Economy

radiofarda – Iran’s newspapers on Thursday said the execution of two financial traders was a “clear message” to others seeking to “disrupt” the country’s economy.

RFL/RE – With U.S. sanctions cutting into Iran’s oil exports and global trade, Iranian businesses have been looking to expand their presence in a traditional market — Iraq.

Radiofarda – Iran’s inflation rate will jump to over 40 percent by the end of the year even as its economy sinks into a deep recession, the International Monetary Fund (IMF) is projecting.

Al-Monitor – The United States has entered a new phase in its containment strategy against Iran by re-imposing all sanctions against the Islamic Republic. Tehran is continuing to abide by its commitments under the Joint Comprehensive Plan of Action (JCPOA), thereby securing the economic support of China and Europe and defining a more prominent role for the government in the country’s economy. President Hassan Rouhani’s …

RFL/RE – Saudi Arabia has announced a major cut in oil production to rebalance global markets and prop up plunging oil prices, citing U.S. sanctions waivers that are enabling Iran to keep exporting oil to most of its top customers.

Al-Arabia – US Secretary of State Mike Pompeo slammed a Newsweek article that he says insinuated that the US is sanctioning food and medicine from Iran.

Al-Arabia – With the dust settling after the US midterm elections, a look at the impact of this important development for the Iranian regime is called for. It has become a known fact that Tehran’s mullahs seek to wait out the presidency of Donald Trump in hopes of him not being re-elected come November 2020.

radiofarda – An Iranian court has sentenced a man working for Iran’s Foreign Ministry to 10 years in prison after convicting him of spying, judiciary spokesman Gholamhossein Mohseni Ejei said on Sunday.

rferl.org – A former Iranian minister of welfare and social security has been arrested for financial fraud, official media reported on November 11.

radiofarda – Iranian President Hassan Rouhani said on Saturday that U.S. sanctions announced last week have had no effect on Iran’s economy because Washington had already practically reimposed them earlier.