Businesses in a small Kentucky town are crying “socialism” after the mayor got tired of constant price gouging and opened a city-owned ...
Businesses in a small Kentucky town are crying “socialism” after the mayor got tired of constant price gouging and opened a city-owned gas station. According to The Associated Press, the Somerset Fuel Center was a hit with consumers when it opened on Saturday. It served 75 customers in the first three hours, and has been averaging about 300 fill-ups per day ever since. Mayor Eddie Girdler said that residents of Somerset, which is a tourist destination, had complained for years about high gas prices, which the town estimated were 20 to 30 cents higher per gallon than surrounding cities. So for less the $75,000, the city was able to open the fueling center, with 10 pumps and no frills. The station doesn’t sell snacks or do repairs. While the mayor expected to break even on the operation, he said that the goal was to lower the overall price of gas in Somerset. And it seems to be working. Nearby stations had already cut prices by 10 cents.. http://www.rawstory.com/rs/2014/07/24/price-gouging-businesses-cry-socialism-after-ky-drivers-flock-to-city-run-gas-station/ Less
The Bank of Japan says the prices of goods traded among companies rose for a 19th straight month in October. They rose 2.9 percent from a ye...
The Bank of Japan says the prices of goods traded among companies rose for a 19th straight month in October. They rose 2.9 percent from a year earlier. The central bank said Thursday that the Corporate Goods Price Index stood at 105.5 against a base of 100 set in 2010. Excluding the effect of the consumption tax hike, prices rose just 0.1 percent. Growth dropped below 1 percent for a second straight month. Less
The Chinese housing market remains sluggish, with new home prices falling in almost all major cities. The National Bureau of Statistics r...
The Chinese housing market remains sluggish, with new home prices falling in almost all major cities. The National Bureau of Statistics released the housing data for October on Tuesday. Prices of new homes fell in 69 out of 70 cities from the previous month, and remained unchanged in one. The number of cities in which prices fell stayed at a record high for a second month since data became available in the current form in 2011. Prices of existing homes rose in 2 of the surveyed cities, a slight improvement over September, when prices fell in all cities. Less
Oil Dip- Prices tumble to 3 month low on Iran deal news #financial_support_div{ display:none; position: absolute; wi...
Oil Dip- Prices tumble to 3 month low on Iran deal news #financial_support_div{ display:none; position: absolute; width:300px; height:180px; margin-left: -150px; margin-top: -70px; /*- half of width and height */ top:50%; left:50%; padding: 5px; opacity:0.9; filter:alpha(opacity=90); z-index:1000; background-color:#000; color: white; } .close_box{ background: gray; color:#fff; padding:1px 3px; display:inline; position:absolute; right:1px; margin-right: -13px; margin-top: -13px; border-radius:3px; cursor:pointer; border: 1px #000 solid; } $(document).on("click",".close_box",function(){ $(this).parent().fadeTo(300,0,function(){ $(this).remove(); }); }); Loading the player ... Less
Around 20 people entered a 'Varus Supermarket' in Kiev and took several food and drink products without paying for them, in protest against ...
Around 20 people entered a 'Varus Supermarket' in Kiev and took several food and drink products without paying for them, in protest against what they see as high prices, Saturday. Video ID: 20150912-030 Video on Demand: http://www.ruptly.tv Contact: cd@ruptly.tv Twitter: http://twitter.com/Ruptly Facebook: http://www.facebook.com/Ruptly LiveLeak: http://www.liveleak.com/c/Ruptly Vine: https://vine.co/Ruptly Instagram: http://www.instagram.com/Ruptly YouTube: http://www.youtube.com/user/RuptlyTV DailyMotion: http://www.dailymotion.com/ruptly Less
Hundreds of farmers blocked several key roads near the cities of Le Mans and Rennes in protest against the falling price of EU agricultural...
Hundreds of farmers blocked several key roads near the cities of Le Mans and Rennes in protest against the falling price of EU agricultural products. The protesters burned tires and blocked the roads with tractors and other agricultural vehicles. Less
Two fails in one video. Filmed during the 2014 summer in Larvik, Norway at their favorite chillout spot, two friends wanted to test the loca...
Two fails in one video. Filmed during the 2014 summer in Larvik, Norway at their favorite chillout spot, two friends wanted to test the local legend it was not possible to jump the gap between the rocks, without falling into the water. They tested the legend, and found out it was true. Thanks for the fail guys. For licensing or commercial usage of this video, please email info@vidageo.net Less
Democratic presidential candidate Hillary Clinton vows to make critical prescription drugs affordable at a campaign event in New Hampshire.
One on one, no guns, no knives, just let the fists do the chit-chat!
A U-turn at the Russian border may be the only choice for truckers delivering produce from the European Union, after Moscow banned imports o...
