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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.
ISM® Manufacturing index Decreased to 47.9% in December; "Lowest Reading of
2025"
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(Posted with permission). The ISM manufacturing index indicated
contraction. The PMI® was at 47.9% in December, down from 48.2% in
November. The employment...
4 hours ago
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