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| Articles about Subsidies |
| Barack Obama Supports Ethanol Subsidies, Promises to Starve Entire Third World | | 2008-08-06 09:33:04 | | It has not even been six months since America's subsidization of ethanol turned into an abject disaster. Not only did it waste taxpayers' money on a product that cannot survive in the free market, it had the result of increasing the price of food everywhere and literally starving thousands of poor people throughout the world. Subsequently, one would expect removing all ethanol subsidies would be a nonissue; then again we have to remember that we are in an election cycle where all intelligent decisions get thrown out the window.Barack Obama just announced this week that he supports a new $300 billion pork barrel farm bill, which includes subsides for ethanol. He might as well be promising to starve the entire Third World while making it more difficult for the American family to afford their groceries. But, we all know that the Midwestern farming states tend to support these bloated subsides, and Barack Obama implicitly believes it is ethical buying votes with other people's money.Th... | | By: Copious Dissent - Your Daily Dose of Liberty | | |
| | Subsidies slowing Morocco's inflation to 3.1% | | 2008-07-10 18:10:00 | | According to the High Planning Commission (HCP), Moroccan consumer prices are likely to rise 3.1% this year, compared with 3.8% in 2007, as subsidies on fuel and basic foods offset soaring world commodity prices. Year-on-year inflation was 5.4% in May. Finance Minister Salaheddine Mezouar (pictured above) last month forecast annual inflation of 2.7% to 2.9%, up from an initial estimate of 2.0%.The HCP said inflation would be below the rate in many developing countries because of the state subsidies, which would cost more than MAD 40 billion this year, way ahead of the MAD 15 billion foreseen in the 2008 finance law.Morocco imports all of its petroleum needs and around half its grain.The subsidies shield the country from high imported fuel and commodity prices and allow the 14% of Moroccans who live in poverty to feed themselves.The IMF said last month the cost of the subsidies could double as a share of GDP this year to reach about 5%, more than the government spends on investment."Thi... | | By: THE VIEW FROM FEZ | | |
| | How to Claim Petrol Subsidies | | 2008-06-12 00:41:00 | | Oil Price keep increasing day by day. It was believed, it's going to turn out into AS$250 per barrel on 2009. So that's make sense oil going to crush double price on what we had now..Erk..that's creepy. Upon the petrol price hikes, government had announce it's subsidies for all cars below 2000cc.The rally keep heating up here Anti-fuel hike roadshows begin on Saturday. And what we can do now is just take what we can get. So, let us head up to the post office and claim our petrol subsidies! Don't forget to bring your IC and most importantly you must be the owner of the car.Just for reminder, you shall not recieve the money on the dot. It takes time to fill in some form , JPJ confirmation..bla..bla..erk..pain in an ass..just to get petrol subsidies.Click below image for larger step by step how to Claim Petrol Subsidies :Malay version :Dengan kenaikan minyak yang mendadak, kerajaan berbesar hati bagi subsidi kepada rakyat malaysia! Cara / Langkah nak tuntut atau ambil wang subsidi adalah ... | | By: What's Up | | |
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| Malaysia Plans to Reduce Fuel Subsidies Within Two Months | | 2008-05-24 03:54:00 | | Malaysia plans to reduce fuel subsidies within two months, Second Finance Minister Nor Mohamed Yakcop said yesterday. The risk to the ringgit and other regional currencies is the spike in inflation from the withdrawal of fuel subsidies. The ringgit traded at 3.2175 per dollar in Kuala Lumpur for a 0.5 percent gain on the week, according to Bloomberg data, ending a four-week slump.Man, when will the oil price will go down.
© Forex Trading Journal
Some right reserved.... | | By: Forex Trading Journal | | |
| | US Government Extends Subsidies for Sleep Devices | | 2008-03-13 20:26:50 | | The problem of sleep apnea is continuously growing and to try and help satisfy this problem, the US government has recently passed a bill to extend subsidies for additional sleep breathing devices and aid people suffering from the dreaded sleep problem.
Among the benefiting companies will be ResMed, a respiratory equipment maker that specializes in [...]... | | By: Sleepzine | | |
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