spur of the moment buying.

There are two methods which can be used to accelerate the process of getting out of debt. Either expenses must be cut or income must be increased. You can make a game out of ways to cut expenses. There are as many ways to reduce expenses as there are households. Another alternative is to find ways to increase your income.

Learning to live within your means is not an easy process. You will gradually learn the value of not spending money you don’t have. The stress reduction that goes along with debt free living is good for your health.

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Ethanol And Significant Economic Consequences

Ethanol is a colorless flammable liquid that has had great economic value for thousands of years. Well before the industrial age it was fermented from available resources and used for various purposes. It has long been used to raise the spirits by way of a tipple, but also has significant utility as a source of fuel, light and medication, among other things.

The substance is produced by a process of fermentation. Vegetable matter from timber, sugarcane, sorghum, corn and even grass is used. Each source produces a distinctive kind of ethanol and each process has slightly different economic characteristic.

In general ethanol is a way of harnessing the energy of the sun in an environmentally friendly way. One of the biggest problems facing the planet is carbon emission from industry and motor vehicles burning fossil fuels such as oil and gas. The increased use of biofuels can make a significant difference to the problem of pollution because less carbon is emitted when it is burned.

Obstacles in the way of switching from fossil fuels to biofuels are largely economic. Fossil fuels were once forests of vegetable matter but were converted to coal and oil over eons of time. They simply have to be pumped from underground lakes and refined for use as petrol. Biofuels need to go through extra steps. The sun’s energy is captured by crops that have to be planted, grown and harvested before the fermentation process begins.

The industrial world has been distorted by the use of fossil fuels. Some people fortunate enough to find themselves sitting on lakes of oil became obscenely rich without effort or ability. Meanwhile, hard working and economically capable people remained miserably poor. Vested interest in the motor industry discouraged moves away from oil driven engines.

When it was finally acknowledged that the move away from fossil fuels was inevitable valuable time had been lost. The human population and number of cars in existence made any switch to biofuels problematic. Production capacity was limited and the technology inadequate. There was an imbalance between economic needs and abilities.

Ethanol production is one factor in a complicated economic balancing act. The size of the growing world population creates the huge demand for fossil fuels which can still be pumped from the diminishing reserves for less than the cost of production. If the demand were to increase the balance would alter and upset a number of economic and Geo-political variables such as land use and market imbalances. Change is underway but the process must be gradual due to many imponderable factors.

More and more people are wanting to know more about Ethanol for various reasons. One reason is because bio ethanol is able to power certain vehicles.

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The following has been added by the owner of this site; providing these links does not mean that either the owner of this site, or the author of the above, necessarily recommend all that may appear on the links provided.

Alcohol Fuel: A Guide to Making and Using Ethanol as a Renewable Fuel (Books for Wiser Living from Mother Earth News)

Global Warming or not, readily available solutions for transportation

What we do to the Earth, we do to ourselves.

Solutions for a planet running of empty

Alternative Energy Books

A primer for the “Food versus Biofuel” debate

Financing Options For Small Businesses

Most people want to put up a business as they see this as a great way to support their needs. Putting up such businesses is often seen as a way to achieve financial stability. Individuals and families need alternative income sources to support their needs. Being financially stable is very essential these days and everyone would do what they can to achieve this state. The problem however is that individuals need to raise a good amount of money to raise the capital. There are many people who choose to look for financing options Denver to help in their business endeavors.

Some people make the mistake of putting their personal money at stake. This is often considered a good way to put up the business without liabilities on other people. But this move is not considered wise as it will put the family’s financial future in great risk. When things about the business fail, the family resources will deplete. The capital should be raised separately in a different bank account.

Saving for the amount is the most effective way to raise the target capital for a business. The banks also facilitate a lot of programs to cater to entrepreneurs. There are individual and group savings that banks open for people who want to open a business later on. They can also assist these individuals in terms of handling their businesses.

Starting a business the right way is always the prime consideration. It takes a lot of planning to execute everything perfectly. Banking institutions are participative in molding entrepreneurs so they will supervise their businesses better. Trainings, seminars and other means of assisting entrepreneurs are extended by these institutions.

Budding entrepreneurs can opt to grab loans that financial institutions offer. The deals though should be understood perfectly in order to avoid a greater risk in the compromise. The challenges will always be there and it is up to the business owners to face them. One thing to point out is that they should mind the timing of opening the business.

When the timing is right, the chances of a business prospering is great. It will not just be about putting up a business and risking a good amount, it means being right on time. If one will just let it slip, there is a great chance that the endeavor will not succeed.

Getting a loan may be the single right and sensible way to put up a business sooner. There are plenty of things that should be covered and time is previous. When the resources are still to recover from a downturn, the least that people can do is find some help from the outside. Considering loans to raise the capital should be a sensible move.

Loans offer the financial support that entrepreneurs need when their bankroll does not take its role. Paper works are limited and there is a great chance for the loan to be granted sooner. The process entails dealing with just a few processes which is a great convenience.

Reading the fine print that bears terms and conditions is a wise act. It is one thing that would avoid hassle and further risk investments. Various options that aim to assist entrepreneurs are available too in case individuals need them. For any business, there are always financing options Denver.

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