FOREIGN POLICY
The United States Should Seize on Iran’s Currency Crisis
by Saeed Ghasseminejad, Richard Goldberg
May 4, 2018
While the debate over the future of the Iran nuclear deal and U.S. military strategy in Syria rages in Washington, policymakers cannot afford to miss the historic events unfolding inside Iran. The United States’ response to these developments will not only affect the future of the Islamic Republic but Syria and the broader Middle East, too. Over the first three months of 2018, Iran’s currency collapsed into total free fall, with the dollar gaining 37 percent against the rial — accelerated in part by John Bolton’s appointment as U.S. President Donald Trump’s national security advisor. READ MORE