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BAKU (Reuters) - U.S. Vice-President Dick Cheney said on Wednesday the United States had a
WASHINGTON (Reuters) - Stepped-up international pressure and sanctions against Iran over its nuclear program are hurting its economy, making trade financing and payments difficult and discouraging foreign investment, according to an IMF report published on Thursday.
The Government is working on other mechanisms apart from offering the fuel rebates to Malaysians to face the onslaught of rising global oil prices, Second Finance Minister Tan Sri Nor Mohamed Yakcop said.
The Government has never sought any kind of monetary assistance or even made attempts to borrow from the International Monetary Fund (IMF) or World Bank to fund various mega projects in the country's development corridors.
BERNE/WASHINGTON (Reuters) - U.N. agencies and the World Bank on Tuesday pledged to set up a task force to tackle soaring global food prices, while U.S. President George W, Bush said high crop prices should not slow biofuel efforts.