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Economy

Thirty Percent Of Iranian Youth Neither Study Nor Work

Radiofarda -Thirty percent of Iranian youth between the ages of 15-24 neither work nor study, according to figures published by…

More Than Half Of Iran’s Hard-Currency Export Earnings Remain Abroad

Radiofarda - As Iran suffers from a sharp decline in exports, the minister of economy and finance has said less…

Sanctions have led to Iran’s oil industry falling behind: Minister

Al-Arabia - Sanctions have led to Iran’s oil industry falling behind but Iran will resist, Iranian Oil Minister Bijan Zanganeh…

Iran’s Trade With Turkey Takes A Big Downturn

Radiofarda - Iran's total exports to Turkey, including oil and gas in the first eight months of 2019 has amounted…

Ships with one mln tons of grain stuck outside Iran’s ports in payment crisis

Al-Arabia - More than 20 ships carrying around one million tons of grain are stuck outside Iranian ports as US…

Iran’s Annual Inflation Nears 43 Percent, Goes Above IMF Forecast

Radiofarda - The Iranian Statistical Center has announced a on September 24 that the rate of inflation in Iran has…

Iran Says Dollar Eliminated From Trade With Russia, Turkey

Radiofarda - Iran’s central bank chief has said all trade with Russia takes place in national currencies and 30-40 percent…

Sanctions-Hit Iran Props Up Economy With Bartering, Secret Deals

Reuters - Washington's policy of applying "maximum pressure" on Iran with wide-ranging sanctions has shredded the country's oil revenues, sent…

Four Khamenei-Linked Institutions Own 60% Of Iran’s National Assets, Says Politician

Radiofarda - In unprecedented remarks by a regime insider, reformist activist and veteran politician Behzad Nabavi has said four financial…

Millions Of ‘Unidentified Account Holders’ In Iranian Banks

Radiofarda - Iran suffers from deep-rooted problems in its banking, including a phenomenon called “unidentified account holders" in Iranian banks.…