Thursday , 28 March 2024

Economy

Iran’s Economic Crisis Drags Down the Middle Class Almost Overnight

NYT— Less than a year ago, he was running a thriving computer accessories business, driving a new car and renting a comfortable two-bedroom apartment in the center of Tehran. But last month, Kaveh Taymouri found himself riding a rusty motorcycle on his hourlong commute to his family’s new lodgings, a 485-square-foot apartment in one of the city’s worst neighborhoods, next …

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