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Tag Archives: Economy

Expert Warns “Iran’s Economy is in a Death Spiral”

Steve H. Hanke is a professor of Applied Economics and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is a Senior Fellow and Director of the Troubled Currencies Project at the Cato Institute in Washington, D.C., a …

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TEHRAN’S FINANCIAL WOES WILL TEST U.S. POLICY RESOLVE

Jay Solomon –  The Washington Institute As the Trump administration welcomes a new secretary of state and national security advisor this spring, the fate of Iran’s currency, the rial, will loom large in White House strategy on how to confront Tehran. President Trump has threatened to reimpose punishing oil and …

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MISMANAGEMENT LEAVES IRAN’S ECONOMY VULNERABLE

Patrick Clawson –  The Washington Institute.     On March 29, the IMF released a report stemming from its latest “Article IV consultation” with Iran. Highlighting the country’s economic vulnerabilities, the report emerges at a time when the Iranian rial has been under sustained pressure. The rial-to-dollar exchange rate on the …

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EU could impose blocking regulations if U.S. pulls out of Iran deal

The European Union could put in place regulations to protect its firms doing business in Iran if the United States withdraws from the 2015 nuclear deal and restores extraterritorial sanctions, a senior EU official said on Thursday But U.S. President Donald Trump on Jan. 12 vowed to restore U.S. sanctions …

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Will Iran’s military really divest from business holdings?

Bijan Khajehpour – Al Monitor A significant recent development in Iran’s attempts to liberalize the country’s investment climate was the announcement by Defense Minister Ali Hatami that military organizations have been tasked by Supreme Leader Ayatollah Ali Khamenei to divest from “nonrelated” economic activities. Al-Monitor recently discussed the implications of this …

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Khamenei’s ruling unlikely to loosen IRGC’s grip on Iran’s economy

By Ahmad Majidyar – Middle East Institute On January 20, Iran’s defense minister said that Supreme Leader Ali Khamenei has ordered the country’s powerful Islamic Revolution Guards Corps (IRGC) to curtail its growing business empire and divest its commercial assets that are not relevant to its domain of work. The announcement …

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Rouhani moves to leverage unrest to loosen IRGC grip on economy

Mohammad Ali Shabani – Al Monitor In the aftermath of the recent protests in Iran, public announcements about a concerted effort to get the Islamic Revolutionary Guard Corps (IRGC) and the Iranian army (Artesh) to divest from the economy seem to signal that President Hassan Rouhani remains firmly committed to his agenda. …

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5 Billion euros of Silence

By Ahmad Rafat – Kayhan On January 11, Italy and Iran signed a framework credit agreement worth 5billion euros  which will help Italian companies invest in Iran. The agreement will allow Invitalia, an Italian state-own holding company, to open lines of credits to two Iranian banks: Bank of Industry and …

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The Unraveling Islamic Republic

Shayan Arya & Nir Boms (Fikra Forum) The recent demonstrations in Iran have caught many by surprise, especially those who have been attuned to voices sympathetic to the Iranian regime, like that of the National Iranian-American Council (NIAC). Yet the current unrest in Iran has confirmed what those more attuned to domestic …

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The Spark Behind Iran’s Unrest: Millions of Defrauded Investors

By Farnaz Fassihi and & Asa Fitch -Wall Street Journal The call to protest came through a group channel on the smartphone app Telegram. Younes, a 42-year-old accountant at a saffron-importing company, like most of the group’s thousand or so members, had lost his savings when a financial firm promising huge returns went …

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