Economics
Iran Faces a Long Road to Recovery
- Creaking banks and volatile prices add to oil's collapse
- `It will take 20 years to rebuild,' says Tehran market trader
Iran's Sanctions Relief 101
This article is for subscribers only.
Away from the offices and hotels where Iranian officials greet foreign executives, the narrow, winding walkways of Tehran’s bazaars are a stream of chattering shoppers stocking up on reality.
It’s been two weeks since sanctions were formally removed from Iran’s economy on Jan. 16 and something else is already audible again beneath the traders’ appeals to would-be customers ambling past their fruits, spices and housewares: the groans of concern and caution over the country’s future.