InfoAnda - Palestinian PM scraps price hikes to appease protesters |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

S.Korea c.bank: price stability "very important" | 12 August 2010
Asia Naphtha-Taiwan Formosa buys at higher premium | 29 June 2009
South Korean shares fall 1.7 pct on banks, autos | 22 January 2011

Dozens arrested in LA gang crackdown | 22 May 2009

Forum Views () Forum Replies ()

Read more with google mobile : Palestinian PM scraps price hikes to appease protesters |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Reihan Salam Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's choice Our best photos from the last 24 hours. Full Article Images of August Follow Reuters Facebook Twitter RSS YouTube Read Egyptians angry at film scale U.S. embassy walls | 3:19pm EDT In unusual snub, Obama to avoid meeting with Netanyahu 5:37pm EDT Morgan Freeman is alive, no matter what Facebook says 10 Sep 2012 Southern whites troubled by Romney's wealth, religion 11:52am EDT China's Xi not seen in public because of ailment: sources | 9:34am EDT Discussed 194 Obama widens lead over Romney despite jobs data: Reuters/Ipsos poll 174 Insight: GM’s Volt – The ugly math of low sales, high costs 131 Movies suffer worst box-office slump in a decade Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Remembering 9/11 Memorials and tributes pay respect to the victims of the September 11 attacks. Slideshow Amazon encounter On a government trip for journalists, Carlos Garcia Rawlins documents members of the Yanomami tribe. Slideshow Palestinian PM scraps price hikes to appease protesters Tweet Share this Email Print Related News UPDATE 5-In unusual snub, Obama to avoid meeting with Netanyahu 5:36pm EDT Palestinian PM scraps price hikes to appease protesters 12:03pm EDT Palestinian leaders nix price hikes to appease protests 9:05am EDT West Bank city hit by violent price protests Mon, Sep 10 2012 Policy paralysis scuppers Palestinian economic dream Wed, Sep 5 2012 Related Topics World » Palestinian Prime Minister Salam Fayyad addresses the media during a news conference in the West Bank city of Ramallah September 11, 2012. Credit: Reuters/Mohamad Torokman By Ali Sawafta and Noah Browning RAMALLAH, West Bank | Tue Sep 11, 2012 5:32pm EDT RAMALLAH, West Bank (Reuters) - The Western-backed Palestinian Authority will roll back tax increases, Prime Minister Salam Fayyad said on Tuesday, in a U-turn aimed at ending protests that have swept the West Bank, but a union leader rejected the concession. The protests are also being eyed with growing concern by Israel, which fears the frustration against the Palestinian leadership could turn into a third, full-blown uprising against the Israeli occupation of the West Bank. Israeli Prime Minister Benjamin Netanyahu responded with a pledge to "make efforts to help the Palestinian Authority overcome this crisis" and said the treasury would make an early transfer of 250 million shekels ($63.3 million) in taxes levied on Palestinians. Thousands of youths attacked a police station in the city of Hebron on Monday night, calling for the dismissal of Fayyad who is struggling to keep finances afloat in the face of a slowdown in foreign donor aid and continued Israeli trade restrictions. In 2011 the Palestinians were promised $1.1 billion in aid and received only $750 million. Government employees, many of whom will receive only part of their August salaries because of the government's cash crisis, also staged a strike on Tuesday and hundreds of them picketed a government cabinet meeting. "We're doing the best we can, and we have been all along," Fayyad said after saying that his government would scrap much of planned hikes in fuel and diesel levies announced last week. "I hope that the Palestinian citizen could look at this situation, in light of the unique hardships we face, and will find it sufficient. It represents the maximum, most intensive effort to get to a solution." The move cancelled most, but not all of the fuel price rises of about 5 percent implemented at the beginning of this month, a decision along with a VAT hike which helped trigger the unrest. Israel's promised infusion of money was made up of an advance on taxes and duties the Jewish state collects and normally transfers back to the Palestinians. It has often delayed these payments over conflict in the past. Out of cash and bound by economic accords that peg its sales tax to steep Israeli rates, the Palestinian Authority is struggling to salvage its legitimacy in the eyes of the public, and officials have blamed Israel for its economic woes. Fayyad said the shortfall would be made up by cutting high-end government salaries and scaling back some ministries' work, but that only donor aid could pay the bills in the short term, pending greater economic independence for the Palestinians. "There are clear limits to what the Palestinian Authority can achieve economically given the context of Israeli restrictions it experiences," he said. UNION REJECTS CONCESSION The head of the Palestinian public