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Rahul Tandon

👤 Speaker
176 total appearances

Appearances Over Time

Podcast Appearances

Business Daily
Iran’s economy: Counting the cost of war

Because that's going to have a huge impact, isn't it, on small businesses who use social media, but not just them, to all sectors of the economy, even the banking system.

Business Daily
Iran’s economy: Counting the cost of war

So we've identified the economic challenges that are now facing Iran, and they will increase if this ceasefire does not hold.

Business Daily
Iran’s economy: Counting the cost of war

But Iranians have been facing economic challenges way before this war started.

Business Daily
Iran’s economy: Counting the cost of war

That is because of the impacts of sanctions and now the added pressure of a potential blockade restricting trade and oil exports.

Business Daily
Iran’s economy: Counting the cost of war

Let's hear some more messages from Iran that have been coming into our Persian service.

Business Daily
Iran’s economy: Counting the cost of war

You get a sense there of how difficult life is economically for so many people there.

Business Daily
Iran’s economy: Counting the cost of war

So how is Iran going to rebuild its economy when this war ends?

Business Daily
Iran’s economy: Counting the cost of war

Here's Esfandia once again.

Business Daily
Iran’s economy: Counting the cost of war

He believes that it can only be achieved if sanctions are removed.

Business Daily
Iran’s economy: Counting the cost of war

So do you think that the Iranian authorities are looking at the economy and thinking...

Business Daily
Iran’s economy: Counting the cost of war

Right.

Business Daily
Iran’s economy: Counting the cost of war

We need to have the sanctions removed if we want to rebuild, but also we need to generate some revenue from somewhere.

Business Daily
Iran’s economy: Counting the cost of war

So that's why they want to control the Straits of Hormuz and also why they want to tax ships travelling through it.

Business Daily
Iran’s economy: Counting the cost of war

This is a very fluid situation.

Business Daily
Iran’s economy: Counting the cost of war

We don't know what's going to happen next.

Business Daily
Iran’s economy: Counting the cost of war

We don't know if sanctions relief is going to come.

Business Daily
Iran’s economy: Counting the cost of war

But even if it does...

Business Daily
Iran’s economy: Counting the cost of war

As we heard earlier in this edition, Iran needs at least $100 billion to rebuild from this war, could be a lot more than that.

Business Daily
Iran’s economy: Counting the cost of war

Where is that money going to come from?

Business Daily
Iran’s economy: Counting the cost of war

And I suppose a final key question for you is, if the Iranian authorities cannot get this economy back on track, and we've already seen this year huge protests, haven't we, on the streets, and we know that the bazaaris, the influential traders in Tehran, are extremely upset by the economic situation that they're facing.