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Economy

Middle And Low Income Iranians Can’t Even Afford Tuna, Says Industry Insider

Radiofarda - A member of Iran’s canned foods association says low and middle income people cannot afford canned tuna any…

Iran foreign debt down by 7 percent in 2 months: Central Bank

PayvandNews - The Central Bank of Iran (CBI) says the debt the country owes to foreign creditors have decreased by…

Sanctions choke Iran’s crude sales, but oil product exports booming

Reuters - While U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%,…

Iran’s Currency Keeps Rising Amid Diplomatic Efforts To Reduce Tensions

radiofarda - In the wake of a series of diplomatic efforts aimed at reducing tensions between Iran and the United…

Central Bank Governor Claims 40% Recovery In Value Of Iran’s Currency

radiofarda - The Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati says the value of the Iranian currency…

Two Iranian Lawmakers In Arrested In Connection With Auto Industry Corruption

payvand - Security forces in Iran have arrested two members of the Iranian Parliament (Majles) on charges of "disrupting the…

Sugar Factory Director Arrested In Iran On Charges Of ‘Corruption’

radiofarda - Prosecutors in Iran have detained a sugar factory general manager on charges of corruption, in the latest episode…

Iran’s Rouhani And Zarif Issue Threats Against Shipping, US

radiofarda - If Iran's oil exports are cut to zero, international waterways will not have the same security as before,…

Iran Moves To Cut Four Zeroes From Its Struggling Currency

rferl.org - Iranian President Hassan Rohani has sent a bill to parliament that would cut four zeroes from the value…

The CEO Of A Major Automaker Arrested In Iran

radiofarda - Days after accusations of large-scale corruption in Iran’s car industry, the CEO of Iran Khodro was arrested in…