Iran Economy News

Corruption in Iran: 110 Million Dirhams Have Been Lost in Parsian Bank

By Pooya Stone Iranian banks are notorious for corruption. During the seventh hearing of the Tehran Court on corruption allegations at Mellat and Parsian...

IRAN – Caspian Water Transfer: For Public Service or Plunder?

By Jubin Katiraie The unclearness in the Caspian Sea Water Transmission Project to the Iranian province of Semnan and the Iranian government’s insistence on...

Italy Bans Iran’s Mahan Air

By Pooya Stone Italy will ban flights by Iranian airline Mahan Air from mid-December, according to Iranian state media on Saturday. ...

U.S. State Department Announces New Sanctions on Iran

By Pooya Stone The United States State Department announced Thursday that it has imposed sanctions on Iran's construction sector and the transfer of four...

Iran’s Pharmaceutical Crisis Is Not a Result of US Sanctions

By Pooya Stone The Iranian government has previously complained that the US sanctions it is under have caused major problems with regards to the...

The US and Six Gulf Nations Sanction Businesses and Individuals Supporting Iran’s IRGC and Hezbollah

By Jubin Katiraie The United States and six Gulf states sanctioned businesses and individuals working for Iran’s Islamic Revolutionary Guards Corps (IRGC) and Lebanese...

Water Crisis Is Crushing Iran’s Industry

By Pooya Stone The water crisis in Iran refers to the problems which are due to water scarcity in Iran. Water scarcity can be...

Iran: $194.60 per Barrel of Oil Needed to Balance the Budget Next Year

By Jubin Katiraie The International Monetary Fund (IMF) on Monday came out with its breakeven analysis for crude prices and Iran. The global organization...

Latest news

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Ali Khamenei’s Corpse and the Spectacle of a Dictator’s Burial

The project of burying Ali Khamenei has long been a subject of discussion among the leaders of Iran's regime....

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and Washington have once again become public. While some media outlets...

Must read

The Gallows: The Real Story of Iran Behind the Oslo Ceremony

In an article published on June 8, the Norwegian...

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and...

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NY university urged to cancel Ahmadinejad speech

Reuters: Columbia University was urged on Thursday to withdraw...

A new sign of distress as Iran’s currency falls

Los Angeles Times: While the value of the rial...