Iran Sanctions: How Deep Will They Bite?

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by Djavad Salehi-Isfahani For anyone watching the Asian Football Confederation (AFC) Champions League final, hosted in Tehran’s Azadi stadium on Saturday, the only disappointment was the nil-nil score that denied Iran’s team first place in Asia. The stadium scene was… Continue Reading  

Is Iran’s Rial in Free Fall?

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by Djavad Salehi-Isfahani The decision announced last Monday in Vienna to extend the talks aimed at a compressive agreement on Iran’s nuclear program for an additional seven months has resulted in Iran’s currency taking dive. In one week, the rial lost… Continue Reading  

Will Falling Oil Prices Force Iran’s Hand in the Nuclear Talks?

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by Djavad Salehi-Isfahani The timing of the fall in global oil prices could not have come at a worse time for the government of Hassan Rouhani in Iran. A decline of 30% in oil revenues, which he noted in a recent… Continue Reading  

Is Time on Iran’s Side?

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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

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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