Analysis

Iranian Economy Struggles but WMD Programs Advance
Iran’s Minister of Petroleum, Rostam Ghasemi (c), attends the opening session of the 160th meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on December 14, 2011. Europe is likely to soon ban the import of Iranian oil. (DIETER NAGL/AFP/Getty Images)
December 27, 2011
| Security
| Middle East and North Africa
Summary
Home
Iran’s economy is being ravaged by inflation and increasing isolation from the global economy, but progress on its nuclear and missile programs continues unabated. The sanctions imposed by the United States and Europe, it’s clear, are not having their desired effect.In just the last two months, the Iranian currency has lost half its value, and the government is now being forced to phase out subsidies for fuel and other staples. Sanctions imposed by the United Nations, United States and the European Union are a contributing factor, but probably no more so than the disastrous policies of the theocratic regime.
Comments or questions about this article? Click here to contact us.
 
Login or Create New Account
Email Address:
Password:
New to LIGNET? Create New Account
GET FREE Intelligence Reports

LIGNET provides you with actionable intelligence and in-depth analyses from seasoned insiders including senior CIA officials, presidential advisors, ambassadors, and more.

 
Sign Up for
FREE Intelligence Reports!
 
 
Join Now
Already have an account?
Click here to log in.

 
Join Now
Knowledge is Power
Only if You Access it!
Upgrade to a full access account and get the official CIA World Fact Book 2014 FREE!
Upgrade Now
FREE CIA World Factbook 2013
 
 
What is LIGNET?
Powered by Newsmax
LIGNET is registered in the U.S. Patent and Trademark Office. Langley Intelligence Group Network is registered in the U.S. Patent and Trademark Office.