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Published 17 days ago

Iran's economy is a total mess after decades of sanctions — and offers a warning to Putin's Russia

Summary by Business Insider
A billboard depicting Iranian ballistic missiles in Tehran.AFP/Getty ImagesIran's economy is in bad shape.Decades of sanctions have driven up inflation, government debt, and poverty rates.Iran's struggles could be a warning for Russia as the war in Ukraine drags on.Escalating tensions between Iran and Israel have driven up commodity costs, reignited worries about a flare-up in inflation, and sparked renewed fears of wider conflict in the Middle …

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