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This article talks about the price control put on fruits in Egypt to ensure that consumers can consume fruits at low enough price.

This article is about the price control on vegetables in Egypt. Apparently vegetable prices increased ver much recently in Egypt, therefore government has decided to put a price ceiling to these goods, to keep consumer expenses down. THe article talks about another time such a control has taken place, but it says those times (1970s)fruit and vegetables often disappeared from the marketplace into the black market so the government had to moce the price control on1980. The rationale behing this control is explaine as following in the article "The ministry said it would also work to lower prices by increasing the amounts of produce available in state-run cooperatives and ministry of agriculture outlets and by sending lorries to deliver fruit and vegetables to poorer neighborhoods." PS: Sorry for the late upload...

This article talks about price controls in India on Medicine. There are 12 key drugs in the fight against cancer and they are quite expensive, the government therefore is thinking of imposing price controls on these key drugs so that everybody can afford the drugs while fighting a disease.

12 drugs important for the treatment of cancer are coming under price control in an effort to make them affordable to a wider range of patients

The following article discusses the price controls planed by the government in Venezuela. Due to the Christmas season arriving, the government has lowered prices of products to benefit employees and prevent surpluses of products.

I'm sure people don't normally comment on each other's bookmarks but I love this article. It's the good will of people who are willing to work in order to put in a maximum price and enforce it so that shoppers can buy their presents and keep the economy going.

Wal-Mart Stores (WMT) plans to sell the newest iterations of iPhones at a discount, a pricing strategy that Apple (AAPL) has managed to squash for years. The cheaper iPhone 5c will be sold at the world's largest retailer for $79 along with a standard two-year service contract, 20 percent less than anywhere else in the U.S. This article is discussing how Walmart's IPhone discount defeat's apple's price controls. The IPhone 5c for example is being sold by a retailer for 79 USD with a two-year contract which is a breakthrough.

The way this relates to this week topic is that the Indian government is trying to put a maximum price on medical devices that are supplied to the public hospitals.

Argentina according to the article has suffered from a high annual fluctuation last year and the percentage will increase this year if the government do not take action. As predicted, the government did of-course see an inflation which is 18.2% which is lower than that of last. And this inflation occurred from January to August.

On Friday, Korea will introduce a new book price control system in order to try to salvage its moribund publishing industry. The new scheme will lower the cap to 15 percent and cover all books ― regardless of their genres or how long they have been on the shelves. However, it is not sure wheter it will be sufficient to turn around Koreans decreasing interest in books.

New Zealand telecommunications network operator Chorus Ltd said on Tuesday its earnings will take a lesser hit after the sector regulator proposed easier price controls on broadband over its network, sending the company's shares to a one year high. As a result the New Zealand telecommunications have been able to charge NZ$38.39 for a monthly phone contract instead of NZ$34.44 a month and this will obviously have financial benefits for the company.

The sugar industry in Maharashtra, the biggest producer of the sweetener in the country, expects that the formation of the Sugarcane Price Control Board (SPCB) will lead to a permanent solution on the sugarcane price issue. They are going to implement a revenue sharing formula in order to fix this.

This article discusses how the Tata Memorial Center in India wants these 12 cancer treating medicines to be put onto the essential medicines list so that the prices would be government controlled. This allows for the government to subsidize and adjust the prices of the medicines accordingly.

The budget control act is being edited. They are deciding what to do with budget caps and how to control them. The senate made a base for the rest to work of off but not everyone is on the same terms.

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

This is an article from 2001, however the material is regarding petroleum prices which I find increasingly relevant, since this finite resource is used everyday and gas prices in the US have recently in this month started to decrease. This begging the question, why? Could it be that we might see a price control on the fluctuating prices of gas regardless of the fact that the supply is low and demand is high?

This is an article from last month, and I took it from "The Economic Times". It talks about how India could face water scarcity in the near future due to their growing population.

I have chosen this topic because it emphasizes the importance of balancing the number of births per year. It can be seen as a really good thing of increasing the number of your race, but it can be a big problem if the population get out of the control and limits the water per people in the country

India is in danger of moving towards water scarcity conditions as per capita availability of water is reducing in the country, due to variations in rainfall and increase in demand for water from industries.

The government is has expressed a desire for higher minimum wage. By creating a limit to how low the minimum wage is, the government is imposing a minimum price or a price floor. The increase in minimum wage translates into an increase in the minimum price or price floor.

This article concerns the price ceiling set on milk products. The government did this because milk industries were raising the price of milk products for children under 6 years old. It is hoped that this will stabilise the prices of milk.

This article concerns the excise tax place on beverages containing sugar. Berkeley has done this to reduce the amount of consumption of the drink, which they hope will improve nutrition and health in the area. This shows that the beverage is elastic, and the government are controlling its demand.

Here is an example of a market failure. The pharmaceutical drug is being sold at a price too high for consumers. The Canadian government plans to impose a price ceiling on the good.

This article is taken from money control a CNBC website.The article was written on the 25th of February this year and the article talk about the increase in production of oil and why the prices of oil have not reduced. OPEC being the largest oil producers are not willing to cut down the prices of the oil they sell

According to the federal government, weed is one of the most dangerous controlled substances on the market, especially after it was legalised in Colorado. Colorado's Proposition AA, passed two months before legalization, requires that recreational marijuana be subjected to a 15 percent excise tax, a levy imposed on goods such as gas, alcohol, and tobacco, in addition to a 10 percent state sales tax. During the first fiscal year the state pulled in just under $14 million in marijuana taxes, licenses, and fees according to the Colorado Department of Revenue. The money is going to build schools, support drug prevention and intervention programs, fund the state's Marijuana Enforcement Division. On the other hand, medical marijuana patients only pay a 2.9 percent tax on weed.