The Latest from Iran (25 December): Is the Currency Falling Again?
Tuesday, December 25, 2012 at 6:36See also The Latest from Iran (24 December): All-Is-Well Oil Alert...But With a Confession>
1755 GMT: Parliament v. President. Kalemeh summarises today's closed session of Parliament, the latest act in the Majlis' battle with President Ahmadinejad over his economic plans and subsidy cuts programme.
1725 GMT: Economic Warfare Watch. Mohammad Reza Naqdi, the head of the Basij militia, has tried to rally people for economic battle.
Naqdi said the enemy has turned to Iran's economy after failure in the military, cultural, and political realms. He proclaimed that the Bazaar is the "honour" of Iran's economy and that, as a large consumer, the Revolutionary Guards can change the behaviour of producers.
An EA correspondent assesses, "This is a harsh warning to the private sector to keep prices low."