Magazine content is available exclusively for TIME subscribers.IRAN: Survival
It was hardly an auspicious 59th birthday last week for the Shah of Iran. Under mounting opposition from critics of his regime, the Shah has been forced into a radical reassessment of his priorities. In recent weeks, strikes by workers angered over the country's inflation rate (currently 50%) have paralyzed the nationalized oil refineries, postal service, airline, and copper and steel industries. The nation's balance of payments deficit exceeds $5.5 billion. To pay for an across-the-board wage increase for at least 1 million workers, and for subsidized housing and other social...
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