Al-Monitor – Following months of turbulence this year, the Iranian rial has regained a significant portion of its lost value in the past several weeks. However, this trend has not been seen in consumer prices, leading to increasing public discontent.
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Iran’s Economic Crisis Drags Down the Middle Class Almost Overnight
NYT— Less than a year ago, he was running a thriving computer accessories business, driving a new car and renting a comfortable two-bedroom apartment in the center of Tehran. But last month, Kaveh Taymouri found himself riding a rusty motorcycle on his hourlong commute to his family’s new lodgings, a 485-square-foot apartment in one of the city’s worst neighborhoods, next …
Read More »Less Money For Iran’s Defense Ministry, More For IRGC
Radiofarda – Not many details about Iran’s budget bill for the next year, presented to the parliament on December 25, have been publicly released.
Read More »Twenty Thousand PhD Graduates Are Unemployed In Iran
Radiofarda – Iran’s Deputy Minister of Science, Research and Technology for educational affairs says 20,000 Ph.D. holders in Iran are unemployed and jobless.
Read More »Despite U.S. Sanctions Iran’s Budget Projects Higher Oil Revenues
Radiofarda – As Iran’s oil exports have halved due to U.S. sanctions, the government has set 1,425 trillion rials income from oil, petroleum products and natural gas exports in the next year budget bill, which indicates a 32% growth year-on-year. Iran’s fiscal year starts on March 21.
Read More »Iranian MP: 1,800 religious scholars, preachers hold posts in oil ministry
Al-Arabia – An Iranian deputy said 1,800 religious scholars held oil ministry posts without having a specific job title or making the nature of their role known.
Read More »Sanctions to protests: A lose-lose situation for the Iranian regime
Al-Arabia – As the world continues to assess US President Donald Trump’s decision to pull out of Syria and significantly decrease America’s foothold in Afghanistan, Iran has troubles kicking in from all corners.
Read More »Iran Says Private Exporters Had no Problem Selling its Oil
VOA — Iran said on Wednesday private exporters have had “no problems” selling Iranian oil, and 3 million barrels of crude could be sold soon to non-government traders, state media reported, despite U.S. sanctions targeting Tehran’s oil sales.
Read More »Iranian MPs Demand Investigation Into Murky Privatization Deals
Radiofarda – More than fifty members of parliament in Iran have called upon the Islamic Republic’s judiciary to set up a special branch to look into significant “violations” committed in privatization of state-owned industries.
Read More »Iran’s Economy In 2018: Pressure Of Sanctions And Fear of Recurrent Unrest
Radiofarda – Like almost everything else in Iran in 2018, the economy was largely affected by two factors: The reimposition of U.S. sanctions and the protest demonstrations that swept across the country in over 100 cities at the beginning of the year.
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