Forums: Price Fixing

The drought decimating Russia's grain crop is helping put more money into the pockets of U.S. farmers and leaving the world more dependent on the U.S. harvest. The U.S. Agriculture Department said Thursday it expects U.S. wheat exports to soar 36% amid higher prices, and in a rare move raised its one-month-old harvest forecasts and price forecasts for several major U.S. crops, including wheat, corn, and soybeans at the same time. "The U.S. is an island of supply in a year of very big demand," said Daniel W. Basse, president of AgResource Co., a Chicago commodity forecasting concern. Higher prices...

The House will vote next week on a Republican measure that would prevent Democratic leaders from passing controversial policy initiatives during a lame-duck session of Congress this year. Republican Study Committee (RSC) Chairman Rep. Tom Price (Ga.) introduced the privileged resolution last Thursday in response to reports that Democratic leaders told their base that they could move big-ticket legislation after the November elections and before the new Congress convenes in January. Price explained that his resolution says that a lame-duck session should not occur unless there were to be a national emergency. “When [Senate Majority Leader] Harry Reid [D-Nev.] and...

Washington, Jul 29 - Republican Study Committee Chairman Tom Price (R-GA) issued the following statement after offering a resolution on the floor of the House of Representatives calling on Congress not to hold a lame duck session after Election Day for the purpose of passing hugely unpopular legislation like a national energy tax, enormous deficit spending bills, and the kickback to Big Labor known as “Card Check.”

Petrol and power prices have risen sharply in New Zealand after the government introduced a controversial emissions trading scheme. The government has pressed ahead with plans to slash the nation's carbon output, despite widespread opposition and New Zealand's larger neighbour Australia shelving its own scheme. Motorists were hit by a 3c (1.4p) rise in the price of a litre of petrol overnight, while householders face a 5 per cent increase in gas and electricity prices. It was the first step in a complex scheme, universally referred to as "the ETS", to slash carbon emissions back to 1990 levels. Some disgruntled...

David Cameron's new coalition promised last week to reform Britain's drug-rationing body so that "all patients can access the drugs and treatments their doctors think they need." If this sounds too good to be true from the NHS, that's because it is. The scheme's "value-based pricing" carries the whiff of market-based reform, but when decoded it means the opposite. "Value-based pricing" translates to expanding Westminster's power to limit pharmaceutical prices.

- NEW ORLEANS – A top House Republican campaigner says his party is set to gain more seats than it won in the 1994 election. Rep. Tom Price (R-Ga.) told the Ballot Box that he has pegged the GOP gains in this year’s election at 56 seats, which would be more than the 54 it won in its landslide election 16 years ago. It would also be more than enough to regain the majority the party lost in 2006 (which requires a 40-seat gain). “I’ve got us at 56 seats right now,” said Price, who is chairman of the conservative...

French debt coming under investor scrutiny 7:33am EST By Jeremy Gaunt, European Investment Correspondent - Analysis LONDON (Reuters) - French debt looks set to come under pressure in the near future with investors battered by the Greek crisis arguing it is pricey and does not reflect France's growing indebtedness. As a result, other euro zone paper, including Germany's and -- perhaps surprisingly -- Italy's, could be in for a filip. The gist is not that France's economy is under any immediate Greece-like default stress, but the cost of its bonds -- and the cost of insuring them -- does not...

WASHINGTON (AP) - Vice President Joe Biden says the Iraq war hasn't been worth its "horrible price." He says the war was mishandled from the outset and that the U.S. took its eye off the ball. As a result, he says the U.S. was left in a more dangerous position in Afghanistan, where al-Qaida hatched the Sept 11 attacks.

As the biggest night in Austria's social calendar, the annual Vienna Opera Ball draws royalty and aristocrats from around the continent to Austria's capital. So when Katie Price waltzed into the Vienna State Opera House last night, the elite in attendance could have been forgiven for wondering just how a glamour model scored an invite to such a prestigious event. Wearing a baby blue strapless ballgown and dripping with diamonds, Jordan lived out her princess fantasies as she arrived as the guests of Austrian entrepreneurs Irene and Alexander Mayer.