Protests in Indonesia over fuel price hikes

Associated Press
Indonesia Protests

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Various protests are being held across Indonesia against the government's plans to raise fuel prices. Indonesia's parliament debated measures on Monday to open the way for a jump in fuel prices after months of delay that have undermined confidence in the government and the ability of Southeast Asia's biggest economy to continue rapid growth.
The price hike of 33 percent would allow the government to cut costly fuel subsidies and could give support to the struggling rupiah after the central bank scrambled last week to prop up the currency, which was caught in an emerging market selloff. President Susilo Bambang Yudhoyono would have to sign off on the measures. (REUTERS)

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