Thailand offers rice at a loss
date:Jan 20, 2014
gkok's desperation.

But it was too late because we had already decided to award the deal to Vietnam, said Rex Estoperez, NFA's spokesman.

The subsidy, which has cost the government billions of dollars, has fuelled the political crisis that is being played out on the streets of Bangkok.

Protesters are seeking to topple the government, which swept to power in 2011 with support from rural voters, many of them rice farmers who had welcomed the generous intervention scheme. City dwellers are anger
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