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Anger follows sharp rise in fuel prices in Egypt


Anger follows sharp rise in fuel prices

Egyptian Prime Minister Ibrahim Mahlab on Saturday defended a steep rise in fuel prices as a necessary move to shore up the treasury, as outraged commuters bickered with public transport drivers over fare hikes and some rushed to gas stations over fears of shortages. The price increases of up to 80 percent came into force early Saturday in a swift announcement made just hours earlier, following promises to cut subsidies that eat up nearly a quarter of the state budget. The increases also follow a hike in electricity prices. Newly elected President Abdel-Fattah el-Sissi has said he would need to tackle the tough issue of subsidies and asked every Egyptian to be ready to sacrifice to help the country's battered economy after three years of turmoil.


Indianapolis: A shooting in a bar-hopping Indianapolis neighborhood that injured seven people early Saturday may have been set off by two people bumping into each other in the street, police said.

Manhattan Beach, Calif.: A swimmer was bitten on a side of his rib cage Saturday by a juvenile great white shark that grew agitated trying to free itself from a hook a fisherman had thrown into the water off Southern California's Manhattan Beach Pier, officials said. The man's injuries were not life-threatening. The shark escaped.

Los Angeles: A U.S. Fish and Wildlife Service official has ordered federal biologists to withdraw their conclusion that the last 300 wolverines in the continental United States deserve threatened species status.

Times wires

Anger follows sharp rise in fuel prices in Egypt 07/05/14 [Last modified: Saturday, July 5, 2014 10:09pm]
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