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« 2015-08-26 Wed
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FINANCE Minister Larry Howai says the global stock market crash has underlined the need for this country to continue its efforts to diversify its economy. He said that along with the selloff of equities, global stock markets had lost US$8 trillion between August 11 and yesterday, adding that the price of West Texas Intermediate Crude oil, against w(...)

FINANCE Minister Larry Howai says the State is considering revising revenue assumptions for a second time in eight months from a peg of US$45 per barrel of oil to US$40, in the wake of turbulence on the global market which saw China’s ‘Black Monday’ send ripples around the world.



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