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Iran's Economy in Death Spiral as Businesses Close and Unemployment Soars

The Iranian economy is descending into a death spiral, with businesses closing, unemployment soaring, and food becoming increasingly unaffordable, according to the Wall Street Journal.

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Friday, 1 May 2026 at 23:39 UTC
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The Iranian economy is descending into a death spiral, with businesses closing, unemployment soaring, and food becoming increasingly unaffordable, according to the Wall Street Journal.
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