IOPHR’s Open Letter to IMF – To stop funding the Iranian Regime and provide aid through International NGO’s
Shabtabnews - On 16th March 2020, IOPHR sent an open letter to Mrs Kristalina Georgieva, the Managing Director of the International…
Economy
Iran’s leading carmaker IKCO halts production due to coronavirus
PayvandNews - Iran's leading car manufacturer the Iran Khodro Company (IKCO) has decided to halt production at all its plants…
For First Time In 6 Decades Iran Asks For IMF Loan To Battle Coronavirus
Radiofarda - For the first time since 1962 Iran has asked the International Monetary Fund (IMF) for emergency funding to…
U.S. Sanctions Have Idled A Quarter Of Iran’s Oil Rigs
Reuters - At least a quarter of Iran's oil rigs are out of action as U.S. sanctions strangle the Islamic…
Oil falls 25 pct after Saudi Arabia cuts prices
Al-Arabia - Oil prices plunged around 25 percent on Monday, heading towards their biggest daily loss since 1991 after Saudi…
‘Business is finished’: Iranian merchants fear the worst as virus spreads
Reuters - Iranian merchants plying the busy Strait of Hormuz between Dubai and Iran fear their next trip home will…
Iran’s Trade Dropped Dramatically In January Compared With 2019
Radiofarda - Iran’s trade with its main partners dropped dramatically in January 2020 compared with last year when U.S. sanctions…
Khamenei Circumvents Parliament To Get Controversial Budget Bill Approved
Radiofarda - Iran's Supreme Leader Ayatollah Ali Khamenei has issued a decree, circumventing parliament by allowing members of the budget…
Coronavirus puts more pressure on Iran’s already strained economy
Al-Monitor - The current crisis surrounding the spread of coronavirus in Iran is a complex and multilayered issue with political,…
Iranian rial plunges as coronavirus threatens export lifeline
Reuters - Iran’s rial hit a one-year low against the dollar on Wednesday as a sharp rise in coronavirus cases…