Frustrations over state of Iran’s economy
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 30 December 2025
⏱️ 8 minutes
🧾️ Download transcript
Summary
From the BBC World Service: Annual inflation in Iran is running at more than 40%, and business owners are angry at the rapid devaluation of the nation's currency, in part due to the pressure of Western sanctions. In response, shopkeepers in the capital, Tehran, have been demonstrating for a third successive day. Plus, this year's hack at British carmaker Jaguar Land Rover showed just how vulnerable the global auto supply chain could be.
Transcript
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| 0:00.0 | Iran's store owners take to the streets in anger. Live from the UK, this is the Marketplace |
| 0:07.4 | Morning Report from the BBC World Service. I'm Gideon Long. Good morning. We're starting the |
| 0:13.5 | program in the Iranian capital Tehran. |
| 0:19.7 | That's the sound of shopkeepers demonstrating for a second successive day, |
| 0:24.3 | shouting Bisharaf, which means dishonourable in Persian. |
| 0:27.9 | A slogan they were directing at the government. |
| 0:30.2 | Annual inflation is running at over 40% and business owners are angry at the rapid devaluation of the currency, the real, |
| 0:38.7 | in part due to the pressure of Western sanctions. Arash Azizi is an Iranian journalist based in the US. |
| 0:44.2 | It has lost half of its value in the last year, but even if you go a little more, it's third |
| 0:48.5 | of what it was just like 18 months ago. So people lose their savings. They're really affected |
| 0:53.2 | because much of the things you |
| 0:54.8 | have to buy are linked to the international market in one way or the other. And many people deal |
| 0:59.6 | with foreign currency more directly. Their job is linked to it in one way or the other or they |
| 1:04.9 | have to buy commodities in the global market. So the fact that Iran is doing really bad and the |
| 1:09.8 | economy is in a terrible condition and people have really become widespread is somewhat a point of consensus now. |
| 1:16.5 | So how has the government responded? |
| 1:19.0 | The central bank governor of Iran is going to change now. There is hope that that would do something to the currency market. |
| 1:26.1 | The dissent in Iran is very deep-seated. |
| 1:28.6 | Iranians for so long have not been able to imagine a better future. |
| 1:31.7 | In the last year, they've had a terrible situation in water, in electricity. |
| 1:36.3 | There's been serious cuts. |
| 1:37.3 | There's been followed in the standards of living. |
... |
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