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Tag: price controls

Argentina: putting the freeze on prices

Apr 10, 2013 10:42pm by Jude Webber
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Argentina has frozen fuel prices for six months – it’s latest pre-electoral inflation busting wheeze.

The new measure, which follows a temporary supermarket price freeze which has already been extended to June 1, will remain in force until just before mid-term congressional elections which the government needs to win to bolster its chances of perpetuating its “model”, or maybe even its president (if she seeks constitutional changes to run for a third term) in the 2015 presidential vote. Continue reading »

Tags: , Posted in Argentina, LatAm |

India: sweet news for sugar producers as minister lifts restrictions

Apr 5, 2013 1:28pm by Avantika Chilkoti
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Indian sugar companies are rejoicing after the government finally lifted its curbs on sugar supplies.

India’s food minister, KV Thomas announced on Thursday evening that there will no longer be an obligation on Indian sugar mills to sell their produce to the government at concessional rates and there will no longer be a limit on the quantity they can sell on the open market. Continue reading »

Tags: , , , , Posted in Asia, India |

Argentina’s Canute-like stand against inflation

Feb 6, 2013 7:52pm by Jude Webber
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King Canute commanding the waves to go back to Bosham

Inflation-hit Argentina has just agreed a new round of price freezes with major supermarkets, neighbourhood stores and white goods retailers until April 1.

Fine… except that even Cristina Fernández, the president, is sceptical that such accords actually work and even some of the participants see it as a futile, Canute-like exercise. Continue reading »

Tags: , , Posted in Argentina, LatAm |

Venezuela: subsidised drugs for all

May 9, 2012 12:12am by Benedict Mander
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While many will praise the noble intentions behind the Venezuelan government’s inauguration of a nationwide network of subsidised pharmacies on Monday, just as many will reject it as a populist stunt ahead of October’s presidential elections.

Perhaps it’s a bit of both – but will it work? Continue reading »

Tags: , Posted in LatAm, Venezuela |

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