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Stamenkovic A

New Fuel Prices Per Litre RON95 -RM 2.26 And RON97 -RM 2.46 Effective 1st December - 1 views

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    IN Kuala Lumpur the price of RON95 petrol for the month of December is likely to be reduced by four sen, and for the same period, RON97 is expected to cost RM2.46 after the government agreed to lower its price by nine sen. On Nov 21, the government announced that fuel subsidies for RON95 and diesel would be removed from Dec 1. The decrease in the fuel price will benefit the people since, if fuel subsidies lead to an increase in prices, the price of express bus tickets should also be reduced when there is a drop in oil price. Federation of Malaysian Consumer Associations vice-president Mohd Yusof Abdul Rahman said money saved from the removal of subsidies could be used to upgrade the public transport system.
Sinmaz S

Obesity as a market failure ‹ Japan Today: Japan News and Discussion - 1 views

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    In his article, Roberto De Vogli, discusses how obesity is a kind of market failure. Aapart from the comon view that obesity is "an effect of specific individual and lifestyle choices," Roberto De Voglie argues that "the problem is largely a byproduct of deeper political and economic changes in society.". Apart from discussing the reasons for this failure, he propeses a solutions. He says an ulta-processed food tax" must be introduced on fast foods and the revenue coming from this tax must be used as a subsidy fruits, vegetables and healhty foods.
Jack L

In Palm-Oil Market, Optimism Over Biodiesel Subsidy Fades - 0 views

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    This article talks about how Indonesia's supply of palm oil is decreasing, which inturn is effecting the Palm oil industry this having some very large economic implications. As the palm oil industry contributes a lot to indonesia's economy a decrease in the production will cause a decrease in the Aggregate supply.
Stamenkovic A

India's Modi Ends Fuel Subsidies - 0 views

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    This article talks about how a new Indian prime minister, Modi, benefited from successfully predicting the oil market. The oil prices dropped significantly after the year of 2010, and the Brent crude oil became the cheapest of all the oils. This means that the demand for it is also the lowest, however since Modi carefully observed the demand and supply of oil, he concluded that demand and supply haven't changed much, however the price did get lower. Thus, he increased the prices of oil, trying to reach the state of equilibrium.
Moro E

Call to control rising house prices - 1 views

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    The Help to Buy scheme helps people buy their first houses even if they are on low income but because the prices of houses keep increasing the government is being asked to intervene
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