Tag: cap

Russia Says ‘Dangerous’ Price Cap Won’t Curb Demand for Its Oil

December 3, 2022
Business & Marketscapeconomic policieseconomyenergyEuropeGold and CommoditiesMarketsOilpriceRussiaRussia-Ukraine WarWorld
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Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a “dangerous” attempt by Western governments to introduce a price cap on its oil exports. A coalition of Western countries led by the G7 group of nations agreed on Friday to cap the price of Russian seaborne…

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British Transport Secretary Plans £2 Cap for Bus Rides

August 15, 2022
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Britain’s Transport secretary Grant Shapps has put forward a plan to cap all bus rides outside of London to £2. Shapps said he believed cutting transport costs for people on low incomes was a direct way of addressing the cost of living crisis. “The most vulnerable in our society need concrete help in the coming…

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Others May Reject Japan Proposal on Oil Price Cap, Kremlin Says

July 4, 2022
Asia & PacificBusiness & Marketscapcommoditieseconomic policiesEuropeJapanMarketsOilpriceRussiaRussia-Ukraine WarUkraineWorld
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MOSCOW—Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalized, Kremlin spokesman Dmitry Peskov told reporters on Monday. Commenting on reports that Japan’s Prime Minister Fumio Kishida had proposed a cap at around half the current price, Peskov said that other countries may disagree with that. “This…

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England to Cap Number of LFTs as Free Tests Scaled Back

February 22, 2022
capEnglandlateral flowUKUncategorizedWorld
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The number of free lateral flow tests available each day will be capped to “manage demand” as the UK Government scales back free testing for people in England. Tests ordered online are only available every three days, when previously people could order a new pack every 24 hours. The public has been encouraged not to…

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