|
Trending Topics
|
Source: http://www.timesonline.co.uk/tol/comment/columnists/bronwen_maddox/article3186983.ece
Squandered Oil Bonanza May Bring Down Iranian President
[Times-UK] Bronwen Maddox - Oil at nearly $100 a barrel cannot keep Mahmoud Ahmadinejad safe in the presidency of Iran forever. Finally, it seems as if his breathtaking economic mismanagement, squandering an unprecedented bonanza, may prise him from office. With a total oil revenue in the first two years of his presidency of $120 billion, Ahmadinejad still found it necessary to deplete the emergency oil reserve fund set up by his predecessor, Mohammed Khatami. The parliamentary elections in March will be the best test of his support.