Sunday , 2 April 2023

Economy

Unrest In Iran Continues As Workers Strike Over Worsening Conditions

RFL/RE – Workers in the industrial town of Mahmoudabad in Isfahan continued their strike for a third consecutive day as a wave of unrest across Iran over living and work conditions shows no signs of letting up. Truck drivers in Tehran rallied in the capital on June 20, while more than 300,000 stone factory workers in the industrial town of Isfahan remained off …

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Mohammad Hashemi: I Don’t Recall Ali Khamenei Living in a Storage Container

Iranwire -The brother of former president Akbar Hashemi Rafsanjani has cast doubt on a recent, wild claim by Iranian state TV that Supreme Leader Ali Khamenei lived in a storage container for the first few years of his leadership. Mohammad Hashemi, a revolution-era politician and member of the Expediency Council from 2007 until 2012, made the remarks to IranWatch on Friday. It …

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Iran, Russia to establish trade centers

Al-Monitor – Iran and Russia signed a memorandum of understanding today concerning the establishment of mutual trade centers.  One center will be located in the Iranian capital, Tehran, and the other in Russia’s Baltic port city St. Petersburg. They will facilitate trade between the two countries in the energy, transportation, electronics, agriculture, food, pharmaceuticals and construction sectors. The goals of …

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Iranian Institutions Facing Food Shortages As Prices Skyrocket

RFL/RE – Local media in Iran say public institutions such as hospital, prisons, and child-care centers are facing possible food shortages due to skyrocketing prices. The Tehran-based Etemad newspaper reported on June 15 that the impending “problem” could hit in “the coming weeks” and that “food supplies will be disrupted not only in hospitals but also in other government facilities such as …

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US imposes sanctions on Iranian petrochemical network

Al-Monitor – If Iran and world powers fail to salvage the landmark nuclear agreement, the Biden administration warned Thursday that it will continue to use its sanctions authorities to crack down on Iran’s petroleum exports.  The Treasury Department’s Office of Foreign Assets Control unveiled sanctions on a network of Iranian petrochemical producers as well as front companies in China and the United Arab …

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Iran-Africa relations an open field for terrorism growth

As Iran has been put under economic sanctions by the US and West, they have wasted no time in building other paths of trade over the years. New trade routes to the Far East with Russia, China and India are generally well known but what many have failed to observe is their relations with African countries. Raisi in talks with …

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Iranian Protests Spread As Discontent Over Sanction-Hit Economy Grows

Merchants and shopkeepers at bazaars have continued protests in more cities across Iran as the economy reels from U.S. sanctions and the rial weakens to historic lows against the dollar. The Hrana news agency reported on June 15 that mobile phone sellers in the city of Najafabad in Isfahan joined the protests, closing their shops over the instability of the currency and …

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What the Cost of Living Crisis Looks Like in Iran

Iranwire – The death of an Iranian journalist who reportedly had a heart attack after his rent increased made headlines of many newspapers. Fereydoon Bahrami, a veteran member of the editorial team at Hamshahri, was said to have been in good health but died suddenly shortly after his landlord informed him his rent would be put up several times over, putting him …

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Pensioners, Public Employees Protest Iranian Government’s ‘Lies,’ Hypocrisy’

RFL/RE – Pensioners and retired public employees have again taken to the streets in the southern city of Ahvaz amid growing discontent over living conditions in Iran and the government’s failure to address the problem.Videos released from the June 14 rally in front of the Ahvaz governor’s office showed demonstrators chanting against what they called the “lies” and “hypocrisy” of the Islamic …

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Iranian Oil, Gas Exports Fall Sharply As Asia Turns Toward Russian Energy

RFL/RE – Oil-tanker-tracking companies estimate that Iran’s oil and natural gas exports have halved due to competition with Russia in Asian markets, as most countries in the West shun Moscow over its unprovoked invasion of Ukraine. The data company Kepler, which also provides tanker tracking services, told Radio Farda on June 13 that preliminary estimates showed that Iran’s crude oil and gas …

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