Iran Issues $300 Million in State Treasury Bills

Iran announced that it will issue $300 million in state treasury bills, an Iranian alternative to sovereign debt that is sharia-law compliant. The bills are being issued well below their market value for the time being and are seen as a means of gauging interest in the opening Iranian market. The Iranian government has previously…

Turkmenistan Between East and West: An Interview with Sebastien Peyrouse

We recently had the opportunity to sit down with Dr. Sebastien Peyrouse, Research Professor of International Affairs at the Elliott School of International Affairs, George Washington University. Dr. Peyrouse is an Associated Scholar with the Institute for International and Strategic Relations in Paris, France and has published widely on Central Asia, with an emphasis on Turkmenistan. He…

IAEA Visits Previously Inaccessible Iranian Nuclear Site

The IAEA recently visited Parchin, an Iranian military site which had been off limits for the past decade. The head of the agency lauded the Iranian government for what he described as significant progress in governmental cooperation with the IAEA. The UN watchdog also analyzed samples from the facility and “observed” recent renovations in the…

Moldova Confronts Currency, Graft Crises

The Moldovan central bank has intervened to prop up national currency leu at the urging of Moldovan Prime Minister Valeriu Strelet to “take all necessary measures” to slow a seven month decline in the leu’s value. The central bank has raised the national interest rate to 19.5 percent, a jump of two percent. Moldovan central…

Iran, China to Increase Commercial, Political Ties

Iranian and Chinese diplomats recently convened in Beijing to discuss increased cooperation across a number of political and economic sectors in the coming years. With the removal of sanctions looming, Iranian Foreign Minister Javad Zarif noted that the country would like to play host to a growing number of Chinese firms and attract Chinese investment…