The Latest from Iran (1 August): Brain Drain and a "Brain Tumour"

1650 GMT: Back to the Brain Drain. An EA reader has kindly asked us about the context for our morning report (see 0630 GMT) of an Iranian official revealing that 97% of Iranian Ph.D. students are pursuing their degrees abroad.

The story came from an interview, with the Director General of Home Affairs at the Ministry of Science and Higher Education, in Daneshjoo News (Student News).

Subsequently, another official at the Ministry told Fars that the "97%" claim was "not true" because it was taken out of context.

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The Latest from Iran (26 July): Ahmadinejad is a "Repair and Maintenance Project"

2000 GMT: Economy Watch. Despite US-led sanctions, foreign direct investment in Iran rose to a new record in 2010 of more than $3.6 billion dollars, according to the United Nations Conference on Trade and Development.

UNCTAD's "World Investment Report" found that the foreign direct investment increased around 20% in 2010. FDI has soared from $1.6 billion in 200.

Global FDI flows grew 4.9% in 2010 to $1.24 trillion, but were 15% below the rate of $1.472 trillion before the 2008 financial crisis and nearly 37% below their peak in 2007 of $1.971 trillion.

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The Latest from Iran (23 October): A Victory in Qom?

1835 GMT: Political Prisoner Watch. Safar Mousavi, the head of Foulad Shahr city council in Isfahan Province, has been released on bail after 40 days in prison.

1820 GMT: Subsidy Watch. More warnings for the Government as it may or may not introduce subsidy cuts....

Ali Asghar Yousefinejad, the chair of Parliament's Industry Commission warns that subsidy refunds will not cover rising costs. Ayande News adds substance: new gas bills will be 800,000 Toman (about $800) but the support payments are only 1/10th of this.

1815 GMT: Economic Transparency? Adel Azar, the head of Iran's Statistics Center has declared, that if the government accepts the offer, the Center will publish the data on inflation.

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