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Sunday, March 2, 2025

Life in Iran

 The whole story is very entertaining.

Iran’s economy minister impeached as inflation rises, currency falls - Aljazeera

"In 2015, the Iranian rial was worth 32,000 to the United States dollar, but by the time Pezeshkian took office in July, it had plummeted to about 600,000 to the dollar on the open market."

This bit gives a little insight:

"Rampant local mismanagement and corruption paired with decades of US-led sanctions have battered Iran’s economy. Amid the expanding fallout of Israel’s war on Gaza and blows dealt to the Iran-led “axis of resistance” in recent months, public concern over further economic instability has only risen.

"For the past three months, Iran has been forced to shut down key services across the country due to a lingering energy crisis."

 

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