All articles tagged with #fuel price hike
Protests in Angola over a fuel price increase have resulted in at least 22 deaths, widespread property damage, and a significant security response, highlighting the country's ongoing economic and social crisis.
Protests erupted in Luanda, Angola, with hundreds of arrests and several deaths, triggered by a government decision to raise fuel prices and remove subsidies, leading to widespread violence, looting, and clashes with police, amid broader public discontent over economic hardships and political issues.
Cuba's government has postponed a planned 500 percent increase in fuel prices due to a "cybersecurity incident" caused by a foreign virus, as the nation grapples with its worst economic crisis in decades. The delay comes amid a series of measures aimed at reducing the budget deficit, including a 25 percent increase in electricity prices scheduled for March 1. The Cuban economy shrank by two percent in 2023, with inflation reaching 30 percent, and the government is facing challenges in providing basic services and goods to its citizens.