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Demand For Quinoa Good For Peru And Bolivia

March 16, 2016 Jamie Schuman 0


Quinoa a grain crop is cultivated primarily for its edible seed. From 2006 to 2013 the price of quinoa tripled when Americans and Europeans found this new superfood. There were two kinds of hypes following this, one that the people who cultivated it in Bolivia and Peru could no longer afford it and yet another message that the quinoa demand was helping those in the high Andes. Since these were just suppositions an agricultural economist, Marc Bellemare from the University of Minnesota and another economist, Seth Gitter of Townson University, Maryland teamed up to resolve the issue.

quinoa-2The two economists found data source a national survey performed by the Government of Peru every year, about 22000 randomly selected households about their lifestyle, what they grow, eat and spend. The data source was obtained from ENAHO. There was too much of data to plow through and the economists chose Johanna Fajardo Gonzalez, a Ph.D. student at the University of Minnesota to analyze the data of about 10 years ranging from before and after the rise in prices of quinoa. The researchers grouped the households into 3 groups that which grow and eat quinoa, those that do not grow but eat it, and those that neither grow nor eat it.

The study shows a prominent rise in the welfare and living standards in Peru following the rise in price of quinoa. The standards were measured as the total value of goods consumed and it was obvious that the quinoa growers were far better off than the others. The study also revealed that unlike the suppositions, those in Peru could even afford to consume quinoa although the quantities purchased decreased slightly with the rise in demand. The speculations on ill effects of nutrition on the Peru population were also reported as baseless by research performed by Andrew Stevens a Doctoral candidate at University of California, Berkeley. There might be trouble ahead if the prices fall and with demand for only certain varieties of quinoa while the cultivators may have to abandon certain varieties.

Read More: Turkey On Agreement With European Union Arrests 1300 Migrants

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Volkswagen Cheating Emission Tests: Enthusiasts Disappointed

September 17, 2015 Jamie Schuman 0


Recently Volkswagen had to call off half a million of their cars because their software had apparently cheated on the emissions tests. The Volkswagen emissions cheating scandal has led many customers’ to weigh their choices yet again. The 2013 Jetta SportWagen model fit perfectly for those who were looking for a bigger and fuel efficient car until they realized about the scandal. Although Volkswagen has offered to fix the glitch, owners now wonder how the fix will affect the overall performance of their seemingly perfect cars.

Volkswagen America President Michael Horn apologized in a video and offered their cooperation with regulatory authorities. They have offered to remedy the issue by software adjustments according to the vehicle and hardware. They are yet to estimate the cost and how the changes will affect the car’s performance. Following the announcement of the problem several lawyers filed lawsuits against Volkswagen. Although Volkswagen offers to fix the glitch it leaves everyone to wonder how well it would be fixed as they would not have cheated in the first place if the fix were as easy as advertised.

The software that is to blame for Volkswagen cars cheating on the emissions tests was designed only for a single type of diesel engine and has sold 11 million cars around the world. The company claims to have set aside 6.5 billion euros to fix the cars. Before all this happened it began with the Environmental Protection Agency ordering Volkswagen to recall 482,000 Volkswagen and Audi cars with four-cylinder turbodiesel engines. The fault lies in the cars being fitted with software that detects official emissions test being performed and emits up to 40 times more pollution when not being tested. Volkswagen admitted to the test-evading software being placed. This trickery has caused the Volkswagen market value to be stripped of more than $15 billion apart from the fines that they will be punished with.

Mar 2016