Zimbabwe President Doubles Price of Gas as Fuel Crisis Bites

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Zimbabwe's president has more than doubled the price of gasoline, hoping the increase will end severe shortages that are fueling public anger even as he departs on a foreign trip to Russia and other countries in search of investment.
In a press conference Saturday night, President Emmerson Mnangagwa said the increase in the state-controlled price of fuel should ease the shortages that have gripped the country in recent weeks. The president left Zimbabwe on Sunday on a trip that will end with his attendance at the World Economic Forum meeting in Davos, Switzerland, angering critics who say he should stay at home to deal with the crisis.

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