Iranian authorities have arrested a controversial billionaire on suspicion of financial crimes. It's the latest blow for Babak Zanjani, who is accused by the West of busting international economic sanctions on Iran.
A recent pronouncement by Iran's supreme leader, Ayatollah Ali Khamenei, appears to have settled a long-standing row between President Mahmud Ahmadinejad's government and parliament on how to reduce and gradually eliminate government subsidies of basic goods and services.