Iran

Push and Shove in Iran

While the rest of us are wondering what on earth happened to Barack Obama last night, the President’s Iran policy seems to be moving toward success. The international sanctions that he so laboriously put together are having a devastating effect on Iran’s economy. The currency is collapsing. And now, the bazaaris–Iran’s mythic and …

U.S. Sanctions Take a Toll on Iran’s Currency

There aren’t many places for Iranians to shelter their money these days. Inflation has surpassed interest rates. There’s a construction boom in Tehran, and gold and gems are popular, but hard currency is the safest commodity. And Iranians are fleeing the Rial for the dollar. As one U.S. official described it, they are voting with …

Iran Nuke Concession?

The New York Times is reporting that Iran may be about to open its Parchin military facility to international inspections. This is a biggish deal, but not a complete breakthrough. Parchin is where Iran may have been conducting experiments on weaponizing its nuclear fuel; there has been speculation that the facility housed a chamber to …

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