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Iran’s Grim Economy Limits Its Willingness to Confront the U.S. Fearful of public anger over a plunging economy, Iran’s leaders appear to be turning inward, pulling back from escalation.
New York Times ^ | January 13, 2020 | Peter S. Goodman

Posted on 01/13/2020 6:18:05 PM PST by karpov

LONDON — Iran is caught in a wretched economic crisis. Jobs are scarce. Prices for food and other necessities are skyrocketing. The economy is rapidly shrinking. Iranians are increasingly disgusted.

Crippling sanctions imposed by the Trump administration have severed Iran’s access to international markets, decimating the economy, which is now contracting at an alarming 9.5 percent annual rate, the International Monetary Fund estimated. Oil exports were effectively zero in December, according to Oxford Economics, as the sanctions have prevented sales, even though smugglers have transported unknown volumes.

The bleak economy appears to be tempering the willingness of Iran to escalate hostilities with the United States, its leaders cognizant that war could profoundly worsen national fortunes. In recent months, public anger over joblessness, economic anxiety and corruption has emerged as a potentially existential threat to Iran’s hard-line regime.

Only a week ago, such sentiments had been redirected by outrage over the Trump administration’s Jan. 3 killing of Iran’s top military commander, Maj. Gen. Qassim Suleimani. But protests flared anew over the weekend in Tehran, and then continued on Monday, after the government’s astonishing admission that it was — despite three days of denial — responsible for shooting down a Ukrainian jetliner.

The demonstrations were most pointedly an expression of contempt for the regime’s cover-up following its downing of the Ukrainian jet, which killed all 176 people on board. But the fury in the streets resonated as a rebuke for broader grievances — diminishing livelihoods, financial anxiety and the sense that the regime is at best impotent in the face of formidable troubles.

Inflation is running near 40 percent, assailing consumers with sharply rising prices for food and other basic necessities. More than one in four young Iranians is jobless, with college graduates especially short of work, according to the World Bank.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Foreign Affairs; US: New York; War on Terror
KEYWORDS: djibouti; eritrea; hassannasrallah; hezbollah; iran; iraq; lebanon; mullahloversonfr; newyork; newyorkcity; newyorkslimes; newyorktimes; putinsbuttboys; qasemsoleimani; qudsforce; sanctions; sudan; ukraine; waronterror; yemen
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This article is as close as the NYT can come to admitting that Trump's policy of sanctions is working in Iran.
1 posted on 01/13/2020 6:18:05 PM PST by karpov
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To: karpov

They’ll turn it around tomorrow and accuse President Trump of starving Iranian babies.

L


2 posted on 01/13/2020 6:20:27 PM PST by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: karpov

Poor Iran, defenseless victim of Trump the Terrible.


3 posted on 01/13/2020 6:20:27 PM PST by Steely Tom ([Seth Rich] == [the Democrats' John Dean])
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To: karpov

More winning!


4 posted on 01/13/2020 6:20:31 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: karpov
Iran is weak. One would imagine that this would be the perfect time to provoke a confrontation with them.

Of course, that would require a 5-dimensional chess player at the helm...

5 posted on 01/13/2020 6:24:47 PM PST by fhayek
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To: karpov

Westernize. They need to westernize.

Ditch the Mullahs. Ditch the hijabs.


6 posted on 01/13/2020 6:25:07 PM PST by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: karpov

7 posted on 01/13/2020 6:26:24 PM PST by Bommer (2020 - Vote all incumbent congressmen and senators out! VOTE THE BUMS OUT!!!)
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To: karpov

1 in 4 college graduates are unemployed.

Sounds like Obamanomics works over there like it did over here.


8 posted on 01/13/2020 6:26:26 PM PST by shotgun
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To: karpov

Too early to use “The Trump Doctrine”?


9 posted on 01/13/2020 6:26:45 PM PST by Ouchthatonehurt
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To: BenLurkin

Westernize. They need to westernize.

Ditch the Mullahs. Ditch the hijabs.


exactly

I think we are going to some sort of revolution from the inside in the next 6 months.

Killing their number 2 guy and 2 car loads of other fellow terrorists was the best thing we ever did for them

This gives the people who want freedom opportunity to take back their government.

President Trump made a statement that we are listening


10 posted on 01/13/2020 6:30:13 PM PST by Trump.Deplorable
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To: karpov

This article is as close as the NYT can come to admitting that Trump’s policy of sanctions is working in Iran.

...

You’re right.

Trump knows how to win and he’s doing that against Iran.


11 posted on 01/13/2020 6:31:56 PM PST by Moonman62 (Charity comes from wealth.)
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To: karpov

“The bleak economy appears to be tempering the willingness of Iran to escalate hostilities with the United States, its leaders cognizant that war could profoundly worsen national fortunes.”

Obama. John Kerry, and the NYT think it would be smarter to have Iran was in a position to escalate hostilities. They would reverse the sanctions in a second. Idiots cannot comprehend that countries do what they are capable of, and are only constrained by incapacity.


12 posted on 01/13/2020 6:33:06 PM PST by Chewbarkah
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To: Chewbarkah

Totally agree. Just imagine if Obama had employed Trump’s strategy 10 years ago. Iran would have been free of the Mullahs by now. Of course, that assumes Obama wanted a free Iran. I’m sure he did not.


13 posted on 01/13/2020 6:44:54 PM PST by rbg81 (Truth is stranger than fiction)
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To: Chewbarkah

Dump the iron hearted Mullahs and go back to the Shah. Open the place up to the west. It could be a great nation again. What is the Shah’s son doing these days? Maybe trump should meet with him?


14 posted on 01/13/2020 6:48:17 PM PST by Forward the Light Brigade (Into the Jaws of H*ll Onward! Ride to the sound of the guns!)
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To: karpov
I wish I could get up on the pedestal for one minute.

I would say that because of peanut,we are in this shit show in the mid east.

15 posted on 01/13/2020 6:56:11 PM PST by crz
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To: Forward the Light Brigade

YES! And thanks to peanut we got this shit show over there.

Maybe the Shah was a ruthless SOB, Maybe he was not. But the only thing these camel jockeys understand is ruthlessness.


16 posted on 01/13/2020 6:58:08 PM PST by crz
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To: crz

Who said “Trump’s foreign policy is infantile.”? I may be paraphrasing.


17 posted on 01/13/2020 6:59:19 PM PST by trublu
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To: Forward the Light Brigade
maybe one of Cyrus' descendants
18 posted on 01/13/2020 7:00:12 PM PST by dontreadthis (A TIMELINE OF TREASON on Profile Page)
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To: karpov

“as close as they come”

Yeah, the whole article is centered on Trump’s success...
But manages to never say so.


19 posted on 01/13/2020 7:03:44 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: Forward the Light Brigade

Though the Reza Shah Pahlavi’s son seems like a decent and temperate sort (I’ve seen him at a small political gathering), I would advise against Trump embracing him as a solution. The Iranians themselves need to terminate the theocratic oligarchs and fanatics, and create their own future. The US should keep hands off, so that the new government is seen as legitimate. This is actually the Shah-in-Waiting’s own position.


20 posted on 01/13/2020 7:16:04 PM PST by Chewbarkah
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