(Commentary)- Michael Rubin- Iran's Central Bank has released a chart which shows a tremendous rise in the price of most basic foodstuffs in Iran during the past year. The price of chicken has skyrocketed 57% and beef has increased 49%. The price of vegetables has, on average, increased 79%. The increase in food prices has far less to do with sanctions than it does to basic regime mismanagement of the Iranian economy.
2012-06-07 00:00:00Full ArticleBACK Visit the Daily Alert Archive