"We must not enter a currency war, " he said, while at the same time demanding a "co-ordinated approach" that would look at all instruments available to a state.

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That whole area is very spread out, so they would need to conduct a massive, co-ordinated attack on several facilities all at the same time and the Saudis seem to be alert to this ambition.

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At one time, the information from all these different bodies was co-ordinated in a national equine database, but this was closed in September 2012 when Defra said they would no longer fund it.

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Strategy was being co-ordinated across Whitehall, she added, while the proposed new National Crime Agency would, for the first time, "pull together the complete intelligence picture" and work with the police and other law enforcement agencies to co-ordinate a national response.

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