A U-turn at the Russian border may be the only choice for truckers delivering produce from the European Union, after Moscow banned imports of most food from the West. Frustration is already clear at the frontier with Finland with long queues building up as the embargo, imposed by Russia in retaliation for sanctions over Ukraine, takes immediate effect. Highlighting the impact on the German market, the country’s farming minister Christian Schmidt argues it won’t be hit as hard as the public might believe. He says that in the last nine months or so: “Russia has already been a changeable customer, and our exports of meat and milk have dropped dramatically.” In Greece, some believe the ban could benefit local consumers – forcing prices down as exporters have to sell at home produce they can no longer ship to Russia. Athens fruit salesman Spilios Nassopoulos said: “People will eat at a discount. It is just that the producers won’t get the income they have had. That is the only problem. The producers will be hit. But the people in the cities will eat cheap fruit.” Imported food accounts for 43 percent of what Russians eat. Half of the cheese consumed in Russia comes from abroad as well as nearly two thirds of the vegetables, and around a quarter of the beef and pork. But some shoppers in Moscow see the ban as an opportunity. “I think it is the right decision,” said Alla, as she made her purchases in a supermarket in the Russian capital. “I think our producers need to start working to make their products available to us so that we can start buying our own produce.” Russia’s one year ban covers all meat, fish, dairy, fruit and vegetables from the United States, the 28 European Union countries, Canada, Australia and non-EU member Norway. Less
Wednesday was another rollercoaster day for the rouble and the Moscow stock markets. The Russian currency and share prices strengthened af...
Wednesday was another rollercoaster day for the rouble and the Moscow stock markets. The Russian currency and share prices strengthened after the finance ministry said it would use its foreign currency reserves to support the rouble on top of what the central bank is doing, Even though it turned out the ministry was only talking about $7 billion of money it had left over in its budgets before the end of the year, it was enough to help boost the rouble slightly. The Moscow RTS index also bounced back a bit, finished Wednesday’s session up 14.4 percent. However the situation remains extremely volatile amid fears of a prolonged crisis. Prime Minister Dmitry Medvedev met government and central bank officials on Wednesday along with major exporters – mostly energy firms. Afterwards he said: “What we are seeing today is mainly emotional games. It is in our interests to bring order to the markets, no citizen, nor any bank or any industry gains from instability.” He added there was no need for limits to be imposed on currency exchange. But the plummeting rouble has sent many Russians running to the shops to buy expensive imported items like electronics in anticipation of price hikes. They are driven by memories of the 1998 Russian financial crisis, when the currency collapsed within a matter of days. One shopper said: “We just bought several electronic devices: a washing machine which previously sold for 30,000 rouble now costs 38,000.” Another added: “You absolutely should spend your money now. This is the time.” Swedish furniture giant IKEA – like many firms that import their products – said it will put up its prices on Thursday which saw the aisles packed on Wednesday afternoon. While Apple halted online sales in Russia as fluctuations in the value of the rouble made it impossible to price its products. People trying to buy just got an on-screen message which read: “We’ll be back. We’re busy updating the Apple Store for you and will be back soon.” Less
The French competition authority has fined 11 multinational companies 951 million Euros for price fixing in supermarkets. Employees from t...
The French competition authority has fined 11 multinational companies 951 million Euros for price fixing in supermarkets. Employees from the various companies would meet in restaurants and exchange correspondence at their private homes to set price increases for household products such as soap and toothpaste. The anticompetitive behaviour is illegal under French law. Colgate-Palmolive, Unilever, Procter & Gamble, Sara Lee and L’Oreal are amongst those accused. L’Oreal and Unilever say they will appeal. SC Johnson, Colgate and Henkel will have smaller or no fines for cooperating and blowing the whistle on the cartel. Less
The Russian president has ordered a freeze on vodka prices amid an escalating economic crisis. During a meeting Putin told government offi...
The Russian president has ordered a freeze on vodka prices amid an escalating economic crisis. During a meeting Putin told government officials that high prices were encouraging the production of bootleg spirits which can be lethal. According to a study by international universities, a quarter of Russian men die before they reach their mid-fifties, and their favourite tipple was partly to blame. The government regulated minimum price of a half litre of vodka has increased by 30 percent since 2013 to 220 roubles (around 3 euros). The country is facing the worst economic crisis since 1998 when the rouble was devalued and Russia defaulted on its debt. Next year could see Russia slide into recession with Western sanctions and the fall in oil prices denting the economy. The announcement to cap vodka prices coincides with the release of a survey showing a growth of protest moods in the country. Less
Political uncertainty about Greece and will it or won’t it stay in the eurozone following elections later this month, along with plummetin...
Political uncertainty about Greece and will it or won’t it stay in the eurozone following elections later this month, along with plummeting oil prices have driven the markets in a downwards direction, firmly hitting the red. Asian shares tumbled on Tuesday – Japan’s Nikkei dropped 2.4 percent. In fact all markets in the region sank with even high-flying mainland China shares pulling back. Still the European Central Bank possibly buying up government debt this year to shore up European economies is a calming prospect for some. However the unrelenting slide in oil prices has showed little signs of slowing in the new year, plunging as much as six percent on Monday to hit their lowest since spring 2009, as increased output of US shale oil has exacerbated a global supply glut. Less
In Haiti’s capital Port au Prince, protesters threatened to disrupt Carnival celebrations which are due to take place on Sunday. They’...
