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Economy

Consumption Falls As Skyrocketing Prices Hit Iranian Food Security

RFL/RE - Iranians are consuming fewer fruits and vegetables as skyrocketing prices shake the country's food security.Ismail Moradian, the vice-president…

Petrochemical Workers Strike In Repeat Of Unfulfilled Demands As Labor Strife Roils Iran

RFL/RE - Workers on scaffolding projects in the oil, gas and petrochemical industries have joined in Iran's nationwide labor unrest,…

Crashes, Bankruptcy Litter Iran’s Runway For Passenger-Plane Production

RFL/RE - The last time Iran attempted to produce its own passenger planes to upgrade its aging commercial fleet, the…

Iran Bans Futures Trading in Foreign Currency and Gold

Iranwire - On June 16, Iran’s Economic Security Police announced that a ban on futures trading in foreign currency, gold…

Unrest In Iran Continues As Workers Strike Over Worsening Conditions

RFL/RE - Workers in the industrial town of Mahmoudabad in Isfahan continued their strike for a third consecutive day as…

Mohammad Hashemi: I Don’t Recall Ali Khamenei Living in a Storage Container

Iranwire -The brother of former president Akbar Hashemi Rafsanjani has cast doubt on a recent, wild claim by Iranian state…

Iran, Russia to establish trade centers

Al-Monitor - Iran and Russia signed a memorandum of understanding today concerning the establishment of mutual trade centers.  One center…

Iranian Institutions Facing Food Shortages As Prices Skyrocket

RFL/RE - Local media in Iran say public institutions such as hospital, prisons, and child-care centers are facing possible food…

US imposes sanctions on Iranian petrochemical network

Al-Monitor - If Iran and world powers fail to salvage the landmark nuclear agreement, the Biden administration warned Thursday that…

Iran-Africa relations an open field for terrorism growth

As Iran has been put under economic sanctions by the US and West, they have wasted no time in building…