Marketplace Morning Report Frustrations over state of Iran’s economy
Dec 30, 2025
In Tehran, shopkeepers are protesting against soaring inflation over 40% and a rapidly devaluing currency. This economic turmoil is leading to widespread public dissent and government changes. Meanwhile, a cyberattack on Jaguar Land Rover has exposed vulnerabilities in the global auto supply chain, causing significant production halts. South Korea is cracking down on unfair business practices to protect small enterprises affected by the economic pressures. Experts discuss how interconnected global markets make economies susceptible to such disruptions.
AI Snips
Chapters
Transcript
Episode notes
Economic Pain Driving Street Protests
- Iran's annual inflation tops 40% and the currency has lost roughly half its value in a year.
- Journalist Arash Azizi says this erodes savings and links many livelihoods directly to foreign currency exposure.
Policy Change Amid Deep Dissent
- Iran's government changed its central bank governor amid the currency crisis to try to stabilise markets.
- Arash Azizi notes deep-seated dissent as merchants and core constituencies lose faith in the regime.
JLR Hack Paralyzed Suppliers
- Jaguar Land Rover was hit by a late-August hack that halted production for more than five weeks.
- Suppliers like Evtech stacked undelivered parts and had to send workers home until production resumed.