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The economy has faced major challenges recently: recurring disruptions to the oil and gas sector, state fragmentation and war between the government in Tripoli and the armed…
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DOI: 10.1108/OXAN-DB260586
ISSN: 2633-304X
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Geographic
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In the region’s distressed and dysfunctional economies, cryptocurrencies have often become a lifeline for ordinary people, despite volatile prices and a risk of theft. By…
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DOI: 10.1108/OXAN-DB274583
ISSN: 2633-304X
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IRAN: Currency depreciation spiral could cause unrest
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DOI: 10.1108/OXAN-ES235679
ISSN: 2633-304X
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Geographic
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Plunging oil and gas revenue have created a dauntingly large budget deficit and the rapid erosion of foreign exchange reserves. To deal with the situation, the government on July…
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DOI: 10.1108/OXAN-DB202775
ISSN: 2633-304X
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This was despite a sharp economic contraction, high inflation and currency devaluation. The government has played a significant role in promoting equities growth, with state or…
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DOI: 10.1108/OXAN-DB253322
ISSN: 2633-304X
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Divisions in financial institutions.
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DOI: 10.1108/OXAN-DB216939
ISSN: 2633-304X
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From a rate of 39,000 to the dollar in December 2017, the rial devalued to around 65,000 in April 2018. There was a sharp spike to 75,000 after US President Donald Trump announced…
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DOI: 10.1108/OXAN-DB235424
ISSN: 2633-304X
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The municipal elections are also an opportunity for President Recep Tayyip Erdogan to solidify his rule further by winning back the cities he lost in 2019. The adoption of more…
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DOI: 10.1108/OXAN-DB283584
ISSN: 2633-304X
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A cabinet meeting yesterday to discuss a replacement failed to achieve quorum, as key political forces boycotted it. The first deputy governor, who succeeds by default, has…
Prospects for Iran to end-2018.