Iran Economy News

Iran Economy News

Iran’s parliament signs off on $508 billion budget based on oil price at $81.5 a barrel

AP: Iran’s parliament has signed off on a $508 billion budget bill that is about 40 percent bigger than that approved the previous calendar...
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Iran Economy News

Iran’s unemployed rise by 1.6 million each year, Shargh reports

Bloomberg: Iran’s unemployed population increases by about 1.6 million each year, Shargh reported, citing parliamentary member Jalal Mahmoudzadeh. Bloomberg By Ladane...
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Iran Economy News

Iran bases budget on oil around $81.50 per barrel

Reuters: Iran is basing the oil price for its 2011/12 budget at around $81.50 per barrel and expects the price of oil to pick...
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Iran Economy News

Analysis: U.S. leverage to crimp Iranian oil exports fades

Reuters: The United States may have missed its moment to apply more political pressure on governments to stop buying Iranian crude as rising fuel...
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Iran Economy News

Iran to merge oil, energy ministries -IRIB

Reuters: Iran will merge its oil and energy ministries, one of President Mahmoud Ahmadinejad's deputies told the state broadcaster on Wednesday, signalling a shake-up...
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Iran Economy News

Iran wheat consumption to drop with subsidies cut, Donya says

Bloomberg: Iran’s domestic wheat consumption is expected to drop to 6.4 million tons in the current Iranian year from 8.7 million the previous year,...
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Iran Economy News

Iran’s Revolutionary Guard awarded 2 giant natural gas projects

AP: A business consortium connected to Iran's powerful Revolutionary Guard was awarded without tender two giant natural gas development projects, a senior Iranian official...
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Iran Economy News

Bahrain traders call for Iran boycott over unrest

AFP: The Bahrain Chamber of Commerce has called for a complete boycott of trade with Iran to protest against Tehran's alleged fuelling of unrest...
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Iran

Iran’s Regime Executes Two More Protesters from the January Uprising

This morning, two more protesters were executed by Iran's regime. Mizan, the state-run news agency affiliated with the judiciary of...
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The Collapse of Iran’s Economic Resilience

The latest international reports show that the Iranian regime’s economy ranks near the bottom among 130 global economies. This...
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Iranian Nurses Protest Unpaid Outstanding Claims

On May 30, a group of nurses in Yazd Province held a protest rally outside the Governor-General's Office, demanding...

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The Collapse of Iran’s Economic Resilience

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