Stagflation and high unemployment have led Iran to raise fuel prices – resulting in violent protests. But while US sanctions are not helping, Iran must tackle serious economic reforms, says the resident scholar of the Arab Gulf States Institute.
Middle East
Latest articles from Iran

Joseph I Lieberman: The case against investing in Iran
January 1, 2017Banks that do business with Iran should bear in mind the legal, political, financial and reputational risks to both the company and its employees.

Iran plays the waiting game as Western banks hold back
August 1, 2016In the immediate aftermath of the signing of the Joint Comprehensive Plan of Action, Iran was looking forward to reaping the benefits of a sanctions-free future. However, major UK and EU banks are holding back on entering the country. James King examines why.

Iran's finance minister seeks positive post-sanctions outlook
January 4, 2016Iran's potential – with its abundant natural resources, young and educated workforce, advantageous geographical location and emerging status as a tourism hub – can now be realised with the sanctions imposed against the country dropped. This is an opportunity that cannot be missed, writes Ali Taiebnia, the country's minister of economic affairs and finance.

Iran: open for business
September 1, 2015The historic deal to end sanctions imposed by various Western powers upon Iran still has hurdles to clear, but already would-be investors are eyeing the country's rich potential.

Cyber attack: Is your bank safe?
September 1, 2014From financially motivated cyber crime to politically influenced cyber warfare, the virtual threats to financial institutions are multiplying. Companies must respond by arming themselves against such attacks or else they risk losing their footing on the new digital battleground.
Emerging markets look to SWFs for stability
October 1, 2013A new generation of sovereign wealth funds – from resource-rich economies in Africa and Latin America – has emerged over the past few years. While these new funds are still relatively small, their impact could be sizable if they enable their source countries to secure stable economic growth and mitigate future risks associated with the booms and busts of the commodity cycle.
NPL woes continue for European lenders
July 1, 2013Asset quality in Greece deteriorated sharply, while remaining weak in Spain, Ireland and Slovenia. By contrast, non-performing loans are falling steadily in the US.

View from Iran: how the country's economy came to crisis
March 1, 2013An Iranian economist reports from the country, telling how the targeted US and UN sanctions have delivered a huge blow to the country's economy, an economy that was already overly dependent upon oil revenues and reeling from years of mismanagement.

The ties that bind commodities players
June 1, 2012Emerging market growth is changing the strategy for the commodities business at the same time that tighter regulation is altering the relationship between banks, merchant traders and investment funds.