Iran Economy News

Iran Economy News

Iran’s Sketchy Bank Merger

By Mehdi Five banks and financial institutions affiliated with the Iranian military, some suffering with accrued losses, are to be merged into Bank Sepah,...
Mehdi Hosseini -
Iran Economy News

Iran Concentrates on Trade With China

By Pooya Stone Iran is in a very difficult position because of the pressure stemming from U.S. sanctions. The U.S. State Department has said...
Pooya Stone -
Iran Economy News

Iranian Currency Drops Against Dollar Ahead of FATF Deadline

Iran Focus London, 19 Feb - The Iranian rial is dropping sharply in value against the US dollar this week, with the cost of...
Staff Writer -
Iran Economy News

Iranian Judiciary Chief Rejects INSTEX

Iran Focus London, 7 Feb - Iranian judiciary chief Sadeq Larijani said that the Iranian regime will not accept the new European initiative for trade...
Staff Writer -
Iran Economy News

Rouhani Blames Iran Economic Crisis on US

Iran Focus London, 31 Jan - Iranian president Hassan Rouhani has blamed the current economic crisis besieging the Gulf state on the US, citing...
Staff Writer -
Iran Economy News

EU Still Trying to Set up Special Purpose Vehicle to Evade US Sanctions on Iran

Iran Focus London, 30 Jan - German Foreign Minister Heiko Maas said the European Union was launching a special purpose vehicle (SPV) in order...
Staff Writer -
Iran Economy News

Iran Cannot Save Its Banking Sector

Iran Focus London, 22 Jan - There is little chance of Iran being able to save its damaged banking sector as US sanctions really...
Staff Writer -
Iran Economy News

No More Waivers for Iran’s Oil Buyers

Iran Focus London, 15 Jan - In its efforts to intensify the pressure on Iran, the U.S. plans to grant no new waivers to...
Staff Writer -
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Iran

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari, an individual linked to a network of exchange houses and...
Iran

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that even if people could no longer afford meat, chicken, dairy...
Iran

U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday, July 10, that Washington has asked Iran's regime to formally...

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