The Latest from Iran (28 January): Back to the Battle Within
Saturday, January 28, 2012 at 8:30See also Syria Video Special: Free Syrian Army Captures "Iranian Soldiers"
The Latest from Iran (27 January): Pilgrims and Soldiers
Ayatollah Mesbah Yazdi2235 GMT: Currency Watch. The Government may have taken measures to halt the slide of the Iranian currency, including the raising of interest rates and a single exchange rate, but key MP Ahmad Tavakoli is not satisfied.
Tavakoli, a cousin and ally of Speaker of Parliament Ali Larijani, has posted a detailed criticism on his website Alef, outlining Government mismanagement and claiming "incompetent officials, a lack of trust, and corruption". In addition to demanding trustworthy, effective personnel, he called for control of liquidity in the economy, a halt to the Government's subsidy cuts programme in the energy sector, and avoiding of measures contributing to inflation.
MP Mohammad Baqer Noubakht has echoed Tavakoli's complaints: "Straying cash is the economy's Achilles heel," as liquidity has increased five-fold in the last six years. He called for a halt to the second phase of the Ahmadinejad subsidy cuts.