Yemen to cut fuel prices after riots [View All]

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http://www.alertnet.org/thenews/newsdesk/L26114478.htm

Yemen to cut fuel prices after riots

SANAA, July 26 (Reuters) - The Yemen cabinet decided on Tuesday to cut fuel prices, less than a week after 22 people were killed in riots sparked by price rises for petrol, diesel and kerosene.

A Yemeni official told Reuters the lower prices would come into effect on Wednesday. Analysts had expected the government to revise its decision to appease public anger.

Price rises caused by cuts in subsidies have set off riots in Yemen in the past, often leading the government to revise its decision.

More than 300 people, including some 250 security forces and police, were injured in last week's nationwide protests against the subsidy cut, which almost doubled the price of petrol.

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