Economy

Radiofarda – A study conducted by the Research Center of the Iranian Parliament says that the current unemployment figures in Iran are alarming.

Radiofarda – Iranian President Hassan Rouhani says his country will continue exporting crude oil despite U.S. efforts to stop it through sanctions.

Al-Arabia – The Iranian rial hit a record low against the US dollar on the unofficial market on Tuesday, a foreign exchange website reported, amid a deterioration in the economic situation and the reimposition of sanctions by the United States.

Human Rights Activists News Agency (HRANA)- A group of students assembled on September 1, 2018, in front of Iran’s Central Bank on Mirdamad Street in Tehran to protest a decision that would deny access to foreign currencies at a special exchange rate.

Radiofarda – Iran’s national currency, the rial, has once again passed the record-breaking point of 120,000 against the U.S. dollar.

Al-Arabia – Iran is careening closer and closer to level of internal unrest that will require an extreme domestic reaction. The economic basket case that is the Iranian economy is dragging its people to public demonstration and protest.

RFL/RE – Japanese news media are reporting that the country’s major oil wholesalers are preparing to suspend crude imports next month.

Al-Monitor – The Iranian government is trying to address the issue of uneven economic development, which is most obvious in border regions, by creating more economic free zones. In pursuit of this aim, a bill proposing the establishment of eight new economic-industrial free zones and 12 special economic zones (SEZ) was submitted to parliament in 2016. The text was just approved by lawmakers Aug. 29 after the number of SEZ was increased to 69 earlier this …

payvand -Britain is reportedly trying to maintain trade with Iran in face of returning US sanctions and is even seeking tips from Japan on how to dodge US bans without being implicated. According to a report by the Times, London recently held clandestine talks with Tokyo in search for ways to maintain banking links with Iran and to import Iranian oil.

radiofarda – The Hague, August 30, 2018 (AFP) The United States on Wednesday accused Iran of bad faith for challenging Washington’s renewed nuclear-linked sanctions against it at the UN’s top court.