The Economic War Against Iran

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by Esfandyar Batmanghelidj There is a telling line in Thomas Erdbrink’s recent report on Iran’s roiling currency crisis. Erbrink speaks to Kaveh and Reihaneh Taymouri, whose monthly household income fell from about $1,400 to just $90 following the collapse of… Continue Reading  

Brussels, not Tehran, in Pompeo’s Crosshairs

Polish Foreign Minister Jacek Czaputowicz and Secretary of State Mike Pompeo (U.S. Embassy Poland)

by Eldar Mamedov During his trip to the Middle East the Secretary of State Mike Pompeo announced an international summit in Warsaw on February 13-14 to “promote freedom, peace and stability in the Middle East.” Such objectives, judging by his… Continue Reading  

Europe’s SPV: With or Without Oil?

Federica Mogherini and Javad Zarif (U.S. State Department via Flickr).

by Kaveh L. Afrasiabi According to reports from Iran and Europe, the European Union is on the verge of launching the financial clearing house known as the Special Purpose Vehicle (SPV), which was initially announced on the sideline of UN… Continue Reading  

Europe Loses if the Iran Deal Collapses

Federica Mogherini (Drop of Light via Shutterstock)

by Tarja Cronberg Iran is not the only loser if the Iran nuclear deal (the Joint Comprehensive Plan of Action or JCPOA) collapses. A collapse may be near given the U.S. exit from the deal, and U.S. sanctions not only… Continue Reading  

New U.S. Sanctions on Iran and Europe’s Response

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by Tyler Cullis It’s not dark yet, but it’s getting there. This week, the Trump administration announced a new set of sanctions against some of Iran’s major industrial companies and financial institutions. This included Bank Parsian and Sina Bank—two private… Continue Reading