The Latest from Iran (19 December): The Subsidy Cuts Begin

2100 GMT: Subsidy Cuts Watch. One price rise that has not been picked up by most of the media....

While the price increase for gasoline is 300% for subsidised rations and 75% for unsubsidised fuel, the rise for diesel is about 2000%, from 16.5 tomans (about $0.15) to 350 tomans (about $3.00) per litre.

1720 GMT: Elections Watch. Legislators have changed the basis for the Parliamentary elections, setting them on the basis of provincial rather than district results. We are not yet sure of the significance of the change and will consult correspondents.

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