Major Asian Countries raise Gasoline Prices
July 10, 2013
Hardly noticed in Europe, India, China and Indonesia, the three biggest Asian countries, have most recently raised their gasoline prices. This unpopular measure had become necessary in view of rising world market prices, excessive budget subsidies or current account deficits. The persistent preaching by the IMF against fossil fuel subsidies might also have had some… » read more
Posted by Eberhard Rhein