Riot police deployed in case of chaos
(NEWSER) - Mahmoud Ahmadinejad took the dramatic step of eliminating state subsidies on fuel, food, and other essential items this weekend, sending their prices skyrocketing for ordinary Iranians. Gas prices quadrupled overnight, and the price of diesel jumped 900%, the New York Times reports. Ahmadinejad said the step was necessary given Iran’s budget woes, and said a $40-per-person monthly compensation payment would make up for the price bumps. He also asked people “not to hoard gasoline,” because “God forbid, accidents could happen.” More»