Price cap carriers

Share to Twitter Share to Linkedin While there’s no sign that Tesla owners in the U.S. are going to riot in Tesla stores to protest price cuts like Chinese Tesla buyers , there’s still a significant number who are unhappy. Mostly, those are people who just bought. “$69k no-USS having MYP owner here,” says a recent Model Y Performance purchaser in a Reddit threat , who’s also bemoaning the fact that Tesla recently removed ultrasonic sensors (USS) in favor of vision-driven proximity alerts. “This is wack.” The base price for a Model Y Performance Tesla in the United States is now $49,190, with a potential $7,500 federal tax credit further reducing the price if the vehicle (and buyers) meet certain standards. “Same here man,” another buyer replied. “If I wasn't at work I'd be sobbing in the fetal position right now.” After years of price increases after pre-launch pricing of under $50,000, Tesla is finally dropping prices. Likely, that’s due to … [Read more...] about Tesla Owners Are Not Happy About Price Cuts: ‘Sobbing In The Fetal Position’

Oil Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year holiday in east Asia, but held on to most of last week's gains on the prospect of an economic recovery in top oil importer China this year. Brent crude futures retreated by 46 cents, or 0.5%, to $87.17 at 0031 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, also down 0.5%, to $81.24 a barrel. Last week Brent rose 2.8%, while the U.S. benchmark logged a 1.8% gain. Data shows a solid pick-up in travel in China after COVID-19 curbs were eased, ANZ commodity analysts said in a note, pointing to a 22% jump in road traffic congestion so far this month from a year earlier in the country's 15 key cities. International Energy Agency head Fatih Birol on Friday said energy markets could tighten this year if the Chinese economy rebounds the way financial institutions expect. Read More "I wouldn't be too relaxed about the markets, and 2023 may well be a year … [Read more...] about Oil prices fall but remain buoyed by China outlook

Cryptocurrency prices today. Representative Image Major cryptocurrencies traded in the green early on January 13 as the global crypto market cap rose 1.62 percent to $901.66 billion, over the last day. The total crypto market volume over the last 24 hours increased 40.63 percent to $42.52 billion. The total volume in DeFi is currently $4.04 billion, which is 91.28 percent of the total crypto market 24-hour volume. The volume of all stable coins is now $54.79 billion, which is 91.19 percent of the total crypto market 24-hour volume. The price of Bitcoin, the world's largest cryptocurrency, hovered around Rs 15.71 lakh, with its dominance at 40.12 percent, which is an increase of 0.68 percent over the day, according to Coinmarketcap. Meanwhile, Samsung Asset Management Hong Kong, a division of the South Korean technology giant, is planning to introduce a new Bitcoin futures ETF on Jan 13th. The ETF, named "Samsung Bitcoin Futures Active ETF", aims to provide investors with … [Read more...] about Top Cryptocurrency Prices Today January 13: Bitcoin gains 3% as crypto m-cap tops $900 billion

MANILA, Philippines — Prices of antihypertensive medicines slightly increased due to the rising inflation, as well as the depreciation of the Philippine peso, the Department of Health (DOH) said Wednesday. This was based on the DOH’s price monitoring in December 2022, said Department of Health officer-in-charge Maria Rosario Vergeire in a press forum “Alam naman po natin na mga gamot within the market system, kung saan pag nagkaka-inflation, nagkaka-devaluation ng peso, syempre commodity ‘yan, tataas bababa depende sa pagtaas and pagbaba rin ng  peso,” she added. (We know that drugs are within the market system, where there is rising inflation, there is a devaluation of the peso, of course, these are commodities, there will also be adjustments in prices depending on the increase or decrease in the value of the peso.) Despite this, Vergeire said that in general,  prices remained the same due to Executive Order (EO) No. 155, which imposed a maximum retail price (MRP) and maximum … [Read more...] about DOH reports slight increase in prices of antihypertensive drugs

Oil Oil prices edged marginally higher on Friday, extending for a second session on strong U.S. economic data and strengthening hope that the reopening of the Chinese economy would boost demand. Brent futures gained 30 cents, or 0.3%, to $87.66 a barrel by 0113 GMT, while U.S. crude rose 21 cents to $81.22 per barrel, a 0.3% gain. Both benchmarks had gained more than 1% on Thursday. Brent was on track to post its second weekly rise if gains held. Improving gross domestic product and inflation data in the United States provided hope that the U.S. Federal Reserve could slow its pace of interest rate hikes, reducing fear of curtailment in economic activity and consequent oil demand. Meanwhile, critically ill COVID-19 cases in China are down 72% from a peak early this month while daily deaths among COVID-19 patients in hospitals have dropped 79% from their peak, the Center for Disease Control and Prevention said earlier this week. The figures point to the normalisation of … [Read more...] about Oil prices edge up on strong US economic data, Chinese demand hope

