Economy

CHRI – 15 Petrochemical Workers Sentenced to Prison, Flogging for Protesting Unpaid Wages in Latest Ruling Unpaid Wages Violates Iranian Law, Flogging Violates International Law

Al-Monitor – Ayatollah Ali Movahedi Kermani ascended the pulpit to lead the weekly Friday prayer session at the University of Tehran on Dec. 7. He chose to spend significant time reviewing and commenting on the ongoing negotiations over the fiscal budget of the next Iranian year (beginning March 21, 2019).

Radiofarda – One of the objectives of Iran’s annual budget for the next year is to decrease poverty, according to Iranian officials. This comes after news of the latest report by the parliament’s research center, which says 11 percent more people have fallen below the poverty line in the Tehran region as the national currency rial has lost value dramatically over the …

Radiofarda – President Hassan Rouhani’s budget for the next Iranian year (beginning March 21) will not be delivered to Iran’s parliament until amended on the basis of the Supreme Leader’s demands, reporters were told by a parliamentary leader, December 12.

Radiofarda – Parliament Research Center of the Iranian legislature says that eleven percent more people have fallen below poverty line in the Tehran region, as the national currency rial has lost value.

Al-Arabia – In the middle of December last year, the Islamic Revolutionary Guard Corps (IRGC) warned of the expectation of mass protests and responded by dispatching special patrols of Basij forces in order to create an atmosphere of fear and intimidation across the country to prevent any expression of popular dissent.

Al-Monitor – Earlier this month, an interim agreement on free trade between Iran and the Eurasian Economic Union (EAEU) was approved at the regional body’s summit in the Russian city of St. Petersburg. After relevant legal procedures in Iran are fully carried out, the deal is expected to take effect as of early 2019. 

PayvandNews – Some 2 million Iraqi nationals visited Iran during the first seven months of the current Iranian calendar year (started March 21), turning the country into Iran’s largest source of tourists, ISNA reported.

Radiofarda – Iranian President Hassan Rouhani has lambasted critics for blocking the government’s plan to join international anti-money laundering conventions such as the Financial Action Task Force (FATF).

Radiofarda – Iran’s exports to the United States has almost reached zero during September and October, a month after United States slapped its first round of sanctions on the Islamic Republic, targeting the financial and industrial sectors.