Iran’s Financial Long Game To Beat The Nuclear Deal

Iran’s heavy reliance on project financing arrangements will have consequences that far outlive the initial terms of the Iranian nuclear agreement, while creating a potentially unique set of incentives for the various parties in the event Iran defaults on its commitments or resorts to old patterns at the expiration of the Joint Comprehensive Plan of […]

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Has Summer Brought A New Optimism About The Russian Economy?

Markets have soared: the ruble is the best-performing emerging market currency this year, up over 20 percent since late January against the dollar, and equities have posted double-digit gains. Russian markets have benefited from a range of macroeconomic and technical factors—a moderate pickup in oil prices, a search for yield by investors punished by low […]

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Can Things Get Any Worse For Russia?

Sanctions imposed by the U.S. and the European Union to punish President Vladimir Putin for meddling in Ukraine remain a drag on growth. And oil’s decline to a 13-year low has been catastrophic for Russia, where almost 50 percent of government revenue comes from crude and natural gas. Read Here – Bloomberg

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No Wine, No Lunch: French Message For Iran

…the Iranian insistence that no wine be placed on the table came a few days after the point, on Rouhani’s European tour, when the Italians agreed to cover up some potentially offending nude statues that he might otherwise have glimpsed at an event in the Capitoline Museums, by placing big white boxes over them. The […]

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Will Iran’s red tape thwart post-sanctions boom?

Reform of Iran’s cumbersome permit system has come under the spotlight in recent months. Yet, efforts to minimize the number of licensing documents required for doing business in various sectors of the economy have made slow progress due to resistance from state organizations, among other reasons. Read Here – Al Monitor

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