
Malaysia has cut fuel subsidies for the first time in more than two years as it tries to cut its budget deficit. The subsidy on petrol has been cut by 20 sen (6 cents; 4 pence) a litre and on diesel by 20 to 80 sen a litre. via Pocket http://www.bbc.co.uk/news/business-23926411#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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