Business Abhors A Vacuum
With sanctions on Iran lifted, businesses are battling for a piece of the action in the cash-rich economy of Iran
Tehran used to have a Bobby Sands Street, but it’s gone now. Before it was named for an Irish hunger striker, it was called after a British prime minister. One side of what was once Churchill Street is taken up by the western wall of the vast British embassy complex. In 1981, as British-Iranian relations languished in the mire after the revolution which ended the rule of the western-backed Shah the Tehran authorities changed the name. The ambassador’s mail would also have to be addressed to a provo icon. Now, it’s called Babisandz Street. At some point, scoring points on the British became less important than having to deal with this unwieldy foreign name. Day-to-day life, not revolutionary grudge, became the priority. That means business.
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