Iranian media have reported extensively on the severe recession and rising prices overshadowing the Nowruz market (the Persian New Year which starts on March 21), noting that demand has dropped to a minimum in the final days of the year. The state-run website Etemad Online, in a report titled “Nowruz Nuts More Expensive Than Gold,” … Continue reading Severe Inflation and Economic Instability Overshadow Iran’s Nowruz Market