Islamic Republic of Iran

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جمهوری اسلامی ایران
Flag of Islamic Republic of Iran
Flag
Motto: Independence, Freedom, Islamic Republic
Capital
and largest city
Tehran
Official languagesPersian
Religion
Islam
GovernmentCapitalist presidential republic
• Leader[1]
Great Ayatollah Sayyid Ali Khamenei
• President
Dr. Hassan Rohani
• Vice President
Eshaq Jahangiri
• Speaker of the Islamic Consultative Assembly
Mohammad Ghalibaf
History
1979 Feb 12th
Area
• Total
1,648,195 km²
Population
• 2017 estimate
79,926,270
CurrencyIranian Rial


The Islamic Republic of Iran, also called Persia[2] and Iran, is a country in Western Asia. It is the second-largest country in the Middle East, and its capital and largest city is Tehran.

Iran's geography makes it geo-strategically important for the modern global oil markets, as it is the northern coast of the Straight of Hormuz which is a maritime chokepoint through which a third of the world's liquefied natural gas and a quarter of global oil trade passes through.

Iran's economy is dominated by state-owned enterprises, which make up 60% of the total GDP.

A unique feature of Iran's economy is the presence of large religious foundations called Bonyad, whose combined budgets represent more than 30 percent of central government spending.[3]

Historically, Iran has had ties with the Black liberation movement and the Nation of Islam.[4]

History

Iran is home to one of the world's oldest civilizations,[5][6] beginning with the formation of the Elamite kingdoms in the fourth millennium BC.

In 1953, the CIA overthrew democratically elected prime minister Mohammad Mossaddegh after he threatened to nationalize the oil industry, which would decrease profits for British companies.[7] After the coup, Mossaddegh was replaced by the autocrat Mohammad Reza Pahlavi.

After the 1979 Iranian revolution, the Bonyads were nationalized and renamed with the declared intention of redistributing income to the poor and families of martyrs.[8]

The modern Government of Iran is an Islamic republic which includes elements of a presidential democracy, which was installed by a popular revolution against the US-backed Monarchy of the Shah.

In January 2020, General Qasem Soleimani was assassinated by the United States with a drone strike.[9]

References

  1. Bonyad-e Mostazafan va Janbazan Oppressed and Disabled Veterans Foundation (MJF). Globalsecurity.org. Retrieved February 6, 2011.
  2. The Nation of Islamic Republic of Iran with Setareh Sadeqi on Historic.ly podcast by Esha Krishnaswamy and Robert Grannies - Aug 22
  3. Scott A. Koch (1998). THE CENTRAL INTELLIGENCE AGENCY AND THE FALL OF IRANIAN PRIME MINISTER MOHAMMED MOSSADEQ, AUGUST 1953. [PDF] Washington, DC: Central Intelligence Agency.
  4. https://www.mei.edu/publications/iranian-para-governmental-organizations-bonyads
  5. Tom O'Connor, James Laporta (2020-01-02). "Iraq Militia Officials, Iran's Quds Force Head Killed in U.S. Drone Strike" Newsweek. Archived from the original on 2020-01-03. Retrieved 2022-01-03.