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Economy

Rouhani Refuses To Submit Annual Report To Parliament Amid Economic Crisis

Radiofarda - Iran's President Hassan Rouhani has voiced his opposition to having to respond to Parliament's questions about his performance…

Living in Cars; a new Phenomenon in Tehran

Radiozamaneh - Hundreds of Iranian citizens are sleeping in their cars, for them, their cars have become their residence, their…

Job Searches Leave Iranians Increasingly Disappointed

Radiofarda - Iranians are disappointed with their search for employment, the parliament’s Majlis Research Center (MRC) announced on July 24…

Iranians floored by sky-high housing costs

Al-Monitor - Home prices in Tehran more than doubled in the quarter that ended June 21 compared with a year earlier,…

Rouhani Administration To Legalize Cryptocurrency Mining

Radiofarda - The Rouhani Administration’s Economic Commission has legalized cryptocurrency mining, Iranian media reported on Tuesday July 23, quoting Economy…

Khamenei Appoints New Paymasters For Financial Cartel

Radiofarda - Iranian Supreme Leader Ayatollah Ali Khamenei has appointed chief paymasters for the key parts of his $90 billion…

Millions of Barrels of Iranian Oil Are Piled Up in China’s Ports

Bloomberg - Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard…

Inflation runs rampant in Tehran as Iran’s government struggles to stem rising food prices

CNBC - Tehran faces rising food prices and food shortages. Iran’s government is running out of options to help stem…

Iran’s Currency Unexpectedly Rises 10 Percent Pushing Stock Market Lower

Radiofarda - The Tehran Stock Exchange (TSE) closed in red on Tuesday, July 16, as investors were set back by…

Iran Central Banker Says Much-Needed Hard Currency Earnings Stay Abroad

Radiofarda - The Governor of the Central Bank of Iran (CBI) says that 150 Iranians involved in exporting goods have…