Wednesday, October 3, 2012

Iran's Currency Crisis Results In Tehran Street Clashes



Iran Currency Crisis Sparks Tehran Street Clashes -- The Guardian

Police use teargas and batons on demonstrators and Tehran bazaar closes as value of rial plunges.

Hundreds of demonstrators in the Iranian capital, Tehran, have clashed with riot police, who used batons and teargas to disperse the crowd, which had gathered in protest against the crisis raging over the country's national currency.

The Grand Bazaar, the heartbeat of Tehran's economy, went on strike on Wednesday, with various businesses shutting down and owners gathering in scattered groups chanting anti-government slogans in reaction to the plummeting value of the rial, which has hit all-time lows this week.

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More News On Iran's Currency Crisis

Iranian police clash with protesters over currency plunge -- Reuters
Riot police surround Tehran bazaar after Ahmadinejad talks sanctions -- CNN
Iran police clash with protesters over currency crisis -- BBC
Iran closes Tehran bazaar as protesters angry over currency's collapse clash with police -- CBS/AP
Iran tightens measures to stem currency fall -- Bloomberg Businessweek
Iran’s President Ties Recent Drop in Currency to U.S.-Led Sanctions -- New York Times
Tehran Hit by Protests Over Currency Crisis -- Wall Street Journal
Iranian Police Clash with Protesters After Currency Plunge -- Voice of America
And Here's A Chart Of The Iranian Currency Collapse That's Causing Protests On The Streets Of Tehran -- Business Insider

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