Economy

The United States has announced plans to re-impose tough sanctions on Iran’s energy and banking sectors, saying Iran needs to change its behavior and act like a “normal country.” VOA’s Diplomatic Correspondent Cindy Saine has more from Washington. https://www.voanews.com/318f8efa-14ec-453d-96e7-0b1c121f86aa

Radiofarda – President Hassan Rouhani has given a 15-day deadline to his trade minister to publish the full list of car importers, who have received cheap foreign currency from the state. According to published official records, Iranian entities and individuals seem to have systematically misused subsidized foreign currency provided by the government for importing essential goods. Read related story by Shargh daily Iran’s Central …

Radiofarda – Mounting pressure from the Trump administration combined with discontent among many Iranians at the state of the economy are rattling the Islamic Republic, with little sign that its leaders have the answers, officials and analysts say.

Radiofarda – Aziz Ahmad is one of the unlikely winners of the stand-off between the United States and Iran, turning his modest transport service into an international foreign exchange operation that is providing much-needed dollars to the stricken Iranian economy.

VOA — Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, First Vice President Eshaq Jahangiri said Sunday.

Radiofarda – A week after a new round of protests started in Iran, most notably at the Grand Bazaar in Tehran, Friday prayers leaders in various Iranian cities denied the existence of dissent in the bazaars and attributed the unrest to intervention by other countries, “spies, infiltrators and profiteers.”

Reuters – Mounting pressure from the Trump administration combined with discontent among many Iranians at the state of the economy are rattling the Islamic Republic, with little sign that its leaders have the answers, officials and analysts say.

Radiofarda – A prominent reformist politician and former member of parliament, Ali Shakouri-Rad says President Hassan Rouhani is unlikely to be capable of tackling Iran’s current economic crisis.

Radiofarda – Iran’s oil minister criticized domestic opposition to new oil contracts as the reason why oil exports have remained relatively low, making Iran vulnerable to sanctions.

Al-Arabia – An international group that monitors money laundering worldwide said on Friday Iran had until October to complete reforms that would bring it into line with global norms or face consequences that could further deter investors from the country.