
“The devaluation of the rial and soaring prices of staple goods are the latest signs that western sanctions – targeting the regime’s nuclear programme – and government mismanagement are compounding the country’s economic woes. On Wednesday, many foreign exchange dealers and bureaux across the country refused to trade dollars and some currency-monitoring websites refused to announce exchange rates. The authorities were also reported to have jammed signals of the BBC’s Persian service as the protest unfolded.”
http://www.guardian.co.uk/world/2012/oct/03/iran-currency-crisis-tehran-clashes
Related posts:
India seizure of smuggled gold zooms 365% in Q1
'Let's tax the sun': new Spanish law shocks world press
Afghani accused of murdering and torturing civilian blames U.S. commanders
Saudi Arabia developing all-woman cities
3 big revelations from the newly leaked NSA documents
Columbine Gunshot Survivor To Obama On Gun Control: ‘WHOSE SIDE ARE YOU ON?’
Wall Street Can’t Agree on When to Halt the U.S. Stock Market
China Devaluation Is Blow to Cash-Strapped Argentina’s Reserves
Abe's party loses local vote after Japan's security policy shift
Basta 'La Casta': No End in Sight to Italy's Economic Decline
G8 to clamp down on tax avoidance
Public Approval of Supreme Court Falls to All-Time Low
American killed in Egyptian clashes as Muslim Brotherhood offices attacked
The Southern Poverty Law Center Scam
Photo ID now needed to buy hair bleach under European anti-terror laws