Economy

Al-Monitor – During an Oct. 17 speech to young scholars and academics in the country, Iran’s Supreme Leader Ayatollah Ali Khamenei encouraged young Iranian scientists to “look east.” Khamenei spoke of the “necessity of having scientific relations with countries that are moving in the direction of growth,” and added, “These countries are primarily in Asia.” Khamenei went on, “Therefore we have to look …

Radiofarda – Abdolnasser Hemmati, governor of the Central Bank of Iran (CBI), has claimed that the second round of U.S. sanctions against Iran’s oil exports and international banking operations would be ineffective. Economic realities, however, paint a gloomier picture.

Radiofarda – Reimposed U.S. sanctions on Iran are making it more difficult and expensive for average Iranians to travel abroad, and an increase in Iranian asylum claims in Europe could see further restrictions imposed.

Radiofarda – France’s foreign ministry said on Thursday a so-called Special Purpose Vehicle (SPV) that the European Union is considering creating to enable trade with Iran could be used more broadly to help the bloc avoid the extraterritorial reach of U.S. law.

Al-Arabia – What is the FATF and why are we hearing such conflicting remarks from inside the Iranian regime in this regard?

Radiofarda – Iran’s Supreme Leader Ayatollah Ali Khamenei has elaborated on his disappointment with Europe during an October 17 meeting with a group his website has described as Iran’s “academic elites and prominent scholars.”

Radiofarda – Thousands of Iranian retirees assembled outside the Planning and Budget Organization (PBO) on Tuesday, October 16 in Tehran to protest minimal pensions.

Iran-HRM – With over 150,000 million barrels of proven oil reserves, Iran owns the third or fourth largest oil reserve (based on different types of estimation) among oil-producing countries. Only second to Russia, Iran has also one the largest gas reserves in the world.

Al-Monitor – In a closed three-hour meeting with 40 Iranian economists on Oct. 15, President Hassan Rouhani insisted that the country’s economy is not in crisis, but acknowledged that it’s not in “normal conditions” either. “Despite the hardships, this period shall pass,” Rouhani said, praising his government’s “precise planning,” which he asserted will counter “US policies in the long run.” 

Radiofarda – Iran has lost some customers for its oil because of looming U.S. sanctions, but high prices are making up for the lost sales, Iranian Vice President Eshaq Jahangiri has said.