Macroeconomics

The hot weather has set in and the summer period continues to have an affect on the general global economy. The most significant event at the moment is the ongoing political turmoil in the Middle East. The daily news has shifted its attention from the casualties in Iraq to the fighting in Lebanon when Israel was attacked. Many of the victims are, as always, innocent civilians who find themselves caught up in the political or religious conflicts of their leaders. While the conflict is not currently impacting the global economy too heavily, the long-term effects of these tensions are a cause for concern.

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