BREAKING NEWS

Crisis-hit Belarus raises gasoline prices by 30 percent

MINSK - Belarus on Tuesday raised retail gasoline prices by 30 percent on average, in the latest in a series of interventions by authorities as they seek to keep the lid on an economic crisis and secure an IMF bailout.
The hike by state fuel firm Belneftekhim, which raises the cost of a liter of gasoline at the pump to about $1, is the third in the last two months.