Saturday, 5 March 2011
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Myanmar Puts Lid on Its Rice Exports
SINGAPORE-Myanmar halted rice exports to keep prices under local control, a senior industry official said Thursday as the country faces a bruising round of inflation.The suspension is expected to create major dislocations in the market of Asia's most important foods in large part because Myanmar is a major exporter of the crop. Still, he stressed that governments are nervous about the cost of
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