Limestone Roof
Limestone Roof

Wednesday, June 27, 2007

Inflation follow-up...in Iran

Iran Erupts In Flames After Petrol Rationing

Since the fuel restrictions came into force on Tuesday night, twelve petrol stations have been torched in Tehran and there are unconfirmed reports that supermarkets and banks have also come under attack.

With inflation now running at 20-30 per cent, the government is taking a stand.

The rationing is predicted to last four months, maybe as long as six. And the knock-on effects could be profound.


Source

Labels: ,


AddThis Social Bookmark Button

This page is powered by Blogger. Isn't yours?