Why There Won’t Be a Revolution in Iran
Iranian President Hassan Rouhani did the right thing going on television and at least acknowledging popular anger over hard economic times. Inflation is high at 12% but down from 40% at the start of Rouhani’s first term. And the recent increase in fuel and food prices by up to 40% has hardly helped. That was part of Team Rouhani’s 2018 budget, which cuts subsidies for the poor – a key feature of the previous Ahmadinejad administration. Then there is youth unemployment, which hovers around the 30% mark. Similar figures recently came out of Spain, a member of the European Union. … Continue reading →
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