Iran - Poverty, Iranian girl plays violin in streets for living
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Iran - Poverty, Iranian girl plays violin in streets for living - Video
Islamist Iran - Christopher Hitchens
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Islamist Iran - Christopher Hitchens - Video
Irans economy expanded 4 percent in the six months from March 21, President Hassan Rouhani said today, in a return to growth following two years of recession.
In the 16 months since it came to power, the government has also curtailed inflation from 40 percent down to 17 percent, Rouhani said in a speech in the eastern city of Birjand, according to the Iranian Students News Agency. Economic revival has begun.
Efforts to secure a deal with world powers over the Islamic Republics nuclear program have won Iran some relief from economic sanctions, though talks on a permanent deal have been extended until July amid major differences. A 45-percent plunge in the price of crude this year threatens to slash oil revenues that account for the bulk of government spending.
Rouhani today blamed plots by nations he didnt name for driving down the price of crude. Oil wont remain at this level, he said. Our future is bright.
The government, which based its current budget on the assumption oil would sell for $100 a barrel, is basing its spending plan for the next financial year on an average of $72. Brent crude was trading at $60.71 at 2:05 p.m. in Dubai.
The International Monetary Fund expects Irans economy to expand 1.5 percent in 2014 after shrinking 5.6 percent and 1.7 percent in the previous two years respectively, according to estimates in April, before crudes slide. The IMF predicted growth of 2.2 percent in 2015.
To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net
To contact the editors responsible for this story: Alaa Shahine at asalha@bloomberg.net Mark Williams, Amy Teibel
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Iran Exits Recession With 4% Growth in Six Months, Rouhani Says
According to Irans state-run Mehr News Agency, Iranian scientists have developed a radar that can detect explosives, narcotics and even drug addicts from almost a mile away.
The devices inventor, Seyed Ali Hosseini, told the state news service this week that the radar tracker was designed and built to detect drugs, explosives, bodies alive and dead under the rubble, addictive drugs and alcoholic beverages.
The device could detect drug addicts from a distance of 1500 meters and determine the degree of addiction inside their bodies, reports Mehr news agency.
The article, which despite its brevity is a surreal read, quotes Hosseini, who it says works for a "knowledge-based company" explaining the science behind the enterprise:
The transmitter part consists of radio waves and radio magnets emitting waves across the earth and stimulates elements' molecular layer and releases their ions. The receiver detects ions as well as the molecular layer then transfers waves back to the target to detect their essence.
Iranian authorities like to trumpet the countrys scientific accomplishments, even when they appear more than a bit dubious.
The Islamic Republics guardians of moral probity also champion their efforts to curb drug addiction and trafficking. The country has hundreds of accused drug traffickers on death row.Iran is one of the world's leading practitioners of capital punishment; Iran, Iraq andSaudi Arabia accounted for almost 80 percent of the world's executions in 2013.
But it's not clear if this new radar will add to the ranks of alleged criminals awaiting such a fate. The article does not indicate when Hosseini's invention will be deployed for official use.
Ishaan Tharoor writes about foreign affairs for The Washington Post. He previously was a senior editor at TIME, based first in Hong Kong and later in New York.
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WorldViews: Iran says it has a machine that can detect a drug addict from a mile away
Turkish FM: Sanctions on Iran wrong
Iran and Turkey say they #39;ll consult on finding a solution to the conflict in Syria. Turkish Foreign Minister Mev-lut Chavush-Oglu is currently visiting Tehra...
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Turkish FM: Sanctions on Iran wrong - Video