Iranians walk through the main bazaar in Tehran in January. Sanctions by the EU and U.S., plus political woes related to the Syrian uprising, have created the most serious crisis faced by Tehran since the 1980s.
Credit Vahid Salemi / AP
Iranian President Mahmoud Ahmadinejad (left) greets Syrian Foreign Minister Walid al-Muallem in the presidential palace in Tehran on July 29, in this official handout photo. The war in Syria threatens Iran's only ally in the Arab world.
Iran appears to be facing a crisis more serious than anything it has experienced since its war with Iraq in the 1980s.
Diplomatically, President Bashar Assad's regime is under threat from the widening war in Syria, Iran's sole ally in the Arab world. Domestically, the European oil embargo and U.S. banking sanctions are undermining the Iranian economy, bringing inflation, food shortages and unemployment.
Iran is trying to maintain a defiant posture, without much success.
Originally published on Wed August 15, 2012 1:58 pm
An experimental aircraft that designers hoped would hit 3,600 mph in a test flight over the Pacific on Tuesday "suffered a control failure" and failed in its attempt to go hypersonic, The Associated Press writes.
According to the Center for Responsive Politics, the 2012 presidential and congressional elections will be the most expensive on record, at an estimated cost of nearly $6 billion. Federal Election Commission Chairman Michael Toner says politicians should spend even more.