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(Wall Street Journal) Benoit Faucon - Tehran is still choking from a reeling currency, inflation of more than 30% and shortages of water, fuel and medicine. But a steady flow of Western executives through here in recent weeks signals that economic detente with the rest of the world may be on the horizon. Businesses exploring the Iranian market "do so at their own peril right now," U.S. President Barack Obama said last month, "because we will come down on them like a ton of bricks." But that hasn't stopped companies from boosting their presence or sending in advance teams. 2014-03-28 00:00:00Full Article
As Iran Sanctions Ease, Western Firms Seek a Way In
(Wall Street Journal) Benoit Faucon - Tehran is still choking from a reeling currency, inflation of more than 30% and shortages of water, fuel and medicine. But a steady flow of Western executives through here in recent weeks signals that economic detente with the rest of the world may be on the horizon. Businesses exploring the Iranian market "do so at their own peril right now," U.S. President Barack Obama said last month, "because we will come down on them like a ton of bricks." But that hasn't stopped companies from boosting their presence or sending in advance teams. 2014-03-28 00:00:00Full Article
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