Iran Economy News

Iran Economy News

Iran vows crackdown if merchants strike over cuts in subsidies

Bloomberg: Iran’s government vowed a crackdown against merchants in the nation’s bazaars, an economic force whose 1979 shutdowns helped to topple the monarchy, if...
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Iran Economy News

U.A.E. cuts off ties to Iran banks

Wall Street Journal: Banks in the United Arab Emirates have curtailed financial dealings with a handful of Iranian banks blacklisted by the U.S. Treasury,...
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Iran Economy News

Iran gasoline capacity to keep growing -report

Reuters: Iran is expanding one of its main refineries as part of a drive to rapidly increase gasoline production capacity, a refinery official said,...
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Iran Economy News

After currency crash, more worries for Iranian economy

Washington Post: President Mahmoud Ahmadinejad's government, already faced with growing opposition from competing political forces within Iran, is confronting new pressure brought on by...
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Iran Economy News

Rial rebounds against dollar in sanctions-hit Iran

AFP: Iran's rial rebounded against the dollar on Tuesday as banks in the Islamic republic offloaded the greenback to curb the local currency's recent...
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Iran Economy News

Iran’s rial stays fragile despite central bank move

Reuters: Iran's currency, the rial, defied central bank attempts to revive its value on Sunday, remaining weak after falling 13 percent against the dollar...
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Iran Economy News

Statoil eyes exit from Iran by 2012 or earlier

Reuters: Norwegian energy group Statoil said on Friday it would conclude work in Iran by 2012 at the latest and is now only providing...
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Iran Economy News

US hits Iranian energy firm with sanctions

AP: The Obama administration on Thursday slapped sanctions on a Swiss-based Iranian company involved in Iran's oil and gas sector and claimed success in...
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Latest news

Iran

Iranian Political Prisoners Mark 61st Anniversary of PMOI Resistance

As the People’s Mojahedin Organization of Iran (PMOI/MEK) approaches the 61st anniversary of its founding on September 6, a...
Iran

Iran’s Rial in Freefall, Putting Strain on People’s Livelihoods

The U.S. dollar exchange rate in Iran's free market has surpassed 2.8 million rials, while the official rate remains...
Iran

Iran’s Regime Rejects Retrial Request by Protester Sentenced to Death

On Wednesday, September 2, human rights media outlets reported the continued detention and interrogation of opponents of Iran's regime,...

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Iran

Price of Cement in Iran Rises 90% in Six Months

The head of the Association of Building Materials Sellers...
Iran

Iran’s Medicine Procurement and Production Faces Crisis and Liquidity Shortage

The procurement of medicine in Iran has become a...

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Texts of Rice’s remarks on Iran’s nuclear standoff

Iran Focus: London, Oct. 12 - United States Secretary...
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Iran General News

Iran officials slam US admiral’s attack plan remarks

AFP: Iranian officials lashed out on Tuesday at remarks...
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