Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Recommended Posts

Iranian protesters set fire to the Central Bank in Behbahan

Iranian protesters set fire to the Central Bank in Behbahan

on: November 16, 2019

Iranian protesters set fire to the Central Bank of Iran in the city of Behbahan, Khuzestan Province, in demonstrations against the government’s decision to ration hike the price of petrol.

A surprise decision to ration and raise fuel prices by 50% has led to long queues at gas pumps and protests around the country. President Rouhani argues the move is for the good of the people.

Demonstrations broke out around Iran Friday night after the government raised the price of fuel by at least 50%, the country’s state news agency reports.

In the city of Sirjan in central Iran, demonstrators tried to set a fuel warehouse on fire in protests that police described as “severe.”

The semi-official news agency INSA reported that one civilian was killed and several others injured.

Acting governor Mohammad Mahmoudabadi said some people had exploited the “calm gathering” and had destroyed public property and damaged fuel stations. He added it was unclear whether the victim had been shot dead by security forces who were “trying to bring back calm to the city.”

Protesters also gathered in a dozen other cities. Some crowds attempted to block traffic. State media reported that protests had ended by midnight.

Authorities raised fuel prices and instituted rationing measures without warning earlier in the day.

The government limited fuel consumption to 60 liters per vehicle per month, down from a prior limit of 250 liters. Prices have spiked over 50% to 15,000 rials (€0.12, $0.13). Every liter above 60 is subject to a penalty cost of 60,000 rials.

The move left drivers waiting hours in lines at gas pumps. Many people said they were shocked when they went to refuel their vehicles. Police were deployed near gas stations to keep order.

Earmarked for subsidies

Iranian President Hassan Rouhani told advisors that the move was intended to put money in its citizens’ pockets and that the government has earmarked all funds to be used on subsidies for poor families.

“No one should imagine that the government has done this because it is economically struggling; not at all, not a rial of this will go to the treasury,” Rouhani said, state media reports.

The economy has suffered under US-imposed sanctions in place since 2018. Inflation is at 40% and the economy is expected to contract 9% this year.

Fuel in Iran is heavily subsidized, costing 10,000 rials (€0.08, $0.09, approximately) prior to the price hike. Rouhani argues that raising prices is a natural move considering the current conditions. The country’s 80 million citizens currently consume about 90 million liters of cheap oil a day.

“Increasing petrol prices is to the people’s benefit and also to help the society’s strata under [economic] pressure,” he said.

The fuel-rationing measures should bring in 300 trillion rials ($2.55 billion) annually, head of the country’s Planning and Budget Organisation Mohammad Bagher Nobakht said on state television, adding that payments will start within the next 10 days.

They will range from 550,000 rials ($4.68) for couples to just over 2 million rials ($17.46) for families of five or more.

  • Like 2
  • Thanks 4
  • Upvote 5
  • Downvote 2
Link to comment
Share on other sites

The Iranian People need to take back their country from the Mullah's......Could have happened years ago had obama supported the People but he did nothing to aid them.

 

Maybe with the Corruption in Iran Gone maybe Iraq would do something about their Currency Value.

 

Karsten

  • Thanks 1
  • Upvote 18
  • Downvote 3
Link to comment
Share on other sites

4 minutes ago, ladyGrace'sDaddy said:

Now the protesters are burning every bank. When your banking system collapses 

your government collapses. 

 

 

The central banks of the world are the reason behind all the corruption that goes on in governments. The central banks including the central bank in America (The Federal Reserve) all around the world are doomed. People are waking up.

  • Like 7
  • Haha 1
  • Upvote 7
Link to comment
Share on other sites

ERBIL — Several dozens of people were killed or injured across Iran after protesters clashed with the security forces.

Thousands of Iranians across the country took to the streets on Friday evening following a surprising increase of fuel prices. The Iranian government announced before the protests that it had tripled the fuel price and intensified the rationing system for drivers.

According to media reports, at least four protesters were killed in Khorramshahr, Khuzestan province in southern Iran. Elsewhere in the Kurdish city of Sanandaj, one protester was shot dead and several others were injured.

Multiple casualties were reported from other provinces of Iran, including the Kurdish areas in northwest of the country.

Locals said the security forces used tear gas and live ammunition to disperse protesters.

At least one state-owned bank and a police station were set on fire by the angry protesters.

Click to enlarge image photo_2019-11-16_14-03-00.jpg

 

  • Like 3
  • Thanks 1
  • Upvote 4
Link to comment
Share on other sites

 

ERBIL - Protesters set afire a branch of Bank Melli of Iran in the city of Behbahan on Saturday, as people in several cities have been taking to the streets against a government decision on fuel prices.

After the government decided to triple the fuel prices, people, including those in the Iranian Kurdistan, began demonstrations in the capital Tehran and a number of other cities in the country.

According to reports, the protesters in the city of Karaj have demanded the government to resign.

Unconfirmed reports claimed that at least six demonstrators have so far been killed in Iran as a result of live ammunition shot by the security forces.

  • Thanks 1
  • Upvote 5
Link to comment
Share on other sites

34 minutes ago, ladyGrace'sDaddy said:

I hope that everyone understands how this is going to be beneficial to Iraq and the 

RV. This is the beginning of the downfall of Iran and that is the end of their influences 

in Iran. 

Hope you’re right bruh....... It would be nice to see Iranian influence if not completely gone, at least significantly diminished!

 

  • Upvote 7
Link to comment
Share on other sites

..... and my long time fellow IQD investors said probably nothing of importance would happen this weekend:twothumbs: 

 

- looks like the Iranian citizens went for the jugular right from the start, What with putting the their CBI & other banks 🏦 to the torch. Talk about Burning Down the House, huh.

 

Iraq better be on the lookout. News like this travels fast 💨 and undoubtedly gives certain folks “ ideas 💡

  • Like 1
  • Thanks 2
  • Upvote 6
Link to comment
Share on other sites

6 hours ago, Karsten said:

 

 

Sorry.....I am a Guy and have been for 63 years. 🚶‍♂️

 

Karsten

Karsten, well let me be the first to congratulate an thank you. I remember when I was just 63 an still have all the important parts still intact. Sometimes I wake up not feeling real good but have never thought about making a change...lol 

  • Upvote 1
Link to comment
Share on other sites

yep it was either going to happen now or post rv.........any one thought that the rv hold up might have been just Iran and their influence over iraq. a strong iraq is no good for iran and a rv would have toppled them sooner or later it just looks like it is sooner....all i can say is yeah baby! yes a little help from obama and ISIS.....

  • Like 4
Link to comment
Share on other sites

4 hours ago, blueskyline said:

Thanks LGD, GA DV's .At present . It would seem Iran would have to pull back all surrounding resources to regain control of this extremely bad situation. Great for Iraq's future . Great for the people of Iran it this does lead to a Collapse of the regime

i do believe it was the start...someone once told me what happened in turkey was a test a run for iran....

Edited by screwball
  • Thanks 2
Link to comment
Share on other sites

5 hours ago, ladyGrace'sDaddy said:

 

ERBIL - Protesters set afire a branch of Bank Melli of Iran in the city of Behbahan on Saturday, as people in several cities have been taking to the streets against a government decision on fuel prices.

After the government decided to triple the fuel prices, people, including those in the Iranian Kurdistan, began demonstrations in the capital Tehran and a number of other cities in the country.

According to reports, the protesters in the city of Karaj have demanded the government to resign.

Unconfirmed reports claimed that at least six demonstrators have so far been killed in Iran as a result of live ammunition shot by the security forces.

it seams iran has a history of shooting dead protestors.....iraq

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.