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Sunday, November 2, 1997 Published at 14:37 GMT



World: Monitoring

Stop manipulating markets, Malaysian premier tells Soros

(Refile) Malaysian Prime Minister Mahathir Mohamad has called on international financier George Soros to stop manipulating stock and foreign exchange markets in southeast Asia and in other parts of the world, Malaysian radio reported on Sunday.

Mahathir said he was not very impressed with the statement of Soros in London on Saturday that the markets needed to be kept under some sort of control.

He said he hoped Soros realized he had been profiting from the misery of other people.

"If he has the conscience, he should stop," the prime minister was quoted as saying.

Mahathir said he was also not impressed with a report claiming that Soros had lost 7 billion ringgit (over 2 billion dollars) on the market.

"But in the first place, where did he get the 7 billion ringgit? And that's only one-tenth of his money.

That means he has 20 billion US dollars," Mahathir said.

BBC Monitoring (http://www.monitor.bbc.co.uk), based in Caversham in southern England, selects and translates information from radio, television, press, news agencies and the Internet from 150 countries in more than 70 languages.








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