Iran Economy News

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...

Iran delays phasing out gasoline subsidies

Reuters: Iran has delayed phasing out gasoline subsidies in what analysts say may be a sign of President Mahmoud Ahmadinejad's anxiety to avoid igniting...

Latest news

Intense Rainfall and Floods Damage Dozens of Cities Across Iran

Heavy rainfall has again led to flooding in dozens of cities across Iran, damaging residential homes and agricultural lands....

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN America, shows that Iran continues to be the world’s second-largest...

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of the U.S. National Intelligence Agency, told a Senate Armed Services...

Must read

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry...

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN...

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