The president is trying to keep prices down in an effort to maintain support before municipal elections vital to his party’s hold on power.
Tag: Prices (Fares, Fees and Rates)
Is Zimbabwe’s President Showing His True Colors After Violent Protests?
Hopes that Emmerson Mnangagwa would govern with a lighter hand than his predecessor, Robert Mugabe, have been dashed by a crackdown on demonstrations.
Investors Are in Retreat, and the Poorest Countries Are Paying for It
As the Federal Reserve raises rates, global investors are pulling their money from emerging markets, damaging the world’s most vulnerable economies.
Oil Prices Plummet 7% on Fears of a Glut
Higher production than expected in Russia and the United States suggest that an OPEC deal to reduce supply might not do enough to stabilize prices.
France’s Yellow Vest Protests: A Briefing on the Movement That Has Put Paris on Edge
The grass-roots protests present President Emmanuel Macron with a potential political crisis. More mayhem may put his ability to govern into question.
Falling Oil Prices May Make Trump Happy but They Pose Risks for U.S.
While falling prices help consumers, another big decline of the kind the president is seeking could hurt the economy in oil-producing states like Texas.