How governments are trying to ease inflation pain | Business

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Pandemic-related disruptions to global supply chains and the effects of Russia's war in Ukraine have driven up prices of energy, commodities and necessities. Here's how governments are trying to help hard-hit consumers and companies. | News24_Business

Brazil's Congress in December approved a constitutional amendment increasing the government spending cap to maintain welfare payouts to poor families in 2023.Argentina's government last year agreed with major oil companies in the country to cap fuel price rises, and signed a deal with supermarkets and mass consumer goods suppliers to freeze or tightly regulate prices of some 1,500 products.

Germany plans to spend 14.5 billion euros to finance its electricity price cap until May as part of a package Berlin set out last year. Italy's government plans to review and extend existing relief measures aimed at helping families and firms with energy prices.

 

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_Business Absolutely nothing to do with the war in Ukraine

_Business It is amazing how all home grown products prices have shot up. Why? “The war in Ukraine”. Other that the local price of fuel and greed can someone please explain this to me.

_Business Before we go there,,let's talk about the Death and lack of SA safety coming to SAPS.

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