India’s government is facing a backlash from its political allies and the opposition after raising the price of diesel fuel about 12 percent in a bid to reduce the country’s rising fiscal deficit. Prime Minister Manmohan Singh approved an increase of nearly one cent per liter at a cabinet meeting late Thursday. The price of […]
India’s Government Criticized for Raising Fuel Prices
Posted September 14th, 2012 at 11:00 am (UTC-5)
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Obama Hikes Fuel Efficiency for New Cars
Posted August 28th, 2012 at 6:45 pm (UTC-5)
The White House has finalized plans to nearly double fuel efficiency for cars and small trucks by 2025. Under the new standards announced Tuesday, U.S.-built vehicles will get at least 88 kilometers for every 4 liters of gasoline. The new rules will cover cars and light trucks built between 2017 and 2025. President Barack Obama […]
Nigerian Unions End Strike Over Fuel Prices
Posted January 16th, 2012 at 1:25 pm (UTC-5)
Nigerian labor unions ended a nationwide strike Monday, after the president announced a partial rollback of an increase in fuel prices. In a statement, the Nigeria Labor Congress and Trade Union Congress said they were suspending the strike and daily protests against the increase. The unions said they made the decision “in order to save […]
Nigeria Labor Unions Suspend Strike Over Fuel Prices
Posted January 16th, 2012 at 8:05 am (UTC-5)
Nigerian union leaders say they are suspending a nationwide strike over fuel costs, after the president announced a partial rollback of this month’s price increase. The head of the Nigeria Labor Congress, Abdulwahed Omar, told a news conference in Abuja Monday that unions are suspending the strike and the demonstrations that have taken place in […]
Nigeria Cuts Fuel Prices After Strike, Protests
Posted January 16th, 2012 at 6:20 am (UTC-5)
Nigerian President Goodluck Jonathan has announced the government will cut fuel prices, after a week-long nationwide strike and protests against soaring costs. Mr. Jonathan said in a televised address Monday that given “hardships being suffered by the Nigerian people,” fuel prices will drop to about 60 cents per liter. That is a reduction of about […]
Nigeria Cuts Fuel Prices After Strike, Protests
Posted January 16th, 2012 at 2:45 am (UTC-5)
Nigerian President Goodluck Jonathan has announced the government will cut fuel prices, after a week-long nationwide strike and protests against soaring costs. Mr. Jonathan said in a televised address Monday that given “hardships being suffered by the Nigerian people,” fuel prices will drop to about 60 cents per liter. That is a reduction of about […]
Nigerians Unions, President Fail to End Strike, But Call off Street Protests
Posted January 15th, 2012 at 9:20 pm (UTC-5)
Late night talks Sunday between Nigerian President Goodluck Jonathan and union leaders failed to end a week-long nationwide strike against soaring gasoline prices. Union leaders say the strike will continue. But they listened to the president’s appeal to call off the street protests that raged last week. Union officials say President Jonathan told them there […]
Nigerian Unions, Government Fail to Resolve Subsidy Stalemate
Posted January 15th, 2012 at 12:45 pm (UTC-5)
Nigeria’s labor unions say a nationwide strike will continue Monday after negotiations with the government over fuel prices failed. Union representatives also announced they have backed off an earlier threat to stop oil production. During negotiations Saturday, union leaders called on the government to return fuel prices to the levels before $8 billion in consumer […]
Nigerian Unions, Government Fail to Resolve Subsidy Stalemate
Posted January 15th, 2012 at 7:00 am (UTC-5)
Nigeria’s labor unions say a nationwide strike will resume Monday if no deal concerning fuel prices is reached through negotiations with the government. Union representatives also announced Sunday they have backed off an earlier threat to stop oil production. In the first of two meetings Saturday, union leaders held talks with President Goodluck Jonathan and […]
Nigerian Unions, Government Fail to Resolve Subsidy Stalemate
Posted January 14th, 2012 at 11:35 pm (UTC-5)
Nigeria’s government and union leaders failed to reach an agreement late Saturday to end a week-old strike, but the union has backed off its threat to stop oil production. The president of Nigeria’s Labour Congress told reporters oil production will not be shut down and that “We are taking these things gradually.” The NLC spokesman […]
