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Economist: Price hikes not due to only one factor
Premesh Chandran and Chan Kok Leong | Jun 19, 08 3:53pm
The recent increases in the cost of petrol and food worldwide are due to a combination of factors including a shift in assets and speculation activities, former University Malaya economics professor Dr Jomo Kwarme Sundaram said.
Only three serious oil increases in the past
Bio-fuels may be useful in the medium-term



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