Posts Tagged ‘Mahmoud Ahmadinejad’

Iran feels economic pain as oil prices fall

October 31st, 2008

TEHRAN, Iran (AP) — Three weeks ago, a hard-line cleric close to Iran’s president gloated publicly that the world financial crisis was God’s punishment on the United States. The laughter, however, was short-lived.
Iran plunged this week into a bitter storm of political recrimination, largely directed at President Mahmoud Ahmadinejad, as officials and ordinary Iranians realized [...]

Iran exports, oil earnings hurt by world crisis

October 26th, 2008

TEHRAN, Oct 26 (Reuters) - Iran is being hurt by the financial crisis because of falling oil prices and a world downturn that will damage non-oil exports, an official said on Sunday, even though Iran’s economy was relatively isolated.
Iranian officials are voicing more concern about the impact of the international financial turmoil after initially brushing [...]