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Maroc Maroc - WN.COM - Asia - 04/Mar 17:34

Why Iran is collapsing

The Iranian regime is fighting for its survival. It was doing this before the Israelis and Americans launched their attacks on the country on 28 February and now the challenge is even greater. The regime is in trouble because it has governed with cruelty, rigidity and incompetence. Its economy is a mess; a consequence of the combined impact of sanctions, corruption and mismanagement. Inflation is around 50 per cent and the currency is worthless. Banks are close to failing. Decades spent boosting its military power and that of its proxies has left energy infrastructure neglected, leading to regular blackouts and severe water shortages. The standard of living has plummeted. The surging price...

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