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Warning: Creating default object from empty value in /home/gssn/public_html/ipsorg/blog/ips/wp-content/themes/platform/admin/class.options.metapanel.php on line 49 bazaar | IPS Writers in the Blogosphere
The US and EU are touting Iran’s currency woes as proof that sanctions are working, though it’s not clear to what end. The Wall Street Journal reports that the Western powers “are working on new coordinated measures intended to accelerate the recent plunge of Iran’s currency and drain its foreign-exchange reserves”:
Commentary magazine’s Jonathan Tobin warns the Obama Administration that it should not chalk up Iranian hyperinflation (the rial fell to 35,000:1 against the US dollar this week) and the outbreak of bazaar protests over the situation as a sign of success in forcing the Islamic Republic to abandon its [...]
Hawks Warn that Iran hyperinflation no cause for US celebration (yet)
via Lobe Log
Commentary magazine’s Jonathan Tobin warns the Obama Administration that it should not chalk up Iranian hyperinflation (the rial fell to 35,000:1 against the US dollar this week) and the outbreak of bazaar protests over the situation as a sign of success in forcing the Islamic Republic to abandon its [...]