Tough Economic Times In Iran

The Azadi Monument (Freedom Monument) is a prominent landmark of modern Tehran. The tower houses a museum celebrating Iran's cultural contributions to the world. Photograph by Sergio Pitamitz/CORBIS

Tehran Begins To Feel The Pain Of Finance Crisis
-- The Washington Times

Gloating ends as slumping oil prices take toll on economy

When the U.S. stock market plunged and venerable New York investment houses fell, some Iranian leaders said the Bush administration was paying the price for its aggressive, unilateral ways.

As the crisis mushroomed into a worldwide phenomenon, officials here are no longer so smug.

Former President Ali Akbar Hashemi Rafsanjani, still one of Iran's most prominent and influential political figures, told those attending Friday prayers Oct. 24 that Iran should not gloat because one of the major consequences of the crisis has been tumbling oil prices that are hurting the Iranian economy.

Read more ....

My Comment: The Iranian Government has spent years taunting the world community .... unfortunately for the Iranian people .... it is they who must now suffer.

Grab The Post URL

URL:
HTML link code:
BB (forum) link code:

Leave a comment

  • Google+
  • 0Blogger
  • Facebook
  • Disqus

0 Response to "Tough Economic Times In Iran"

Post a Comment

comments powered by Disqus