"Inflation Poses Serious Threats to Government" is an article by Leigh Thomas published by Agence France Presse. It deals with section three in the couse companion, Macroecnomics. The article details the negative effects of inflation and what has caused it. "Foreign Buyers Snap Up Us Real Estate" is an article by Stephanie Armour published by USA Today. It deals with section 4, International Trade. It deals with why U.S real estates are urging Foreigners to buy property in the U.S.
The article "Inflation Poses Serious Threats to Government" focuses on the causes of inflation and the factors that lead to it. Good prices have lifted the inflation rates in Europe. European Unioin's Eurostat agency said that inflation hit 3.6 percent. Economist Sonil Kapadia s tated that food and oil Prices are the main driers of inflation. Food prices rose 21 percent in China. The oil prices have caused a major dilemma by cutting extra consumer cash and affecting the poor countries negatively. Economists say tat inflation relief might be on the way in the coming months. In addition, inflation threatens economies in Af rica by encouraging governments to take "knee-jerk" reactions to cope with stress. Real estate agents urge foreign consumers to by land in the United States. The agents are even willing to pay for the air tickets and hotel bills. Because the dollar hit a new low against other currencies, the price of home will be cheaper for foreigners; a discount of 30 percent. This activity is mainly happening in tourists area with warm weathers such as New York and San Diego. Jacky Teplitzky, a real estate agent, said that sales for foreigners rose from 10 percent to 25 percent in the past year. Also, to help attrack foreign buyers, such firms hire foreign speakers in order to translate. Wohlfarth, owner of Wohlfarth & Associates, believes sthat people are diversifiying their investments by buying more land.
