Prices soar, jobs vanish as war strangles Iran's economy
War with the US and Israel is inflicting severe economic damage on Iran, with prices skyrocketing, millions of jobs lost, and the rial plunging to a record low. A toxic mix of domestic mismanagement, infrastructure strikes, US sanctions, and a near-total internet shutdown is strangling the economy. The minimum wage, even after a 60% hike, is less than $92 a month, while basic goods grow ever more unaffordable.