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: Yahoo Law News

Iran: New Law Allows President to Cut Subsidies (New York Times)

By Wire Services

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The Guardian Council, the constitutional watchdog body in Iran, approved a controversial law that gives the green light to President Mahmoud Ahmadinejad to cut government subsidies on energy and food, the IRNA news agency reported Wednesday. Analysts and opponents in Parliament had warned that the measure would lead to a sharp increase in prices.

Full post as published by Yahoo Law News on January 13, 2010 (boomark / email).

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