(New York Times) Vivian Yee - After years of sanctions, mismanagement and the pandemic, many prices in Iran have more than doubled since 2018, living standards have skidded, and poverty has spread, especially among rural Iranians. All but the wealthiest have been brought low. The darkening mood for middle-class Iranians can best be measured in the rush to leave the country after graduation, in delayed marriages and declining birthrates. The rial plunged from 43,000 to the dollar in January 2018 to 277,000 this week, a decline that forced the government last year to slash four zeros off the bills.
2021-09-30 00:00:00Full ArticleBACK Visit the Daily Alert Archive