Malaysia is to restrict fuel Buy Viagra in Australia online Now sales to foreign motorists on its borders in an attempt to curb the spiralling cost of government subsidies.
Hundreds of Thai and Singaporean motorists cross the border every day to fill up on cheap petrol and diesel.
The ban, due to take effect on Friday, will be Mail Order Viagra online in Australia lifted as soon as prices can be set at market level, officials said.
Malaysia has some of Asia’s lowest Buy Viagra without Prescription in Australia fuel prices due to high government subsidies.
“Taxpayers’ money is being used to subsidise petrol for Buy Cheapest Viagra in Australia online those who are not entitled to receive the subsidy,” Malaysia’s Deputy Prime Minister Najib Razik said.
“[Foreigners] should not take advantage of our subsidy scheme,” he added.
Subsidies are expected to cost the Malaysian government 45bn ringgit (US$ 14bn; ?7bn) this year as oil prices rise worldwide.
The government is considering a series of measures to address Buy Generic Viagra in Australia the problem of rising subsidies, including selling petrol and diesel at market prices.
Malaysia’s trade minister Shahrir Samad said other proposals Buy Sildenafil Citrate in Australia included cash remunerations for Malaysian motorists and a distribution system involving identity cards.
Until the ban is lifted, those who break the new ruling could be fined or face a jail term.
“It’s a very harsh decision,” Alang Zari Ishak, president of a Australia Viagra online pharmacy local petroleum dealers’ association, told the Associated Press News Agency. He added that the ban may affect tourism and relations with Malaysia’s neighbours.
The Indonesian government last week raised fuel prices by Buy Viagra in UK online nearly 30%, prompting fears of widespread unrest.
Higher food prices may be here to stay as demand from developing countries and production costs rise, says an influential report.
A report by the UN’s Food & Agriculture Organisation Mail Order Viagra online in UK (FAO) and the body for rich nations, the OECD, said prices will fall, but only gradually.
It said the current price spike was higher than previous Buy Viagra without Prescription in UK records, partly due to bad weather ruining crops.
But factors, such as rising biofuel demand, will keep future costs high.
The FAO said speculators were also to blame for volatile commodity markets.
In its annual Outlook report, the FAO predicted beef and Buy Cheapest Viagra in UK online pork prices might be 20% higher by 2017, wheat could be up to 60% more expensive and the cost of vegetable oils might rise by 80%.
Prices will level off at a far higher average level than seen before the crisis erupted. The long era of cheap food is over
World prices for wheat, maize and oilseed crops doubled between Buy Generic Viagra in UK online 2005 and 2007, and while the FAO expects these prices to fall, the decline may be slower than after previous spikes.
As well as key factors such as weather, supply and demand and energy costs, speculators are also to blame for making commodities prices more volatile, the FAO says.
It is also concerned about the increasing use of crops for biofuels.
“Biofuels are the largest new source of demand for agriculture and Buy Sildenafil Citrate in UK online are causing higher prices,” said Merritt Cluff, one of the authors of the report.
“We are very worried particularly about biofuel policy. US government incentives for ethanol producers are distorting the market,” he added.
Looking ahead, climate change may also affect crop harvests, pushing up prices further.
But the hardest-hit by rising food costs will be the poorest people on the planet, where a large share of income is spent on food, the FAO warned.
“We are hugely concerned about the poorest and we expect the number of undernourished people to rise,” said Mr Cluff.
The FAO believes the commodity boom has forced some in the developing world to spend more than half their income on food, particularly those countries that have to import much of their food.
But even the its outlook may be too conservative, as the BBC’s International development correspondent David Loyn highlighted, predicting price of black gold was a near impossible task.
“One key assumption made is that crude oil prices will peak at $104 a barrel by 2017. The price is already well above that, and some reputable analysts are now predicting oil will go to $200 a barrel,” he said.
And he added that while there may be a drop in UK Viagra online pharmacy food prices in coming years, “there is a sting in the tail.
“Prices will level off at a far higher average level than seen before the crisis erupted,” he said. “The long era of cheap food is over.”
Rising food bills have triggered protests, riots and panic buying in some developing countries.
Earlier this month, the FAO calculated the amount of money being spent globally on importing food was set to top $1 trillion (?528bn) in 2008, a 26% rise on the previous year.
However, the food crisis could also shift the epicentre of global agriculture from developed to developing countries and the FAO predicts that emerging economies will dominate in the production and consumption of most basic foods in 10 years.