Iran’s flourishing stockmarket reflects its resilient economy
The economy was hurt badly by sanctions but did not collapse
AS ONE DOOR slams shut, another creaks open. In the past fortnight the global pressure on Russia’s finances has increased dramatically. Meanwhile, in Iran, the grip of sanctions is set to be relaxed again. In 2018 America withdrew from a multilateral nuclear accord with Iran. A year-long negotiation to revive it has moved to the final stages. A deal appears close. It is not unhelpful to its chances that an accord would bring Iranian oil back to the global market.
This article appeared in the Finance & economics section of the print edition under the headline “Persian lessons”
Finance & economics March 12th 2022
- Can the world cope without Russia’s huge commodity stash?
- War in Ukraine will cripple global food markets
- Russia looks to Chinese financial plumbing to keep money flowing
- Western credit markets are holding up remarkably well
- Iran’s flourishing stockmarket reflects its resilient economy
- Our crony-capitalism index offers a window into Russia’s billionaire wealth
- How oil shocks have become less shocking
From the March 12th 2022 edition
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