How Much is Iran’s Economy Recovering?

by Djavad Salehi-Isfahani Iranian President Hassan Rouhani could not wait for the quarterly Economic Trends report published by the Central Bank of Iran (CBI) to be issued. It showed that from March 2013 to March of this year, Iran’s GDP… Continue Reading

President Obama has time to deal with Iran, if only he knew it

by Mark Jansson Although President Obama has another four years, he will surely continue to hear from Israeli Prime Minister Benjamin (Bibi) Netanyahu and a chorus of critics at home, that he has far less time to convince Iran to… 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

Shadow Banking and War with Iran

Shadow banks may control about 25 to 30 percent of the world’s financial system. They may be about 50 percent of all banking assets in the world. I say may in both of those sentences because it is hard to… Continue Reading