Iran remains hit by biting sanctions that keep it isolated from global financial systems; rising prices have driven protests in several Iranian cities in recent months
TEHRAN: A year after Iran’s President Ebrahim Raisi took power, his government has curbed the Covid pandemic but faces a sharp downturn of the sanctions-hit economy as nuclear talks remain stalled. Having pledged to help especially the poor, the ultraconservative cleric now faces runaway consumer prices that have sparked protests. Raisi was elected in June last year in a
A year after Iran's President Ebrahim Raisi took power, his government has curbed the Covid pandemic but faces a sharp downturn of the sanctions-hit economy as nuclear talks remain stalled. Having pledged to help especially the poor, the ultraconservative cleric now faces runaway consumer prices that have sparked protests. Raisi was elected in June last year in a ballot for which less than half of voters turned up, after his major rivals had been disqualified by electoral bodies.
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