Tag:Iran Economy

Iranian Workers Cannot Afford Even One Gram of Gold with Their Monthly Minimum Wage

The price of one gram of gold in Iran has increased by more than 11,600% in just one decade, reaching over 111.4 million rials...

Washington Sanctions 26 Companies Linked To Tehran, Including U.S. Chipmaker Subsidiaries

The U.S. government sanctioned more than 20 companies in China, Turkey, and the United Arab Emirates, including several subsidiaries of an American semiconductor manufacturer,...

$38 Billion In Export Revenues Have Not Yet Returned To Iran

According to official statistics over the past seven years, out of more than $169 billion in exports of refinery, petrochemical, and metal products, over...

Iran’s Regime on The Brink of Economic Collapse as Oil Sanctions Close In

Mohsen Paknejad, the oil minister of Iran’s regime, said: "The snapback does not add anything new to previous sanctions," referring to the UN sanctions...

Iranian Workers’ Wages Have Fallen By 261% In Less Than Ten Years

The state-run ILNA news agency reported that Iranian workers’ wages have experienced an unprecedented 261% decline in less than ten years. In its report on...

Building Owned By Iranian Regime Oil Company Seized in London

Iranian media have reported that the National Iranian Oil Company (NIOC) lost its appeal in court and failed to prevent the transfer of a...

Head Of Tehran Chamber of Guilds: 70% Of People’s Livelihoods Are Unaffected by International Events

The head of the Tehran Chamber of Guilds criticized the silence of regime leaders over rising prices, saying that up to 70% of the...

World Bank: Iran’s Economy Continues to Shrink

The World Bank has projected that Iran’s economy will contract by nearly 2% this year, with the shrinking trend expected to continue into next...

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Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on household livelihoods, the Statistical Center of the Iranian regime announced...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission of the Iranian regime's Majlis (parliament), described the country's drug...

Iran: Growing Demand for Installment Payment Plans for Medical Services

Amid rising prices and the deepening cost-of-living crisis in Iran, Eghtesad News website reported that installment payments are becoming...

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Iran deploys Russian-made submarine in Gulf

AP:  Tehran has deployed one of its Russian-made submarines...

Iran: Officials detained by US complain

AP: Iran's foreign ministry spokesman said Sunday that five...