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Daily Archives: March 2, 2011

By Jorge Piñón Economics 101: Demand is generally defined as the relationship between the price of a good or service and the amount or quantity the consumer is willing and able to purchase of that good or service. Simply stated, it is the relationship between price and quantity. The question in a centralized economic system is [...] Continue reading
Dutch flag carrier KLM will begin to offer Amsterdam-Havana flights three times a week beginning Oct. 31, the airline said in a press release.  The Havana flights are part of a “marked expansion” of flights to the Caribbean, KLM President and CEO Peter Hartman said in the press release. KLM’s target clientele will be not only [...] Continue reading