Iran's Economic Crisis Sparks Widespread Unrest
IranWed Dec 31 2025
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Iran is facing a serious economic crisis. The value of the Iranian rial has dropped sharply. One US dollar is now worth 1. 45 million rials, compared to 820, 000 rials a year ago. This means the average Iranian worker's monthly wage is worth just over $100. Basic food and supplies are eating up entire paychecks.
Protests have spread across the country. They started with shopkeepers and bazaar merchants but quickly turned into political demonstrations. People are chanting slogans like "Death to the dictator! " and "Woman, Life, Freedom. " These protests are not just about the economy. They show deep dissatisfaction with the Iranian regime.
The bazaar, a historic economic and political hub, is at the center of these protests. Traditionally, the bazaar has supported the regime. But now, even the conservative backbone of the Islamic Republic is feeling the economic pain. The government's proposed budget for 2026 includes a 62% tax hike, which many see as robbery.
The crisis is affecting everyone, not just the poor. The middle class is also struggling. Savings are worthless, food and medicine are scarce, and basic services like water and electricity are unreliable. People are fed up and ready to take risks.
The regime is responding with violence. Security forces are using tear gas and shooting at peaceful demonstrators. This heavy-handed approach shows the regime's nervousness. It also highlights the regime's lack of political solutions.
The protests are not just about domestic issues. They also oppose Iran's foreign policy of supporting militias in Lebanon, Yemen, and Gaza. Many Iranians see this as a waste of resources that could be used to help their own people.
https://localnews.ai/article/irans-economic-crisis-sparks-widespread-unrest-4ca225be
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