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View all search resultsThe idea of centralizing export control for certain natural resources in a single institution is not new, and the failed experiment of such an agency for cloves serves as a case study on why not to pursue that course again, especially for major commodities like coal, CPO and ferroalloys.
Rather than attempt to downplay the rupiah's slide through well-meaning but ultimately misleading political statements that inevitably dismiss the plight of rural communities, realpolitik based on honesty backed by data is the best policy approach.
Better-than-expected exports and China's domestic fuel-pricing controls have helped weather the energy shock, but higher input costs threaten to squeeze already weak factory margins and further dampen consumer spending if the conflict drags on.
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