Tag: iran economy

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Geopolitics

Cash-Strapped Iran Ramps Up A Favorite Old Business: Taking Hostages For Ransom

Photograph of Iranian President Ebrahim Raisi visiting an exhibit celebrating the achievements of the country's defence industry.
August 22, 2023, Tehran: Iranian President Ebrahim Raisi visits an exhibit celebrating the achievements of the country's defense industry Iranian Presidency Office/ZUMA

Is the Biden administration following President Obama’s counterproductive recipe of handing Tehran large sums of cash hoping for good conduct and a tepid détente?

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