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Serious economic dislocations are emerging due to a 30-percent rate of inflation, a nationwide cash squeeze, shortages in foreign exchange and raw materials (particularly coal), and massive corruption.
CENTERFORSECURITYPOLICY: Center for Security Policy | Western Corporations�� ��Short March�� Back To China: Bad Business, Awful Public Relations, Dangerous Policy
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If they want to make one big green gesture, though, leaders could most usefully agree to phase out the subsidies they pay for the dirtiest fuels, particularly coal.
ECONOMIST: The Johannesburg summit
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The metals and coal sectors aren't demand driven, but they are price sensitive to the dearth of incremental supply, particularly coal, iron ore and even copper with all its mine outages.
FORBES: Magazine Article