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Economy

Price Hikes Put Iran’s Middle Class In Dire Straits

Iran-HRM - Rising consumer goods prices in less than six months has caused people especially the middle class to get…

Iran supreme leader urges currency boost amid months-long rial plunge

Al-Arabia - Iran’s Supreme Leader Ayatollah Ali Khamenei has “ordered” the central bank to boost the value of rial, the…

Iran’s Budget Troubles: Favoring The Privileged Insiders

Radiofarda - As the Iranian budget is submitted to parliament, few expect full clarity and transparency in the budget approval…

OPEC Yet To Agree Final Deal As Iran Seeks Exemptions

Reuters  - Saudi Arabia's energy minister said he wasn't confident OPEC would reach a deal on Friday to cut oil…

US sanctions accelerate Iran’s blockchain drive

Al-Monitor - Blockchain technologies, especially cryptocurrencies, have become a hot topic in Iran during the past few years, just as…

As Sanctions Take Effect, Loss Of Oil Revenue Hits Iran’s Budget

Radiofarda - The Iranian government has lost two thirds of its funding, according to statements from the head of the…

Foreigners Are ‘Looting’ Iranian Markets – Economist

Radiofarda -A prominent Iranian economist says selling essential goods to foreigners in Iran's border area markets is "looting" and should…

Khamenei orders controversial retirement law amended

Al-Monitor - The Iranian government implemented a new retirement law in September intended to abolish a decades-long practice of re-employing public sector managers already past…

Study: Iran runaway spending on defense outpaces even demands of hawks

Al-Arabia - A study by the prestigious London-based International Institute for Strategic Studies (IISS), an independent think tank, has revealed…

Ahvaz Workers Continue Protests, Calling Rulers ‘Thieves’

Radiofarda - Iran National Steel Industrial Group (INSIG) workers poured into the streets of Ahvaz on Monday and Tuesday protesting…