The decision to raise the price of subsidised petrol and diesel squeezed demand for oil, which accounted for about 23% of imports at a cost of $42 billion last year.
The economic slowdown has squeezed demand for basic chemicals and plastics such as polyvinyl chloride (PVC), which is heavily used in the construction industry.
The West European building slump squeezed demand for sections and wire, and the decline of the Continent's shipyards and oil refineries slimmed demand for the heavy plate used to build hulls and storage tanks.
The group has consistently shrugged off the consumer spending squeeze as demand for its products continues to grow unabated and it focuses its strategy on international expansion.
A slowdown in growth in China has squeezed demand and prices for Indonesia's most lucrative exports, like coal, tin and palm oil, while foreign investment has slowed sharply on expectations that the U.S. Federal Reserve will cut back its bond-buying program later this year.
He tried to squeeze the demands for more representative democracy into the restrictive framework he had inherited.China cried foul, alleging a serious breach of the spirit of the Joint Declaration.
The NHS's financial squeeze and rising demand for its services means staff are more likely to make mistakes, an ex-chief executive of two NHS hospital trusts told Panorama.
Squeezed by falling demand for its products, Lucent, its stock down 92percentt from a peak of $79.58 in December 1999, has been forced to retrench after years of heady growth.
The proposed project by a Canadian pipeline company, TransCanada, similarly put the president in a political vise, squeezed between the demand for a secure source of oil and the thousands of jobs the project will bring, and the loud agitation of environmental advocates who threatened to withhold electoral support next year if he approved it.
The largest utility in California, squeezed by rising demand for electricity and looming state deadlines to curb fossil fuels, has signed a deal to buy solar power from seven immense arrays of mirrors, towers and turbines to be installed in the Mojave Desert.
