Concepts part 7

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As the price of dollars in Tehran goes up, the economy goes down.

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So, prices are going up very, very rapidly. What's the government have to with that? What politicians are likely to benefit? Which ones are likely to suffer? Iranian economists: The country is suffering highest inflation rates since WWII In an open letter, over 50 Iranian economists warned of a collapse in the Iranian economy, stating that the severe inflation of the rial has hit a high it had never reached in the past 75 years, since World War II. They also considered the continuation of what they called “wrong economic policies” that would lead to the suffering of Iranian families as the reason for this high rate of inflation in the country, according to the Iranian news agency ILNA. The experts also called on the heads of the parliament and judiciary to intervene... The experts pointed out that the current “incorrect policy” of managing the collapse in currency caused the currency to lose about 70 percent of its value since April under the threat of revived US sanctions, with he...
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Delay of "game"

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The delay of an annual meeting of Chinese leaders might be due to the U.S. election schedule. ‘The biggest story in Chinese politics right now’ – silence over Communist Party’s autumn meeting As China’s ruling Politburo wrapped up its October meeting on Wednesday, there was still no word on a key autumn meeting of the Communist Party, which according to party convention should be taking place soon… Analysts said the likely delay of the Central Committee meeting – expected to focus on mid to long-term economic policies – might suggest a lack of consensus among the Chinese leadership over how to battle the growing headwinds facing the world’s second-largest economy. The autumn plenum that comes a year after the party’s national congress is largely seen as the most important full meeting of the party’s roughly 400-strong political elite, who gather behind closed doors at least once a year… Many people are watching its slowing economy, faltering stock markets and the dispiriting retreat...
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Degree for nothing?

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What political consequences can you predict from this report? Dire figure shows 42 percent of Iran’s unemployed are university graduates Iran is facing a crisis represented in the high percentage of the unemployment among the universities and institutes graduates at 42 percent of the total unemployment. Dr. Saeed Nemki, Assistant in the Development of Social and Public Affairs [said]… “We are facing this situation, while educating these people had cost a lot. Thus we should think about a basic solution for this dilemma and eliminate the elite from immigrating (abroad),”… [T]he 42 percent of the unemployed, either have bachelor’s degree or even higher, despite allocating major financial resources for their graduation. This is a very important issue in the society. Actually, the society’s expected something different than those graduates. Thus brain drain is one of the worries facing the labor market in the future… Iranian news agencies published reports that mentioned the details of t...
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