The Iranian economy is mired in a deep recession. The real or productive sector of the economy is paralyzed, largely by out-of-control (and often illicit)
As we analyzed previously for NEO in this piece, the US policy of sanctions vis-à-vis Iran has put it in diplomatic isolation, forcing its most
Further oil price increases could trigger a slowdown in domestic or global economic growth, which could further complicate the U.S.’ Iran policy and Trump’s domestic
US action against Iran may have had the intention to drive Iran’s international economic activity to a grinding halt but China may well veer that
China’s new futures market in Shanghai is trading in the Chinese currency, the Yuan, rather than dollars. One reason for dumping the dollar in this regard is
Addiction to sanctions’ is how Iranian Foreign Minister Mohammad Javad Zarif described Washington’s latest moves. He reiterated that sanctions may produce economic hardship, but not
With American sanctions re-imposed, a national currency in freefall, and protesters voicing their grievances across the country, Iran could possibly be headed towards a crisis.
The Canada-Saudi spat looks set to accelerate as the Kingdom’s central bank ordered its fund managers to withdraw hundreds of millions of dollars in equities,
It’s embarrassing enough to have Donald Trump as president. But now American citizens have to endure the additional pain of the sanctions that other countries
Russia, China, Turkey, Iran, and even India are targets of the US sanctions; what practical measures should these countries employ to counter US sanctions? Paul
Sanctions are much in demand these days as a tool of American foreign policy. Members of Congress want tough new sanctions against Russia for its interference in
European nations expressed concern on Sunday after Secretary of State Mike Pompeo announced that the US is set to start reimposing sanctions on Iran lifted
An amicable formula seems to be emerging between the Trump administration on the one hand and China and India on the other hand as regards
If the new Iranian cryptocurrency manages to gain support from Iran’s would-be trading partners, we could see Tehran gain a powerful new asset in its
The key take away from the BRICS summit in Johannesburg is that Brazil, Russia, India, China and South Africa – important Global South players – strongly condemn
As the Iranian economy begins to feel the growing pain of American-led sanctions, the question of a proper counterstrategy to minimize the damage and to
What sanctions? Despite Donald Trump’s dangerous rhetoric against the Islamic Republic and scrapping the Joint Comprehensive Plan of Action (JCPOA), US exports to Iran are
Irina Slav at Oilprice.com notes that China’s Dongming Petrochemical Group is dropping imports of US crude for its refineries and replacing them with oil from Iran,
The Trump administration has “gone nuclear” in reportedly demanding that all of Iran’s current oil consumers completely eliminate imports of Iranian imports by November 4.
It is as clear as day that President Trump is obsessed with regime change in Iran. What is not made clear is how much his
Too often, news about Iran is tainted by the politics of the day, particularly in the US. Recent protests by the bazaar merchants of Tehran
Major states buying oil from Iran are unlikely to heed the US call to drop imports; key allies want a waiver to avoid sanctions; OPEC,
The White House can drive Iran’s oil exports to zero, or it can have moderate US gasoline prices, but it probably cannot have both. The
The United States is pushing countries to halt imports of Iranian oil from November, a senior State Department official said on Tuesday, and it will
Tuesday’s protests at the Grand Bazaar in Tehran were in many ways the opposite of the small-town clashes that broke out last January. These were rallies of
