Iran – economic pain not disappearing

Despite anxious rhetoric about Iran’s aggressive intentions towards the west, the state of their crumbling economy doesn’t suggest they are in any position to gear up their war machine. The inflation rate is running at a staggering 35% by last month and that is down on earlier in the year. Food prices are up by 70% on last year. But with a new hardline president Ebrahim Raisi in place, there seems little hope of compromising with the USA to remove economic sanctions.  Both the R