Oil prices edged marginally higher on Friday, extending for a second session on strong U.S. economic data and strengthening hope that the reopening of the Chinese economy would boost demand. Brent futures gained 30 cents, or 0.3 percent, to $87.66 a barrel by 0113 GMT, while U.S. crude rose 21 cents to $81.22 per barrel, a 0.3 percent gain. Both benchmarks had gained more than 1 percent on Thursday. Brent was on track to post its second weekly rise if gains held. Improving gross domestic product and inflation data in the United States provided hope that the U.S. Federal Reserve could slow its pace of interest rate hikes, reducing fear of curtailment in economic activity and consequent oil demand. Meanwhile, critically ill COVID-19 cases in China are down 72 percent from a peak early this month while daily deaths among COVID-19 patients in hospitals have dropped 79 percent from their peak, the Center for Disease Control and Prevention said earlier this week. The figures point … [Read more...] about Oil prices edge up on strong U.S. economic data, Chinese demand hope

(Representative image) State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) are likely to see weak earnings in current fiscal year despite fall in oil prices mainly because of losses they incurred on holding prices in the first half, Moody's Investors Service said on Tuesday. "As international oil prices cool on economic slowdown concerns, marketing losses will ease for the three state-owned refining and marketing companies, IOC, BPCL and HPCL. "Still, overall earnings for fiscal 2023 ending on March 31, 2023 will be weak because of marketing losses in the first half, when net realized prices did not increase as much as international prices because of fuel price caps," it said. The three oil marketing companies (OMCs) did not change prices beginning April 6 despite cost of raw material rising. This led to the three booking a combined loss of Rs 21,000 crore during April-September 2022. The … [Read more...] about Recovery in marketing margins, lower oil prices to restore OMC profitability in FY24: Moody’s

Tenggara Strategics (The Jakarta Post) Jakarta   ● Wed, January 18, 2023 2023-01-18 07:02 0 499db3314bec618375f5d217fc2a3172 4 Academia the-brief Free Rice prices continue to increase in the beginning of the year despite controversial late importation of rice and market intervention by the State Logistics Agency (Bulog). Learning from the persistent price increase of rice, the National Food Agency (NFA) has tasked Bulog to conduct year-long market intervention to keep prices of this politically sensitive commodity in check. Medium-grade rice prices increased to Rp 11,300 per kilogram in Jakarta on Jan. 10, 2023, up from Rp 10,000 level per kilo in December 2022 and was even below Rp 10,000 per kilo in November 2022. NFA chairman Arief Prasetyo Adi attributed the price increase to the less optimum market operation by Bulog and lower than expected volume of rice imports. Importation of rice had been hampered by disagreement between Bulog and NFA that … [Read more...] about Analysis: Bulog to intervene rice market as prices soar, stocks deplete

Share to Twitter Share to Linkedin Bitcoin BTC has rocketed higher over the last few days, soaring back above $21,000 per bitcoin for the first time since the shock implosion of exchange FTX pushed some other major crypto companies to the brink . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The bitcoin price rally has pushed the wider crypto market back above $1 trillion, with these smaller cryptocurrencies leaving bitcoin in the dust . Now, Anthony Scaramucci, the chief executive of SkyBridge Capital and short-lived White House communications director under U.S. president Donald Trump, has issued a bullish bitcoin price prediction —forecasting 2023 will be bitcoin's "recovery year." It's in a brutal bear market that you need up-to-date information the most! Sign up now for the free CryptoCodex — A daily newsletter for … [Read more...] about ‘Recovery Year’—Sudden $1 Trillion Crypto Price Boom Sparks Bullish 2023 Bitcoin Price Prediction

Share to Twitter Share to Linkedin JPMorgan's long-time chief executive Jamie Dimon is no fan of bitcoin or other public cryptocurrencies— despite his bank developing its own blockchain and digital currency . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The bitcoin price has swung wildly over the last few years, rocketing to almost $70,000 per bitcoin before crashing back ( though some think bitcoin is now "ready to run" ). Now, Dimon has called bitcoin "a waste of time" and questioned what will happen when bitcoin's supply peaks at 21 million coins—something that's not expected to happen until well into the next century. It's in a brutal bear market that you need up-to-date information the most! Sign up now for the free CryptoCodex — A daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the … [Read more...] about Satoshi Will ‘Laugh At You All’—JPMorgan CEO Jamie Dimon Mocks Bitcoin And Crypto With Devastating Price Prediction