Posts Tagged: Iranian economy

Iran Poll Contains Different Messages for Biden and Raisi
“It’s the economy, stupid.” That is the message of a just-published survey of Iranian public opinion. However, the substance of the message differs for newly elected hard-line...

Is Iran Leaving Syria?
If you are Iran, it seems, 2020 is not your year. Aside from the devastation of the coronavirus, Iraq closed its 1,000-mile southern border with Iran...

Iran Outlines Budget to Resist US Sanctions as Oil Exports Plunge
Iran's president presented a draft state budget of about $39 billion to parliament on Sunday, saying it was designed to resist US sanctions by limiting...

Iran’s Economy to Shrink 9.5 Percent This Year Amid Tighter US Sanctions, Says IMF
Iran's economy is expected to shrink by 9.5 percent this year, the International Monetary Fund (IMF) said, down from a previous estimate of a six...

Iran Merging Military-Linked Banks to Stabilize Sector
Iran is merging four military-linked banks and another financial institution with the country's oldest bank to boost efficiency and help stabilize the sector, the central...

Iranian Jobs Go as US Sanctions Start to Bite
Tamnoush, an Iranian company that makes fizzy drinks, has shut down its production line after 16 years and laid off dozens of workers. It was...

Pompeo: Iranian Economy Will ‘Crumble’ Under Newly Imposed US Sanctions
JNS.org - The Iranian economy will “crumble” under the newly reimposed US sanctions that were lifted under the 2015 Iran nuclear deal that America withdrew from...

Iranian Tanker Discharges Oil Into Storage in China Ahead of US Sanctions
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on...

‘No Progress’ on Financing of Russia-Iran Wheat Deal
Plans for a deal under which Russia and Kazakhstan are to supply wheat to Iran have stalled as "no progress" has been made in its financing, the...

Iran’s Khamenei Tells Rouhani, Ministers, to Solve Economic Problems
Iranian lawmakers launched impeachment proceedings against the education minister on Wednesday, stepping up pressure on President Hassan Rouhani who is under attack from parliament over...

Iranian Parliament Removes Finance Minister From Office
Iran's parliament sacked the minister of economic affairs and finance on Sunday, state media said, amid a sharp fall in the rial currency and a...

Iran’s Khamenei Rejects Trump Offer of Talks, Chides Government Over Economy
Iranian Ayatollah Ali Khamenei on Monday rejected US President Donald Trump's offer of unconditional talks to improve bilateral ties and he also accused the Iranian government of...

Trump: Anyone Doing Business With Iran Will Not Do So With US
US President Donald Trump pledged on Monday that firms doing business with Tehran would be barred from the United States as new American sanctions against Iran took...

Iran Currency Extends Record Fall as US Sanctions Loom
Iran's currency hit a new record low on Sunday, dropping past 100,000 rials to the US dollar as Iranians brace for Aug. 7 when Washington is...