TEHRAN, Iran — Iran will raise gasoline prices by some 40 percent beginning Tuesday, the country’s official news agency reported, the latest cut to the Islamic Republic’s fuel subsidies that cost it some $32 billion a year. While previous attempts to raise prices have sparked dissent, last ...
Iran has raised fuel prices by 40 percent and scrapped an eight-year-old rationing program for private motorists as President Hassan Rouhani’s government seeks to shore up public finances. Gas stations will sell regular fuel for 10,000 rials (36 U.S. cents), a liter, said Naser Sajadi, head of ...
Iran To Cut Another Portion Of Gasoline Subsidies/ Iran's state news agency is reporting that Tehran will raise gasoline prices by some 40 percent as a result of cutting subsidies. The IRNA report on May 25 said the new prices will take effect on May 26 in the morning. While previous attempts to ...
May 24 Iran will abolish a motorists' allowance for heavily subsidised fuel and set a price, the deputy oil minister said on Sunday, as the government moves cautiously to cut back costly handouts. "We have decided that petrol will be sold at a single rate of 1,000 tomans ($0.35) per litre," ...
Iran's state news agency is reporting the Islamic Republic will raise gasoline prices by some 40 percent as a result of cutting subsidies. The IRNA report Monday said the new prices will take effect Tuesday morning. While previous attempts to raise prices have sparked dissent, last year's ...
An Iranian man fills his car in a gas station in central Tehran, pictured on April 25, 2014. (AP)/ Iran is likely to abolish subsidized fuel allowances for motorists, an Oil Ministry adviser said on Saturday, in a move that will cut state spending but could also drive inflation and cause ...
government adviser/ May 23 Iran is likely to abolish subsidised fuel allowances for motorists, an Oil Ministry adviser said on Saturday, in a move that will cut state spending but could also drive inflation and cause protests. The government is trying to curb subsidies that have led to ...
NEW YORK (AP) — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good. An Associated Press analysis found their numbers ...
Israeli Prime Minister Benjamin Netanyahu will address US lawmakers in Washington DC on 24 July, congressional leaders announced on Thursday. He will speak to both chambers of Congress - the Senate and the House of Representatives - as the Israel-Gaza war continues. Republicans and Democrats ...
The US has told Israel it must be fully "transparent" over an air strike that reportedly killed at least 35 people at a central Gaza school packed with displaced people on Thursday morning. Local journalists told the BBC that a warplane fired two missiles at classrooms on the top floor of the ...
The average rate on a 30-year loan declined to 6.99% this week, according to Freddie Mac./ The average rate on a 30-year fixed mortgage fell to 6.99% from 7.03% a week prior, Rate drops, even marginal ones, are generally welcomed by homebuyers sensitive to rates, yet buying activity has stayed ...
Israeli missiles hit classrooms on upper floors of the building in the overnight strike/ In a classroom-turned-bedroom at a UN school in Nuseirat refugee camp in central Gaza, Palestinian children clamber through rubble and blood-stained mattresses. Just hours earlier, at least 35 people were ...
Lamees Altalebi, Ahmed Nour, Abdirahim Saeed, Paul Cusiac/ More than a million Palestinians - almost half of the total population of Gaza - have been displaced from the south of the territory over the past month, sharply worsening the already dire humanitarian situation, according to the UN. The ...
West of Maryland, was arrested in the 7200 block of Fairchild Drive in Groveton. Police say he was served a warrant for violation of conditions of release and charged with resisting arrest./ The former point guard played for Eleanor Roosevelt High School in , Maryland before starring at St. ...
A United Launch Alliance Atlas V rocket carrying two astronauts aboard Boeing's Starliner-1 Crew Flight Test (CFT) on Boeing's Starliner spacecraft, is launched, Cape Canaveral/ (Reuters) -Boeing's new Starliner capsule and its inaugural two-member NASA crew neared final approach to the ...
The strike took place on the Nuseirat refugee camp, seen here on Monday/ An Israeli air strike on a UN school packed with hundreds of displaced people in central Gaza has killed more than 20 people, local residents say. The Israeli military said it carried out a strike on a UN school that housed ...
Russian President Putin meets international news agency editors in St Petersburg/ ST PETERSBURG, Russia (Reuters) -Russian President Vladimir Putin said on Wednesday he could deploy conventional missiles within striking distance of the United States and its European allies if they allowed ...