Iran has abruptly increased prices as much as 300 per cent for many foods made with flour. Photo: AP
Iran has abruptly increased prices as much as 300 per cent for many foods made with flour. Photo: AP
Iran has abruptly increased prices as much as 300 per cent for many foods made with flour. Photo: AP
Iran has abruptly increased prices as much as 300 per cent for many foods made with flour. Photo: AP

Iran protests break out over soaring bread prices


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Soaring bread prices have led to protests in Iran, with shops being set on fire and the security forces arresting "provocateurs", the official Irna news agency has said.

It follows a cut in government subsidies for imported wheat that caused price rises as high as 300 per cent for many foods made with flour.

The Iranian government plans to offer digital coupons in the next couple of months for limited amounts of bread at subsidised prices, Reuters reported. The rest will be offered at market rates, with other food items added later.

Almost half of Iran’s 82 million population are now living below the poverty line. Inflation is about 40 per cent — with some estimating it at more than 50 per cent.

There were scattered protests in a number of cities, according to Irna, in which crowds chanted slogans against the price rises and some shops were set on fire. Twenty-two people arrested.

"Despite attempts by provocateurs to incite protesters, the rallies ended with the intervention of security forces,” Irna reported. It said calm had been restored.

The largest protest was in Dezful, a city in the oil-rich south-western province of Khuzestan. Irna said an estimated 300 people were dispersed by the security forces. It said 15 people were arrested for "trying to create chaos" in the city.

About 200 people demonstrated in Shahr-e Kord, the capital of Chaharmahal and Bakhtiari province in western Iran on Thursday, Irna said.

“The rally ended at the request of law enforcement agents to prevent thugs from exploiting the situation,” it said.

In the first signs of discontent over price rises, Iranian media last week reported disrupted internet services, an apparent attempt to stop the use of social media to organise rallies and disseminate videos.

Although Friday's Irna report was the first acknowledgement of the protests by Iran’s official media, videos uploaded by social media users this week have showed protests in Dezful and other cities, in which people chanted slogans against price rises and the country’s leaders.

Reuters could not independently authenticate the videos.

Wheat prices have drastically increased globally since the start of the Russian invasion of Ukraine in February, adding to the cost of subsidies in Iran.

Iranian officials have also blamed the price rises on the smuggling of subsidised bread into neighbouring Iraq and Afghanistan.

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Abu Dhabi traffic facts

Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road

The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.

Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.

The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.

The highest levels of traffic were found on Sunday, November 10.

Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019

 

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Changing visa rules

For decades the UAE has granted two and three year visas to foreign workers, tied to their current employer. Now that's changing.

Last year, the UAE cabinet also approved providing 10-year visas to foreigners with investments in the UAE of at least Dh10 million, if non-real estate assets account for at least 60 per cent of the total. Investors can bring their spouses and children into the country.

It also approved five-year residency to owners of UAE real estate worth at least 5 million dirhams.

The government also said that leading academics, medical doctors, scientists, engineers and star students would be eligible for similar long-term visas, without the need for financial investments in the country.

The first batch - 20 finalists for the Mohammed bin Rashid Medal for Scientific Distinction.- were awarded in January and more are expected to follow.

UAE currency: the story behind the money in your pockets
Updated: June 17, 2023, 1:46 PM`