Saturday, December 25, 2010

Resentment builds in Iran over price hikes, truckers stop working

TEHRAN -- Nearly a week after President Mahmoud Ahmadinejad launched a plan to overhaul a long-standing system of state subsidies, Iranians are reeling from drastic government-ordered price increases for staples such as fuel and bread amid signs of growing frustration and anger.

Among the first to feel economic pain from the politically sensitive price hikes, which began Sunday, have been truck drivers, taxi owners and bread sellers, and many truckers appear to have stopped working in protest.