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Economy

Iran Lawmaker Criticizes Billions Of Dollars In Subsidies For Essential Imports

Radiofarda - The chairman of parliament’s economic commission in Iran says that the government spends between $80-160 of hard currency…

U.S. Fine With Global Oil Supply Amid Iran Sanctions -Envoy

Radiofarda - The Trump administration is comfortable that there is enough oil in the global market months into its program…

Khamenei Creates New Hurdle For Financial Safeguards Bills

Radiofarda - After an influential politician close to Iran’s Supreme Leader said February 28 that Ayatollah Ali Khamenei has not…

Asia’s Iran Crude Oil Imports Dips To 2-Month Low in Jan; To Rebound In Feb

Reuters - Asia's crude oil imports from Iran dipped in January to the lowest in two months after top buyers…

Iran’s top banks launch blockchain platform to boost ailing banking system

Al-Monitor - The biggest players in Iranian banking have joined forces in an effort to empower an ailing banking system that…

Khamenei’s Silence Keeps Anti-Money Laundering Bills In Limbo

Radiofarda - Gholamali Haddad Adel, a member of Iran’s Expediency Discernment Council and a close relative of Iran’s Supreme Leader,…

Rouhani Criticizes Poor Privatization, Calls for Accountability

Radiofarda - President Hassan Rouhani has criticized lack of supervision on the performance and accountability of poorly-privatized companies. (more…)

Will sanctions suffocate trickle of Iran-US trade?

Al-Monitor - Amid hopes among many Iranians that the 2015 nuclear deal would revive Iran’s economy after years of isolation,…

Iran’s President Faces Calls to Resign over Economic Crisis

VOA —As Iran marked the 40th anniversary of its Islamic Revolution, a white-turbaned Shiite cleric at one commemoration targeted President…

U.S. Dollar Reaches New Highs Against Iran’s Currency

Radiofarda - The exchange rate for the U.S. dollar rose on Sunday in Iran to almost 140,000 rials, reaching its…