Trump’s Operation Economic Outcast is expected to push many Iranians into deeper poverty as food inflation soars
For many Iranians, the new US sanctions campaign, called Operation Economic Outcast, seems superfluous given the grim economic situation in their country.
Iranians are facing runaway food inflation, closed petrol stations and a seemingly never-ending depreciation of the nation’s currency caused by a lack of foreign exchange reserves.
This is a summary. Read the complete story at the original publisher:
Read the full article on Guardian Money →
Business
Telecoms company to benefit from soaring prices for recycled metal recovered from full-fibre broadband rollout
Business
AI company faces multibillion dollar lawsuit over misuse of copyrighted songs to train Claude models
Business
Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme
Business
More than 20 organisations have written a joint letter to John Swinney urging him to scrap his plan for a legal cap on some food and drink prices.
Business
Director Mark Mori followed coffee chain workers’ struggle to unionize: ‘These young kids are so inspirational’