Protests Spread Across Iran as Inflation Tops 40 Percent

Protests in Iran intensify amid economic turmoil and rising inflation, challenging the government.

hotair.com

By John Sexton

Iran’s economy is nearing collapse thanks to annual inflation that has risen above 40% and even higher on things like food. Last week that led lots of people feeling the pinch to head into the streets.

Protesters took to the streets of the capital, Tehran, and other cities in Iran on Monday to decry surging inflation and the collapse of the national currency, which have thrown markets into chaos and punched holes in family budgets.

The currency plunged to a record low this past weekend against the U.S. dollar and the annual inflation rate rose to 42.2 percent in December…