Iran Economy News

Georgia says it froze Iranians’ accounts

Wall Street Journal: The Georgian government froze approximately 150 bank accounts tied to Iranian businesses and individuals in order to comply with United...

Mitsubishi-UFJ to pay $250 million to N.Y. regulator

Bloomberg: Bank of Tokyo Mitsubishi-UFJ agreed to pay $250 million to the state of New York to settle claims it transferred billions of...

As sanctions bite, Iranians invest big in Georgia

Wall Street Journal: Economic sanctions against Iran have made it increasingly hard for Iranians to do business abroad. But Iranian businessmen are flocking...

Economy not for donkeys as crisis tops Iran voter concerns

Bloomberg: Decades after Ayatollah Ruhollah Khomeini dismissed it as an asinine matter following the Islamic Revolution in 1979, fixing the worst economy...

Iran bazaar and clergy influence wanes after 1979

AFP: Iran's powerful bazaar merchants and Shiite clergy spearheaded the 1979 Islamic revolution, but their role on the country's political scene has...

Bankrupt Iran ‘plans drastic taxes to keep afloat’

AFP: Iran is bankrupt and the regime is mulling drastic measures to keep the economy afloat, an official from an opposition movement said...

Iran’s crude exports rise as China port blockages ease, IEA says

Bloomberg: Iran exported 66 percent more crude oil in May than in April, helped by an increase in purchases by China after congestion...

Iran’s sanction woes continue: shut out of Costco

Wall Street Journal: Economic sanctions have been working to strangle the Iranian economy, and now, the country's diplomats and overseas businesses are being...

Latest news

Iran: At Least 26 Prisoners Executed in One Week

The National Council of Resistance of Iran (NCRI) announced that between July 28 and August 3, at least 26...

The 132nd Week of the ‘No to Execution Tuesdays’ Campaign Across 59 Prisons

In the 132nd week of the "No to Execution Tuesdays" campaign, political prisoners in 59 prisons across Iran launched...

Iraq: Iranian Regime Violated Commitments Regarding Strait of Hormuz

As tensions over maritime security in the Persian Gulf and the Red Sea continue, Iraqi officials said negotiations with...

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Iraq: Iranian Regime Violated Commitments Regarding Strait of Hormuz

As tensions over maritime security in the Persian Gulf...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the...

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Unions around world to protest Iran’s treatment of bus workers

Washington Post: While the international community is locking horns...

Ahmadinejad meets British sailors as they are released

AFP: President Mahmoud Ahmadinejad on Wednesday met the 15...

Exclusive: Iran’s new ambassador to Iraq

Iran Focus: London, Jul. 26 - Iran's new ambassador...