transport union promptly rejected the move and promised more street protests, saying fuel prices even before the recent hike were beyond people's means. "These decisions are unsatisfactory, and we will continue in our protests," Jawad Omran told Reuters. Palestinians mostly save their outrage for Israel, which has occupied the West Bank for 45 years, and even some of the protesters were surprised by the intensity of Monday's violence, in which more than 50 people were reported injured. Fayyad has been a focal point of the protests. Demonstrators in Hebron pelted a giant poster of him with shoes on Monday and chants throughout the West Bank described him as "a collaborator with the Americans" and called for his resignation. Islamist movement Hamas, which holds sway in the isolated Gaza Strip and is fiercely opposed to President Mahmoud Abbas and his prime minister Fayyad, has a strong following in Hebron. Abbas initially welcomed the protests when they started last week, equating them with the Arab Spring uprisings and pinning the blame firmly on Israel for the economic turbulence. But the president afterwards voiced support for his embattled prime minister, perhaps realizing that if the unrest escalates, it could undermine his own position. He has gained little popular support from his policy of seeking a negotiated peace settlement with Israel. U.N. agencies put youth unemployment at more than 40 percent, and the high costs, with neither statehood nor economic improvement in sight, may drive Palestinians to try to upend the Palestinian Authority (PA) itself, and that might lead to Israel becoming involved, political observers said. The PA "is not capable of seriously providing solutions. Its sovereignty and access to resources is limited," said Bassem Zubeideh, a political analyst at Birzeit university in the West Bank. "If the youth movement is strong enough to challenge the economic and political pillars it represents, it could lead to a showdown with Israel, which would consider any change in the current regime as a negative change," he said. When the Arab Spring first rippled across the Middle East last year, the Palestinian Territories remained quiet. Locals said there was no appetite for confrontation after decades of largely fruitless rebellion against Israel. (Additional reporting by Jihan Abdalla; Editing by Crispian Balmer and Louise Ireland) World Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 12 September 2012
Clashes at U.S. consulate in eastern Libyan city |
Vast crowds demand Catalan autonomy from crisis-hit Spain |
Palestinian PM scraps price hikes to appease protesters |
EU states working on new Iran sanctions, Hague says |
Taliban raked in $400 million from diverse sources: U.N |
Thirty four workers killed in factory fires in Pakistan |
Facebook's Zuckerberg admits to post-IPO disappointment |
Apple's iPhone needs to dazzle as market gets crowded |
Do PCs have a future? Intel thinks so |
Go Daddy blames outage on tech glitch, not hackers |
U.N. agency sanctions probe criticizes IT exports to Iran, North Korea |
AEG dropping insurance claim over Michael Jackson death |
Appeals court raises damages award in music piracy case |
Katie Couric crushes rivals in talk show debut |
Khloe Kardashian in running for X Factor host |
The Voice falters, setting easy target for X Factor |
Dustin Hoffman gets kudos for film directing debut in Quartet |
In unusual snub, Obama to avoid meeting Netanyahu |
U.S. Cairo, Libya missions attacked, U.S. official reported dead |
Assad's forces shell Damascus rebel stronghold, 4 killed |
Pakistan factory fires kill 125 workers |
China maintains silence on Xi, rumor mill in overdrive |
Yemen's president replaces security chiefs after Sanaa attack |
Four injured in Dutch power plant explosion |
Japan aims for zero nuclear power in 2030s: media |
Dutch voters seen shunning euro radicals in election |
South Africa miners blockade Amplats shafts: police |
Facebook CEO dangles search and mobile, shares rally |
Apple's iPhone needs to dazzle as market gets crowded |
Fight against forgery gets boost from invisible nano barcode |
NBC skips 9/11 moment of silence, keeps up with Kardashians |
Argo, Silver Linings lead Toronto buzz; business simmers |
Bill Murray as FDR? Yup, and the critics like it |
U.S. casino mogul's award grows to $40 million against 'Girls Gone Wild' founder |
U.S. ambassador to Libya killed in Benghazi attack |
Film on Muslim Prophet sparks protests |
Somali president, Kenyan FM escape deadly bomb attack |
Yemeni tribesmen kidnap Turkish man in south's Abyan |
Kenyan government minister charged over deadly land clashes |
Analysis: Netanyahu risks overplaying hand in Iran dispute |
Nokia Siemens Networks to begin job cutting in Finland |
Amazon's new $199 tablet gets tepid reviews |
AU Optronics, LG Display to supply panels for Apple's smaller iPad: report |
SingTel seeks more high-tech acquisitions in multimedia drive |
Gwyneth Paltrow named best dressed woman by People magazine |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01