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International News Archive - June 24, 2009

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China will do away with export taxes on wheat, rice and soybean starting July 1 to spur exports, the Finance Ministry said.

Word of the Day
pawl
  • A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.
The word 'pawl' probably comes from a Latin word meaning 'stake'.
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