With rapid economic growth over the year, China has been experiencing high inflation rates. The souring living costs have imposed huge pressure on people who saw food prices rose much faster than their paycheck. The Chinese government has tried many ways to contain inflation as souring prices may lead to civil unrest. The central bank has adjusted its interest rate 5 times a year and increase the requirement for the reserve ratio. This meant that the bank will hold more money and there will be less in the circulation. Inflation is resulted when the supply of money exceeds the demand, making money worth less. A decrease in the supply of money will lead to a credit squeeze. The main cause of China’s inflation is demand-pull as a result of economic growth where people become richer and have more money to spend. This causes the demand for goods and services to increase. A credit squeeze will decrease people’s ability to buy, decrease demand, thus curbing inflation. The measure has finally become effective as the inflation rate eased in August, after hitting a three-year high in July, according to the National Statistics Bureau.

Occupy Wall Street is an ongoing series of demonstrations in New York Citybased in Zuccotti Park. People from many cities gathered to protest against social and economic inequality, corporate greed, and the influence of corporate money and lobbyists on government, among others. To date, similar demonstrations had been held in over 70 cities.

The U.S. still have not recovered from the economic downturn and its unemployment rate is souring. The 99% of us, who are not part of the wealthiest 1% of America, suffer the most from the economic crisis. We have lost jobs, received pay cuts and owed education debt that we probably would not be able to pay off until our second child arrives with a spiraling education cost. We paid so much for education yet we could not find jobs when we get out of college.  This is a call from the people to reduce corporate influence on democracy, address a growing disparity in wealth, and the absence of legal repercussions behind the recent global economic crisis.  The greed of Wall Street is one of the main causes of the economic crisis and it has to pay for what it has done.

On Oct 5^th 2011, Apple Inc. released the press statement on the death of their former CEO, Steve Jobs. The news has been rocking the world with shocked Apple’s fans.  Apple’s symbol, the man who changed the way we use technology, passed away so suddenly. We grieve for the loss of such a talented person at such a young age.  He and his ideas have become an essential part of life for many. He created things that we wanted, even before we knew we wanted them and for most of us, we could not imagine living without them. Jobs may be mercurial, egoistic and eccentric, but none of us can deny the contribution he made to his industry. He reshaped the entire industry and brought PC closer to us than it could ever be. We would not have the convenience we now enjoy if not for him. We are thankful to God for giving us this man, for him making the world a better place. Mr. Jobs, rest in peace.

Apple has a significant market share in Asia. With its innovative products, it sets the trend for many. Other competitors do not stand much chance competing. Jobs is involved in the innovation and development of most of Apple’s products. Now that Apple has lost its creative force, this is an opportunity for them to take over some of Apple’s market share as consumers may have doubts about where Apple is going without its heart and soul. Consumer’s loyalty is not only towards Apple as a brand, but also for Steve Jobs as a person. People may question Apple’s ability to produce new and innovative products in the future and may turn to other alternatives. Other electronics producers such as Samsung and HTC may grab this opportunity to take market share away from Apple. When people are highly anticipated about the Iphone 5, Apple gives Iphone 4S instead. This lead to disappointment of many and if Apple do not act quickly to regain consumers’ confidence, it may lose out to others.