Iran Protests Escalate: Internet Shut Down Amid Economic Crisis and Political Unrest

World
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CNBC TV18•12-01-2026, 20:34
Iran Protests Escalate: Internet Shut Down Amid Economic Crisis and Political Unrest
- •Nationwide protests in Iran are intensifying due to a failing economy, with the government shutting down internet and phone networks.
- •The rial currency is in free fall, trading at over 1.4 million to $1, exacerbated by UN sanctions and a war launched by Israel.
- •Iran's 'Axis of Resistance' has been significantly weakened following the Israel-Hamas war and regional conflicts.
- •Over 500 protests have occurred across all 31 provinces, with at least 544 deaths and over 10,600 arrests reported by Human Rights Activists News Agency.
- •The protests, initially economic, have broadened to include anti-government chants, fueled by long-standing anger and the 2022 death of Mahsa Amini.
Why It Matters: Iran faces widespread protests, economic collapse, and international pressure, leading to internet shutdowns and instability.
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