Poverty spikes in Iran as prices for essential goods rise

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An Iranian man counts banknotes after exchanging a gold coin for cash in Tehran on January 23, 2012. Gold coins were being exchanged for over 10,000,000 rials as the Iranian currency continued to lose value against the US dollar. Top European Union diplomats are meeting in Brussels to tighten existing sanctions on Iran by banning imports of Iranian crude as well as targeting finance, petrochemicals and gold to pressure the country. AFP PHOTO/ATTA KENARE (Photo credit should read ATTA KENARE/AFP/Getty Images

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Poverty spikes in Iran as prices for essential goods rise

Subscribe for less than $9/month to access this story and all Al-Monitor reporting.