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Economy

Iran Claims Lower Unemployment But Numbers Say Otherwise

iranintl - Iran's Statistical Center recently announced a decline in the country's unemployment rate to 7.6 percent this fall from…

Iran Reducing Oil Exports To China, Demanding Higher Price – Reuters

iranintl - China's oil trade with Iran has stalled as Tehran withholds shipments, demanding higher prices from its top client, Reuters…

Government-Approved Hike In Cost Of Internet Angers Iranians

iranintl - Iranians, predominantly dependent on mobile data, are outraged by the government's recent approval of price hikes, with many…

Surging Costs Of Releasing Academic Degrees Sparks Outcry In Iran

iranintl - To curb increasing Iranian emigration, the Islamic Republic now withholds university degrees until substantial payments are made. Iranian…

Iran Becomes A Member Of BRICS, With Hopes And Challenges

iranintl - Iran officially became a member of the China-led BRICS economic organization on Monday, as it seeks to overcome…

Corruption And Mismanagement Drive Workers To Suicide In Iran

iranintl - The suicide of six workers at a petrochemical plant in Iran in less than two years is viewed…

Iran’s Inflation Hits 44%, Surpassing Monthly Averages

iranintl - With Iran's inflation rate soaring, a new report suggests that the price hikes in most provinces are higher…

Iran Restricts Cellphone Imports, Worrying Consumers

iranintl - Iran’s government has required all cell phone importers to obtain a formal letter of representation from foreign manufacturers,…

Iran, Russia to trade in local currencies instead of US dollar

Al-Arabia - Iran and Russia have finalized an agreement to trade in their local currencies instead of the US dollar,…

Iranians Face Large Internet Rate Increases Due To Inflation

iranintl - Internet companies in Iran have petitioned the government to increase their broadband and mobile tariffs by 100%, according…