Indicators of Iran’s political stability continue to flash negative. Its currency is falling in value –AP reported that on the black-market exchange, the Iranian rial dropped to 112,000 to the dollar on Sunday from 98,000 the day before, while the steady decline of the official rate continues. A reformist newspaper headline led with a story about a potential “economy coup,” while the newspaper for a minority party in the Iranian parliament said Iran is moving toward a crisis that can be solved only by shaking up senior levels of government. A leading hard-line paper, while blaming economic issues on Iran’s enemies, also called for “revolutionary decisions” to resolve the country’s woes. Al-Monitor reported that the latest factional dispute in the Iranian government has pitted Iran’s chief of staff against a vice president. The country’s top security body released two prominent opposition leaders from prison. The Majlis Research Center, the research arm of the Irania
Daily Memo: Iran’s Political Instability, Eritrea’s Rehabilitation, the Price of Supporting Ukraine
All the news worth knowing today.