Tag:Iran Economy

Seven Million Hungry People in Iran

Hossein Raghfar, a state-affiliated economist, stated that currently around 10% of Iran’s population is suffering from malnutrition and hunger. He warned that if current...

Thousands of Oil Workers in Iran Demand Removal of Contractors and Equalization of Wages

More than three thousand contract workers at the South Pars Gas Complex gathered in front of the central building of the complex in Asaluyeh,...

Drug and Medical Equipment Prices Jump 70% in Iran

The news website Rouydad24 reported that the implementation of the so-called “Daroyar” plan and the removal of the 42,000-rial preferential exchange rate have led...

Iranian Regime’s Failure to Curb Inflation Fuels Economic Anxiety and Distrust

The state-run Mehr News Agency, citing data from Iran’s Statistical Center showing widespread food price hikes, reported that the failure of anti-inflation policies and...

The Domino Effect of Bankruptcies in Iran’s Banking Network: Only Nine Banks Are Not Bankrupt

Bank Ayandeh has been dissolved, and its 5.4 quadrillion rial (approximately 4.7 billion dollars) debt owed by Ali Ansari, along with its outstanding commitments,...

Mashhad Residents Burying Their Deceased in Villages Due to High Price of Graves

The state-run newspaper Shargh published a report on the sharp rise in grave prices in Mashhad, writing that residents of the city are burying...

Inflation Rate in Iran to Exceed 60% By the End of the Year

Statistics indicate that Iran’s year-on-year inflation rate is approaching 50%. An economist warned that if Masoud Pezeshkian’s government fails to control economic tensions, Iran...

Iranian Oil Discounts to China Reach Highest Level in Over a Year

Reuters reported that Iran’s oil discounts to China have reached their highest level in more than a year. As the United States, the United...

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Retirees Keep the Flame of Civil Protest Alive in Iran

Retirees in Iran are now forced to take to the streets in the scorching heat of summer and the...

United States Launches Major Attack on Iranian Regime Targets

U.S. Central Command (CENTCOM) says the latest strikes were a response to missile attacks by the Islamic Revolutionary Guard...

Iranian Regime Backs Down on Executions Over Ghezel Hesar Prison Hunger Strike

After 16 days of a widespread hunger strike by approximately 1,500 death row prisoners in Unit 2 of Ghezel...

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UK banks scrutinise partners for ties to Iran

Reuters: Banks in Britain are poring over relationships with...

Jailed Iranian opposition lawyer on hunger strike

AP: A prominent Iranian human rights lawyer has gone...