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GLOBAL ECONOMY-Inflation biggest world threat since 1970s-Korea

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GLOBAL ECONOMY-Inflation biggest world threat since 1970s-Korea

Monday, 16 June 2008

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JEJU, South Korea, June 16 (Reuters) - The world economy faces its gravest threat since the oil shock of the 1970s due to soaring prices, South Korea's president said on Monday, underlining concern among global policy makers about inflation.

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