Looking back at a year of Iran Sanctions

By Erich Ferrari via Sanctions Law This was a big year for sanctions. Although 2012 isn’t over yet and there is some pending legislation threatening to impose more sanctions against Iran and a forthcoming set of regulations from OFAC on some of the… Continue Reading

More on the Falling Rial from Djavad Salehi-Isfahani

Virginia Tech economist Djavad Salehi-Isfahani’s recent explanation of the rial situation in Iran generated a lot of attention, and much in the way of non-expert criticism, likely because it deviates considerably from the prevailing narrative on Iran’s economy: it’s about… Continue Reading

The Rial Saga

via Middle East Economic Survey By Jahangir Amuzegar *Dr. Amuzegar is a distinguished economist and former member of the IMF Executive Board. During the last 12 months, and particularly since January 2012, the erratic and unhinged behavior of the Iranian currency,… Continue Reading