Iran Economy News

Special report – Tracking Iran’s nuclear money trail to Turkey

Reuters: Turkey and other U.S. allies have been allowing Iranian banks with suspected links to Tehran's nuclear program to do business within their borders,...

Iran feels pain of sanctions-U.S. Treasury’s Levey

Reuters: Iran is struggling with international sanctions aimed at curbing its nuclear ambitions and pressure on its economy and banking sector is mounting, a...

Iran leader shrugs off effect of Western sanctions

AFP: Iran's economy is feeling no ill effects from the toughest Western sanctions yet and is in fact benefiting from them, Iranian President Mahmoud...

Iran c.bank to open accounts at South Korean banks

Reuters: Iran's central bank has agreed to open won accounts at two South Korean state-owned banks to avert disruption in bilateral trade despite international...

Turkey aims to triple Iran trade, despite international sanctions

Wall Street Journal: Turkey's Prime Minister Recep Tayyip Erdogan said Thursday that Ankara is seeking to triple trade volumes with Iran over the next...

Turkey’s PM tells businessmen to boost Iran trade

Reuters: Turkey wants to triple its trade volume with Iran within five years, Turkey's prime minister told businessmen on Thursday, at a time when...

Sanctions against Iran proving effective: France, US

AFP: International sanctions against Iran are bearing fruit and have sparked a "debate" inside Tehran's regime, French Defense Minister Herve Morin said Thursday during...

Hema, Iran Khodro say to sign 200 mln euro deal

Reuters: Iranian carmaker Iran Khodro and Turkey's Hema Endustri are set to sign a deal worth 200 million euro ($262 million) to build two...

Latest news

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on household livelihoods, the Statistical Center of the Iranian regime announced...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission of the Iranian regime's Majlis (parliament), described the country's drug...

Iran: Growing Demand for Installment Payment Plans for Medical Services

Amid rising prices and the deepening cost-of-living crisis in Iran, Eghtesad News website reported that installment payments are becoming...

Must read

Hunger Strike By 1,500 Death Row Prisoners in Ghezel Hesar Prison Marks 15th Day

The hunger strike by approximately 1,500 death row prisoners...

Why Bandar Abbas and Chabahar Have Become Central to Military Developments

In Iran, the southern ports occupy a position that...

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US ambassadors to boycott UN disarmament body over Iran role

AFP: United States ambassadors will boycott meetings of the...

Iran voters look to end hand-to-mouth daily grind

Reuters: When Reza finishes work at his military base...