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Iran arrests 16 in currency crisis
 
Iranians look on as a garbage can is set on fire in central Tehran on Wednesday, after the regime cracks down on black market currency trading.
Iranians look on as a garbage can is set on fire in central Tehran on Wednesday, after the regime cracks down on black market currency trading.
AP Photo

The Tehran Judiciary said Thursday that 16 people have been arrested for contributing to the currency crisis that is plaguing the country, and which caused protests in the streets on Wednesday. Demonstrators had been opposing President Mahmoud Ahmadinejad and decrying the skyrocketing costs of goods, as the Iranian currency, the rial, has plummeted to a historic low. The sharp decline in the rial is the result of international sanctions, imposed largely by the U.S. and the European Union in an effort to pressure Iran to sit down for talks on its nuclear program.

 

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