Desperate to afford her daughter’s overseas university fees, 58-year-old retired Iranian teacher Maryam Hosseini withdrew all her savings from the bank to buy U.S. dollars. It was not enough. With three years of study still to do, her daughter is heading back home, her future now on hold. Hosseini’s tale of growing poverty is an increasingly familiar one among Iranians, who have long bought U.S. dollars to support their children financially or squirrel away savings. “My daughter has to bury her dream of studying abroad and she has to come back. I cannot afford it anymore,” Hosseini said. The cause of Hosseini’s ... (full story)