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Mexico Deregulates Gas Prices

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follow the latest news of” market news” from different sites to most famous technicals /Tim Worstall by 2017-01-08 at 5:1

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Mexico Deregulates Gas Prices

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

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.
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Update: Mexico Wakes Up to New Year, New Gas Prices

Update: Mexico Wakes Up to New Year, New Gas Prices*/

– Mexicans woke up with a headache on January 1, but less because of New Year’s hangovers and more because they were feeling the pinch of price hikes on everything from produce to transportation.The culprit?A gasolinazo—gas price increases that could get as high as 20 percent this month while the country starts the process of dismantling longstanding fuel subsidies.
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