All articles tagged with #currency collapse
Protests across Iran, triggered by economic hardships and currency devaluation, challenge President Pezeshkian's reform efforts, with clashes between demonstrators and security forces highlighting deep public dissatisfaction and ongoing political tensions.
Protests over Iran's soaring living costs have led to clashes between protesters and security forces, resulting in at least two deaths in Lordegan, amid broader unrest across the country calling for political change and economic reform.
Protests in Iran over currency collapse have led to clashes, with demonstrators attempting to break into a government building in Fasa, resulting in injuries and arrests. The unrest, part of broader dissatisfaction with the government, has prompted a bank holiday and closures across the country to contain the protests, which are the most widespread since 2022.
Protests in Iran, initially by shopkeepers over the currency collapse, have rapidly spread across the country, involving students, workers, and other groups, reflecting widespread economic discontent.
Iran's government plans to revise its rejected 1405 budget after parliamentary opposition, amid economic turmoil, protests, and currency devaluation, with President Pezeshkian engaging lawmakers to address inflation, wages, taxes, and subsidies.
The Japanese yen has dropped to a 34-year low against the USD, experiencing a 32% decline since 2021 and a 50% drop since 2012 due to Japan's aggressive monetary policies. The Bank of Japan's massive money printing and debt purchasing have led to the destruction of the currency, despite recent small steps to move away from these policies. The yen's collapse serves as a cautionary tale about the consequences of prolonged reckless monetary measures.