Current Edition About Subscribe The Jerusalem Center

Daily Alert Archive

Every Daily Alert Since 2002

Search

Search more than 90,000 news items by topic, author, or source.
Use " " to search for multiple words and phrases.

Trending Topics

December 4, 2008       Share:    

Source: http://www.google.com/hostednews/ap/article/ALeqM5jfZmDt9Aqi_eUuYYx9d1DV9CRTqAD94R9J8G1

Iran's President Concedes Falling Oil Prices Hurt Economy

[AP] Nasser Karimi - Iranian President Ahmadinejad has acknowledged publicly for the first time that tumbling oil prices are hurting Iran's fragile economy, the official news agency IRNA reported Wednesday. Oil prices have plunged from $147 a barrel in July to under $50, adding to the pain of Iran's rising inflation and unemployment. Ahmadinejad said that will force his government to trim spending and generous subsidies and raise taxes.

View the full edition of Daily Alert

Back to Archive

Subscribe to Daily Alert: