South Korea said on Monday it will raise electricity prices by 5.3% to partly reflect increased generation costs, a move delayed more than a month because of the likely effect on already high inflation and the cost of living.
It is the second increase in power prices this year after a sharper 9.5% hike that took effect at the beginning of the year. The price adjustment had been due on April 1 but was delayed after a public outcry about the increased cost of living.
Reflecting the political burden facing the government, Energy Minister Lee Chang-yang started his announcement on the decision by saying he was "heavy-hearted about the burden and concern coming from the price increases".
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Record breaking heat for Mother's Day & MondayRecord heat continues for Western WA with Mother's Day pushing to near 90. Slightly cooler highs next week, but still above normal for this time of year. FOX13
Lire la suite »
County prepares for quiet transition as Nathan Fletcher leaves office MondayFletcher, once considered a rising political star with a possible future in state government, steps down Monday amid sexual misconduct accusations
Lire la suite »
Portal bridge signal fixed, expect a normal Monday commute on NJ Transit, AmtrakSignal system problems on a key rail bridge between New Jersey and New York has been fixed, meaning a normal commute after two days of delays and cancellations.
Lire la suite »
Bracing for more floods and snowmelt, three Yosemite campgrounds will close on MondayThree campgrounds at Yosemite National Park will close starting Monday in anticipation of more flooding from record-setting snowmelt.
Lire la suite »