Drone Capture, Dismissing Diplomats, UN Report on Nuclear Activity…

There is an economic side to Iran as well…

According to the New York Times, Iran’s subsidies regime, introduced to ensure a fair distribution of limited goods during the Iran-Iraq war, has placed enormous strains on the country’s finances, with energy subsidies alone costing $114 billion a year. That coupled with gasoline shortages stemming from international sanctions prompted the government of Mr. Ahmadinejad to take a step that his predecessors have avoided for fear of the potentially high political costs: ending selected subsidies….continued


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Filed under Analysis, PIDE (Policy, International Development & Economics), Politics

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