FOX News: Iran’s economy is sucking wind

Tensions are escalating between the United States Opens a New Window. and Iran – and its economy is buckling even further after the U.S. pulled out of the Iran nuclear deal last year and reinstated sanctions.

Over the weekend President Trump lashed out at Iran after a rocket landed less than a mile from the U.S. Embassy in Baghdad’s heavily fortified Green Zone Opens a New Window. , the first such attack since September as reported by Fox News. An Iraqi military spokesman told reporters the rocket appeared to have been fired from east Baghdad, which is home to several Iran-backed Shiite militias.

Read more ….

Update #1: In Iran, a plunging economy trumps fears of US confrontation (ABC News/AP)
Update #2: Trump Readies a New War on Iran’s Economy (Erin Banco and Asawin Suebsaeng, Daily Beast)

WNU Editor: The Iranian President wants more powers …. Iran’s Rouhani Seeks More Powers Amid U.S. ‘Economic War’ (Bloomberg).

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