asdasdasdasdasdasdasdasdasdasd
All tagged TSE
◢ For over a year, European governments have been struggling to determine how they can create a financing facility for projects in Iran. But what if it is a mistake to focus on “external” finance? One underreported effect of Iran’s currency crisis has been the rapid expansion of liquidity in the market. In this environment, a local currency bond offered by a European-owned, Iranian-registered development bank would be highly appealing.
◢ Morteza Lotfi, the newly appointed head of SHASTA has recently announced a new effort for SHASTA to divest from a large portion of its portfolio, offering a second chance at the privatizations pursued a decade ago.
◢ But political barriers and a dearth of capital, particularly from foreign investors, risks rendering SHASTA's plan dead on arrival as Iran seeks to liberalize without crucial liquidity.
