Tuesday, January 7, 2025

Iran, still part of the Axis of Evil

Weakened Iran May Be Forced to Cut Deal With Trump

Trump has vowed to restore his maximum pressure campaign against Iran economically to keep it from becoming a nuclear superpower and vowed full support of Israel's right to defend itself against Iranian proxies in the Middle East.

Added to the specter of Trump's reelection, Iran has been experiencing a sinking economy. The Islamic Republic's currency is at a record low compared to the dollar, and its gross domestic product is down 45% since 2012, according to the Journal.

Iranian industry is struggling and producing at just 41% of capacity because of energy shortages in "a deep recession," according to Iranian Chamber of Commerce chief Mahmoud Najafi Arab.

Read about Iran still part of the Axis of Evil.

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