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A sick economy and growing poverty have fueled Iran’s protests

The Iranian economy is in free-fall, led by a stunning depreciation of its currency, the rial. Inflation and deepening poverty have fuelled the protests, which began with a strike among merchants in Tehran’s bazaar. Many Iranians seek refuge in gold as the currency spirals downwards. The rial has lost about 40 percent of its value … The post A sick economy and growing poverty have fueled Iran’s protests appeared first on Egypt Independent.


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