Monday, January 21, 2008

To crown it all

The flour mills of Lebanon got what they wanted: the government will sell 44 thousand tons of the strategic reserve of wheat at $225 a ton, while the international price is, according to the mills, over $400 per ton. This subsidy is supposed to only serve the production of Arabic bread, and not croissants or cakes. Last week there were troubles because "Al Taj" (The Crown) mill, which does not produce flour destines for Arabic bread but which is owned by someone close to the government, received subsidized wheat. So does this article say.

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