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...
Published on January 04, 2018 20:01