The Media Line: War-Stricken Economy Fuels Prospect of Renewed Protests as Citizens Say They Have Reached a ‘Breaking Point’  (VIDEO)

War-Stricken Economy Fuels Prospect of Renewed Protests as Citizens Say They Have Reached a ‘Breaking Point’  

More than 40% of the population now lives below the absolute poverty line, with that figure exceeding 50% in the capital. Economists warn, however, that the real poverty rate may have climbed above 60% nationwide.   

By Omid Habibinia/The Media Line  

Iran’s already dying economy is now being pushed toward full collapse after several weeks of war. Food prices are rising not only day by day but hour by hour, with some staples increasing by at least 50 percent compared to pre-war levels.  

At the same time, the disruption of internet access has halted many services. Factories and production facilities are facing acute shortages of raw materials, and the country’s administrative system has been severely impaired. “It has become impossible to endure this situation any longer,” a Tehran resident told The Media Line.   

YouTube link: https://www.youtube.com/watch?v=Oq2prpxules&t=29s 

Caption: Economy #1: Arezoo Karimi, an economic journalist, says that even if Iran’s regime and the United States reach a possible deal, Iran’s economic collapse cannot be reversed in the short term. (The Media Line)