Sanctions on Iran ‘cost West billions’
According to our study, the United States is by far the biggest loser of all nations enforcing sanctions on Iran. From 1995 to 2012, the U.S. sacrificed between $134.7 and $175.3 billion in potential export revenue to Iran.
The Iranian African Connection
Since Iran has a difficult time in making friends with the West, it has been keeping its eye on Africa for partnerships over the past decade. Why reach out to Africa? According to an Iranian MP, “Iran looks at these countries through a humanitarian view based on prominent Islamic values”. Like Iran, governments such as […]
It’s the Economy, Ahmagh
Time reports that the Iranian economy is in a dire state, more than Tehran would like to reveal. The Iranian government has even stopped reporting economic statistics, as financial anxiety is encroaching upon the Islamic Republic’s stability. Although the Iranian government has ceased official economic reports, unofficial sources still report the growing labor problems; one […]
If wishing made it so…
Iranian President Mahmoud Ahmadinejad has stepped up his rhetoric since the onset of the current financial crisis, predicting “an end to capitalism” and declaring that “the bullying powers are on the verge of collapse.” Though Iran is not without its own economic troubles, its financial sector has been largely unaffected by the crisis gripping the […]