Why Iran has the world’s best-performing stockmarket
Investors don’t seem to mind sanctions, disease or a shrinking economy
THERE SEEMS to be no end to Iran’s suffering. It has struggled with one of the world’s worst outbreaks of covid-19. As it opens back up there are signs that it is being hit by a powerful second wave. Last year the economy shrank by almost 8%. It may do worse this year. American sanctions had largely cut if off from the global market. The coronavirus has just about finished the job.
This article appeared in the Middle East & Africa section of the print edition under the headline “A bizarre bazaar”
Middle East & Africa May 23rd 2020
From the May 23rd 2020 edition
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Israel and Hizbullah strike a fragile deal to end their war
Joe Biden’s last roll of the dice on peace in the Middle East
The arrest warrant is a diplomatic disaster for Netanyahu
But may also undermine the International Criminal Court
Israel’s hardliners reckon Gaza’s chaos shows they must control it
Only 11 out of a recent convoy of 109 aid trucks managed to get in
Why GM crops aren’t feeding Africa
Despite decades of research, few countries grow them there
A genocidal militia’s quest for legitimacy
A warring party in Sudan claims it wants to talk peace
Get ready for “Maximum Pressure 2.0” on Iran
The Trump White House may bomb and penalise the regime into a deal