Iran's Economic Minister Gets Fired into Orbit as Currency Hits Rock Bottom
Key Points
- Iran's parliament ousted Economy Minister Abdolnaser Hemmati...
Just another day in Tehran where dropping a 500,000 rial note might cost you more in walking energy than the note's actual value. Iran's parliament decided their Economy Minister Abdolnaser Hemmati wasn't quite cutting it with his money magic tricks, voting him out faster than you can say "hyperinflation."
From Rials to Trials
In a stunning parliamentary showdown on March 2, 2025, 182 out of 273 lawmakers gave Hemmati the not-so-golden ticket home, leaving President Masoud Pezeshkian's six-month-old government scratching its head. Pezeshkian tried defending his minister by pointing at san...
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