Fuel price cap drives China to a halt
THE use of old-fashioned price controls to fight inflation is causing road chaos in some parts of China as speculators hoard fuel and refineries send their product overseas.
Fuel hoarding is so 1970s, but then again so are old-fashioned price controls to fight inflation.
AAR Rail Traffic in November: "Continued Economic Uncertainty Reflected in
Rail Volumes"
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From the Association of American Railroads (AAR) AAR Data Center. *Graph
and excerpts reprinted with permission*.
*Continued Economic Uncertainty Reflecte...
11 hours ago
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