Iran Economy News

Iran’s Pharmaceutical And Infant Formula Reserves Will Last Less Than Two Months

Two members of the board of directors of the Iranian regime’s Pharmacists Association warned about the consequences of removing subsidized foreign currency for some...

Teachers, Retirees, And Workers Hold Protest Rallies in Cities Across Iran

Groups of teachers in Tehran, workers of the Mian-Ab agro-industrial complex, bakers in Ahvaz, workers of the Zareh-Shuran mine, dismissed workers of the Koushkan...

Workers And Nurses Hold Protest Rallies in Cities Across Iran

Simultaneously with labor and professional protests in three Iranian cities, four worker and retiree organizations issued a statement supporting the demands of thousands of...

$116 Billion In Export Earnings Has Not Returned To Iran Over Past Seven Years

Hossein Samsami, a member of the Economic Commission of the Iranian regime’s parliament (Majlis), citing non-oil export statistics, announced that from 2018 through December...

Sevenfold Increase in Medicine Prices in Iran

The head of the Association of Producers, Suppliers, Distributors, and Exporters of Medical and Pharmaceutical Equipment of Tehran Province reported a “sevenfold surge” in...

Labor Organizations Indicate that Iran’s Minimum Wage Next Year Must Be 600 Million Rials

Four labor organizations in Iran wrote in a joint statement, referring to rising inflation and the harsh living conditions of wage earners, that in...

Gasoline Price Increase Begins Across Iran

The three-tier gasoline pricing plan was implemented across Iran starting early Saturday, December 13. Under this plan, subsidized gasoline continues to be offered at...

The Iranian Rial Continues to Collapse Against the US Dollar

Amid the ongoing widespread economic crisis and the upward, record-breaking trend of foreign currency prices in Iran’s market, the price of each U.S. dollar...

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The United States and Arab Allies Sanction Five Entities and 16 Hezbollah Officials

The United States and the member states of the Terrorist Financing Targeting Center (TFTC) have imposed a new round...

Drug Crisis: Chemotherapy Costs in Iran Have Increased Tenfold

A new wave of drug price increases in Iran has catastrophically raised the cost of medical treatment. In one...

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

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Global Torture Index: Iran Is Among the World’s Highest-Risk Countries for Torture

The latest Global Torture Index identifies Iran as one...

The United States and Arab Allies Sanction Five Entities and 16 Hezbollah Officials

The United States and the member states of the...

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