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fuel price hikes

fuel price hikes latest

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July 31st, 2020 - 08:54 GMT

COVID Pandemic Can Worsen Pre-Existing Societal Tensions in Saudi Arabia

While the regime tries to justify stripping back on the livelihoods of Saudi citizens, it could worsen pre-existing societal tensions. Saudi Arabia has implemented harsh price hikes and spending cuts as the Kingdom faces a huge economic downturn from the Coronavirus pandemic. The Value Added Tax (VAT) increased from 5 percent to 15 percent on July 1, with consumers rushing to malls and shopping centres to stock up on goods ...
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Protests and clashes erupted in Ecuador a week ago, after the government doubled fuel prices as part of an agreement with the International Monetary Fund to obtain loans despite its high public debt. Rodrigo BUENDIA / AFP
October 10th, 2019

Ecuador Under Curfew Amid Violent Protests

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