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GM-Chrysler Merger Would Hurt State Budget
Auto industry is bombarded with plant closures, job cuts and vanishing confidences. And with the potential GM-Chrysler merger, it is expected that the financial system of the entire state, not only the industry, would be greatly hurt.
Malaysian Gasoline Subsidies Are UnwarrantedOver the past two years, the Malaysian government has been cutting its subsidies of gasoline, causing much uproar amongst the public. However, these subsidies are a distortion of the market, and ending them is a wise thing to do.