unrest

Iran may collapse

The Iranian economy, battered from Western sanctions, took a huge dive after the Government heavily changed its fixed pricing of fuel on Friday, under the pretext of “diverting funds” to help the poor. Last week, drivers were allotted up to 250 liters a month at the pump for a controlled price of 10,000 rials per liter. Friday the situation radically changed to an allowance of 60 liters per month at 15,000 rials a liter [12 Euro cents]. Additional liters above the threshold cost 30,000 rials.