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...

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...

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

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry spokesman, Nasser Kanani, in a weekly press briefing, claimed that...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Must read

Iran Begins Spring with Shock in Food Prices

Figures in the most recent report by the Iranian...

International Monetary Fund: Iran Needs “$121 Oil” to Avoid Budget Deficit

The International Monetary Fund (IMF) states in its latest...

You might also likeRELATED
Recommended to you

Iranian-linked militants bombed Baghdad market: US military

AFP: A US military commander on Saturday accused Iranian-linked...

Photos: Thousands protest in Tehran – 1

Iran FocusTehran, Iran, Jul. 12 – Tens...

UAE closes firms violating Iran sanctions: report

AFP: The United Arab Emirates has closed down 40...