From L.A. Times:A key index has fallen more than 2,000 points as businesses are hit by flagging oil and commodities prices. An ailing economy could hamper President Ahmadinejad's prospects in June elections.
Reporting from Tehran and Beirut -- Iran is considering a $300-million financial bailout plan for companies listed on its weakened stock market, a newspaper reported this week, as share prices falter for businesses hurt by sagging oil and commodity prices.
According to a report Tuesday in the daily Kargozaaran, the chief of the Tehran Stock Exchange is pressing the government to put up cash to stop the collapse of the stock market, which has dropped to a five-year low since oil prices began plummeting this fall.
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