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(Asia Times-Hong Kong) Barbara Slavin - Recent economic unrest in Iran includes the first prolonged strike in the Tehran bazaar and protests by industrial workers who have gone unpaid for months. Unemployment is officially 14% overall but close to 30% for young people, said Djavad Salehi-Isfahani, a professor of economics at Virginia Tech. A major test is likely to come when the government phases out subsidies of consumer staples, now due to be implemented in September. 2010-07-15 09:08:44Full Article
Iranian Unrest Grows Over Economic Woes
(Asia Times-Hong Kong) Barbara Slavin - Recent economic unrest in Iran includes the first prolonged strike in the Tehran bazaar and protests by industrial workers who have gone unpaid for months. Unemployment is officially 14% overall but close to 30% for young people, said Djavad Salehi-Isfahani, a professor of economics at Virginia Tech. A major test is likely to come when the government phases out subsidies of consumer staples, now due to be implemented in September. 2010-07-15 09:08:44Full Article
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