Sunday
May132012
The Latest from Iran (13 May): Tehran's Falling Oil Exports
See also Iran Special: Politics and the "Death Fatwa" on Rapper Shahin Najafi br>
Iran 1st-Hand: Reports from a Controlled Election br>
The Latest from Iran (12 May): Ahmadinejad Keeps on Trippin'
1505 GMT: Economy Watch. Economist Saeed Laylaz has rejected the President's claims that Iran's price rises are due to global inflation, saying the most important factor is the Government.
Laylaz said inflation had fallen from 26-30% in 2008-2009 to 20% in 2011-2012, but he noted that production has sharply declined and is now the biggest threat to the economy.