The macro effect is elevated inflation as energy prices are coupled with rising costs in transport, food and manufacturing
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On How Despite the Currency Crisis Iran’s State Revenues are not Collapsing
The steep decline of the Iranian rial against the dollar has produced a lot of extravagant claims about the collapse of the Iranian economy. While […]
Extreme Oil: Costly, Dirty and Dangerous (Klare)
Michael T. Klare writes at Tomdispatch.com: The New “Golden Age of Oil” That Wasn’t Forecasts of Abundance Collide with Planetary Realities By Michael T. Klare […]
Omar Khayyam (284) “God is merciful: Here, have some wine”
I staggered, drunk, outside a bar last night and saw a tipsy older man emerge, a bottle slung across his shoulder; and I said to him, […]
Lyon: CNN censored Ahmadinejad, engaged in War Propaganda
Amber Lyon, Emmy-award-winning journalist who has worked for CNN, alleges to RT that the network left out Iranian President Mahmoud Ahmadinejad’s calls for peace and […]
Iran Bazaar Strikes signal Misery, not Sanctions ‘Victory’
On Wednesday, the Tehran covered bazaar was closed, and the traditional market in some other cities such as Mashhad also went on strike, with demonstrators […]
Omar Khayyam (2) “Who brought you here?”
Tonight, who brought you, drunk, here to me? From behind the curtain, who brought you here?– to someone who was on fire because of your […]
Big Bird and the Romney Games (Cartoon)
Poll: Obama better Represents America!
We can pronounce the long GOP campaign to frame Barack Obama as somehow ‘foreign’ as complete failure. In a new Reuters/Ipsons Reuters/Ipsos poll of 1,600 […]
Top Seven Errors President Obama has made on the Middle East
Yesterday I explored the errors and fantasies in Gov. Mitt Romney’s WSJ op-ed on the Middle East. Here I will briefly go over the mistakes […]
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