SAO PAULO, Sept 26 (Reuters) - Brazil's real currency strengthened almost 1 percent on Wednesday as a poll showed right-wing presidential candidate Jair Bolsonaro in the lead, after previous polls had shown him giving up ground to his main leftist opponent. According to a poll by Brazil's Instituto Parana, 31.2 percent of respondents are planning to vote for Bolsonaro in the first round of the presidential election on Oct. 7, versus 20.2 percent for Fernando Haddad, the leftist protege of jailed former President Luiz Inacio Lula da Silva. Crucially, the poll showed Bolsonaro winning a likely second round later in October, with 44.3 percent of the vote versus Haddad's 39.4 percent. The poll came as welcome news to traders, who generally favor Bolsonaro for his avowed free-market policies, after a separate recent poll had shown Bolsonaro losing in a likely run-off. "The market liked the poll because it showed Bolsonaro rising, not stagnating," said Jose Carlos Amado, a trader at … [Read more...] about EMERGING MARKETS-Brazil’s real strengthens after solid poll for…
opinion Thomas J. Pyle Published 2:00 p.m. UTC Jul 18, 2018 The more than decade-old federal corn ethanol mandate, which picks winners and losers and harms American consumers, is broken beyond repair. It’s a textbook example of how politicizing energy policy – rather than letting the free market work – will always fail. The EPA’s most recent proposal seeks to increase the amount of renewable fuel – mostly corn ethanol – in our nation’s gasoline supply. This proposal, which is being discussed today in Ypsilanti, represents a further expansion of a broken policy that drives up prices at the pump for American families and small businesses by creating artificial and costly mandates on the energy industry that don’t make economic or environmental sense. Free market competition and private sector ingenuity over the past decade have transformed our nation’s energy outlook – creating enormous economic, environmental and … [Read more...] about Column: Fuel standards impede free market
opinion Ryan Young Published 3:00 p.m. UTC Jul 10, 2018 President Donald Trump’s tariffs on steel and aluminum against allies like Canada, Mexico and the European Union are only the latest skirmish in a long-term attack on America’s free-market economy. So now that Trump is also mulling tariffs on foreign automobiles, renegotiating the North American Free Trade Agreement, and raising trade barriers against China, will that finally be the death knell for free enterprise? Hardly. The president’s threats must be fought, but the good news is America’s fundamental institutions will withstand Trumpian bluster. For one thing, our economy remains a powerhouse. America’s $19 trillion economy already withstands an annual $1.9 trillion in annual regulatory costs from Washington. On top of that, Trump’s tariffs will cost “only” a few billion dollars. In short, the economy is dragging along a big, deadweight burden, but it can still get the … [Read more...] about Opinion: Will Trump’s tariffs kill free markets?
The Petronas Coffee Break carries on in 2018 for its 19th year this Chinese New Year, as part of the national petroleum company’s commitment to advocating a culture of road safety among motorists in Malaysia.On-road attentiveness is in particular focus, and for this year, the campaign will run from February 14-15 and subsequently from February 18-19 at 141 Petronas stations nationwide, offering complimentary coffee and snacks as mid-journey refreshments before motorists carry on to their destinations. The national petroleum company’s campaign is supported by partners including Nestle Products, Delfi Marketing, Julie’s Marketing, Mondelez Malaysia, Munchworld Marketing and Suntory beverage & Food Malaysia. New partners to the campaign this year are Shopee Mobile Malaysia and Dunkin’ Donuts. Further to that, there will also be a road safety advocacy programme conducted by the Road Safety Department. Select Petronas stations will also be reinforcing the safety … [Read more...] about Petronas kicks off 2018 CNY Coffee Break campaign – get free coffee and snacks at 141 fuel stations
Here’s a good deal from BHPetrol and U Mobile. Purchase U Mobile’s Unlimited Power Prepaid SIM Pack at BHPetrol service stations, reload a minimum of RM10 and you will receive a free RM5 BHPetrol voucher. The offer is from now till March 31, for customers aged 18 and above. To redeem the RM5 BHPetrol voucher, present the purchase receipt for the U Mobile Unlimited Power Prepaid SIM Pack as well as the minimum RM10 U Mobile reload purchase receipt. Note that the RM5 voucher is for all BHPetromart items except for ePay services, Touch N Go reload, as well as petrol/diesel. “Our first collaboration with U Mobile in July 2017 was successful as we received positive feedback and many returning customers. We want to continue this partnership with U Mobile to ensure that our customers keep on enjoying great offerings when they visit BHPetrol service stations,” said Baba Tan, BHPetrol’s senior retail marketing manager. … [Read more...] about Buy U Mobile’s prepaid SIM pack and reload it at BHPetrol stations for a free RM5 voucher