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This article discusses how The White House wanted to make its policy on price controls clear to Republicans in Congress, some of whom have been agitating for price controls. The president told Republican House deputy whips last week he would oppose all price controls, but the White House wanted to hit the message even harder.

A policy for the price control of certain medicines was approved by India's cabinet this week. The goal is to make medicine more affordable than it already is to the poor (producers argue that there is already sufficient competition in the market to keep prices low).

This article talks about how the Indian government is imposing price control on certain drugs to. The government claims that its is doing this to make it more affordable for the poor. They say this will also help patients become aware of less costly alternatives to some drugs.

the article is talking about how ex-president Bush decided not to control the price of energy, although the white house wanted to control energy prices.

Punto Fijo, November 22nd, 2012 (Venezuelanalysis.com) - The Venezuelan government has announced new controls on the prices of housing rents, while prices of medicines are also currently under review. Many basic goods in Venezuela are subject to price controls, including some food items and domestic goods, and the government has now added housing rents to the list of products subject to regulated pricing. In taking some pointers from "The Rent Is Too D*** High" party, Venezuela has decided to set a case to case price ceiling for the housing rental market. Most landlords will set the price based on construction costs, which tends to put tenants in a tight situation when looking for a somewhat temporary residence. Because of this, the government of Venezuela has forced landlords into setting prices only as high as what the Housing Ministry determines to be the true value product. Venezuela has also started doing this with medication, since medicine should be made available to all who are in need of it, although there has been backlash from pharmaceutical companies. They argument is that the artificial lowering of prices in the pharmaceutical industry will cause suppliers to produce less of the medicine than what the population needs.

This article gives a short briefing on how the Indian government are imposing price controls on a huge number of drugs in India. The new cabinet was forced by the Group of Ministers, and was also requested by the Indian Supreme Court, so it is obvious that this was necessary and quite urgent, as the court gave two weeks to fix the cause.

The article was initiated by a series of event regarding a man, Mark Shuttleworth that transferred money to the South African Reserve Bank. Through powers granted under exchange controls legislation, the South African Reserve Bank imposed a levy of 10% to the money deposed. A big scandal started around the court cases which brought up several good points for the economy of South Africa. It was stated that controlling currency flows gives smaller economies more stability as well as independence. The free flow of capital would also cause account deterioration, inflation and currency devaluation. It was also mentioned that large institutions in South Africa (like its reserve bank) are not interested in red tape or levies, but some how imposed on on Shuttleworth. In addition, they stated that free trade comes as a cost that comes in a form of lost tax revenues and a loss of jobs in South Africa.

The government of Greece decided to put an old airport (twice as big as Central Park) for sale for 6 billion euros. In this way, the government would sell this old area to a private owner, therefore creating 9,000 jobs for Greece and helping the government and the country. We can say that this is price control, since the Greek government gave the price for the area, and is trying to stabilize/help the economy by creating a price for this area that could be used to help greatly Greece. In fact, not only jobs would be given but tourism would increase greatly (as well as the Greek income).

The article I chose deals with shortage of primary products in Venezuela. It first describes how the prices changed. Afterwards it shows that the government mada a maximum price on these products. It then describes the difficulties with inforcing a maximum price.

The article talks about the demand for more affordable homes, and how house prices rise and rise. It says that mean age for affording a home has risen to 35 due to the high prices. What Britain wants to do is to build more affordable houses, and they hope to make the economy better in that way.

After Sandy hurricane devastated the Eastern Coast of the United States, gas became scarce. Due to this, authorities introduced so called odd-even gas rationing which limited the consumption the same as when governments introduce price ceilings and shift the demand curve to the last. With few major differences. Too many people needed fuel to power generators. Government gave subsidy to oil importers, so price slumped a bit (not significant) - so this was the maximum price. Simultaneously, also the demand grew bigger and there were only a few gas stations operating and those who were operating experienced inevitable chaos. So authorities shift the demand curve to the left until equilibrium is reached at maximum price to limit the consumption, so that queues were manageable. This rationing ends tomorrow as recovery is completed.

This article shows examples of price control because it talks about how the indian government has lowered prices on most major drug brands there. This hurts india because there are less investors.

What I like about this article is not just that it's related to inflation (which is definitely a plus) but that it also discuss one of the factors of an economy affected by inflation, interest rates. This is very important because many articles will talk about how inflation has increased or decreased and how this is good or bad for the economy, but they don't explain in what way. You all get a sense for how the government of Nigeria intends to react to this inflationary event and what role the control of interest rates plays in the reaction.

the article talks about the warning Chinese bank is giving to the country on inflation. China is on "high alert" because of a reported jump in inflation of a 3.2%. China must really pay attention to inflation this time because as Mr. Zhou said in the past some economists thought that a high inflation was no big deal and they could control it after the economic growth but international experience show that it might not be correct.

This article talks about how people in the UK tried to buy cheap meat, and instead got horse meat. The article is related to aggregate demand as it involves the whole economy of the country: people can't consume as much, therefore they are buy cheap meat online or importing it so that they won't spend as much money. However, the government is preoccupied as there is no control over the meat. This is not only happening in the UK, but also in other countries where the population is not consuming as much due to the lack of money and the economic crisis.

This article highlights cuts in government spending in the US, specifically on airports and airlines. We know that government spending is a major component of aggregate demand. If government spending goes down, it is likely we will see a shift left in the aggregate demand. This is the result of about 10% fewer workers at any given time in the air transportation industry around the country. The article specifically highlights that this includes air traffic controllers as the decrease in them most affects consumers.

The article focuses on the trade relations between Germany and Pakistan. The amount of trade articles has risen from last years 2.32 billion to 2.89 billion dollars. The relations in between these two countries has grown every since the Pakistani ban for importing items because of the mad cow disease (about 10 years ago). Luckily, the ban and the disease blew away and the situation is under control. Germany and Pakistan are working toward a bilateral agreement of trade and looking forward to new investment in the future.

OTTAWA - The Harper government is set to propose a number of new measures to close the U.S.-Canada consumer price gap, including the possibility of extending the tariff relief offered on sports equipment in the last budget to consumer electronics and other products. Put pretty simply, it seems that global corporations are using different prices on sports equipment and what not between US and Canada. In order to combat this, the countries are lowering their tariffs in an attempt to allow businesses to pass the savings onto consumers. The article doesn't give much details on the situation, but this is definitely a good example of how the manipulation of protectionist import controls can be used to affect the market.