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Economy

Home Appliances Sales Fall in Iran

Radiofarda - The chairman of the Iranian Home Appliances Trade Union, Akbar Pazouki, says that the decrease in Iranian citizens'…

Three Difficult Weeks Ahead, Says Central Bank Of Iran’s Governor

Radiofarda - Iran's financial status will face a challenging stretch leading up to the U.S. elections on November 3, says…

U.S. Sanctions Damaging Iranian Economy, Spokesman Says

Radiofarda - Referring to Washington's new, additional sanctions on Tehran, the spokesman for Iran's Foreign Ministry, Saeed Khatibzadeh, said on…

Poverty and Hunger in Iran Lead to Tragic Suicides by Young and Old

Iran-HRM - Poverty and hunger in Iran lead to tragic suicides by young and old Rampant spread of poverty in…

Iran in shock after 11-year-old boy commits suicide over poverty

Al-Monitor - An 11-year-old Iranian schoolboy, Mohammad Mousavizadeh, has committed suicide by hanging from the kitchen of his family’s rented, humble house…

Khamenei: Iran must look inward to address economy

Al-Monitor - Iranian Supreme Leader Ayatollah Ali Khamenei said today the country would never retreat in the face of new sanctions.  During…

Iran’s Rial Hits New Low Against Dollar As Economy Reels

Radiofarda - The Iranian rial fell to a new low against the U.S. dollar on Saturday as the economy reels…

US Announces Sanctions on 18 Iranian Banks

VOA - The U.S. government imposed new sanctions on 18 Iranian banks as Washington turned up the pressure on Tehran by…

Iran’s Ageing Population Hit With Consequences Of High Unemployment

Radiofarda - Ten percent of Iran's population is elderly, with the Gilan province home to the country's oldest citizens, the…

Iran’s Oil Revenue Will Not Exceed $5 billion in 2020

Radiofarda - The chairman of the Iran-China Chamber of Commerce, Majid Reza Hariri, says Iran's oil revenue this year is…