X

Economy

Six charts that show how hard US sanctions have hit Iran

BBC - Six months of exemptions from US sanctions for countries still buying oil from Iran ended on Thursday. President…

Iranians Queue Up At Gas Stations Fearing Rationing Of Gasoline

Radiofarda - Following a report that Iran will ration gasoline on May 2, long lines have formed outside gas stations,…

Iran Says Ready To Swap Oil For Goods, Investments

Radiofarda - Foreign companies can choose to receive crude oil instead of hard currencies for the goods they sell to…

Here’s how Iran wants to take its financial system on the blockchain

Al-Monitor - Over the past year or so, the technology arm of the Central Bank of Iran — the Informatics…

Iran Will Start Rationing Heavily Subsidized Gasoline

Radiofarda - Subsidized gasoline in Iran will be rationed from May 3 and each driver will have a right to…

Price Of Bread Jumps Threefold In Iran

Radiofarda - The state-run Iranian Students News Agency ISNA reported an unusual rise in the price of bread in Iran…

Rouhani Calls On Iran Workers To Produce More To Defeat U.S. Sanctions

Radiofarda - The Islamic Republic President Hassan Rouhani accused Washington on, April 30, of indirectly pressuring working class people of…

Iran’s Military Expenditure Declines in 2018 Due To Economic Problems

VOA - A new report released by the Stockholm International Peace Research Institute on world military expenditure (SIPRI) on April…

As U.S. Sanctions Bite, Iran Fulfills Only 63% Of Non-Oil Export Target

Radiofarda - Iran could fulfill only 63% of its non-oil export target during its last fiscal year, Trade Promoting Organisation…

Iran Officially Launches Trade Mechanism To Match Europe’s INSTEX

Radiofarda - Iran on April 29 announced the establishment of a company designed to match a mechanism European countries have set…