Iran Economy News

Rafsanjani urges Iran not to dismiss sanctions

AFP: Former president Akbar Hashemi Rafsanjani urged Iranian officials on Tuesday against dismissing international sanctions as "jokes," saying the Islamic republic was facing its...

South Korea’s Kia halts exports to Iran

AFP: South Korea's Kia Motors, whose Pride model is ubiquitous on Iranian roads, said Tuesday it had suspended exports to the Islamic state partly...

Iran’s Rafsanjani chides Ahmadinejad over sanctions

Reuters: Veteran Iranian politician Akbar Hashemi Rafsanjani criticised President Mahmoud Ahmadinejad on Tuesday for failing to counter the impact of sanctions -- the latest...

Iran plans to boost exploration in border areas, ministry says

Bloomberg: Iran plans to set up four drilling platforms in border regions to accelerate oil exploration, the Oil Ministry said on its news website...

German gas giant Linde will pull out of Iran

AFP: The German industrial gas giant Linde said Friday that it would soon halt business operations in Iran owing to economic sanctions against the...

Iran bans imports of 49 agriculture products, Donya reports

Bloomberg: Iran’s Agriculture Ministry banned the import of 49 agriculture products, Donya-e-Eqtesad reported. By Ladane Nasseri Sept. 9 (Bloomberg) -- Iran’s...

Iran’s Khamenei vows to circumvent nuclear sanctions

AFP: Iran will circumvent international sanctions aimed at halting its controversial nuclear programme, supreme leader Ayatollah Ali Khamenei vowed on Tuesday. ...

South Korea imposes new wave of Iran sanctions

Reuters: South Korea blacklisted on Wednesday 102 companies, including the Seoul branch of Iran's Bank Mellat, and 24 individuals accused of facilitating Iran's efforts...

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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,...

Corruption in Iran’s Ports Reaches the Regime’s Parliament

The corruption case in Iran’s ports has once again become one of the controversial issues in the regime’s parliament....

Heavy Collapse in Iranian Workers’ Purchasing Power Over the Past 10 Years

In recent years, and particularly in the months following the recent war, workers’ “real wages” in Iran have experienced...

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Sharp Decline in the Value of the Iranian Rial Against the U.S. Dollar

The decline in the value of the rial in...

Widespread security arrests by the Iranian regime in various cities

The Iranian regime's Ministry of Intelligence announced the arrest...

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Six powers to discuss Iran in a few days: US

AFP: The six powers trying to scale back Iran's...

Blair says Iran has breached its international obligations

Iran Focus: London, Feb. 02 – British Prime Minister...

Israel’s Peres says no to military option on Iran

AFP: Israeli President Shimon Peres said on Thursday that...