11192018Mon

Increased food prices in Iran

Iran Focus

London, 15 Nov - The price of food has increased by almost 50% in Iran reports Tasnim News Agency, affiliated with the Islamic Revolutionary Guards Corps (IRGC). Tasnim also cited Iran’s Statistical Center, who said that the inflation rate for food, beverages, and tobacco grew by 11.4% compared to the previous month and put the current inflation rate of food at 47.5%.

Price of real estate in Tehran

Iran Focus

London, 9 Nov - Real estate prices in Iran have risen 83.5% in the past year, according to a report released by the Central Bank of Iran (CBI) in early November.

The CBI said that house prices in Tehran are based on the benchmark of 86,100,000 rials per square meter of built-in area in October 2018. That’s $575 based on the global exchange rate as sellers can’t get dollars based on the government’s artificial exchange rate.

Iran market

Iran Focus

London, 3 Nov - On Wednesday, economic expert close to Iran, Davoud Mirzaie, said that as the country’s currency, the rial, continues to plummet, Iran’s workers have lost 80 percent of their purchasing power.

In an interview with the state-run ISNA news agency, Mirzaie continued. “The 19.5 percent wage increase has not shown itself in the workers’ lives, meaning the value of their wages in March 2018 is far below its value in March 2016. In other words, the workers’ purchasing power has decreased between 50 to 80 percent. This is causing numerous problems for the families of the country’s workers.” He added, “Such conditions have left the workers unable in providing for their basic needs. Therefore, labor unions have time and again called on the Ministry of Labor to see into this issue. Unfortunately, this remained unresolved.”

SWIFT

Iran Focus

London, 8 Nov - The intergovernmental body that promotes international anti-money laundering and counter-terrorism financing standards will not call on its members to apply countermeasures against Iran, the Financial Action Task Force decided at its October meeting. The organization encouraged countries to watch over Iranian transactions without terminating certain types of banking networks with Iran.

In essence, this decision gives Iran an additional four months to enact anti-money laundering reforms that are in line with international standards. It also gives the European Union that much more political sway as it attempts to salvage the nuclear deal with Iran.

iran-economy

Iran Focus

London, 31 Oct - Iran’s economy continues to plummet, which has led to a growing economic crisis — unprecedented rates of unemployment, poverty, and inequality plague the country.

On May 5th, state-run Eqtesad website published a story titled “Broken backs under the weight of unemployment” that said, “Two-thirds of the Iranian people live under the poverty line! Maybe this statistic has not been written anywhere but it is a sad truth that rarely any official dares to reveal.”

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Iran: Ahvaz Steel Workers on Strike for 5th Day

Iran Sugarcane Workers Protest Unpaid Wages on 10th Day of Strike

Iran. November, 2018. Eleventh Day of Truckers’ Nationwide Strike

Iran. July 24, 2018. New Round of Truck Drivers’ Nationwide Strike

Iran. November, 2018. Protest Gathering of Ahvaz Alloyed Steel National Group Workers

Yasuj, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Torbat-E Jam, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Yazd, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Iran, Tehran – Anti-Regime Chants in Protest, June 25

Iran, Tehran – Major Protest With Chants of ‘We Will Fight, We Will Die, but We’ll Take Back Iran’

Iran, Tehran – Chants of ‘Death to the Dictator’, June 25

Iran, Tehran – Clashes Between People and Security Forces, June 25

Iran, Tehran – People Defend Themselves in Protest, June 25

North Khorasan Province, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Yazd, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Bandar Abbas, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Pasargadae, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Iran-Bandar Lengeh, May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Iran-Isfahan, May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Iran,Isfahan, Apr. 10, 2018. Farmers' Protest Rally Continues

Iran,Isfahan, Apr. 10, 2018. Farmers Stage Major Protest Gathering in Khourasgan Square

Iran – the Portrait of Khamenei and Khomeini Was Set on Fire

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