Iran Economy News

Iran Economy News

Iran cancels barter deal for wheat

DAWN.com: Iran has scrapped its barter trade deal with Pakistan for purchase of one million tonnes of wheat. The first shipment of 30,000...
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Iran Economy News

US exempts EU nations from Iran oil sanctions

AP: The U.S. said Friday it was granting six-month sanctions exemptions to 10 European countries so they can restart imports of Iranian...
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Iran Economy News

Rupee’s plunge prompts refiner to embrace Iran: Corporate India helps

Bloomberg: India is increasing imports of crude oil from Iran as policy makers risk flouting U.S. trade sanctions in their scramble to halt...
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Iran Economy News

US: Iran can’t access much oil income

AP: The U.S. has concluded that nearly half of Iran's monthly earnings from crude oil exports are accumulating in accounts overseas because...
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Iran Economy News

Glencore trades with Iran even as competitors depart

Bloomberg: Glencore Xstrata Plc (GLEN), the largest publicly traded commodities supplier, is conducting business with Iran even as competitors abandon the country,...
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Iran Economy News

Apple eases restrictions on selling products headed to Iran

Wall Street Journal: Apple Inc. said it would begin selling devices to customers who plan to bring them to Iran, following an effort...
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Iran Economy News

China, India raise alumina sales to Iran after sanctions push others out

Reuters: Iran has hiked purchases of alumina from China and India in the past two months as the country scrambles to shore up...
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Iran Economy News

Iran to stop cash handouts to millions of citizens

Bloomberg: Iran will stop paying monthly cash handouts to citizens who don’t need the aid, Shargh reported today, citing a member of parliament....
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Latest news

Iran

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,...
General

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....
General

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...

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Iran

Political Prisoner Yahgoub Derakhshan Sentenced to Death for a Second Time

Yahgoub Derakhshan, a political prisoner and supporter of the...
Iran

Food Basket Share Reaches 71% of Iranian Workers’ Minimum Wage

Studies show that the cost of providing essential food...

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