Via The New York Times, a report on Iranian businesspeople who prospered while helping the regime avoid sanctions: He called himself the “economic basij,” a reference to Iran’s hard-line paramilitary organization and defender of the Islamic Revolution. He drove a black Mercedes 500 SL and wore a $30,000 watch, as befits a man who put […]
Read more »Via Oil Price.com, an interesting look at China’s potential involvement in an Iran-Pakistan natural gas pipeline: The energy relations between Iran and Pakistan are a marriage made in heaven, except for international politics. Pakistan’s current energy deficit problems are severe and increasing. Pakistan’s most respected English-language newspaper, “Dawn,” recently headlined an article, “Pakistan, Nuclear-armed but […]
Read more »Via Oil Price.com, an interesting look at Iranian and Sudanese efforts to dominate central & western Africa: The Central African Republic has become a key player, working under Sudanese and Iranian direction, in jihadist action, geared to take advantage of the West’s declining influence in Western and Central Africa, even if it challenges the interests […]
Read more »Courtesy of The Diplomat, a report on Pakistan’s energy ties with Iran: Pakistan’s President Asif Ali Zardari arrives in Iran today to sign a series of economic agreements, including one that finalizes the Iran-Pakistan natural gas pipeline. At the end of January, the two sides agreed to set up a joint construction company to build […]
Read more »Courtesy of STRATFOR (subscription required) a detailed analysis of the Iranian currency crisis: Since late September, the Iranian rial has lost as much as 40 percent of its value against the U.S. dollar. The precipitous decline in the rial’s value broadly stems from the U.S.-led economic sanctions campaign against Iran and the imperfect options at […]
Read more »Via Energy Tribute, an updated look at Iran’s economy: Since Mahmoud Ahmadinejad first became President of Iran, in August 2005, the country’s economy has gone from bad to worse. Iran now ranks near the bottom – 144 out of 183 countries – in the World Bank’s Doing Business 2012, an authoritative report that measures the […]
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