The Islamic State’s Dollars and Cents

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by Derek Davison Last August, the Islamic State (ISIS or IS) put out a video that would’ve thrilled most gold bugs if it had been produced by just about anybody else. Called “The Rise of the Khilafah and the Return… Continue Reading  

Sanctions Lifted But Economic Challenges Remain for Iran

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by Djavad Salehi-Isfahani If there is a big economic payoff to the implementation of the Joint Comprehensive Plan of Action (JCPOA) and the lifting of international sanctions against Iran, the financial markets in Tehran are not yet impressed. The rial… Continue Reading  

Changing Course on Economy in Iran

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by Djavad Salehi-Isfahani On October 13, Iran’s parliament approved the July 14 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), and the Council of Guardians granted final approval a day later. The parliament proceedings were heated. One… Continue Reading  

Moving from Bazaar to Bourse in Iran

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by Esfandyar Batmanghelidj Anticipation has been building among international investors and business leaders as Iran and the P5+1 edge closer to a nuclear deal. Each week another trade delegation—whether American, or Swiss, or German—makes its way to Tehran to scope out… Continue Reading  

Economics Will Decide the Fate of the Iran Deal

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by Djavad Salehi-Isfahani Israeli prime minister Benjamin Netanyahu has a terrible record in predicting the future of Iran’s nuclear programme, but it’s hard to argue with his suggestion that last week’s accord between Iran and the P5+1 countries will “bolster Iran’s… Continue Reading