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Despite the G7 and EU’s imposition of a $60 per barrel price ceiling on Russian oil, the Kremlin continues to roll in the petrodollars, highlighting Moscow’s adeptness at navigating financial restrictions tied to its critical budgetary reliance on oil, experts told NV.
The European Union is currently undecided on whether to keep emergency price caps on imports of natural gas, implemented in February 2023, the Financial Times reported on Oct. 22.
Philippine President Ferdinand Marcos lifted a price ceiling on rice Wednesday, weeks after capping the cost of the staple to support poor households."As of today, we are lifting the price caps on rice, both for the regular milled rice and for the well-milled rice," Marcos said, at an event in Manila where a thousand sacks of "smuggled" rice seized in a raid were distributed to poor families.
MANILA, Sept. 5 (Xinhua) -- Rice is essential on Filipino dining tables, serving as the canvas for countless culinary creations and traditions. However, the rec
Advocacy groups on Friday sounded the alarm over the issuance of an executive order setting retail price ceilings on rice across the country as it could result in lower farmgate prices of the commodity to the detriment of farmers.