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Economy

Iran’s commercial code reform invites turmoil

Al-Monitor - After years of delay, Iran’s parliament suddenly approved 331 articles of the first book of a massive trade reform bill in…

U.S. Sets Sights On Shipping Companies For Sanctions Evasions

Radiofarda - The United States will target shipping companies that are in breach of sanctions and aggressively enforce measures across…

Iran’s Central Bank Acts On Money Laundering After Deadlock With Hardliners

Radiofarda - The Iranian Central Bank has made it mandatory for all banks in Iran to establish an anti-money laundering…

Politician Confirms Iran’s Oil Exports Have Collapsed

Radiofarda - The former chairman of Iranian parliament’s influential National Security and Foreign Policy Commission says that Iranian crude oil…

Zarif Says Money Laundering In Iran Amounts To Billions Of Dollars

Radiofarda - The Islamic Republic's reputation is in no way smeared with money laundering, Iran's Foreign Minister Mohammad Javad Zarif…

Iran’s Gas Exports To Turkey Drop To One-Third Of Last Year

Radiofarda - In its latest report on Friday, November 1, Energy Market Regulatory Authority (EMRA)) says that natural gas imports…

Iran Reportedly Planning To Tax Savings Interest Income To Replenish Budget

Radiofarda - The cash-strapped government of the Islamic Republic is reportedly planning to levy taxes on bank deposit interest income,…

IMF Forecasts A Big Budget Deficit For Iran Amid Slump In Oil Exports

Radiofarda - The International Monetary Fund (IMF) in its Middle East and North Africa Regional Economic Outlook report says Iran…

US Treasury Secretary Mnuchin says US will ramp up economic pressure on Iran

Al-Arabia - US Treasury Secretary Steven Mnuchin said on Monday that the United States will increase economic pressure on Iran…

Large Decline In Iranian Exports To China Tilts Trade Balance

Radiofarda - The latest figures published by China Customs show a dramatic fall for Iranian imports in September 2019, compared…