Iran Archive

Editor’s Note: Every Wednesday, WPR contributor Lavender Au and Newsletter and Engagement Editor Benjamin Wilhelm curate the week’s top news and expert analysis on China. In a further round of sanctions last week, the U.S. blacklisted virtually all of Iran’s financial sector. Perhaps in anticipation, Iran’s central bank announced that it had adopted the yuan, also known as the renminbi, as its main foreign reserve currency, replacing the U.S. dollar. With a 25-year strategic partnership with China under discussion, Iran will have a guaranteed market for its oil and gas exports, and with renminbi reserves, it will be able to […]

The Middle East is “a place that is both remarkably impervious to change…and at the same time always sort of on the verge of an explosion, where you always think that something quite catastrophic could happen,” says Robert Malley, president and CEO of International Crisis Group and a former special adviser on the region to former President Barack Obama. This volatility grows out of the tension between popular demands for greater responsiveness and accountability from governments, especially since the 2011 uprisings, and the “sclerotic nature…of the Middle East system,” Malley explains. “On the one hand, it’s the stagnation that leads […]