In Haiti’s capital Port au Prince, protesters threatened to disrupt Carnival celebrations which are due to take place on Sunday. They’re angry at the cost of fuel which they say is nearly twice the price it should be, following a large fall in international oil prices. Police used tear gas briefly to disperse the crowd. Amid political and economic crises in the country, demonstrators demanded the resignation of President Michel Martelly. Elections, which are three years overdue, are set to be held this year after the president reached an agreement with the opposition to form a new government. Less
The battle for Aleppo is raging and civilians are paying the price. Reports say at least 22 have been killed in a government barrel bomb a...
The battle for Aleppo is raging and civilians are paying the price. Reports say at least 22 have been killed in a government barrel bomb attack as the tug of war for control of Syria’s second city intensifies. Images on social media purportedly show the aftermath. It looks like revenge for Wednesday’s blast at the regime’s Air Force Intelligence headquarters in the city. Rebels are said to have detonated explosives from a tunnel underneath the building. The blast and subsequent fighting have reportedly killed 34 people on both sides. Away from the frontline, French President Francois Hollande hosted leaders of Syria’s Western-backed political opposition. And for the first time its leader announced that the departure of President al-Assad is no longer a pre-condition for peace talks. But presenting this new strategy, Khaled Khoja, President of the Syrian Coalition, insisted: “The fall of Bashar Assad was never a condition, not even at the Geneva talks, and yet the negotiations must be clear and aimed at ending this regime.” As the conflict’s impact spreads further with foreign extremists heading home, Syria’s President blamed Europe for failing to tackle jihadists. “First, you need officials in Europe to have the will to fight terrorism. This is something we don’t find until this moment,” Assad said in an interview with Portuguese broadcaster RTP. The weakness of Syria’s mainstream opposition and tightening grip of Islamist militants has complicated diplomatic efforts to end the conflict that has killed some 200,000 people. Less
in this video released today, Al-Qaeda in the Arabian Peninsula puts a price on the capture or killing of Ali Abdallah Saleh and Abdul-Malik...
in this video released today, Al-Qaeda in the Arabian Peninsula puts a price on the capture or killing of Ali Abdallah Saleh and Abdul-Malik al-Houthi. 20kg of Gold for each ! #financial_support_div{ display:none; position: absolute; width:300px; height:180px; margin-left: -150px; margin-top: -70px; /*- half of width and height */ top:50%; left:50%; padding: 5px; opacity:0.9; filter:alpha(opacity=90); z-index:1000; background-color:#000; color: white; } .close_box{ background: gray; color:#fff; padding:1px 3px; display:inline; position:absolute; right:1px; margin-right: -13px; margin-top: -13px; border-radius:3px; cursor:pointer; border: 1px #000 solid; } $(document).on("click",".close_box",function(){ $(this).parent().fadeTo(300,0,function(){ $(this).remove(); }); }); Loading the player ... Less
Man posts video to socal media showing how to get half price Mcdonalds
Police used water cannon in a bid to break up protesters, arresting around 230 citizens according to local media, as thousands of activists ...
Police used water cannon in a bid to break up protesters, arresting around 230 citizens according to local media, as thousands of activists marched through the streets of Yerevan, condemning the increase of electricity prices on Monday evening. As the demonstrators attempted to march through Marshal Baghramyan Avenue, they were blocked off by the police using water cannons, which then resulted in a sit-in protest. Police officers deployed water cannons in an effort to disperse the sit-in demonstration, but protesters remained seated. The figure for the number of arrests was reported by local media quoting the Armenian Public Relations and Information Department of the Police. Video ID: 20150623-033 Video on Demand: http://www.ruptly.tv Contact: cd@ruptly.tv Twitter: http://twitter.com/Ruptly Facebook: http://www.facebook.com/Ruptly LiveLeak: http://www.liveleak.com/c/Ruptly Vine: https://vine.co/Ruptly Instagram: http://www.instagram.com/Ruptly YouTube: http://www.youtube.com/user/RuptlyTV DailyMotion: http://www.dailymotion.com/ruptly Less
More than 5000 people took to the streets of the Armenian capital Yerevan on Tuesday morning. Blocked from reaching the presidential palace ...
More than 5000 people took to the streets of the Armenian capital Yerevan on Tuesday morning. Blocked from reaching the presidential palace when they were confronted by a wall of riot police, they began a sit-down protest blocking one of the city’s main roads. They were angry at an announcement that household electricity prices were going up by 17 to 22%, but they got even angrier when police turned water cannon on them, and then charged the crowd. More than 200 people were detained, and seven demonstrators and 11 police officers were injured. Armenia has been hard hit by the recession in its main trading partner Russia, and has seen its currency devalue heavily in recent months. Less
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