“Iran in turmoil as rial goes into free fall,” Kourosh Ziabari, Asia Times, September 26, 2020.  The rial has lost 49% of its value this year, the annual inflation rate to date is 34.4%, and the average prices of basic foodstuffs, drinking water, beverages, and tobacco increased by 25.8% in the 12-months ending Aug. 21.  The IMF projects Iran’s GDP will contract 6% while unemployment reaches 16.3% in 2020.

The nature of this story is that it is not new.  It is hard to list it as News since these, to the best of my knowledge, are already announced and under construction projects.  “Iran constructing 100,000 houses for less privileged people,” Tehran Times, September 26, 2020.

“Nuclear armed Israel remains biggest threat to peace in West Asia: Tehran,” Tehran Times, September 26, 2020.

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