From: rking164@comcast.net   
      
   Without a doubt, there will be a serious sell-off of the Iranian currency now.   
   We also see I an's fears concerning the upcoming reelection of Donald Trump.   
      
   With an annual inflation rate of at least 50 percent, the diminishing value of   
   the rial signals further inflationary pressures in the months ahead. Monthly   
   wages for workers, averaging less than $200, exacerbate the challenges within   
   an economy where    
   inflation outpaces salary adjustments. Such economic strains have led to   
   strikes and protests across various sectors, including oil and gas production   
   platforms and refineries.   
      
   Amid the economic woes, Iran's leading economic newspaper Donya-e-Eqtesad has   
   drawn attention to the potential ramifications of Trump's potential return to   
   the White House, citing it as a factor contributing to the rise of foreign   
   currencies and the    
   price of gold. The paper also highlighted regional instabilities, particularly   
   in the Red Sea, as factors fueling economic insecurity among Iranian   
   investors. Last week, the devaluation of the rial intensified following Iran's   
   ballistic missile strikes    
   on targets in Iraq and Pakistan. Tensions were already heightened due to   
   Iran-backed Houthis' assaults on commercial vessels in the Red Sea.   
      
   Now that Iran has finally managed to se a few US servicemembers as dead, We do   
   expect to see immediate negative impact on the rial. maybe 100.000 to the   
   dollar soon instead of 52.000. Guess Iran will need to steal some oil to cover   
   some of the expected    
   loss.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)