Iran Moves Towards Greater State Control of Economy as US Sanctions Loom
As hard-hitting U.S. sanctions are set to be reimposed on November 5th, President Hassan Rouhani is reshuffling his ministers and advisors and fundamentally altering his administration’s economic policy.
Iran Hits ISIS Over Ahvaz Attack as Rial Stops Downward Spiral
After months of fluctuations and steady devaluation, the Iranian Rial rebounded sharply against the dollar this week. Analysts attributed the currency’s strengthening to multiple factors, from new authorities given to the Central Bank to currency speculators offloading dollars to maximize profits.
Iran Gears Up for the UN General Assembly
After weeks of uncertainty and debate about whether President Hassan Rouhani would attend the United Nations General Assembly (UNGA), it was confirmed this week that he will travel to New York on Sunday for the annual gathering alongside Foreign Minister Javad Zarif.