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(New York Times) Thomas Erdbrink - Behind the headlines announcing big business contracts in Iran with European companies, it is becoming increasingly clear that the only deals being struck have been with state-backed conglomerates tightly controlled by companies linked to state organizations like the Revolutionary Guards. As a result, little or nothing is trickling down to Iran's private sector. At the same time, almost all international banks continue to shy away from the Iranian market because of unilateral American regulations that label Iran as a state sponsor of terror.2016-02-08 00:00:00Full Article
Iranian Regime Reaps Benefits from Sanctions Relief
(New York Times) Thomas Erdbrink - Behind the headlines announcing big business contracts in Iran with European companies, it is becoming increasingly clear that the only deals being struck have been with state-backed conglomerates tightly controlled by companies linked to state organizations like the Revolutionary Guards. As a result, little or nothing is trickling down to Iran's private sector. At the same time, almost all international banks continue to shy away from the Iranian market because of unilateral American regulations that label Iran as a state sponsor of terror.2016-02-08 00:00:00Full Article
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