collected by :Rechard Bernard
follow the latest news of” market news” from different sites to most famous technicals /Tim Worstall by 2017-01-08 at 5:1
Mexico Deregulates Gas Prices
– Best States For Business 2016Mexico is having a bit of consumer resistance to yesterday’s price hikes in the gasoline and diesel market in that country.However, the government is doing exactly the correct thing–things should be sold for what they cost to produce.It’s entirely possible that some people are too poor to pay the higher prices that result and the solution to that is very simple indeed–subsidise the poor people, not the item in question for everyone.
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Riots, Looting in Mexico Over Spiking Gas Prices
– SIGN UP FOR OUR NEWSLETTERMONTERREY, Nuevo Leon — Authorities arrested 48 men in connection with a protest that evolved into a large scale riot and the looting of numerous downtown stores.The protest appeared to be connected to Mexico’s most recent spike in gasoline prices.Nuevo León Authorities confirmed the arrests of 48 rioters on Thursday night.