Economy

VOA – The Trump administration’s new special representative for Iran says his team will focus most of its work on changing Tehran’s behavior on issues of nuclear weapons, terrorism and detention of Americans.

RFL/RE – India, the second biggest crude oil customer for Iran, may cut its imports from the Islamic Republic by half to secure a waiver from the U.S. to continue with shipments, Bloomberg has cited “people familiar with the matter” as saying.

Al-Arabia – The US called on the major buyers of Iranian oil to halt all oil purchases, of course, not all will follow this demand, but the fact that Iran’s oil exports will decline is beyond question. On the other hand, due to sanctions and pressure from the United States, large European companies are leaving Iran. Only a few days …

VOA – A municipal leader in the Iranian capital, Tehran, has issued a stark warning about Iran’s economic problems, saying a “tsunami” of poverty is bearing down on society.

Radiofarda – Iran’s Minister of Industry, Mines and Business says, fluctuations in the local forex market in the past four months have tripled the number of applications for import licenses worth $250 billion dollar.

Radiofarda – The United States is trying to make Iran surrender through the imposition of sanctions, Iranian vice president Eshaq Jahangiri said on Wednesday.

Radiofarda – Iranian Auto parts manufacturers says 450 thousand workers in this industry are likely to lose their jobs as a result of Iran’s foreign currency crisis. At the same time, Iranian media report that rising prices of foodstuff and cost of housing on a daily basis make life harder for most Iranians.

PayvandNews – Some 1,884 tourism projects valued at 430 trillion rials (nearly $10.2 billion) are underway in Iran, tourism chief Ali-Asghar Mounesan said on Sunday.  Projects including construction of hotels and eco-lodges as well as projects aiming at attracting tourists are already underway and herald good days for tourism industry of the country, CHTN quoted Mounesan as saying.

Radiofarda – Iran’s health ministry spokesman has admitted that the country is currently suffering from shortages of foreign-made medications, but, insisted that “it can be overcome”.

Radiofarda – An official at the state-run National Iranian Oil Company (NIOC) has told state-run news agency, IRNA, that the company was reducing its prices for September sales to Asia to their lowest level in 14 years, compared with Saudi crude.