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Thirteen die in Yemen riots over fuel price rises. (Yemen has oil!)

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barbaraann Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 10:49 AM
Original message
Thirteen die in Yemen riots over fuel price rises. (Yemen has oil!)
Edited on Wed Jul-20-05 10:56 AM by barbaraann
By Mohammed Sudam 19 minutes ago

SANAA (Reuters) - At least 13 people were killed in clashes with police in Yemen on Wednesday after rioters smashed government offices and set fires in response to a sharp rise in fuel prices.

The clashes were the heaviest death toll in Yemen protests since 1998 when 34 people died in two weeks of demonstrations and violent clashes over price hikes.

Thousands of protesters in the capital, Sanaa, smashed furniture in government offices, blocked roads with flaming tires, and knocked out electricity transformers in some areas.
...
Yemenis were protesting against a government announcement on Tuesday to cut fuel subsidies as part of a 1995 reform program backed by the
International Monetary Fund and
World Bank. The government says the economy could collapse without reforms.
...
http://news.yahoo.com/s/nm/yemen_protests_dc

Is this a peek into our future? Yemen, by the way, is an oil producer.
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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 10:53 AM
Response to Original message
1. Ahhh, the World Bank and IMF, yet again

Well, you can expect the World Bank and IMF's contributions here to further fuel terrorist recruitment.

Short-sighted, megalomaniacal *stards.
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barbaraann Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 10:55 AM
Response to Reply #1
2. Yup.
And without the internet I wouldn't have known.
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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 11:01 AM
Response to Reply #2
4. Exactly. There's a reason the people remain uninformed...
... beyond a love of WWF.
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Ripley Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 10:57 AM
Response to Original message
3. Coming Soon to a Gas Station Near You!
What is the tipping point here?
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Up2Late Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 11:07 AM
Response to Original message
5. HELLO! They are rioting over 33 Cents per Liter Gasoline!
That's $1.25 per Gallon Gasoline! I WISH we had Gas prices like that again. :crazy:

(From the figure below, I calculate a "Rial" as being worth about 53 Cents U.S.)

"...A liter of diesel rose to 45 rials (24 U.S. cents) from 17 rials; a liter of petrol was priced at 65 rials, up from 35 rials, and a liter of kerosene rose to 45 rials from 16 rials. Gas cylinders rose to 400 rials from 250 rials...."
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RaRa Donating Member (705 posts) Send PM | Profile | Ignore Wed Jul-20-05 12:16 PM
Response to Reply #5
7. So? That's irrelevant until you factor how much the average person
earns per year. I don't know what it is. I'm guessing alot less than the average American.
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barbaraann Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 12:28 PM
Response to Reply #7
8. It's about $800 per year.
http://www.cia.gov/cia/publications/factbook/rankorder/...

So the price increase is very significant.
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barbaraann Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 12:04 PM
Response to Original message
6. Some info on Yemen.
According to World Bank figures, more than 42 percent of its 19 million people live below the poverty line, illiteracy is estimated at 50 percent and unemployment is over 20 percent.
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