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Economy

IMF Says U.S. Sanctions Have Pushed Iran’s Economy Into Recession

RFL/RE - The International Monetary Fund (IMF) estimates that Iran's economy fell into a recession this year that will get…

Iranian Workers Have Lost 90 Percent Of Their Purchasing Power

Radiofarda - Iranian workers have lost 90% of their purchasing power, says the chairman of the Supreme Center of Council's…

Employees Of Khomeini Hospital Sell Their Kidneys To Survive

Iran-HRM - Employees of Khomeini Hospital sell their kidneys to survive (more…)

Will EU’s ‘SPV’ be able to sustain Iran trade, investment?

Al-Monitor - On the sidelines of the UN General Assembly in New York, European Union foreign policy chief Federica Mogherini…

Iranians: Dollars Still Expensive as Currency Recovery Stalls

VOA - A sharp recovery of Iran’s currency against the dollar stalled Wednesday, as some Iranians complained that they could…

Iranians mob money changers to sell dollars as rial jumps

Al-Monitor - After months of steep falls in value, the Iranian rial enjoyed a massive rebound Oct. 1-2, rallying 30%…

Iran Economists Warn About Forex Policy Leading to ‘Catastrophe’

Radiofarda - Despite reports that the value of the Iranian rial is rising, fifty Iranian economists have called on the…

How the Rouhani administration can contain excess liquidity

Al-Monitor - Inflation is quickly rising in Iran on the back of a continuous and uncontrollable growth of liquidity. Two basic factors explain the…

Housing Cost In Tehran Skyrockets As People Measure Value In US Dollars

Radiofarda - The average house price in Tehran has had a 74 percent jump during just one year since September…

China’s Sinopec Halves Iran Oil Loadings Under U.S. Pressure -Sources

Radiofarda - China's Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes…