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Thailand Ends Controversial Rice Subsidy Scheme

Thailand's military government ended a rice price-support scheme, put in place under the former civilian government, as investigations continue into widespread corruption and losses of billions of dollars from the program. The policy change comes as Thailand is predicted to return as the world's largest rice exporter, eclipsing the current market leader, India. Thailand's military leader, General Prayuth Chan-Ocha, said all rice price-support schemes were dismissed unless...


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