Raisi faces a do or die economic dilemma
Kourosh Ziabari - Asia Times: Speculation is rife in Iran over who will steer the economy under President-elect Ebrahim Raisi, the conservative cleric and judicial head who clinched an easy victory in the June 18 election. The challenges Raisi faces are severe and experts are already casting doubt on his ability to remedy the economy given his limited statecraft experience and the ambiguity surrounding his plans for post-Covid economic recovery, taming hyperinflation and incentivizing investment. By any measure, Iran is in the throes of a cataclysmic economic recession, aggravated by the global pandemic and the economic sanctions that have crushed the livelihoods of ordinary citizens and businesses since former US president...
Continue reading