"The rich get richer, the poor get poorer and the middle class shrinks." says my marketing lecturer.
What I like most about this article is the truth I see in it:
The new pump price for petrol will be 2.70 ringgit (0.84 dollars) and 2.58 ringgit for diesel. Petrol currently costs 1.92 ringgit, among the cheapest in Asia.
Abdullah is taking a major political risk in removing price controls even as he attempts to recover from disastrous March elections that dealt the ruling coalition its worst results in half a century.
Rising prices of food and fuel were a major factor in the ballot, which has triggered repeated calls for the premier to stand down.
"It is not an attempt to be popular, we have to think in the best interests of the people," Abdullah said.
"Major factor in the ballot" the report says. I thought it was the other way round...?
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