Iran’s Presidential Election Puts Populism to the Test

Iran-economy-sanctions-rial

by Djavad Salehi-Isfahani Economic issues are paramount on the minds of Iranian voters as they ponder the long list of candidates registered for president: who among them is likely to survive the vetting by the Guardian Council, and, of those,… Continue Reading  

Is Time on Iran’s Side?

Tehran

by Djavad Salehi-Isfahani The latest round of talks between the P5+1 (the US, Russia, China, Britain, France, and Germany) and Iran in Kazakhstan concluded on Saturday without any tangible progress. While details of the reciprocal offers remain unclear, what we… Continue Reading  

Iran’s Economy After Devaluation

Iran-economy-sanctions-rial

by Djavad Salehi-Isfahani Four months after the collapse of the rial earlier this fall, Iran’s economy is still reeling from its effects. The rial lost 40% of its value in one week late last September, succumbing to accumulating pressures from… Continue Reading  

Understanding the Rial’s Freefall

iran-rial

by Djavad Salehi-Isfahani The sharp drop in the value of the rial in the last two weeks has created much excitement in Iran and abroad, but mostly for the wrong reasons. In the parallel (or free) market for foreign currencies, the… Continue Reading